CPI Aero Receives $10.2 Million of Purchase Orders from U.S. Air Force for T-38 Aircraft Modification Kits
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 Aero (NYSE:CVU) ha ricevuto molteplici ordini d'acquisto dalla U.S. Air Force per un totale di 10,2 milioni di dollari per kit di modifica strutturale T-38C e servizi di manutenzione, aumentando il valore finanziato di un contratto IDIQ esistente a 61,1 milioni di dollari su un tetto di 65,7 milioni. Il lavoro supporta i programmi Phase 3 PCIII e TRIM, aggiunge consegne di kit fino al 2028 e aiuta a estendere la vita operativa della Flotta T-38 oltre il 2030. CPI Aero fornisce servizi di kit, gestione di programma, logistica e MRO nell'ambito del contratto.
CPI Aero (NYSE:CVU) recibió múltiples órdenes de compra de la Fuerza Aérea de los Estados Unidos por un total de 10,2 millones de dólares para kits de modificación estructural del T-38C y servicios de sostenimiento, aumentando el valor financiado de un contrato IDIQ existente a 61,1 millones de dólares de un techo de 65,7 millones. El trabajo apoya los programas Phase 3 PCIII y TRIM, añade entregas de kits hasta 2028, y ayuda a extender la vida útil de la flota T-38 más allá de 2030. CPI Aero ofrece servicios de kit, gestión de programas, logística y MRO bajo el contrato.
CPI Aero (NYSE:CVU)가 미 공군으로부터 T-38C 구조 변경 키트 및 유지보수 서비스에 대해 총 1,020만 달러의 다수 주문을 받았으며, 기존 IDIQ 계약의 조달 가치를 6,110만 달러로, 상한은 6,570만 달러로 증가시켰습니다. 이 작업은 Phase 3 PCIII 및 TRIM 프로그램을 지원하고, 2028년까지 키트 납품을 추가하며, T-38 함대의 운용 수명을 2030년 이후로 연장하는 데 기여합니다. CPI Aero는 계약 하에서 키팅, 프로그램 관리, 물류 및 MRO 서비스를 제공합니다.
CPI Aero (NYSE:CVU) a reçu plusieurs commandes d'achat de l'Armée de l'Air des États-Unis pour un montant total de 10,2 millions de dollars pour des kits de modification structurelle du T-38C et des services de maintien, augmentant la valeur financée d'un contrat IDIQ existant à 61,1 millions de dollars sur un plafond de 65,7 millions. Les travaux soutiennent les programmes Phase 3 PCIII et TRIM, ajoutent des livraisons de kits jusqu'en 2028 et aident à prolonger la durée de vie opérationnelle de la flotte T-38 au-delà de 2030. CPI Aero fournit des services de kit, de gestion de programme, de logistique et de MRO dans le cadre du contrat.
CPI Aero (NYSE:CVU) erhielt mehrere Beschaffungsaufträge der US-Luftwaffe in Höhe von insgesamt 10,2 Millionen USD für T-38C-Strukturanpassungs-Kits und Instandhaltungsdienstleistungen, wodurch der finanzierte Wert eines bestehenden IDIQ-Vertrags auf 61,1 Millionen USD von einer Deckelung von 65,7 Millionen erhöht wird. Die Arbeiten unterstützen Phase-3-PCIII- und TRIM-Programme, fügen Kit-Lieferungen bis 2028 hinzu und helfen, die Einsatzdauer der T-38-Flotte über 2030 hinaus zu verlängern. CPI Aero erbringt im Rahmen des Vertrags Kit-Zusammenstellung, Program Management, Logistik und MRO-Dienstleistungen.
CPI Aero (NYSE:CVU) تلقّت عدة أوامر شراء من القوات الجوية الأمريكية بإجمالي 10.2 مليون دولار لكيتات تعديل هيكلي لـ T-38C وخدمات صيانة، مما رفع القيمة الممولة لعقد IDIQ قائم إلى 61.1 مليون دولار من سقف 65.7 مليون دولار. يدعم العمل برامج Phase 3 PCIII و TRIM، ويضيف تسليمات كيـت حتى 2028، ويساعد في تمديد عمر أسطول T-38 بعد 2030. تقدم CPI Aero خدمات التجميع والتخطيط البرامجي واللوجستيات وMRO بموجب العقد.
CPI Aero (NYSE:CVU) 已收到美国空军多项采购订单，总额为1020万美元，用于T-38C结构修改套件和维持服务，使现有IDQI合同的资助价值提升至6110万美元，上限为6570万美元。该工作支持Phase 3 PCIII和TRIM项目，增加到2028年的套件交付，并有助于将T-38机队的服役寿命延长到2030年以后。CPI Aero在合同下提供套件组装、项目管理、后勤和MRO服务。
- $10.2M in new U.S. Air Force purchase orders
- Funded contract value increased to $61.1M
- Work funded into 2028, supporting ongoing deliveries
- Supports life‑extension of T‑38 fleet beyond 2030
- IDIQ ceiling leaves ~$4.6M of the $65.7M contract unfunded
Insights
CPI Aero won $10.2< money>$ million in new Air Force orders, raising funded IDIQ awards to $61.1< money>$ million and extending deliveries into
The award increases the funded value under an existing IDIQ up to a
Key dependencies and risks include continued task orders under the IDIQ, timing of kit deliveries, and performance milestones tied to U.S. Air Force schedules; the release explicitly ties work to extending T-38 service life beyond
- Increases Funded Orders under Previously Awarded Multi-year Contract to
EDGEWOOD, N.Y., Oct. 06, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has received multiple purchase orders totaling
The Northrop T-38 Talon is a two-seat, twinjet supersonic aircraft and has been the principal supersonic jet trainer used by the U.S. Air Force for more than 60 years. Over 1,200 were produced and just under 500 are still being flown by the U.S. Air Force and NASA. The PCIII and TRIM programs give the aircraft a structural makeover that extends the service life of the aircraft beyond 2030.
“CPI is in our seventh year providing critical Kitting and Supply Chain Management services to the U.S. Air Force in support of the T-38 and its critical pilot training mission. We are proud to be an integral part of the T-38 program and to continue delivering on our commitment to the Warfighter,” commented Dorith Hakim, president and chief executive officer of CPI Aero.
About CPI Aero
CPI Aero is a U.S. manufacturer of structural assemblies for fixed wing aircraft, helicopters and airborne Intelligence Surveillance and Reconnaissance pod systems in both the commercial aerospace and national security markets. Within the global aerostructure supply chain, CPI Aero is either a Tier 1 supplier to aircraft OEMs or a Tier 2 subcontractor to major Tier 1 manufacturers. CPI also is a prime contractor to the U.S. Department of Defense, primarily the Air Force. In conjunction with its assembly operations, CPI Aero provides engineering, program management, supply chain management, and MRO services.
Forward-looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included or incorporated in this press release are forward-looking statements. Words such as “continue,” “commitment” and similar expressions are intended to identify these forward-looking statements. The Company does not guarantee that it will actually achieve the plans, intentions or expectations disclosed in its forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements.
Forward-looking statements involve risks and uncertainties, and actual results could vary materially from these forward-looking statements. There are a number of important factors that could cause the Company’s actual results to differ materially from those indicated or implied by its forward-looking statements, including those important factors set forth under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the period ended December 31, 2024 filed with the Securities and Exchange Commission. Although the Company may elect to do so at some point in the future, the Company does not assume any obligation to update any forward-looking statements and it disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
CPI Aero® is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com, and follow us on Twitter @CPIAERO.
| Contacts: | ||
| Investor Relations Counsel | CPI Aerostructures, Inc. | |
| Alliance Advisors IR | Pamela Levesque | |
| Jody Burfening | Interim Chief Financial Officer | |
| (212) 838-3777 | (631) 586-5200 | |
| cpiaero@allianceadvisors.com | plevesque@cpiaero.com | |
| www.cpiaero.com |
FAQ
What did CPI Aero (CVU) announce on October 6, 2025?
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What programs do CPI Aero’s new orders support under CVU’s contract?
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What is the total IDIQ ceiling and how much is funded for CVU’s T-38 work?
