Defense News ~ EDGEWOOD, N.Y.--January 27, 2010, (BUSINESS WIRE)--CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE AMEX: CVU) today announced that the U.S. Air Force has released a new order under CPI Aero’s C-5 TOP contract for a variety of spoilers valued at approximately $1.6 million. Orders under this program, including this $1.6 million order, have totaled $32.4 million since the inception of the contract.About CPI Aero
CPI Aero is engaged in the contract production of structural aircraft parts for leading prime defense contractors, the U.S. Air Force and other branches of the armed forces. In conjunction with its assembly operations, CPI Aero provides engineering, technical and program management services. Among the key programs that CPI Aero supplies are the A-10 Thunderbolt attack jet, the UH-60 BLACK HAWK helicopter, the Sikorsky S-92 helicopter, the MH-60S mine countermeasure helicopter, the Gulfstream G650, C-5A Galaxy cargo jet, the T-38 Talon jet trainer, and the E-3 Sentry AWACS jet. CPI Aero is included in the Russell Microcap® Index.
The above statements include forward looking statements that involve risks and uncertainties, which are described from time to time in CPI Aero’s SEC reports, including CPI Aero’s Form 10-K for the year ended December 31, 2008, and Form 10-Q for the quarters ended March 31, 2009, June 30, 2009 and September 30, 2009.
CPI Aero® is a registered trademark of CPI Aerostructures, Inc.
CPI Aero® is a registered trademark of CPI Aerostructures, Inc.
Contact:
CPI Aero
CPI Aero
Vincent Palazzolo, 631-586-5200
Chief Financial Officer
or
Investor Relations Counsel
The Equity Group Inc.
Lena Cati, 212-836-9611
Linda Latman, 212-836-9609
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