CPI Aerostructures receives $34.4M contract from Lockheed Martin for F-16 assemblies

CPI Aerostructures was awarded a multi-year contract by Lockheed Martin to manufacture Rudder Island and Drag Chute Canister assemblies for the F-16 Block 70/72. The contract has a value not to exceed $34.4 million, with an initial funded order of $10.4 million.

“CPI Aero delivered its first RI/DCC assembly for the F-16 Block 70/72 in June 2021.”cpiaero.com

• 3 sources
• cpiaero.comNews - 2023 2nd Multi-Year Contract Aug 2023 — CPI Aerostructures, Inc.Aug 28, 2023
• globenewswire.comCPI Aero Receives Second Multi-Year Contract and FundedCPI Aerostructures, Inc.Aug 28, 2023
• globenewswire.comCPI Aero Receives Second Multi-Year Contract and FundedCPI Aerostructures, Inc.Aug 28, 2023

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