Communist Party of India

CPI Aerostructures Reports First Quarter 2020 Results

Retrieved on: 
Wednesday, September 30, 2020

EDGEWOOD, N.Y., Sept. 30, 2020 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero) (NYSE American: CVU) today announced financial results for its first quarter ended March 31, 2020.

Key Points: 
  • EDGEWOOD, N.Y., Sept. 30, 2020 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero) (NYSE American: CVU) today announced financial results for its first quarter ended March 31, 2020.
  • We are pleased that we received several new firm orders during the quarter that increased our funded defense backlog by more than $60 million during the quarter to $206.4 million.
  • This gives us a stable business near term and attractive long-term growth opportunities, said Douglas McCrosson, president and CEO of CPI Aero.
  • CPI Aero is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com , and follow us on Twitter @CPIAERO .

CPI Aerostructures Schedules First Quarter 2020 Earnings Release and Conference Call

Retrieved on: 
Friday, September 25, 2020

(CPI Aero) (NYSE American: CVU) announced that it will report its fiscal first quarter financial results ended March 31, 2020 after the market close on Wednesday, September 30, 2020.

Key Points: 
  • (CPI Aero) (NYSE American: CVU) announced that it will report its fiscal first quarter financial results ended March 31, 2020 after the market close on Wednesday, September 30, 2020.
  • Management will host a conference call and webcast to discuss the companys financial results at 8:30am ET on, Thursday, October 1, 2020.
  • The live webcast of the conference call and accompanying slide presentation can be accessed via the Investors section of the CPI Aero website .
  • CPI Aero is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com, and follow us on Twitter @ CPIAERO .

Chatsworth Products to Address Thermal Challenges from Rising Power over Ethernet in Edge Applications at the 2020 BICSI Fall Conference

Retrieved on: 
Tuesday, September 22, 2020

AGOURA HILLS, California, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Chatsworth Products (CPI) will address the challenges of increased use of Power over Ethernet (PoE) at the edge during the 2020 BICISI Fall Conference & Exhibitionthis year, a global, highly interactive online eventSept.

Key Points: 
  • AGOURA HILLS, California, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Chatsworth Products (CPI) will address the challenges of increased use of Power over Ethernet (PoE) at the edge during the 2020 BICISI Fall Conference & Exhibitionthis year, a global, highly interactive online eventSept.
  • To gain free access to the 2020 BICSI Fall Conference exhibit hall only, register here .
  • Chatsworth Products (CPI) is a global manufacturer of products and solutions that protect your ever-growing investment in information and communications technology for IT and industrial automation applications.
  • Chatsworth Products, Clik-Nut, CPI, CPI Passive Cooling, CUBE-iT, eConnect, Evolution, GlobalFrame, MegaFrame, Motive, QuadraRack, RMR, Saf-T-Grip, SeismicFrame, SlimFrame, Secure Array, TeraFrame and Velocity are federally registered trademarks of Chatsworth Products.

DGAP-News: CPI PROPERTY GROUP - New Hybrid Issue and Tender Offer Results

Retrieved on: 
Wednesday, September 16, 2020

CPI PROPERTY GROUP ("CPIPG" or the "Group"), the leading owner of income-generating real estate in the Czech Republic, Berlin, Warsaw and the CEE region, is pleased to report ongoing successful steps to strengthen CPIPG's capital structure.

Key Points: 
  • CPI PROPERTY GROUP ("CPIPG" or the "Group"), the leading owner of income-generating real estate in the Czech Republic, Berlin, Warsaw and the CEE region, is pleased to report ongoing successful steps to strengthen CPIPG's capital structure.
  • On 17 September 2020, CPIPG will issue 25 million of additional New Hybrids, bringing the total notional amount to 525 million.
  • Today, the Group announced that 328 million of the 2023 Hybrids and 12 million of 2022 Notes were accepted in the tender offer.
  • For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com
    For further information please contact:

DGAP-News: CPI PROPERTY GROUP - Green Bond Offering in Hungary

Retrieved on: 
Monday, August 3, 2020

CPI PROPERTY GROUP (hereinafter "CPIPG", or together with its subsidiaries the "Group") announces the Group's intention to issue green bonds in Hungary.

Key Points: 
  • CPI PROPERTY GROUP (hereinafter "CPIPG", or together with its subsidiaries the "Group") announces the Group's intention to issue green bonds in Hungary.
  • The issuer would be the Group's subsidiary, CPI Hungary Investments Kft., with an unconditional guarantee from CPIPG.
  • Such proceeds will be allocated in line with the Guarantor's Green Bond Framework available at: https://www.cpipg.com/reports-presentations-en#tab-item-3 .
  • "CPI Hungary has a clear track record of local leadership across ESG and CSR initiatives," said Mtys Gereben, country manager for CPIPG in Hungary.

CPI Aerostructures Receives $1.2 Million Follow-On Order From Lockheed Martin for F-16 Structural Assemblies

Retrieved on: 
Monday, June 22, 2020

EDGEWOOD, N.Y., June 22, 2020 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero) (NYSE American: CVU) today announced that it was awarded a follow-on order from Lockheed Martin (NYSE: LMT) to manufacture structural assemblies for new production F-16 Block 70/72 aircraft the newest and most advanced F-16 production configuration.

Key Points: 
  • EDGEWOOD, N.Y., June 22, 2020 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero) (NYSE American: CVU) today announced that it was awarded a follow-on order from Lockheed Martin (NYSE: LMT) to manufacture structural assemblies for new production F-16 Block 70/72 aircraft the newest and most advanced F-16 production configuration.
  • In February 2019 , CPI Aero announced a multi-year contract with Lockheed Martin to provide Rudder Island and Drag Chute Canister (RI/DCC) assemblies for the F-16.
  • Including the follow-on order, the total value of firm orders under the contract to CPI Aero has now reached approximately $8.7 million.
  • CPI Aero is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com , and follow us on Twitter @CPIAERO .

CPI Aero Receives $43.1 Million in New Firm Orders from Northrop Grumman for E-2D Advanced Hawkeye Wing Kits

Retrieved on: 
Tuesday, June 16, 2020

(CPI Aero) (NYSE American: CVU ) announced today announced that it has received multiple purchase orders valued in aggregate at approximately $43.1 million from Northrop Grumman Corp. (NYSE: NOC) for outer wing panel kits used in the manufacture of complete wings for the E-2D Advanced Hawkeye.

Key Points: 
  • (CPI Aero) (NYSE American: CVU ) announced today announced that it has received multiple purchase orders valued in aggregate at approximately $43.1 million from Northrop Grumman Corp. (NYSE: NOC) for outer wing panel kits used in the manufacture of complete wings for the E-2D Advanced Hawkeye.
  • In February 2019, CPI Aero received an $8.1 million order for the first year of a multi-year contract with an expected value of up to $47.5 million.
  • With the addition of these new orders the total value of firm orders under the multi-year contract to CPI Aero is approximately $51 million as the total expected quantity of wing kits has increased.
  • CPI Aero is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com, and follow us on Twitter @CPIAERO .

Constellation Pharmaceuticals Provides Updates of MANIFEST Study for CPI-0610 and EZH2 Franchise

Retrieved on: 
Friday, June 12, 2020

If corroborated in further testing, these data suggest that CPI-0610 could potentially change the treatment paradigm in MF.

Key Points: 
  • If corroborated in further testing, these data suggest that CPI-0610 could potentially change the treatment paradigm in MF.
  • We are excited about the emerging profile of CPI-0610, said Jigar Raythatha, Chief Executive Officer ofConstellation Pharmaceuticals.
  • Our goal is to drive CPI-0610 to registration and to transform the standard of care in myelofibrosis and potentially other hematologic diseases.
  • While we are disappointed with the outcome of this study, we remain committed to EZH2 as an important cancer target and will apply the learnings from ProSTAR to our second-generation EZH2 inhibitor, CPI-0209.

DGAP-News: CPI PROPERTY GROUP - New York Litigation Update

Retrieved on: 
Tuesday, June 9, 2020

CPI PROPERTY GROUP ("CPIPG" or the "Group") has prepared an update for our stakeholders regarding legal proceedings involving Kingstown Capital Management L.P. and Investhold LTD (together "Kingstown").

Key Points: 
  • CPI PROPERTY GROUP ("CPIPG" or the "Group") has prepared an update for our stakeholders regarding legal proceedings involving Kingstown Capital Management L.P. and Investhold LTD (together "Kingstown").
  • On 3 June 2020, Kingstown filed yet another complaint against CPIPG and Mr. Radovan Vitek in New York.
  • CPIPG and Mr. Vitek will continue to mount a vigorous defense against Kingstown and will routinely update our stakeholders on any material developments.
  • For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com
    For further information please contact:

CPI Aerostructures Receives $14 Million in New Purchase Orders From Boeing Under A-10 Re-Winging Contract

Retrieved on: 
Thursday, May 28, 2020

Under the terms of the IDIQ, CPI Aero will manufacture major structural subassemblies of the A-10 aircrafts wing.

Key Points: 
  • Under the terms of the IDIQ, CPI Aero will manufacture major structural subassemblies of the A-10 aircrafts wing.
  • Including these new orders, CPI Aero has now received approximately $20 million in funding from Boeing for the production of A-10 re-wing structural assemblies and associated program start-up costs.
  • In conjunction with its assembly operations, CPI Aero provides engineering, program management, supply chain management, and MRO services.
  • CPI Aero is a registered trademark of CPI Aerostructures, Inc. For more information, visit www.cpiaero.com , and follow us on Twitter @CPIAERO .