CPI Aerostructures Awarded $1.3M Follow-On Orders For Complex Welded Structural Assemblies Used On A U.S. Military Helicopter From A Current Customer
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CPI Aerostructures, Inc. (NYSE:CVU) has been awarded follow-on orders worth $1.3 million for complex welded structural assemblies used on a U.S. military helicopter. Deliveries are expected through mid-2025.
June 05, 2024 | 8:24 pm
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CPI Aerostructures, Inc. has secured $1.3 million in follow-on orders for complex welded structural assemblies for a U.S. military helicopter, with deliveries expected through mid-2025.
The follow-on orders indicate continued business and revenue for CPI Aerostructures, which is positive for the company's financial health and stock price. The long-term delivery schedule also suggests sustained demand.
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