CPI Aerostructures Announces $12.7M Purchase Order from Boeing for A-10 Assemblies

CPI Aerostructures, Inc.

today announced that it has received its first new business award for 2012, a purchase order valued at $12.7 million from the Boeing Defense, Space & Security unit of The Boeing Company

for assemblies for the A-10 aircraft. This represents a follow-on order for CPI Aero's previously announced long-term requirements contract to support Boeing's A-10 Wing Replacement Program. The A-10 WRP contract between Boeing and CPI Aero is worth up to approximately $84 million for the production of a variety of structural assemblies for up to 242 enhanced wings. To date, CPI Aero has received firm requirements for 117 ship sets at a value of approximately $47.3 million for the A-10 WRP program.