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Second Quarter 2026 vs. Second Quarter 2025 ● Revenue of $17.6 million compared to $15.2 million; ● Gross profit of $3.9 million compared to $0.7 million; ● Gross margin of 22.0% compared to 4.4% (17.1% excluding A-10 Program impact); ● Net income of $0.7 million compared to net (loss) of $(1.3) million; ● Earnings per share of $0.05 compared to (loss) per share of $(0.10); ● Adjusted EBITDA(1) of $1.4 million compared to $(1.7) million ($0.6 million excluding A-10 Program impact).
EDGEWOOD, N.Y., July 27, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU), a leading manufacturer of structural assemblies in both the commercial and military defense aerospace markets, announced today that it received a fully definitized contract from L3Harris Technologies (NYSE: LHX) totaling $13.6 million to deliver airborne pod structures. The previously announced undefinitized contract action (UCA) had a not-to-exceed of $12.1 million. This contract supports L3Harris' delivery of operational prototype pods to the U.S. Naval Air Systems Command for fleet assessment and additional test assets for airworthiness and design verification. The NGJ-LB pods will fly on the EA-18G Growler and are integral to the Navy's plan to replace the aging AN/ALQ-99 Tactical Jamming System. CPI recently delivered the first Test Article to L3Harris and has been providing Design for Manufacturing and Assembly (DFMA) engineering support since the program commenced in late 2024.
- Increases Funded Orders to $69 million under Previously Awarded Multi-Year Contract – - Increases Funded Orders to $69 million under Previously Awarded Multi-Year Contract –
- Production of the Phenom 100EX inlets will supplement the current Phenom 300E inlet program – EDGEWOOD, N.Y., June 04, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that Embraer (NYSE: EMBJ/ B3: EMBJ3), has awarded a life-of-program supply agreement to CPI Aero to manufacture engine inlet assemblies for the Embraer Phenom 100EX business jets.
SIFCO and CPI Aero take different paths through aerospace demand, defense backlog and execution, but which setup looks more compelling right now? Let's dive in.
EDGEWOOD, N.Y., May 26, 2026 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced that its wholly owned subsidiary, Welding Metallurgy, Inc. (WMI) has reached an Agreement with Northrop Grumman Corporation (NYSE:NOC) and has been awarded follow-on orders for welded structure assemblies for the E-2D Advanced Hawkeye (E-2D) aircraft. Under the terms of these new orders, WMI will manufacture more than 20 different complex welded assemblies in support of the production of E-2D aircraft with deliveries through 2028.
First Quarter 2026 vs. First Quarter 2025 Revenue of $17.4 million compared to $15.4 million; Gross profit of $4.5 million compared to $1.6 million; Gross profit margin of 25.8% compared to 10.7% (21.6% excluding A-10 Program impact); Net income of $1.2 million compared to net (loss) of $(1.3) million; Earnings per share of $0.10 compared to (loss) per share of $(0.10); Adjusted EBITDA( 1) of $2.1 million compared to $(0.8) million ($1.4 million excluding A-10 Program impact); EDGEWOOD, N.Y.
CPI Aerostructures, Inc. (NYSE: CVU - Get Free Report) shares rose 0.6% during trading on Thursday. The stock traded as high as $3.52 and last traded at $3.49. Approximately 65,680 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 128,197 shares. The stock had previously closed at $3.47.