CPI Aerostructures, Inc. (CVU): Price and Financial Metrics
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CVU Price/Volume Stats
|Current price||$3.70||52-week high||$4.60|
|Prev. close||$3.71||52-week low||$0.86|
|Day high||$3.79||Avg. volume||44,753|
|50-day MA||$3.81||Dividend yield||N/A|
|200-day MA||$2.47||Market Cap||45.82M|
CPI Aerostructures, Inc. (CVU) Company Bio
CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense aerospace markets. The company was founded in 1980 and is based in Edgewood, New York.
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Below are the latest news stories about CPI AEROSTRUCTURES INC that investors may wish to consider to help them evaluate CVU as an investment opportunity.
CPI Aero Receives $1.8M Follow-On Order for Welded Fluid Tank Assemblies
EDGEWOOD, N.Y., Jan. 05, 2023 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero® or the Company) (NYSE American: CVU) announced today that an undisclosed aerospace OEM has awarded CPI Aero a $1.8 million contract for complex welded fluid tank assemblies for an unspecified application. Deliveries will begin in 2023 and end in 2024. “This follow-on order demonstrates our customer’s satisfaction with CPI Aero’s performance and continued commitment to excellence. This fluid tank assembly involv
CPI Aero Receives New Multi-Year Agreement and $7.5 Million Firm Order for Airborne Reconnaissance Pods From Collins Aerospace
The Company Estimates Agreement Has 3-year Potential Value of Approximately $20 MillionEDGEWOOD, N.Y., Nov. 30, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero® or the Company) (NYSE American: CVU) today announced that it has entered into a pricing agreement with Collins Aerospace, a Raytheon Technologies business, to provide highly integrated airborne pod structures in support of Collins’ MS-110 Multispectral Airborne Reconnaissance System. The agreement has a three-year period of p
CPI Aerostructures Reports Third Quarter and Nine Month 2022 Results
Third Quarter 2022 vs. Third Quarter 2021 Revenue of $20.2 million compared to $23.9 million;Gross profit of $5.3 million compared to $3.7 million;Gross margin of 26.4% compared to 15.3%;Net income of $1.9 million compared to $5.4 million ($0.6 million excluding $4.8 million in PPP loan forgiveness);Earnings per diluted share of $0.15 compared to $0.44 ($0.05 excluding $0.39 in PPP loan forgiveness);Cash flow from operations of $2.9 million compared to $1.2 million. Nine Months 2022 vs. Nine Mon
Sikorsky Awards Five-Year Contract to CPI Aerostructures
Company to Manufacture Gunner Window Assemblies for the UH-60M Black Hawk®EDGEWOOD, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero®) (NYSE American: CVU) today announced that it has been awarded a five-year, indefinite delivery indefinite quantity (IDIQ) contract from Sikorsky, a Lockheed Martin company, to manufacture gunner window assemblies for the UH-60M Black Hawk helicopter. Shipments under this long-term agreement are expected to begin in 2023 and end in 2027.
CPI Aerostructures Receives $4.4M Order From Embraer for Engine Inlet Assemblies
EDGEWOOD, N.Y., Oct. 26, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero” or the “Company”) (NYSE American: CVU) announced that Embraer S.A. of Brazil (NYSE: ERJ) has placed several orders against a previously announced Long Term Agreement to manufacture engine inlet assemblies for the Embraer Phenom 300 business jets. These new orders will see deliveries continue through 2023. “CPI Aero is proud to be part of the successful Phenom 300 program. Having produced inlet assemblies on th
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Continue Researching CVUHere are a few links from around the web to help you further your research on Cpi Aerostructures Inc's stock as an investment opportunity:
Cpi Aerostructures Inc (CVU) Stock Price | Nasdaq
Cpi Aerostructures Inc (CVU) Stock Quote, History and News - Yahoo Finance
Cpi Aerostructures Inc (CVU) Stock Price and Basic Information | MarketWatch
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