2023-11-08 10:14:20 ET
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CPI Aerostructures ( NYSE: CVU ) said Wednesday it was awarded multiple purchase orders totaling $9.6 million under a previously announced contract from the U. S. Air Force valued at up to $65.7 million.
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Under the contract, the company will provide structural modification kits, program management, logistics, and other sustainment services in support of Phase 3 of the T-38C PCIII program and the TRIM program.
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The new purchase orders bring the total funded value of the contract to $48.3 million and extends the currently funded period of performance into 2028.
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CPI Aerostructures gets $9.6M purchase order for aircraft modification kits