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CPI Aerostructures announces new orders from Spirit AeroSystems for the G650 wing leading edges

CPI Aerostructures, Inc. ("CPI Aero®") (NYSE Amex:CVU) today announced that it has received purchase orders from Spirit AeroSystems, Inc. ("Spirit") for wing leading edge assemblies for the Gulfstream G650 aircraft that extend CPI Aero's backlog through July 2012. In March 2008, Spirit and CPI Aero entered into a long term agreement to provide Spirit with leading edges for the wing of the Gulfstream G650 business jet. Spirit designs and manufactures the G650 wing for Gulfstream Aerospace Corporation.

Edward J. Fred, CPI Aero's CEO and President, stated, "We are proud of our performance on this program and are excited about these follow on orders. As we continue to demonstrate our assembly capabilities to Spirit, we hope to be considered for additional opportunities for assemblies on this platform."

This award brings the total new year-to-date awards for CPI Aero from all customers to $54.7 million, compared to $9.5 million for the same period of 2010 and $61.7 million for all of 2010.

Press release issued by CPI Aero, Inc. on July 6, 2011

 

 Contact details from our directory:
CPI Aero, Inc. Fuselage Sections, Aircraft Control Surfaces, Aircraft Doors, Ordnance Handling Equipment, Wings, Windows, Crew Seating, Engine Inlets, Wing Flaps, Wing Spars, Aircraft Structural Components
Spirit AeroSystems, Inc. Wing Flaps, Empennages, Nacelles, Wings, Aircraft Control Surfaces, Aircraft Structural Components, Thrust Reversers, Engine Pylons, Fuselage Sections, Engine Inlets, Wing Spoilers, Fairings, Machining Services

 

 Related aircraft programs:
Gulfstream G650

 

 Related directory sectors:
Airframe Assemblies

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