CPI Aerostructures, Inc.·Industrials

EDGEWOOD, N.Y., May 26, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that its wholly owned subsidiary, Welding Metallurgy, Inc. (WMI) has reached an Agreement with Northrop Grumman Corporation (NYSE:NOC) and has been awarded follow-on orders for welded structure assemblies for the E-2D Advanced Hawkeye (E-2D) aircraft. Under the terms of these new orders, WMI will manufacture more than 20 different complex welded assemblies in support of the production of E-2D aircraft with deliveries through 2028.

First Quarter 2026 vs. First Quarter 2025 Revenue of $17.4 million compared to $15.4 million; Gross profit of $4.5 million compared to $1.6 million; Gross profit margin of 25.8% compared to 10.7% (21.6% excluding A-10 Program impact); Net income of $1.2 million compared to net (loss) of $(1.3) million; Earnings per share of $0.10 compared to (loss) per share of $(0.10); Adjusted EBITDA( 1) of $2.1 million compared to $(0.8) million ($1.4 million excluding A-10 Program impact); EDGEWOOD, N.Y.

CPI Aerostructures, Inc. (NYSE: CVU - Get Free Report) shares rose 0.6% during trading on Thursday. The stock traded as high as $3.52 and last traded at $3.49. Approximately 65,680 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 128,197 shares. The stock had previously closed at $3.47.

Fourth Quarter 2025 vs. Fourth Quarter 2024 Revenue of $19.4 million compared to $21.8 million; Gross profit of $3.9 million compared to $4.3 million; Gross margin of 20.3% compared to 20.0%; Net income of $0.7 million compared to net income of $1.0 million; Earnings per share of $0.05 compared to earnings per share of $0.08; EBITDA(1) of $1.6 million compared to $2.3 million; Full Year 2025 vs.

EDGEWOOD, N.Y., March 09, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received several funded orders totaling $4 million for overhaul and repair of the outboard stabilator assemblies in support of the Sikorsky MH-60 SEAHAWK helicopter. These funded orders were issued against a previously announced five-year, indefinite delivery indefinite quantity (IDIQ) contract from Sikorsky.

EDGEWOOD, N.Y., March 03, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received funded orders totaling $6 million for Airborne Pods from Raytheon's Advanced Products & Solutions Strategic Business Unit. This program adds to the growing list of Airborne Pod Programs in CPI's Aerosystems Segment. The SOW includes the design and development of assembly tools and fixturing, procurement of complex monolithic machine parts and other detailed components, assembly and integration of the complete pod structure, and required testing. These funded orders were issued with a not-to-exceed (NTE) ceiling of $12 million.
CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company also offers aero systems, such as reconnaissance pod structures and fuel panel systems; and supplies parts for maintenance, repair, and overhaul (MRO), as well as kitting contracts. In addition, it operates as a subcontractor for defense contractors and commercial contractors, as well as a contractor for the United States Department of Defense. Further, the company offers engineering, program management, supply chain management, kitting, and MRO services. Additionally, it offers machine gunner window assemblies, hover infrared suppression system module assemblies, wing sets and spares kits, lock assemblies, canopy activation drive shaft assemblies, rudder island and drag chute canister assemblies, composite electronics racks, structural wing components, fixed leading edges, and engine inlet assemblies. The company was formerly known as Consortium of Precision Industries, Inc. and changed its name to CPI Aerostructures, Inc. in July 1992. CPI Aerostructures, Inc. was incorporated in 1980 and is headquartered in Edgewood, New York.
Industrials
Aerospace & Defense
212
1992-09-17
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