CPI Aero gets new $4.9m order from USAF(EDGEWOOD, N.Y., Aug. 5, 2009) -- CPI Aerostructures, Inc. ("CPI Aero(r)") (NYSE AMEX: CVU) today announced that the U.S. Air Force has released a new order under CPI Aero's C-5 TOP contract for a variety of spoilers and fairings valued at approximately $4.9 million. Orders under this program, including this $4.9 million order, have totaled $8.2 million for 2009 and $30.6 million since the inception of the contract. On average CPI Aero has received $5.8 million of releases on this contract per year.
This award brings the total new year-to-date awards for the Company to $11.9 million.
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Source : CPI Aerostructures