DealsJun 4, 2026, 08:31 AM
CPI Aerostructures Awarded Embraer Phenom 100EX Inlet Supply Agreement
AI Summary
CPI Aerostructures, Inc. announced it has been awarded a life-of-program supply agreement by Embraer to manufacture engine inlet assemblies for the Embraer Phenom 100EX business jets. This new program builds on CPI Aero's existing relationship with Embraer, supplementing the current Phenom 300E inlet program, for which over 1900 inlets have been delivered. The first assemblies for the Phenom 100EX were delivered in May 2026, contributing to CPI Aero's total backlog of $495 million.
Key Highlights
- CPI Aerostructures awarded a life-of-program supply agreement by Embraer for Phenom 100EX engine inlet assemblies.
- First Phenom 100EX assemblies delivered to Embraer in May 2026.
- Agreement supplements the current Phenom 300E inlet program, with over 1900 inlets delivered to date.
- Embraer's Phenom 100 series has over 400 aircraft in operation since 2008.
- Total backlog is $495 million.
- Funded backlog of remaining performance obligations exceeds $95 million.
- Unfunded backlog of future orders for existing programs is $400 million.
Price Impact
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