27 December 2013
CPI Aerostructures, Inc. (NYSE: CVU) said it has received a USD10.59m purchase order from Northrop Grumman Corp. (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 USD66.3m.
This award was included in the previously announced total of USD101.9m in new business awards from all customers as of December 3, 2013.
Northrop Grumman is a leading global security company providing innovative systems, products and solutions in unmanned systems, cyber, C4ISR, and logistics and modernization to government and commercial customers worldwide. Visit www.northropgrumman.com for more information.
CPI Aero is a US manufacturer of structural aircraft parts for fixed wing aircraft and helicopters in both the commercial and defense markets.