CPI Aerostructures Announces $8.1 Million Contract for E-2D Advanced Hawkeye Wing Kits from Northrop Grumman

CPI Aerostructures, Inc. today announced that it has received a contract with a maximum value of $8.1 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. CPI Aero has produced outer wing panel kits since 2008 for the E-2D Advanced Hawkeye, the U.S. Navy's carrier-based airborne early warning and control aircraft.

“Exceptional program execution, superior product quality and the ability to provide value to our customers lies at the heart of our ongoing ability to secure multiyear defense contracts with leading defense technology companies,” said Douglas McCrosson, president and CEO of CPI Aero, “We are pleased to have the opportunity to extend our long-standing partnership with Northrop Grumman for an additional six years as a key member of ‘Team Hawkeye.’”