Benzinga | Jan 8, 2021 08:36AM EST

CPI Aerostructures Awarded Contract From Raytheon Missiles & Defense; Terms Not Disclosed

EDGEWOOD, N.Y., Jan. 08, 2021 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. ("CPI Aero") (NYSE:CVU) announced today that it has received an order from Raytheon Missiles & Defense, a Raytheon Technologies business, to manufacture structural assemblies on an undisclosed platform. This is a sole source follow-on order and CPI Aero anticipates making deliveries starting in 2021. Terms of the order will not be disclosed.