CPI Aero Secures $15M Airborne Pod Contract, Driving Total Funded Value to $43.5M for Airborne Pods from an Undisclosed Customer
Rhea-AI Summary
CPI Aero (NYSE American: CVU) announced a fully definitized $15 million contract for Airborne Pods from an undisclosed customer. This award raises the customer’s total pod orders to 90 and increases the program’s total funded value to $43.5 million, with deliveries extending through 2028.
The scope of work covers tooling design, procurement of complex machined parts and components, full pod assembly and integration, and testing. According to CPI Aero, this program supports the Aerosystems Segment’s airborne pod portfolio and contributes to a total backlog of $495 million, including over $95 million funded.
Positive
- $15 million new airborne pod contract from an undisclosed customer
- Total funded value of this airborne pod program now $43.5 million
- Customer’s total airborne pod orders reach 90 units
- Deliveries under the new award extend program activity through 2028
- Company reports funded backlog over $95 million and total backlog of $495 million
Negative
- None.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 27 | Contract award | Positive | +1.5% | L3Harris awarded CPI Aero a $13.6 million airborne pod structures contract. |
| Jul 07 | Defense orders | Positive | +1.9% | U.S. Air Force orders increased the T-38 modification program's funded value. |
| Jun 04 | Supply agreement | Positive | -0.6% | Embraer selected CPI Aero for life-of-program Phenom 100EX inlet production. |
| May 26 | Follow-on contract | Positive | +13.6% | Northrop Grumman placed follow-on orders for E-2D welded assemblies. |
| May 18 | Earnings report | Positive | +15.1% | First-quarter results showed revenue growth, profitability, and higher adjusted EBITDA. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
CPI Aero's recent positive news events generally aligned with gains, although one supply-agreement announcement diverged with a negative reaction.
Key Terms
sow technical
fixturing technical
mro technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
EDGEWOOD, N.Y., Aug. 10, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that it has been awarded a fully definitized contract for
“This award is a strategic accelerator for CPI Aero and reinforces airborne pods as a core growth engine for our Aerosystems Segment. It reflects our customer’s sustained confidence in our ability to deliver complex, mission‑critical systems with precision and reliability. This program strengthens our long‑term backlog and positions CPI Aero for continued expansion across future airborne pod platforms. Our team is proud to deliver mission‑critical solutions that support long‑term capability and readiness,” stated Dorith Hakim, President and CEO of CPI Aero.
About CPI Aero
CPI Aero is a prime contractor to the U.S. Department of Defense as well as a Tier 1 subcontractor to some of the largest aerospace and defense contractors in the world. CPI Aero provides engineering, program management, supply chain management, assembly operations and MRO services to this global network of customers. CPI Aero is recognized as a leader within the international aerospace market in such areas as aircraft structural assemblies, military advanced tactical pod structures, engine air inlets, and complex welded products.
Our OEM customers in the defense sector include (i) Lockheed Martin Corporation and Sikorsky Aircraft, for the F-16 Fighting Falcon, the UH-60 BLACK HAWK©, the MH-60 Seahawk, the CH-53E and the CH-53K King Stallion; (ii) RTX Corporation, formerly Raytheon, for the ALQ-249 Next Generation Jammer Mid-Band Pod for the EA-18G Growlers, the Advanced Tactical Pods, the MS-110 & TacSAR Reconnaissance Airborne Pods, Hypersonic Missile Wings, and B-52 Radar Modernization; (iii) L3Harris for the Next Generation Jammer Low-Band Pod for the EA-18G Growlers; (iv) Collins Aerospace, for RF Enclosures; (v) Northrop Grumman Corporation, for the E-2D Advanced Hawkeye, the Airborne Laser Mine Detection Pod, welded tubes, aerial refueling probes, and welded fluid tanks; and (vi) the DOD/USAF and the Defense Logistics Agency for the T-38 Pacer Classic and T-38 Talon. Our OEM customers in the civil aviation market include Embraer S.A. for the Phenom 300 and Phenom 100.
Our funded backlog of remaining performance obligations exceeds
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 in this press release are forward-looking statements including statements regarding the Company’s backlog, future performance, and other future events or expectations. 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, among others, the important factors set forth under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 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 X @CPIAERO.
Contacts:
| Investor Relations Counsel | CPI Aerostructures, Inc. |
| Alliance Advisors IR | Robert Mannix |
| Jody Burfening | Chief Financial Officer |
| (212) 838-3777 | (631) 586-5200 |
| cpiaero@allianceadvisors.com | rmannix@cpiaero.com |
| www.cpiaero.com |
