- CVD Equipment ( NASDAQ: CVV ) said Thursday it received an order for a production chemical vapor infiltration system valued at ~$3.7M.
- The system will be used to manufacture ceramic composite materials for aerospace gas turbine engines.
- While gas turbine engine production was hit by the COVID-19 pandemic, CVD Equipment ( CVV ) said the aerospace industry is showing signs of recovery.
- But it does not expect a recovery to pre-pandemic levels till later next year.
For further details see:
CVD Equipment gets $3.7M aerospace order for chemical vapor infiltration system