CPI Aerostructures Awarded Lot 5 Production Contract of Next Generation Jammer Mid-Band Program by Raytheon Technologies
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) ha ricevuto un ordine di produzione Lot 5 da Raytheon per Pod e Air Management System (AMS) per il programma Next Generation Jammer Mid-Band (NGJ-MB).
L’assegnazione prevede un finanziamento iniziale di 21,1 milioni di dollari con un valore massimo di 42,3 milioni di dollari, e supporta consegne a partire dal 2027. CPI Aero ha dichiarato che l’assegnazione riflette le precedenti prestazioni di consegna puntuale su NGJ-MB Pods e AMS e continua il suo ruolo di fornitore per Raytheon e per la Marina degli Stati Uniti.
CPI Aerostructures (NYSE: CVU) recibió una orden de producción de Lote 5 de Raytheon para Pods and Air Management System (AMS) para el programa Next Generation Jammer Mid-Band (NGJ-MB).
La adjudicación contempla un financiamiento inicial de 21,1 millones de dólares con un valor máximo de 42,3 millones de dólares, y admite entregas a partir de 2027. CPI Aero dijo que la adjudicación refleja el rendimiento histórico de entregas a tiempo en NGJ-MB Pods y AMS y continúa su papel como proveedor de Raytheon y de la Marina de los EE. UU.
CPI Aerostructures (NYSE: CVU)가 Raytheon으로부터 NGJ-MB 프로그램의 Pods and Air Management System (AMS)용 Lot 5 생산 주문을 받았습니다.
이번 수주는 초기 자금 2,110만 달러를 포함하며 최대 4,230만 달러의 가치가 있으며 2027년부터 납품이 시작됩니다. CPI Aero는 이 수상이 NGJ-MB Pod 및 AMS에 대한 과거 적시 납품 실적을 반영하고 Raytheon과 미 해군의 공급업체로서의 역할을 계속한다고 말했습니다.
CPI Aerostructures (NYSE: CVU) a reçu une commande de production Lot 5 de Raytheon pour Pods and Air Management System (AMS) dans le cadre du programme Next Generation Jammer Mid-Band (NGJ-MB).
La dotation comprend un financement initial de 21,1 millions de dollars avec une valeur maximale de 42,3 millions de dollars, et prévoit des livraisons à partir de 2027. CPI Aero a déclaré que l’attribution reflète les performances passées de livraison à l’heure des Pods et AMS NGJ-MB et poursuit son rôle de fournisseur de Raytheon et de la US Navy.
CPI Aerostructures (NYSE: CVU) erhielt von Raytheon einen Produktionsauftrag Lot 5 für Pods and Air Management System (AMS) im Rahmen des Programms Next Generation Jammer Mid-Band (NGJ-MB).
Der Zuschuss umfasst anfängliche Finanzierung von 21,1 Millionen US-Dollar mit einem Höchstwert von 42,3 Millionen US-Dollar und unterstützt Lieferungen ab 2027. CPI Aero erklärte, dass der Zuschlag die bisherigen pünktlichen Lieferleistungen für NGJ-MB Pods und AMS widerspiegelt und seine Rolle als Anbieter für Raytheon und die US Navy fortsetzt.
حصلت CPI Aerostructures (ش.م.م في بورصة نيويورك: CVU) على أمر إنتاج من Raytheon للـ Pods and Air Management System (AMS) لبرنامج Next Generation Jammer Mid-Band (NGJ-MB).
تتضمن المنح تمويلاً ابتدائياً قدره 21.1 مليون دولار وقيمة لا تتجاوز 42.3 مليون دولار، وتدعم عمليات التسليم ابتداءً من 2027. قالت CPI Aero إن المنحة تعكس الأداء السابق في التسليم في الوقت المحدد لـ NGJ-MB Pods و AMS وتواصل دورها كمورد لـ Raytheon ولسلاح البحرية الأمريكية.
- Contract NTE of $42.3 million
- Initial funding of $21.1 million
- Deliveries scheduled to begin in 2027
- Recognized for on-or-ahead-of-schedule delivery performance
- Initial funded amount ($21.1M) is 50% of NTE $42.3M
- Outcomes subject to forward-looking uncertainties and risks
Insights
CPI Aero received a follow-on production order for NGJ-MB pods and AMS worth up to
CPI Aerostructures will manufacture Pod structures and Air Management Systems for the Next Generation Jammer Mid-Band program as a supplier to Raytheon. The contract carries an initial award of
The primary dependencies are on sustained funding from the prime and timely program schedules; delays or funding reductions would directly affect delivered revenue and timing. Watch for contract modifications, delivery milestones in
- Production Order for Pods and Air Management System valued at up to
EDGEWOOD, N.Y., Nov. 20, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that Raytheon, an RTX business, authorized CPI Aero to begin manufacturing of Pods and Air Management System (AMS) for the follow-on Lot 5 Production phase of the Next Generation Jammer Mid-Band (NGJ-MB) program. Initial funding is set at
In December of 2024, the U.S. Navy declared initial operational capability (IOC) for the NGJ-MB Program. The NGJ-MB system, developed by Raytheon, is part of a larger NGJ system that will augment and ultimately replace the legacy ALQ-99 Tactical Jamming System currently used on the EA-18G Growler aircraft. NGJ-MB uses the latest digital, software-based and electronically scanned array technologies and provides enhanced capabilities to disrupt, deny, and degrade enemy air defense and ground communication systems. There are two NGJ-MB Pods per EA-18G Growler. CPI Aero is delivering the Pod structure and associated Air Management Systems.
“CPI is proud to be a key supplier to Raytheon across several Strategic Business Units and Product Lines. This award is in recognition of CPI Aero’s performance delivering Next Generation Jammer-Mid Band Pods and AMS on or ahead of schedule. The U.S. Navy and Raytheon communicated how critical the need is for this capability and we are proud to be meeting our commitment to Raytheon, the U.S. Navy, and the Warfighter,” 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. CPI Aero’s international customer base enjoys a unique combination of large-company capabilities, matched with small-company value, responsiveness, and personal customer service.
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. Forward-looking statements include, among others, statements regarding the Company’s beliefs about its customer relationships, statements regarding future performance under customer contracts and anticipated schedules and delivery timing. 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 Aerostructures announce on November 20, 2025 about CVU?
How much initial funding did the CVU Lot 5 NGJ-MB contract receive?
When will CPI Aerostructures deliver NGJ-MB Pods under the CVU Lot 5 contract?
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Does the CVU award guarantee future payments to CPI Aerostructures?
