Welcome to our dedicated page for CPI Aerostructures news (Ticker: CVU), a resource for investors and traders seeking the latest updates and insights on CPI Aerostructures stock.
CPI Aerostructures, Inc. manufactures structural aircraft assemblies and related aerospace systems for defense and commercial programs. The company operates as a prime contractor to the U.S. Department of Defense and as a Tier 1 subcontractor to aerospace and defense OEMs, providing engineering, program management, supply chain management, assembly operations and MRO services.
Recurring developments include funded orders and follow-on awards for military aircraft structures, airborne pod structures, engine inlet assemblies, RF/EMI shielded enclosures and repair-and-overhaul work. Company updates also address quarterly and annual results, backlog execution, customer programs with contractors such as Lockheed Martin/Sikorsky, RTX/Collins Aerospace, Raytheon, Northrop Grumman and Embraer, and governance or finance leadership changes.
CPI Aerostructures (NYSE American: CVU) received $6 million in funded follow-on orders from Raytheon for Airborne Pods, issued March 3, 2026. The Statement of Work covers design, tooling, procurement of complex monolithic parts, full assembly, integration and required testing.
The orders carry a not-to-exceed ceiling of $12 million and expand CPI Aero's Aerosystems pod programs, reinforcing its position as a prime DoD contractor and Tier 1 subcontractor.
CPI Aerostructures (NYSE American: CVU) received additional orders totaling $4.2 million from Embraer to manufacture engine inlet assemblies for Phenom 300 business jets. Deliveries will continue through mid-2026, with anticipated continued funding under a Life of Program Agreement.
As of December 2025, CPI Aero has delivered over 940 shipsets for the Phenom 300; Embraer delivered 72 units in 2025, supporting production upside into 2026.
CPI Aerostructures (NYSE American: CVU) received additional orders from Lockheed Martin totaling $9 million to supply Rudder Island Drag Chute Canister (RI/DCC) assemblies for F-16 Block 70/72 fighters.
Deliveries from these orders will continue through 2028 under an existing IDIQ long‑term agreement, adding funded quantities to prior multi‑year contracts first delivered in 2021 and expanded in 2023.
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.