CPI Aerostructures

CPI Aerostructures received a contract from Turkish Aerospace Industries valued at about $4.6 million to build window assemblies on 109 T70 utility helicopters over a five-year period.

CPI Aerostructures has received orders valued at approximately $4.6 million from Turkish Aerospace Industries to manufacture window assemblies for 109 T70 Turkish Utility Helicopters over an estimated 5-year period.

Raytheon authorized CPI Aerostructures to begin production of pod structures and air-management system components for the Next Generation Jammer Mid-Band program. The contract has a maximum value of $23.3 million, with deliveries expected from August 2020 to first half of 2021.

Welding Metallurgy Inc., a subsidiary of CPI Aerostructures, has been awarded $1.23 million in new orders from Northrop Grumman for aerial refueling probe assemblies for the E-2D Advanced Hawkeye aircraft.

CPI Aerostructures was awarded a potential 11-year, $65.7 million contract by the U.S. Air Force to provide sustainment support, including fastener and structural kits, for T-38 Talon trainer aircraft variants.

CPI Aerostructures received an $8.1 million contract from Northrop Grumman to deliver outer wing panel kits for the E-2D Advanced Hawkeye aircraft. The order covers the first year of a potential multi-year deal valued up to $47.5 million.

CPI Aerostructures received a multi-year contract from Lockheed Martin to manufacture rudder island and drag chute canister assemblies for the tail section of the F-16V aircraft. Deliveries are expected to begin in Q4 2019 and the contract runs until 2024.

CPI Aerostructures was awarded a contract from Sikorsky worth about $1 million to manufacture a structural assembly for use in the interior of Sikorsky helicopters. Work begins immediately with first delivery in early 2019.

CPI Aerostructures Inc. acquired Welding Metallurgy Inc. (WMI) from Air Industries Group Inc. WMI provides welded products and assemblies to defense and aerospace markets, and its operations will be integrated into CPI's Edgewood, New York headquarters by Q1 2019.

Lockheed Martin awarded a master requirements contract to CPI Aerostructures to produce four different lock assemblies for the arresting gear door on the F-35A CTOL variant.

Raytheon awarded CPI Aerostructures modified purchase orders totaling $12.5 million for the Engineering and Manufacturing Development phase of the Next Generation Jammer Mid-Band program. CPI Aero expects to complete its work in late 2019.

CPI Aerostructures won a long-term contract to supply noise-attenuating engine inlets for the HondaJet Elite business jet. The company upgraded its plant to accommodate in-house production of the inlets.

CPI Aerostructures announced a definitive agreement to acquire Welding Metallurgy Inc. from Air Industries Group for $9 million in cash, with up to $1 million additional contingent on long-term supply agreements.

CPI Aerostructures received a contract amendment from Bell Helicopter for production of engine cowl assemblies and support assemblies for the AH-1Z Viper attack helicopter. The amendment is worth $3.8 million and extends the contract period by one year.

CPI Aerostructures was awarded a $15.8 million multi-year contract by Lockheed Martin to manufacture canopy actuation drive shaft assemblies for the F-35 Lightning II. Deliveries are expected to begin in Q3 2018 and continue through December 31, 2022.

CPI Aerostructures signed a long-term supply agreement with Sikorsky to manufacture gunner window assemblies for the UH-60M Black Hawk helicopter, valued at up to $8.2 million for five years from 2018 to 2022.

CPI Aerostructures signed a five-year contract worth up to $8.2 million with Sikorsky to supply gunner window assemblies for the UH-60M Black Hawk helicopter, starting in 2018 through 2022.

CPI Aerostructures signed a five-year supply agreement with Sikorsky, a Lockheed Martin company, to manufacture fuel panel assemblies for the UH-60M Black Hawk helicopter, valued at up to $21 million from 2018 to 2022.

CPI Aerostructures made its first delivery to Lockheed Martin under a $10.6 million multi-year contract to manufacture lock assemblies for the F-35A CTOL aircraft.

CPI Aerostructures received an IDIQ contract from Bell Helicopter to build engine cowl and support assemblies for the AH-1Z Viper attack helicopter. The contract is valued at $14.8 million and runs through December 31, 2020.