Northrop Grumman submits $11 million order for CPI Aero wing kits


EDGEWOOD, N.Y., 13 Feb. 2013. CPI Aerostructures Inc. (NYSE:CVU) won an $11.45 million purchase order from Northrop Grumman Corp. (NYSE:NOC) for Outer Wing Panel (OWP) kits.

Northrop Grumman engineers will use the wing kits in the manufacture of complete wings for the C-2A Greyhound, a high-wing carrier on-board delivery (COD) aircraft used by the U.S. Navy. The C-2A monoplane cargo aircraft is designed to land on aircraft carriers and provides logistics support to carrier strike groups.

CPI Aero has produced OWP kits for the E-2D Advanced Hawkeye and the C-2A Greyhound, aircraft which share a common wing design. CPI Aero has received firm orders and advanced funding for OWP kits totaling approximately $58 million.

This order is among the approximately $81.6 million in total contract awards CPI Aero won from all customers in 2012.

Northrop Grumman

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