Welcome to our dedicated page for Cpi Aerostruct news (Ticker: CVU), a resource for investors and traders seeking the latest updates and insights on Cpi Aerostruct stock.
CPI Aerostructures, Inc. (CPI Aero) (NYSE American: CVU) is a U.S. aerospace and defense manufacturer whose news flow centers on contracts, program performance, financial results, and corporate governance developments. The company produces structural assemblies for fixed wing aircraft, helicopters, and airborne Intelligence, Surveillance and Reconnaissance pod systems, and acts as both a Tier 1 and Tier 2 supplier within the global aerostructure supply chain as well as a prime contractor to the U.S. Department of Defense, primarily the Air Force.
News about CPI Aero frequently covers new and follow-on awards from major defense customers. Recent press releases describe multiple purchase orders from the U.S. Air Force under an Indefinite Delivery/Indefinite Quantity contract for T-38C Pacer Classic III and Talon Repair Inspection and Maintenance structural modification kits, as well as production orders from Raytheon, an RTX business, for Pods and Air Management Systems on the Next Generation Jammer Mid-Band program and for structural missile wing assemblies. These items illustrate how contract wins and program milestones can influence the company’s backlog and future workload.
Investors and observers can also find quarterly and year-to-date financial results, including revenue, gross profit, net income or loss, and non-GAAP measures such as Adjusted EBITDA, along with management commentary on program transitions and the impact of specific contracts like the Boeing A-10 program. Additional news items address topics such as unusual trading activity in the company’s stock, board and executive appointments, long-term incentive plan approvals, and participation in industry bodies like the Aerospace Industry Association’s Executive Committee.
This news page aggregates these disclosures so readers can follow CPI Aero’s contract awards, financial updates, capital structure developments, and governance changes through its official press releases and related announcements.
CPI Aerostructures (NYSE American: CVU) appointed Robert Mannix as Chief Financial Officer effective Dec. 9, 2025. Mannix brings over 30 years of finance experience covering accounting, reporting, audit, compliance, treasury, tax, and FP&A.
Pamela Levesque will step down as Interim CFO and remain on CPI Aero’s Board of Directors. Mannix's prior roles include Executive VP/Chief Accounting Officer at West Technology Group, SVP and Corporate Controller at Verint, senior finance roles at Motorola, and audit experience at Ernst & Young. He is a CPA and holds a bachelor’s in accounting from Pace University.
CPI Aerostructures (NYSE American: CVU) announced that Dorith Hakim, president and CEO, was appointed to the Aerospace Industry Association Executive Committee on December 5, 2025. The AIA is the primary U.S. aerospace and defense trade association that advocates on legislative and policy issues and develops aerospace standards.
The Executive Committee is led by Board Chair Phebe Novakovic and Vice Chair Christopher T. Calio and comprises CEOs and senior leaders. The company noted CPI Aero represents 96% of AS9100 Series certified small businesses with fewer than 500 employees. The release reiterates CPI Aero's role as a prime DOD contractor and Tier 1 subcontractor providing engineering, supply chain, assembly and MRO services.
CPI Aerostructures (NYSE: CVU) received a Lot 5 production order from Raytheon for Pods and Air Management System (AMS) for the Next Generation Jammer Mid-Band (NGJ-MB) program.
The award carries initial funding of $21.1 million with a not-to-exceed value of $42.3 million, and supports deliveries beginning in 2027. CPI Aero said the award reflects past on-time delivery performance on NGJ-MB Pods and AMS and continues its role as a supplier to Raytheon and the U.S. Navy.
CPI Aerostructures (NYSE:CVU) reported third quarter and nine-month 2025 results on Nov 14, 2025. Q3 2025 revenue was $19.3M vs $19.4M a year earlier; Q3 gross profit $4.3M and gross margin 22.3% vs 21.7%; Q3 net income $1.1M ($0.09/sh) vs $0.7M ($0.06/sh). Q3 Adjusted EBITDA was $1.9M.
For the nine months, 2025 revenue was $49.8M vs $59.3M in 2024; nine-month gross profit fell to $6.6M and adjusted EBITDA was $(0.6)M (but $3.9M excluding a $4.47M A-10 termination adjustment). Total debt declined to $15.9M and backlog was $509M as of Sept 30, 2025.
CPI Aerostructures (NYSE American: CVU) issued a Section 401(d) statement on October 30, 2025 after unusual trading in its common stock. The company said it conducted internal reviews and is not aware of any material, undisclosed corporate developments that would explain the trading spike.
The statement noted CPI Aero earlier announced an order from Raytheon to manufacture structural missile wing assemblies for an undisclosed platform, described as consistent with prior, ordinary-course orders. The company said it will monitor trading and comply with disclosure and NYSE American rules, and urged investors to rely on official press releases and SEC filings.
CPI Aerostructures (NYSE American: CVU) announced it received a single-source firm fixed price production order from Raytheon, an RTX business, to manufacture structural missile wing assemblies for an undisclosed platform.
Deliveries are scheduled to start in 2026. The company highlighted its experience in airborne pod systems and mixed-commodity, tight-tolerance aerostructures and positioned the award as strategic for growth in missiles, targets, drones and autonomous systems.
CPI Aero (NYSE:CVU) received multiple U.S. Air Force purchase orders totaling $10.2 million for T-38C structural modification kits and sustainment services, increasing the funded value of an existing IDIQ contract to $61.1 million of a $65.7 million ceiling. The work supports Phase 3 PCIII and TRIM programs, adds kit deliveries into 2028, and helps extend the T-38 fleet service life beyond 2030. CPI Aero provides kitting, program management, logistics and MRO services under the contract.
CPI Aerostructures (NYSE American: CVU) reported challenging Q2 2025 financial results, primarily impacted by the termination of the A-10 Program by Boeing. Revenue declined to $15.2 million from $20.8 million year-over-year, with a net loss of $(1.3) million compared to net income of $1.4 million in Q2 2024.
The company took a $2.3 million write-off on the A-10 Program in Q2, with a total six-month impact of $4.5 million. Excluding the A-10 Program impact, gross margin was 17.1% compared to 24.6% in Q2 2024. Notable achievements include reducing total debt to an all-time low of $16.2 million and maintaining a strong backlog of $506 million, supported by new program awards from Raytheon, Sikorsky, Lockheed, US Air Force, and Embraer.
CPI Aerostructures (NYSE American: CVU) has secured multiple purchase orders worth $2.5 million from the U.S. Air Force for T-38 aircraft modification kits. These orders are part of a previously announced contract valued at up to $65.7 million for the T-38C Pacer Classic III Fuselage Structural Modification Kit Integration program and the Talon Repair Inspection and Maintenance program.
The new orders increase the total funded value to $50.8 million, with deliveries extending into 2028. The modifications will extend the service life of nearly 500 Northrop T-38 Talon aircraft, which have served as the U.S. Air Force's principal supersonic jet trainer for over 60 years, beyond 2030.
CPI Aerostructures (NYSE American: CVU) has secured follow-on orders worth $2.4 million for welding complex structural assemblies used in U.S. military helicopters. The deliveries are scheduled through mid-2026.
The company, which is NADCAP certified for numerous OEM welding specifications, serves as either a Tier 1 supplier to aircraft OEMs or a Tier 2 subcontractor to major Tier 1 manufacturers. CPI Aero specializes in manufacturing structural assemblies for fixed wing aircraft, helicopters, and airborne Intelligence Surveillance and Reconnaissance pod systems in both commercial aerospace and national security markets.
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