Every 8-K that CPI Aerostructures, Inc. (CVU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CVU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CVU filings page.
CPI Aerostructures, Inc. (CVU) reported the results of its September 16, 2026 annual meeting of shareholders, where three proposals were considered. Shareholders elected Class I directors Richard Caswell and Terry Stinson to three-year terms, approved on an advisory basis the compensation of the Named Executive Officers, and ratified CBIZ CPAs P.C. as independent registered public accounting firm for the fiscal year ending December 31, 2026.
CPI Aerostructures reported much stronger results for the quarter and six months ended June 30, 2026. For the second quarter, revenue was $17.6 million versus $15.2 million a year earlier, while gross profit rose to $3.9 million from $0.7 million and gross margin expanded to 22.0% from 4.4%.
Second-quarter bottom line improved from a net loss of $(1.3) million to net income of $0.7 million, with earnings per share moving from $(0.10) to $0.05. For the first six months, revenue increased to $34.9 million from $30.6 million and net income improved from a $(2.6) million loss to $1.9 million. Adjusted EBITDA for the first half was $3.5 million, compared with $(2.5) million, even after normalizing for the prior-year A-10 program impact.
Management cited a more favorable product mix, stronger operational execution, and cost discipline as key drivers. CPI Aerostructures highlighted a $533 million total backlog, including more than $100 million of funded remaining performance obligations and $433 million of unfunded backlog, plus $62 million in 2026 contract awards for new-generation products.
CPI Aerostructures, Inc. increased executive base salaries following action by its Compensation and Human Resources Committee. The annual base salary of CEO and President Dorith Hakim was raised from $405,000 to $425,000, effective as of May 1, 2026. The annual base salary of CFO and Secretary Robert Mannix was increased from $300,000 to $325,000, effective as of July 1, 2026. These changes reflect updated compensation levels for the company’s two most senior executives.
CPI Aerostructures, Inc. reported a sharp turnaround in first-quarter 2026 results. Revenue rose to $17.4 million from $15.4 million a year earlier, helped by a more favorable product mix and operational efficiencies.
Gross profit increased to $4.5 million from $1.6 million, and income from operations improved to $1.8 million from a loss of $1.2 million. The company moved from a net loss of $1.3 million to net income of $1.2 million, or $0.10 basic earnings per share versus a loss of $0.10 per share.
CPI Aero reported Adjusted EBITDA of $2.1 million, compared with a loss of $0.8 million, and noted 53% growth over the prior-year period when excluding a prior A-10 program adjustment. Management highlighted a contract-backed backlog of $495 million and ongoing preparation for new missile-related production.
CPI Aerostructures, Inc. reported weaker results for 2025 as it absorbed the impact of the A-10 Program termination. Full-year revenue fell to $69.3 million from $81.1 million, and the company swung from net income of $3.3 million in 2024 to a net loss of $0.8 million in 2025.
Adjusted EBITDA dropped to $1.1 million from $7.8 million, or $5.5 million excluding a prior A-10 adjustment. Management highlighted significant new aerospace and defense contract wins and a year-end backlog of $505 million. CPI Aero also refinanced its debt with Western Alliance Bank, extending maturity to December 2030 while lowering interest and improving terms, which it believes enhances financial flexibility.
CPI Aerostructures, Inc. entered into a new Loan and Security Agreement with Western Alliance Bank providing a $10,000,000 revolving credit line and a $10,000,000 term loan. Both facilities bear interest at a variable rate based on 1‑month Term SOFR plus a margin and mature on December 12, 2030, with the term loan repaid in quarterly installments starting April 5, 2026. The company, together with subsidiaries Welding Metallurgy, Inc. and Compac Development Corporation, granted the bank a first‑priority security interest in substantially all personal property assets and agreed to financial covenants, including a minimum fixed charge coverage ratio of 1.25x and a maximum funded leverage ratio starting at 3.75x. About $6,220,722.34 from the new facilities, including the full term loan, was used to repay in full the prior BankUnited credit agreement, which was terminated without prepayment penalties; remaining availability is intended for working capital and general corporate purposes.
CPI Aerostructures, Inc. appointed Robert Mannix as Chief Financial Officer and Secretary, including the same roles at its wholly owned subsidiaries Welding Metallurgy, Inc. and Compac Development Corporation. Mannix, 58, brings more than 30 years of accounting and financial leadership experience from public and private companies, most recently as Executive Vice President and Chief Accounting Officer and Head of Tax and Treasury at West Technology Group, LLC.
He will receive an annual base salary of $300,000, with beginning in fiscal 2026 eligibility for an annual cash bonus targeted at 40% of base salary and long-term equity incentives also targeted at 40% of base salary, split between time-based and performance-based restricted stock. A severance and change in control agreement provides salary continuation for up to 52 weeks if terminated without cause, and, if termination occurs within 18 months after a change in control under specified conditions, payments including 1.5 times prior-year base salary, bonus components, accelerated vesting of stock options and restricted stock, six months of continued benefits, and a six-month non-competition period.
CPI Aerostructures, Inc. (CVU) filed an 8-K stating it furnished a press release announcing financial results for the quarter ended June 30, 2025. The press release is included as Exhibit 99.1 and was issued on November 13, 2025. The disclosure was furnished under Item 2.02 and, as stated, is not deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference unless expressly noted.
CPI Aerostructures (CVU) filed an 8-K noting it issued a press release in response to unusual trading activity in its common stock. The release was requested by the NYSE American and made in accordance with Section 401(d) of the NYSE American Company Guide.
The press release, dated October 30, 2025, is furnished as Exhibit 99.1.
CPI Aerostructures, Inc. filed a current report to note that it issued a press release with its financial results for the quarter ended June 30, 2025. The release, dated August 19, 2025, is included as Exhibit 99.1 and is treated as information furnished rather than filed under securities law. The report is signed on behalf of the company by Interim Chief Financial Officer Pamela Levesque.
CPI Aerostructures (NYSE:CVU) filed an 8-K after shareholders approved the 2025 Long-Term Incentive Plan at the 24-Jun-2025 annual meeting.
The plan authorizes up to 800,000 new common shares for equity awards—including options, SARs, RSUs and performance shares—administered by the Compensation & HR Committee. Key safeguards include a minimum 1-year vesting (5% carve-out), no option repricing without shareholder consent, annual individual limits (125,000 shares) and a $225k total pay cap for non-employee directors. All awards fall under the company’s clawback policy and future SEC/NYSE rules.
- Plan sunsets for ISOs after 26-Mar-2035 and is amendable only with required shareholder approval.
- Say-on-pay passed 5.82M FOR vs 1.71M AGAINST; LTIP adoption passed 5.42M FOR vs 2.14M AGAINST.
- Director slate re-elected; auditor CBIZ CPAs P.C. ratified (10.61M FOR).
No other material items disclosed.