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CPI Aerostructures Announces $2.85 Million Spares Contract from Sikorsky Aircraft

by: , Atlantic Wire
May 26, 2011

Category: Syndicated Industry News | RSS 2.0

EDGEWOOD, N.Y.–(BUSINESS WIRE)–CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE Amex: CVU) announced today that it has entered into a five year agreement covering up to $9.2 million in structural assemblies to be supplied to Sikorsky Aircraft Corp. for use as spares for its BLACK HAWK® military helicopter. The initial purchase order under this agreement is for $2.85 million. Delivery is expected to begin in early 2012. Sikorsky is a subsidiary of United Technologies Corp. (NYSE: UTX). The agreemen



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