StockWatch
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Military/Government/Technical
Business UpdateJul 27, 2026, 08:31 AM

CPI Aero Secures $13.6M L3Harris Contract for Pod Structures

AI Summary

CPI Aerostructures, Inc. announced it has secured a fully definitized contract worth $13.6 million from L3Harris Technologies. This contract is for the delivery of airborne pod structures, specifically the Next Generation Jammer Low Band (NGJ-LB) pods, which will be used on the EA-18G Growler aircraft for the U.S. Naval Air Systems Command. The new contract supersedes a previous undefinitized contract action of $12.1 million, and CPI Aero has already delivered the first test article and provided engineering support since late 2024. The company's total backlog now stands at $495 million.

Key Highlights

  • CPI Aero received a fully definitized contract totaling $13.6 million from L3Harris Technologies.
  • The contract is for the delivery of airborne pod structures, specifically NGJ-LB pods.
  • The previously announced undefinitized contract action (UCA) had a not-to-exceed value of $12.1 million.
  • The pods support L3Harris' delivery of operational prototypes to the U.S. Naval Air Systems Command.
  • CPI Aero has been providing Design for Manufacturing and Assembly (DFMA) engineering support since late 2024.
  • The company's funded backlog of remaining performance obligations exceeds $95 million.
  • The unfunded backlog of future orders is $400 million, bringing the total backlog to $495 million.