About the Company
CPI Aerostructures Inc., known as CPI Aero, is a contract aircraft component manufacturer based in Edgewood, New York. CPI's primary customers are the US Department of Defense, and also operating as a subcontractor under Boeing and Northrop Grumman. CPI is traded on NYSE American as CVU. The company has approximately 280 employees and hires temporary employees as needed. The CEO is Douglas J. McCrosson. After Vincent Palazzolo resigned in November 2019 in a cloud of financial problems, Dan Azmon (formerly L3 Technologies) was announced as CFO on November 19, 2019. Azmon resigned in February 2020 and the company announced it would restate its books going back to March 2018. In 2018, CPI Aero reported $83.9 million in gross revenue, $18.1 million in gross profit, and net income of $2.2 million. Approximately half that was in government subcontracts, another 40% in commercial contracts, and the remainder under prime government contracts. Large 2019-2020 contracts include an Air Force contract for T-38C trainer parts, E-2 Hawkeye for Northrop Grumman assemblies, A-10 re-winging for Boeing, parts for Turkish Aerospace Industries's indigenously produced T70 rotorcraft, Hover Infrared Suppression System (HIRSS) for the Sikorsky UH-60 Black Hawk, and structural assemblies for Lockheed's F-16V.
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CVU CPI Aerostructures, Inc.
CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. The company offers ...
CPI Aerostructures Reports Fourth Quarter and Full Year 2023 Results
EDGEWOOD, N.Y., April 05, 2024 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) today announced financial results for the three and twelve ...
CPI Aerostructures, Inc. (CVU) stock forecast and price target
Find the latest CPI Aerostructures, Inc. CVU analyst stock forecast, price target, and recommendation trends with in-depth analysis from research reports.
CPI Aerostructures, Inc. (CVU)
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CPI Aerostructures, Inc.: CPI Aerostructures Reports Fourth Quarter and Full Year 2023 Results
EDGEWOOD, N.Y., April 05, 2024 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero" or the "Company") (NYSE American: CVU) today announced financial results for the three and twelve month ...
CPI Aerostructures Inc CVU
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
CPI Aerostructures Inc CVU
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
CPI Aerostructures Inc.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
CPI Aerostructures Inc
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