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Stock Market & Financial Investment News

News Breaks
January 6, 2014
08:48 EDTCVUCPI Aerostructures says total 2013 new contract awards exceeded $122M
CPI Aerostructures announced that in 2013 it received record new business awards from all customers totaling approximately $122.3M. This total surpasses the previous record of $83.6M established in 2011 and compares to $81.6M in awards received in 2012. The 2013 amount includes an order received during Q4 that will be publicly announced pending final approval of the press release by the customer.
News For CVU From The Last 14 Days
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July 14, 2014
08:50 EDTCVUCPI Aero, Embraer amend long-term supply agreement
CPI Aerostructures,(CVU) announced that Embraer (ERJ) amended its 2012 long term supply agreement with CPI Aero for the manufacture of engine inlet assemblies for the Phenom 300 business jet. The amendment is expected to generate incremental sales of approximately $9M over the next several years compared to the original agreement. The overall value of the long term agreement is now estimated by CPI Aero to be in excess of $50M.

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