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Last $10.10 USD
Change Today +0.081 / 0.81%
Volume 14.5K
CVU On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

cpi aerostructures inc (CVU) Snapshot

Open
$10.01
Previous Close
$10.02
Day High
$10.14
Day Low
$10.00
52 Week High
07/9/14 - $12.94
52 Week Low
08/7/14 - $8.16
Market Cap
86.4M
Average Volume 10 Days
10.5K
EPS TTM
$0.55
Shares Outstanding
8.6M
EX-Date
--
P/E TM
18.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for CPI AEROSTRUCTURES INC (CVU)

cpi aerostructures inc (CVU) Related Businessweek News

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cpi aerostructures inc (CVU) Details

CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for fixed wing aircraft and helicopters in the commercial and defense aerospace markets. It offers aircraft structural parts, such as skin panels, leading edges, flight control surfaces, engine components, wing tips, cowl doors, nacelle assemblies, and inlet assemblies for military aircraft; and reconnaissance pod structures and fuel panel systems. The company also operates as a subcontractor for defense prime contractors and commercial contractors, as well as the United States Department of Defense, primarily the Air Force. In addition, it offers engineering, program management, supply chain management, and maintenance repair and overhaul services. The company was formerly known as Consortium of Precision Industries, Inc. and changed its name to CPI Aerostructures, Inc. in July 1992. CPI Aerostructures, Inc. was founded in 1980 and is headquartered in Edgewood, New York.

281 Employees
Last Reported Date: 03/6/15
Founded in 1980

cpi aerostructures inc (CVU) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $363.5K
Chief Financial Officer and Secretary
Total Annual Compensation: $293.0K
Compensation as of Fiscal Year 2014.

cpi aerostructures inc (CVU) Key Developments

CPI Aerostructures, Inc. Receives Multi-Year Contract from Lockheed Martin Company

CPI Aerostructures Inc. announced that it has been awarded a multi-year contract by Lockheed Martin Company to manufacture lock assemblies for the F-35A Conventional Takeoff and Landing variant aircraft. Under this new contract with Lockheed Martin's Aeronautics division based in Fort Worth, TX, CPI Aero will provide four lock assemblies for the arresting gear door on 289 F-35A CTOL aircraft, with deliveries beginning in 2017. The term of the contract is for a period of three years, with a single option for an additional three-year period, at which time CPI Aero would manufacture lock assemblies for an additional 459 F-35A CTOL aircraft. The company estimates the total value of the contract, including the option, to be approximately $10.6 million.

CPI Aerostructures Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year 2015

CPI Aerostructures Inc. reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of $19,876,566, compared to $21,883,517 a year ago. Pre-tax income was $1,368,120 compared to $2,508,869 a year ago. Net income was $928,120, or $0.11 per basic and diluted share compared to $1,728,869, or $0.20 per diluted share a year ago. Income from operations was $1,582,706 compared to $2,652,472 a year ago. For the year 2015, the company expects revenue to be in the range of $92.0 million to $102.0 million. Gross margin to be in the range of 19.0% to 21.0%, lower than historical margin as the company will continue to book A-10 WRP revenue at zero profit. Net income to be in the range of $7.2 million to $8.0 million.

CPI Aerostructures Inc., Annual General Meeting, Jun 10, 2015

CPI Aerostructures Inc., Annual General Meeting, Jun 10, 2015., at 09:00 US Eastern Standard Time. Location: The Chrysler Building, 405 Lexington Avenue. Agenda: To elect two Class II directors to serve for the ensuing three-year period until their successors are elected and qualified; to approve, on an advisory basis, the executive compensation of named executive officers; to ratify the appointment of CohnReznick LLP as independent registered public accounting firm for the fiscal year ending December 31, 2015; and to transact such other business as may properly come before the meeting and any and all postponements or adjournments thereof.

 

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Lockheed Martin Corp $187.30 USD -0.87
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CVU

Industry Average

Valuation CVU Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.3x
Price/Book 1.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.4x
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