Financials

  • Market Capitalization 57.0528 M
  • Employee 212
  • Founded N/A
  • CEO N/A
  • Website www.cpiaero.com
  • Headquarter New York, United States
  • FIGI BBG000GZFVB7
  • Industry Technology
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
15.58
Price to sales ratio
0.64

CPI Aerostructures Inc

CPI Aerostructures Inc., known as CPI Aero, is a contract aircraft component manufacturer based in Edgewood, New York. CPI's primary customers are the US Department of Defense, and also operating as a subcontractor under Boeing and Northrop Grumman. CPI is traded on NYSE American as CVU. The company has approximately 280 employees and hires temporary employees as needed. The CEO is Douglas J. McCrosson. After Vincent Palazzolo resigned in November 2019 in a cloud of financial problems, Dan Azmon was announced as CFO on November 19, 2019. Azmon resigned in February 2020 and the company announced it would restate its books going back to March 2018. In 2018, CPI Aero reported $83.9 million in gross revenue, $18.1 million in gross profit, and net income of $2.2 million. Approximately half that was in government subcontracts, another 40% in commercial contracts, and the remainder under prime government contracts.

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