{"id":992677,"date":"2026-08-10T08:17:19","date_gmt":"2026-08-10T12:17:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer\/"},"modified":"2026-08-10T08:17:19","modified_gmt":"2026-08-10T12:17:19","slug":"cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer\/","title":{"rendered":"CPI Aero Secures $15M Airborne Pod Contract, Driving Total Funded Value to $43.5M for Airborne Pods from an Undisclosed Customer"},"content":{"rendered":"
\n

EDGEWOOD, N.Y., Aug. 10, 2026 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (\u201cCPI Aero\u00ae\u201d or the \u201cCompany\u201d) (NYSE American: CVU) announced that it has been awarded a fully definitized contract for $15 million for Airborne Pods from an undisclosed customer. This award increases the total number of pods ordered by this customer to 90 and brings the total funded value of the program to $43.5 million. This program adds to the growing list of Airborne Pod Programs in CPI\u2019s Aerosystems Segment. The SOW includes the design and development of assembly tools and fixturing, procurement of complex monolithic machine parts and other detailed components, assembly and integration of the complete pod structure, and required testing. Deliveries extend through 2028.<\/p>\n

\u201cThis award is a strategic accelerator for CPI Aero and reinforces airborne pods as a core growth engine for our Aerosystems Segment. It reflects our customer\u2019s sustained confidence in our ability to deliver complex, mission\u2011critical systems with precision and reliability. This program strengthens our long\u2011term backlog and positions CPI Aero for continued expansion across future airborne pod platforms. Our team is proud to deliver mission\u2011critical solutions that support long\u2011term capability and readiness,\u201d stated Dorith Hakim, President and CEO of CPI Aero.<\/p>\n

\n
\n About CPI Aero<\/u>
\n <\/strong>\n <\/p>\n

CPI Aero is a prime contractor to the U.S. Department of Defense as well as a Tier 1 subcontractor to some of the largest aerospace and defense contractors in the world. CPI Aero provides engineering, program management, supply chain management, assembly operations and MRO services to this global network of customers. CPI Aero is recognized as a leader within the international aerospace market in such areas as aircraft structural assemblies, military advanced tactical pod structures, engine air inlets, and complex welded products.<\/p>\n

Our OEM customers in the defense sector include (i) Lockheed Martin Corporation and Sikorsky Aircraft, for the F-16 Fighting Falcon, the UH-60 BLACK HAWK\u00a9, the MH-60 Seahawk, the CH-53E and the CH-53K King Stallion; (ii) RTX Corporation, formerly Raytheon, for the ALQ-249 Next Generation Jammer Mid-Band Pod for the EA-18G Growlers, the Advanced Tactical Pods, the MS-110 & TacSAR Reconnaissance Airborne Pods, Hypersonic Missile Wings, and B-52 Radar Modernization; (iii) L3Harris for the Next Generation Jammer Low-Band Pod for the EA-18G Growlers; (iv) Collins Aerospace, for RF Enclosures; (v) Northrop Grumman Corporation, for the E-2D Advanced Hawkeye, the Airborne Laser Mine Detection Pod, welded tubes, aerial refueling probes, and welded fluid tanks; and (vi) the DOD\/USAF and the Defense Logistics Agency for the T-38 Pacer Classic and T-38 Talon. Our OEM customers in the civil aviation market include Embraer S.A. for the Phenom 300 and Phenom 100.<\/p>\n

Our funded backlog of remaining performance obligations exceeds $95 million and the unfunded backlog of future orders for the expected duration of existing programs is $400 million. Our total backlog is $495 million.<\/p>\n

\n
\n
\n Forward-looking Statements<\/u>
\n <\/em>
\n <\/strong>\u00a0<\/p>\n

\n This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this press release are forward-looking statements including statements regarding the Company\u2019s backlog, future performance, and other future events or expectations. The Company does not guarantee that it will actually achieve the plans, intentions or expectations disclosed in its forward-looking statements and you should not place undue reliance on the Company\u2019s forward-looking statements.<\/em>\n <\/p>\n

\n Forward-looking statements involve risks and uncertainties, and actual results could vary materially from these forward-looking statements. There are a number of important factors that could cause the Company\u2019s actual results to differ materially from those indicated or implied by its forward-looking statements, including, among others, the important factors set forth under the caption \u201cRisk Factors\u201d in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the Securities and Exchange Commission. Although the Company may elect to do so at some point in the future, the Company does not assume any obligation to update any forward-looking statements and it disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.<\/em>\n <\/p>\n

CPI Aero\u00ae is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com, and follow us on X @CPIAERO.<\/p>\n

\n Contacts:<\/strong>\u00a0<\/p>\n\n\n\n\n\n\n\n
Investor Relations Counsel<\/td>\nCPI Aerostructures, Inc.<\/td>\n<\/tr>\n
Alliance Advisors IR<\/td>\nRobert Mannix<\/td>\n<\/tr>\n
Jody Burfening<\/td>\nChief Financial Officer<\/td>\n<\/tr>\n
(212) 838-3777<\/td>\n(631) 586-5200<\/td>\n<\/tr>\n
cpiaero@allianceadvisors.com<\/td>\nrmannix@cpiaero.com<\/td>\n<\/tr>\n
\u00a0<\/td>\nwww.cpiaero.com<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

EDGEWOOD, N.Y., Aug. 10, 2026 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (\u201cCPI Aero\u00ae\u201d or the \u201cCompany\u201d) (NYSE American: CVU) announced that it has been awarded a fully definitized contract for $15 million for Airborne Pods from an undisclosed customer. This award increases the total number of pods ordered by this customer to 90 and brings the total funded value of the program to $43.5 million. This program adds to the growing list of Airborne Pod Programs in CPI\u2019s Aerosystems Segment. The SOW includes the design and development of assembly tools and fixturing, procurement of complex monolithic machine parts and other detailed components, assembly and integration of the complete pod structure, and required testing. Deliveries extend through 2028. \u201cThis award is … <\/p>\n

Continue reading “CPI Aero Secures $15M Airborne Pod Contract, Driving Total Funded Value to $43.5M for Airborne Pods from an Undisclosed Customer”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-992677","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCPI Aero Secures $15M Airborne Pod Contract, Driving Total Funded Value to $43.5M for Airborne Pods from an Undisclosed Customer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CPI Aero Secures $15M Airborne Pod Contract, Driving Total Funded Value to $43.5M for Airborne Pods from an Undisclosed Customer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"EDGEWOOD, N.Y., Aug. 10, 2026 (GLOBE NEWSWIRE) — CPI Aerostructures, Inc. (\u201cCPI Aero\u00ae\u201d or the \u201cCompany\u201d) (NYSE American: CVU) announced that it has been awarded a fully definitized contract for $15 million for Airborne Pods from an undisclosed customer. This award increases the total number of pods ordered by this customer to 90 and brings the total funded value of the program to $43.5 million. This program adds to the growing list of Airborne Pod Programs in CPI\u2019s Aerosystems Segment. The SOW includes the design and development of assembly tools and fixturing, procurement of complex monolithic machine parts and other detailed components, assembly and integration of the complete pod structure, and required testing. 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(\u201cCPI Aero\u00ae\u201d or the \u201cCompany\u201d) (NYSE American: CVU) announced that it has been awarded a fully definitized contract for $15 million for Airborne Pods from an undisclosed customer. This award increases the total number of pods ordered by this customer to 90 and brings the total funded value of the program to $43.5 million. This program adds to the growing list of Airborne Pod Programs in CPI\u2019s Aerosystems Segment. The SOW includes the design and development of assembly tools and fixturing, procurement of complex monolithic machine parts and other detailed components, assembly and integration of the complete pod structure, and required testing. Deliveries extend through 2028. \u201cThis award is … Continue reading \"CPI Aero Secures $15M Airborne Pod Contract, Driving Total Funded Value to $43.5M for Airborne Pods from an Undisclosed Customer\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer\/","og_site_name":"Market Newsdesk","article_published_time":"2026-08-10T12:17:19+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwNjUyMCM3NzY2NzYzIzIwMTAyNDk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CPI Aero Secures $15M Airborne Pod Contract, Driving Total Funded Value to $43.5M for Airborne Pods from an Undisclosed Customer","datePublished":"2026-08-10T12:17:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer\/"},"wordCount":762,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgwNjUyMCM3NzY2NzYzIzIwMTAyNDk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/cpi-aero-secures-15m-airborne-pod-contract-driving-total-funded-value-to-43-5m-for-airborne-pods-from-an-undisclosed-customer\/","name":"CPI Aero Secures $15M Airborne Pod Contract, Driving Total Funded Value to $43.5M for Airborne Pods from an Undisclosed Customer - 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