CPI Aero Announces USD10.59M PO from Northrop Grumman
CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT:CVU) today announced that it has received a $10.59 million purchase order from Northrop Grumman Corporation (NYSE:NOC) for Outer Wing Panel (OWP) kits for E-2D Advanced Hawkeye, full rate production Lot 2 aircraft.
CPI Aero has produced OWP kits for the E-2D Advanced Hawkeye and C-2A Greyhound aircraft, which share a common wing design, since June 2008. CPI Aero has received orders for OWP kits totaling approximately $66.3 million.
Global Military Avionics Market Assessment 2014-2023
This award was included in the previously announced total of $101.9 million in new business awards from all customers as of December 3, 2013
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : CPI Aerostructures, Inc.
Oct 26 - 28, 2015 - Randolph AFB, United States