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News Breaks | | | | November 9, 2012 | | 08:47 EDT |  | CVU | CPI Aerostructures sees FY12 gross margin at high end of 25%-27% range
Says will achieve net income guidance of $12M. Discussing the outlook for 2013, the company says “As is the case for our industry peers, it remains unclear whether sequestration will take effect in January 2013 and what the impact of even deeper cuts in defense spending will have on CPI Aero’s existing and projected defense contracts. We plan to announce our 2013 guidance once the federal budget situation becomes sufficiently defined.” | |
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News For CVU From The Last 14 Days Check below for free stories on CVU the last two weeks. |
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| May 13, 2013 | | 08:47 EDT | | CVU | CPI Aerostructures announces $3.95M in new requirements from Bell Helicopter
CPI Aerostructures (CVU) announced that it has received an extension, through 2015, to its existing General Ordering Agreement with Bell Helicopter, a Textron (TXT) company, that adds additional delivery requirements totaling $3.95M for the manufacture of various assemblies for the AH-1Z ZULU attack helicopter. | |
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