Cpi Aerostruct Stock Price, News & Analysis

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.

CPI Aerostructures (NYSE American: CVU) reported challenging Q2 2025 financial results, primarily impacted by the termination of the A-10 Program by Boeing. Revenue declined to $15.2 million from $20.8 million year-over-year, with a net loss of $(1.3) million compared to net income of $1.4 million in Q2 2024.

The company took a $2.3 million write-off on the A-10 Program in Q2, with a total six-month impact of $4.5 million. Excluding the A-10 Program impact, gross margin was 17.1% compared to 24.6% in Q2 2024. Notable achievements include reducing total debt to an all-time low of $16.2 million and maintaining a strong backlog of $506 million, supported by new program awards from Raytheon, Sikorsky, Lockheed, US Air Force, and Embraer.

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) has secured follow-on orders worth $2.4 million for welding complex structural assemblies used in U.S. military helicopters. The deliveries are scheduled through mid-2026.

The company, which is NADCAP certified for numerous OEM welding specifications, serves as either a Tier 1 supplier to aircraft OEMs or a Tier 2 subcontractor to major Tier 1 manufacturers. CPI Aero specializes in manufacturing structural assemblies for fixed wing aircraft, helicopters, and airborne Intelligence Surveillance and Reconnaissance pod systems in both commercial aerospace and national security markets.

CPI Aerostructures (NYSE American: CVU) has appointed Paula Castellano as Senior Vice President, Operations. Ms. Castellano, 59, brings extensive experience in operations leadership, having previously served as Site Director at GKN Aerospace's Amityville NY location, where she was responsible for operational performance and continuous improvement.

Prior to GKN Aerospace, Castellano held various leadership positions at Air Industries Machining Group, including General Manager and Director of Contracts and Planning. According to Dorith Hakim, President and CEO, this appointment reinforces CPI Aero's commitment to building an experienced aerospace leadership team.

CPI Aero operates as a U.S. manufacturer of structural assemblies for fixed wing aircraft, helicopters, and airborne Intelligence Surveillance and Reconnaissance pod systems, serving both commercial aerospace and national security markets. The company functions as either a Tier 1 supplier to aircraft OEMs or a Tier 2 subcontractor to major Tier 1 manufacturers, while also serving as a prime contractor to the U.S. Department of Defense.

CPI Aerostructures (NYSE American: CVU) has signed a new Long-Term Agreement (LTA) with MST Manufacturing for component supply through 2028, announced at the Paris Air Show. This marks the second LTA between the companies, highlighting MST's role as a critical supplier for CPI Aero's aerostructures production. CPI Aero operates as a Tier 1 supplier to aircraft OEMs or Tier 2 subcontractor to major manufacturers, specializing in structural assemblies for fixed wing aircraft, helicopters, and ISR pod systems. MST Manufacturing, based in Claremore, Oklahoma, operates a 75,000 sq ft facility with over 110 team members, offering CNC machining and fabrication services with AS9100, ISO9001, and ITAR certifications.

CPI Aerostructures (NYSE American: CVU) reported challenging Q1 2025 financial results, with revenue declining to $15.4 million from $19.1 million in Q1 2024. The company posted a net loss of $(1.3) million, compared to a net income of $0.2 million in the prior year. The results were significantly impacted by a $2.1 million pre-tax loss on the A-10 Program due to higher manufacturing costs on a 2019 fixed-price contract. Excluding the A-10 Program impact, gross profit margin improved to 21.6% from 18.6% year-over-year. The company reduced its total debt to a record low of $16.7 million and maintained a Debt-to-Adjusted EBITDA ratio below 3.0 for the ninth consecutive quarter. CPI Aero ended Q1 with a strong backlog of $516 million, including new program awards from major aerospace companies.

CPI Aerostructures (NYSE American: CVU) has completed and delivered an Airborne Laser Mine Detection System (ALMDS) pod structure to Northrop Grumman, supporting a contract with Korea Aerospace Industries (KAI). This delivery is part of the Engineering, Manufacturing, and Design (EMD) phase of the Republic of Korea's Mine Countermeasures Helicopter program, set to complete in 2027.

The ALMDS technology rapidly detects, classifies, and localizes floating and near-surface moored mines, capable of untethered day/night operations. A potential follow-on order for Low-Rate Production of eight pods, worth approximately $3 million, may follow. CPI Aero has previously delivered 28 ALMDS Pod structures to Northrop Grumman - 24 for the U.S. Navy and 4 for the Japanese Maritime Self Defense Force since 2007.