- CPI Aerostructures has had a tough 2020 with the effects of COVID hitting aerospace in general, along with a restatement of its financials back to 2018.
- The company has a more robust profile than most aerospace companies with its exposure to the military market providing a record large backlog of work funded into 2022 and beyond.
- After digesting an acquisition from 2018 as well, the company seems poised to see an improved profitability picture going into 2021 as it catches up on its disclosures.
For further details see:
With Its Problems Addressed, CPI Aerostructures May Be A Good Contrarian Aerospace Play