Last $12.30 USD
Change Today -0.32 / -2.54%
Volume 3.4K
CVU On Other Exchanges
Symbol
Exchange
NYSE Amex
Berlin
As of 8:04 PM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

cpi aerostructures inc (CVU) Snapshot

Open
$12.67
Previous Close
$12.62
Day High
$12.67
Day Low
$12.20
52 Week High
01/9/14 - $16.00
52 Week Low
08/9/13 - $10.12
Market Cap
103.9M
Average Volume 10 Days
12.6K
EPS TTM
$0.92
Shares Outstanding
8.5M
EX-Date
--
P/E TM
13.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for CPI AEROSTRUCTURES INC (CVU)

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cpi aerostructures inc (CVU) Details

CPI Aerostructures, Inc. is engaged in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense markets. It operates as a subcontractor for defense prime contractors, as well as the United States Department of Defense, primarily the Air Force. The company also delivers various aircraft structural parts, including skin panels, leading edges, flight control surfaces, engine components, wing tips, cowl doors, and nacelle and inlet assemblies for military aircraft. In addition, it is involved in assembling various C-5A parts consisting of panels, slats, spoilers, and wing-tips. The company was formerly known as Consortium of Precision Industries, Inc. and changed its name to CPI Aerostructures, Inc. in July 1992. CPI Aerostructures, Inc. was founded in 1980 and is based in Edgewood, New York.

268 Employees
Last Reported Date: 03/11/14
Founded in 1980

cpi aerostructures inc (CVU) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $253.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $253.0K
Consultant
Total Annual Compensation: $378.5K
Compensation as of Fiscal Year 2013.

cpi aerostructures inc (CVU) Key Developments

CPI Aerostructures Inc. Elects Terry Stinson to its Board of Directors

CPI Aerostructures Inc. announced that during the Annual Meeting of Shareholders Terry Stinson was elected to its Board of Directors. Mr. Stinson will serve a three-year term. Since 2007, Terry was a senior executive with AAR Corp, ending his term there in May 2014 as Executive Vice President.

CPI Aerostructures, Inc. Receives New Orders from Cessna Aircraft Company Totaling $4 Million

CPI Aerostructures Inc. announced that it received a purchase order from Cessna Aircraft Company to supply wing spar assemblies on their aircraft, the Citation X+. This order is for approximately $4 million and is a follow-on to the long-term agreement (LTA) announced in October 2012. CPI Aero estimates the total value of this LTA to be approximately $41 million through 2019. The total value of firm orders under this LTA is now approximately $9.3 million. CPI Aero commenced deliveries to Cessna in 2013. CPI Aero currently manufactures eleven different structural assemblies, including nine spar assemblies for the Citation X+ aircraft. A wing spar is the primary structural component of a wing and runs from the fuselage to the wingtip. The longest spar assembly for the Citation X+ aircraft is more than 29 feet long. Originally introduced into service in 1996 as the Citation X, the newly developed Citation X+ was first announced at the National Business Aviation Association (NBAA) convention in 2010. The Citation X+ is expected to be certified in early 2014, with deliveries starting shortly after. The Citation X+ features the same supercritical wing as the Citation X and is powered by the new AE3007C2 high by-pass ratio Rolls Royce engines.

CPI Aerostructures Inc. Presents at Drexel Hamilton Aerospace and Defense Conference, Jun-12-2014 09:30 AM

CPI Aerostructures Inc. Presents at Drexel Hamilton Aerospace and Defense Conference, Jun-12-2014 09:30 AM. Venue: Westin New York Times Square Hotel, 270 W 43rd Street, New York, NY 10036, United States. Speakers: Douglas J. McCrosson, Chief Executive Officer, President and Director.

 

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CVU Competitors

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Company Last Change
Lockheed Martin Corp $158.18 USD +0.25
Northrop Grumman Corp $119.92 USD +0.12
Boeing Co/The $126.79 USD 0.00
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Industry Analysis

CVU

Industry Average

Valuation CVU Industry Range
Price/Earnings 13.7x
Price/Sales 1.3x
Price/Book 1.2x
Price/Cash Flow 13.7x
TEV/Sales 0.9x
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