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CPI Aero announces $3.2 million production program order from major aerospace prime contractor

CPI Aerostructures, Inc. ("CPI Aero(R)") (NYSE Amex: CVU) announced today that it has received a purchase order from a leading global aerospace and defense company to produce aircraft structural assemblies, valued at $3.2 million. Work on this order will commence immediately and deliveries are scheduled to occur over a twelve month period beginning in early 2011.

CPI Aero has received six previous orders for this assembly from the same customer and is currently completing a contract that was awarded in September 2009.

Edward J. Fred, CPI Aero's CEO and President, stated, "With this order, we have received contracts for this product totaling $9.4 million since 2004. We are extremely proud that our past performance has reinforced this customer's confidence in CPI Aero, which has led to this new order."

Press release issued by CPI Aero, Inc. on June 29, 2010

 

 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

 

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