CVU News and Press, CPI Aerostructures Inc. From 03/03/22

EDGEWOOD, N.Y., March 03, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that Collins Aerospace, a unit of Raytheon Technologies Corp. (NYSE: RTX), has awarded CPI Aero a purchase order to manufacture the Tactical Synthetic ...

CPI Aerostructures (NYSE:CVU) stock climbed 8% premarket after the firm said it was awarded a long-term, indefinite delivery indefinite quantity contract from Raytheon Intelligence & Space (RI&S) worth up to a potential $20M to provide rack assemblies for RI&S’ B-52 AESA ra...

EDGEWOOD, N.Y., Feb. 16, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero ® ) (NYSE American: CVU) today announced that it has been awarded a long-term, indefinite delivery indefinite quantity contract from Raytheon Intelligence & Space (“RI&S ...

CPI Aerostructures (NYSE:CVU) has received a purchase order for welded structural assemblies from a current customer valued at ~$1.9M. The welded assemblies are used on a U.S. military helicopter. The entire order is expected to be delivered in 2022. For further details see: CPI Aerostr...

EDGEWOOD, N.Y., Feb. 03, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced that it has received a purchase order for welded structural assemblies from a current customer valued at approximately $1.9 million. The welded assembli...

EDGEWOOD, N.Y., Jan. 12, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) announced today that President and Chief Executive Officer Douglas McCrosson has been appointed to the Aerospace Industries Association’s (AIA) Board of Gov...

Gainers: PyroGenesis Canada (NASDAQ:PYR) +69%, Alpha Pro Tech (NYSE:APT) +16%, CPI Aerostructures (NYSE:CVU) +14%, Nxt-ID (NASDAQ:NXTD) +11%, Sino-Global Shipping America (NASDAQ:SINO) +10%. Losers: Lilium (NASDAQ:LILMW) -13%, Guardforce AI (N...

CPI Aerostructures (NYSE:CVU): FQ1 GAAP EPS of $0.10. Revenue of $30.82M (+82.8% Y/Y) Press Release “We are affirming our previously stated expectation for 2021 revenue greater than $100 million compared to $87.6 million in 2020 and net income of greater than $4 million, not including ...

First Quarter 2021 vs. First Quarter 2020 (Re-stated) Revenue of $30.8 million compared to $16.9 million. Gross profit of $4.9 million compared to $0.2 million. Gross margin of 16.0% compared to 0.9%. Net income of $1.2 million compared to net loss of $(3.4) mill...

EDGEWOOD, N.Y., Dec. 23, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero”) (NYSE American: CVU) announced today that it will issue its financial results for its fiscal first quarter ended March 31, 2021 before the market opens on Monday, December 27, 2021. ...