CPI Aero Receives $2.5 Million of Purchase Orders From U.S. Air Force for T-38 Aircraft Modification Kits
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) ha ottenuto diversi ordini di acquisto per un valore complessivo di 2,5 milioni di dollari dall'Air Force statunitense per kit di modifica degli aerei T-38. Questi ordini fanno parte di un contratto precedentemente annunciato, del valore massimo di 65,7 milioni di dollari, relativo al programma di integrazione del kit di modifica strutturale della fusoliera T-38C Pacer Classic III e al programma di ispezione, riparazione e manutenzione Talon.
I nuovi ordini portano il valore totale finanziato a 50,8 milioni di dollari, con consegne previste fino al 2028. Le modifiche permetteranno di estendere la vita operativa di quasi 500 aerei Northrop T-38 Talon, che da oltre 60 anni sono il principale addestratore supersonico dell'Air Force statunitense, oltre il 2030.
CPI Aerostructures (NYSE American: CVU) ha asegurado múltiples órdenes de compra por un valor de 2,5 millones de dólares de la Fuerza Aérea de EE. UU. para kits de modificación de aeronaves T-38. Estas órdenes forman parte de un contrato previamente anunciado valorado en hasta 65,7 millones de dólares para el programa de integración del kit de modificación estructural del fuselaje T-38C Pacer Classic III y el programa de inspección, reparación y mantenimiento Talon.
Las nuevas órdenes aumentan el valor total financiado a 50,8 millones de dólares, con entregas previstas hasta 2028. Las modificaciones extenderán la vida útil de casi 500 aviones Northrop T-38 Talon, que han sido el principal entrenador supersónico de la Fuerza Aérea de EE. UU. durante más de 60 años, más allá de 2030.
CPI Aerostructures (NYSE American: CVU)는 미국 공군으로부터 T-38 항공기 개조 키트에 대한 250만 달러 규모의 다수 구매 주문을 확보했습니다. 이 주문들은 이전에 발표된 최대 6,570만 달러 규모의 T-38C Pacer Classic III 동체 구조 개조 키트 통합 프로그램 및 Talon 수리 점검 및 유지보수 프로그램 계약의 일부입니다.
새로운 주문으로 총 자금 지원 가치는 5,080만 달러로 증가했으며, 납품은 2028년까지 이어질 예정입니다. 이 개조 작업은 60년 이상 미국 공군의 주력 초음속 훈련기였던 약 500대의 Northrop T-38 Talon 항공기의 운용 수명을 2030년 이후까지 연장할 것입니다.
CPI Aerostructures (NYSE American : CVU) a obtenu plusieurs commandes d'achat d'une valeur totale de 2,5 millions de dollars de la part de l'US Air Force pour des kits de modification d'avions T-38. Ces commandes font partie d'un contrat précédemment annoncé, d'une valeur pouvant atteindre 65,7 millions de dollars, pour le programme d'intégration du kit de modification structurelle de fuselage T-38C Pacer Classic III et le programme d'inspection, réparation et maintenance Talon.
Ces nouvelles commandes portent la valeur totale financée à 50,8 millions de dollars, avec des livraisons prévues jusqu'en 2028. Ces modifications permettront de prolonger la durée de service de près de 500 avions Northrop T-38 Talon, qui servent depuis plus de 60 ans de principal appareil d'entraînement supersonique pour l'US Air Force, au-delà de 2030.
CPI Aerostructures (NYSE American: CVU) hat mehrere Bestellungen im Wert von 2,5 Millionen US-Dollar von der US-Luftwaffe für Modifikationskits für T-38-Flugzeuge erhalten. Diese Aufträge sind Teil eines zuvor angekündigten Vertrags mit einem Wert von bis zu 65,7 Millionen US-Dollar für das Programm zur Integration des T-38C Pacer Classic III Rumpf-Struktur-Modifikationskits und das Talon-Reparatur-, Inspektions- und Wartungsprogramm.
Die neuen Aufträge erhöhen den insgesamt finanzierten Wert auf 50,8 Millionen US-Dollar, mit Lieferungen bis ins Jahr 2028. Die Modifikationen werden die Lebensdauer von fast 500 Northrop T-38 Talon Flugzeugen, die seit über 60 Jahren das Hauptüberschalltrainingsflugzeug der US-Luftwaffe sind, über das Jahr 2030 hinaus verlängern.
- New purchase orders worth $2.5 million increase total funded contract value to $50.8 million
- Contract provides steady revenue stream with deliveries extending into 2028
- Program extends service life of T-38 aircraft beyond 2030, ensuring long-term business opportunity
- Contract value of $2.5 million is relatively small compared to the total potential contract value of $65.7 million
- Remaining unfunded portion of $14.9 million subject to future funding uncertainty
Insights
CPI Aero secures $2.5M in new orders, bringing T-38 aircraft modification contract funding to $50.8M of $65.7M total potential value.
The $2.5 million in new purchase orders CPI Aerostructures received represents incremental business under an existing U.S. Air Force contract with a ceiling value of $65.7 million. These orders bring the total funded value to $50.8 million - approximately
What's particularly noteworthy is the extension of the performance period into 2028, indicating long-term revenue visibility for this small-cap aerospace manufacturer. The T-38 Talon fleet, despite being over 60 years old, remains a critical training platform for the U.S. Air Force with nearly 500 aircraft still in service. The modification kits CPI provides are extending these aircraft's operational life beyond 2030, which speaks to the program's strategic importance.
The contract's stability is significant for CPI Aero's financial health, providing predictable revenue streams in the defense sector. The company's positioning as a small business contractor to the Air Force in the kitting and supply chain management segment demonstrates its competitive advantage in a specialized niche. Given that military aircraft sustainment programs typically involve multi-decade commitments, this contract represents stable, long-term business with minimal competitive disruption risk once established as the incumbent supplier.
Increases Funded Orders under Previously Awarded Multi-year Contract to
EDGEWOOD, N.Y., Aug. 04, 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.
“Kitting and Supply Chain Management is a key segment of CPI’s portfolio and we are proud to be a small business supplying these critical aircraft modification kits to the U.S. Air Force,” 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 Aero 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. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in this press release are forward-looking statements.
Forward-looking statements involve risks and uncertainties, and actual results may differ materially from those expressed or implied by 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, and its subsequent filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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 is the value of CPI Aero's new purchase orders from the U.S. Air Force for T-38 aircraft modification kits?
What is the total funded value of CPI Aero's T-38 modification contract?
How long will CPI Aero's T-38 modification kit deliveries continue?
How many T-38 Talon aircraft are currently in service with the U.S. Air Force and NASA?
What is the purpose of CPI Aero's T-38C Pacer Classic III and TRIM programs?
