CPI Aerostructures, Inc. (CPI Aero®) (NYSE MKT: CVU) has been awarded a $1 million contract by Northrop Grumman Corporation (NYSE:NOC) to manufacture pod structural housings for the Airborne Laser Mine Detection System (ALMDS).
In April 2012, the U.S. Navy issued a contract modification to Northrop Grumman to begin low rate initial production (LRIP) Lot 4. CPI Aero will manufacture a total of four pod structural housings under this new contract, with deliveries scheduled to commence in mid-2013.
To date, CPI Aero has delivered 10 ALMDS pod structural housings for LRIP Lots 1 through 3. Northrop Grumman’s ALMDS is part of the mine countermeasure mission package on the U.S. Navy’s new Littoral Combat Ship and is designed for rapid wide-area reconnaissance and assessment of anti-ship mines in coastal waters, harbors, confined straits, choke points and amphibious assault areas where aircraft carriers and expeditionary strike groups must operate. The ALMDS uses pulsed laser light and streak tube receivers housed in an external equipment pod on the MH-60S helicopter. The pod structural housings to be built by CPI Aero are pressurized and thermally conditioned structural assemblies that contain the ALMDS laser and electronics.
Source: CPI Aerostructures
Date: Jul 26, 2012