DealsMay 26, 2026, 08:32 AM
CPI Aero Secures Northrop Grumman E-2D Follow-On Orders
AI Summary
CPI Aerostructures, Inc. announced that its wholly owned subsidiary, Welding Metallurgy, Inc. (WMI), has secured follow-on orders from Northrop Grumman Corporation. These orders are for more than 20 different complex welded assemblies for the E-2D Advanced Hawkeye aircraft, with deliveries extending through 2028. The company highlighted its NADCAP certification and long history of supporting the E-2D program, with its total backlog now reaching $495 million.
Key Highlights
- CPI Aero's subsidiary, WMI, secured follow-on orders from Northrop Grumman.
- WMI will manufacture over 20 complex welded assemblies for E-2D Advanced Hawkeye aircraft.
- Deliveries for these new orders are scheduled through 2028.
- CPI Aero's funded backlog of remaining performance obligations exceeds $95 million.
- Unfunded backlog of future orders for existing programs totals $400 million.
- The company's total backlog stands at $495 million.
Price Impact
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