CPI Aero to Mark 40th Anniversary with Ringing of NYSE Closing Bell on January 29, 2020
January 28 2020 - 7:00AM
CPI Aerostructures, Inc. (NYSE American: CVU) today announced that
President and CEO Douglas McCrosson will be joined by members of
the company’s Board of Directors and senior management to ring the
closing bell at the New York Stock Exchange on Wednesday, January
29, 2020 to commemorate the 40th anniversary of the company’s
incorporation.
“While much has changed over the past 40 years in
the aerospace and defense industry, CPI Aero has remained
consistent in delivering exceptional program execution, superior
product quality and the ability to provide value to our
customers,” said Mr. McCrosson. “We look ahead with a
near-record backlog, a growing need for our capabilities, and the
ongoing commitment of our nearly 300 talented employees to deliver
growth and value creation for the long-term.”
About CPI Aero CPI Aero is a U.S.
manufacturer of structural assemblies for fixed wing aircraft,
helicopters and airborne Intelligence Surveillance and
Reconnaissance pod systems in both the commercial aerospace and
national security markets. Within the global aerostructure supply
chain, CPI Aero is either a Tier 1 supplier to aircraft OEMs or a
Tier 2 subcontractor to major Tier 1 manufacturers. CPI also is a
prime contractor to the U.S. Department of Defense, primarily the
Air Force. In conjunction with its assembly operations, CPI Aero
provides engineering, program management, supply chain management,
and MRO services. CPI Aero is included in the Russell Microcap®
Index.
The above statements include forward looking
statements that involve risks and uncertainties, which are
described from time to time in CPI Aero's SEC reports, including
CPI Aero's Form 10-K for the year ended December 31, 2018, and Form
10-Q for the three-month periods ended March 31, 2019, June 30,
2019, and September 30, 2019.
CPI Aero® is a registered trademark of CPI
Aerostructures, Inc. For more information, visit www.cpiaero.com,
and follow us on Twitter @CPIAERO.
Contacts:
Dan Azmon |
Investor
Relations Counsel: |
Chief Financial Officer |
LHA |
CPI Aero |
Jody Burfening/Sanjay M. Hurry |
(631) 586-5200 |
(212) 838-3777 |
www.cpiaero.com |
cpiaero@lhai.com |
|
www.lhai.com |
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