Brief: CPI Aerostructures Receives Second Multi-Year Contract, Funded Order For F-16 Aircraft Structures

CPI Aerostructures

28/08/2023 13:56

Aug 28 (Reuters) - CPI Aerostructures Inc  CVU.A :
    * CPI AERO RECEIVES SECOND MULTI-YEAR CONTRACT AND FUNDED
ORDER
FOR F-16 AIRCRAFT STRUCTURES
    * CPI AEROSTRUCTURES - UNDER TERMS OF CONTRACT WITH LOCKHEED
MARTIN, CO WILL PROVIDE RUDDER ISLAND AND DRAG CHUTE CANISTER
(RI/DCC) ASSEMBLIES FOR F-16
    * CPI AEROSTRUCTURES - DELIVERIES ARE EXPECTED TO BEGIN IN
2025
AND CONTINUE THROUGH 2028
    * CPI AEROSTRUCTURES - RECEIVES LONG TERM AGREEMENT NOT TO
EXCEED
$34.4 MILLION AND INITIAL $10.4 MILLION ORDER

Source text for Eikon:  ID:nGNXbdnMDk 
Further company coverage:  CVU.A 

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