CPI Aerostructures Reports First Quarter 2020 Results
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.
- 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 .