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4 - CPI AEROSTRUCTURES INC (0000889348) (Issuer)
4 - CPI AEROSTRUCTURES INC (0000889348) (Issuer)
4 - CPI AEROSTRUCTURES INC (0000889348) (Issuer)
EDGEWOOD, N.Y., July 01, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero®" or the "Company") (NYSE:CVU) today announced that it has appointed Paula Castellano to the position of Senior Vice President, Operations. Ms. Castellano, 59, has extensive experience in Operations leadership and management, Lean and Six Sigma, production control, engineering, planning and customer service. Most recently, she served as Site Director at GKN Aerospace responsible for operational performance, continuous improvement, contract execution and overall leadership of the Amityville NY site. Prior to her tenure at GKN Aerospace, Ms. Castellano served a significant portion of her caree
PARIS, June 17, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero®" or the "Company") (NYSE:CVU) announced today that it has signed another Long-Term Agreement ("LTA") with MST Manufacturing ("MST") during the international air show in Paris, France, for the supply of components in support of its aerostructures production. This LTA will cover CPI Aero's requirements from MST through the end of calendar year 2028. "We've had a strong relationship with MST and, this second LTA reflects their performance as a critical supplier to CPI Aero, and rewards them for supporting our new programs," stated Dorith Hakim, president and CEO of CPI Aero. Kenneth Statton, CEO & founder of MST a
First Quarter 2025 vs. First Quarter 2024 Revenue of $15.4 million compared to $19.1 million; Gross profit of $1.6 million compared to $3.6 million; Gross margin of 10.7% compared to 18.6%; Net (loss) income of $(1.3) million compared to net income of $0.2 million; (Loss) earnings per share of $(0.10) compared to earnings per share of $0.01; Adjusted EBITDA(1) of $(0.8) million compared to $1.2 million; Cash flow used in operations of $2.7 million compared to $1 million. EDGEWOOD, N.Y., May 15, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero" or the "Company") (NYSE:CVU) today announced financial results for the three month period ended March 31, 2025. "Our first qua
8-K - CPI AEROSTRUCTURES INC (0000889348) (Filer)
8-K - CPI AEROSTRUCTURES INC (0000889348) (Filer)
10-Q - CPI AEROSTRUCTURES INC (0000889348) (Filer)
4 - CPI AEROSTRUCTURES INC (0000889348) (Issuer)
4 - CPI AEROSTRUCTURES INC (0000889348) (Issuer)
4 - CPI AEROSTRUCTURES INC (0000889348) (Issuer)
EDGEWOOD, N.Y., July 01, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero®" or the "Company") (NYSE:CVU) today announced that it has appointed Paula Castellano to the position of Senior Vice President, Operations. Ms. Castellano, 59, has extensive experience in Operations leadership and management, Lean and Six Sigma, production control, engineering, planning and customer service. Most recently, she served as Site Director at GKN Aerospace responsible for operational performance, continuous improvement, contract execution and overall leadership of the Amityville NY site. Prior to her tenure at GKN Aerospace, Ms. Castellano served a significant portion of her caree
EDGEWOOD, N.Y., Jan. 06, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero®" or the "Company") (NYSE:CVU), a leading manufacturer of structural assemblies in both the commercial and military defense aerospace markets, announced today that it has appointed Aerospace industry executive Carey Bond as Chairman of its Board of Directors effective immediately. Mr. Bond succeeds Terry Stinson, who has stepped down from the role in a planned succession after 6 years of service and after leading CPI through some of the most complex times in our industry. Mr. Stinson will remain on CPI Aero's Board of Directors as Vice-Chairman and will continue to share his strategic insights and govern
EDGEWOOD, N.Y., Aug. 20, 2024 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero®" or the "Company") (NYSE:CVU) today announced that it has appointed Philip Passarello to the position of Chief Financial Officer. Mr. Passarello has extensive experience in all aspects of financial functions including accounting, financial reporting, audit and compliance, treasury, and financial planning and analysis. His career spans more than 20 years in financial management, government compliance, strategic forecasting and systems implementation. Prior to joining CPI Aero, Mr. Passarello served as Vice President of Finance for TTM Technologies, a Printed Circuit Board and Aerospace and
EDGEWOOD, N.Y., Oct. 25, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero" or the "Company") (NYSE:CVU) announced today that its 2021 Annual Meeting of Shareholders will be held on Wednesday, December 29, 2021 at 9:00 a.m. Eastern Time at the Company's offices located at 91 Heartland Blvd., Edgewood New York, 11717. The record date for the meeting is November 4, 2021. Proxy materials will be mailed to shareholders of record on or about November 19, 2021 and will be available on the Securities and Exchange Commission website at www.sec.gov and on the Company's website at www.cpiaero.com. About CPI Aero CPI Aero is a U.S. manufacturer of structural assemblies for fixed wing ai
EDGEWOOD, N.Y., Dec. 28, 2020 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE American: CVU) announced it has reached an agreement (“Settlement Agreement”) to resolve its post-closing working capital adjustment dispute with Air Industries Group (“Air Industries”) (NYSE American: AIRI) in exchange for payment of the $1,381,000 remaining in escrow to CPI Aero. In December 2018, CPI Aero completed the acquisition of Welding Metallurgy, Inc. from Air Industries for a purchase price of $7.9 million subject to a potential post-closing working capital adjustment. Of the purchase price, $2 million was placed in escrow at closing. A dispute arose regarding the post-closing working
SC 13G/A - CPI AEROSTRUCTURES INC (0000889348) (Subject)
SC 13G/A - CPI AEROSTRUCTURES INC (0000889348) (Subject)
SC 13G/A - CPI AEROSTRUCTURES INC (0000889348) (Subject)