CPI Aerostructures, Inc. (CVU)
CPI Aerostructures, Inc. (CVU) is a manufacturer of aerostructures and aircraft components primarily serving the defense and aerospace markets. The company specializes in the fabrication of structural and electronic assemblies, offering products such as aircraft panels, assemblies, and other complex components for military and commercial aircraft.
Company News
CPI Aerostructures reported a net loss in Q2 2025 due to a $2.3 million write-off from the terminated A-10 Program, with revenue declining from $20.8M to $15.2M. Despite challenges, the company maintains a strong $506 million backlog and continues transitioning to new aerospace programs.
A Boeing Co (NYSE: BA) 737-800 carrying 132 passengers operated by China Eastern Airlines went down while flying over the Guangxi region in China Monday morning. This comes at a crucial time for Boeing, as the company is rebounding from the 737 MAX being grounded between March 2019 and December 2020 due to two separate crashes in a five-mon...