CVU CPI Aerostructures, Inc.
Price Chart
Executive Summary
CPI Aerostructures announced follow-on orders from Northrop Grumman for welded assemblies on the E-2D Advanced Hawkeye program, with deliveries through 2028. The contract reinforces a long-standing relationship and adds to the company's $495 million total backlog, but no dollar value for the new orders was disclosed.
Actionable Insight
The follow-on orders are incremental but not transformative given the undisclosed value. Monitor future 10-Q filings for revenue recognition from this program and any changes to the funded backlog.
Key Facts
- WMI, a wholly owned subsidiary of CPI Aero, received follow-on orders from Northrop Grumman for E-2D Advanced Hawkeye welded assemblies.
- Orders cover more than 20 different complex welded assemblies with deliveries through 2028.
- Total backlog is $495 million ($95 million funded, $400 million unfunded).
- No dollar value for the new orders was disclosed.
Financial Impact
Undisclosed; total backlog of $495 million includes these orders but no separate value provided.
Risk Factors
- No contract value disclosed, limiting assessment of materiality.
- Reliance on a single program (E-2D) for a portion of backlog; program cuts could impact revenue.
- Historical performance shows poor T+20 outcomes for prior reports on CVU, suggesting limited market reaction to contract news.
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3301088 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 26, 2026
14d ago
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Press Release
| $5.09 $5.11 | ▲ +0.39% | ▼ −0.69% | $4.98 (−2.16%) |
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May 18, 2026
22d ago
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8-K
| $4.20 $5.09 | ▲ +21.19% | ▲ +19.57% | $4.98 (+18.57%) |
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Apr 15, 2026
8w ago
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EFFECT
| $3.44 $3.55 | ▼ −3.20% | ▼ −1.56% | $4.98 (−44.77%) |
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Apr 7, 2026
9w ago
|
S-3/A
| $3.25 $3.49 | ▼ −7.38% | ▼ −2.06% | $4.98 (−53.23%) |
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Mar 31, 2026
10w ago
|
8-K
| $3.41 $3.49 | ▼ −2.35% | ▲ +1.42% | $4.98 (−46.04%) |
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Mar 9, 2026
13w ago
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Press Release
| $4.81 $4.44 | ▼ −7.69% | ▼ −6.34% | $4.98 (+3.53%) |
|
Mar 3, 2026
14w ago
|
Press Release
| $4.52 $4.81 | ▲ +6.42% | ▲ +6.89% | $4.98 (+10.18%) |
US Market Status
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