CPI Aerostructures Receives Major Contract with L3Harris

CPI Aerostructures, Inc. Secures Important Contract

CPI Aerostructures, Inc. (NYSE American: CVU), a prominent name in the manufacturing of structural assemblies, has achieved a remarkable milestone with the recent announcement of a significant contract awarded by L3Harris Technologies. This partnership entails a not-to-exceed value of $12.1 million, aimed at delivering specialized airborne pod structures intended for the U.S. Naval Air Systems Command. These pods will be integral in the development of the Next Generation Jammer – Low Band (NGJ-LB), marking a pivotal step in modernizing airborne electronic warfare capabilities.

The Next Generation Jammer – Low Band Program

The NGJ-LB represents an advanced system crafted for airborne electronic warfare. This innovative technology merges cutting-edge processing with enhanced jamming capabilities while focusing on ease of maintenance through a modular architecture. This flexibility allows for smooth upgrades in response to evolving needs. It is designed to work alongside allied forces, thus enhancing growth capacity for integrating future technologies to maintain a competitive edge against adversarial threats. The operational capabilities of the NGJ-LB are set to develop further, with expectations for early operational capabilities to be achieved in the coming years.

A Win for CPI Aerostructures

Dorith Hakim, the President and CEO of CPI Aerostructures, expressed excitement over this contract, stating that this collaboration with L3Harris signifies important growth for the company. The NGJ-LB marks a new chapter within CPI Aero, complementing existing airborne pod programs such as the Next Generation Jammer - Mid Band Program. This diversity in contracts showcases CPI Aero's adaptability and innovation in the aerospace sector.

Commitment to Excellence in Aerospace Manufacturing

CPI Aerostructures has established itself as a leading manufacturer, specializing in structural assemblies for an array of applications, including fixed-wing aircraft and helicopters. The company plays a vital role within the global aerostructure supply chain, whether as a direct supplier to Original Equipment Manufacturers (OEMs) or as a subcontractor to prominent manufacturers. Furthermore, CPI Aero serves as a prime contractor to the U.S. Department of Defense, particularly focusing on the Air Force. Alongside its manufacturing capabilities, the company also offers a range of services, including engineering support and program management.

Building Strong Relationships for Future Success

As rules and technologies continue to evolve, collaborations like the one between CPI Aerostructures and L3Harris become increasingly significant. The success of the NGJ-LB program not only benefits both organizations but also strengthens the capabilities of the U.S. Navy and its technology initiatives. CPI Aero looks forward to leveraging its extensive experience in the industry to enhance its contributions to this transformational program.

About CPI Aerostructures

CPI Aerostructures, Inc. has carved a niche for itself within the aerospace industry as a manufacturer focused on delivering quality structural assemblies. Operating within both commercial and military sectors, the company is recognized for its commitment to excellence and innovation, ensuring they meet the precise needs of their clients. Their expertise extends beyond production to encompass robust engineering and support services tailored to enhance operational efficiency.

Frequently Asked Questions

What is the significance of the contract awarded to CPI Aerostructures?

The contract is valued at $12.1 million and is pivotal in supporting the Next Generation Jammer – Low Band program, crucial for enhancing U.S. Navy capabilities.

What technologies does the NGJ-LB program incorporate?

The NGJ-LB combines advanced processing with increased jamming capabilities, featuring a modular design to facilitate easy upgrades and enhancements.

How does CPI Aerostructures fit into the aerospace supply chain?

CPI Aerostructures operates as a Tier 1 supplier to aircraft OEMs and a Tier 2 subcontractor to major Tier 1 manufacturers, providing essential structural assemblies for a variety of aircraft.

Who leads CPI Aerostructures?

The company is led by Dorith Hakim, who serves as the President and CEO, guiding CPI Aero through significant milestones in aerospace manufacturing.

What future potential exists for the NGJ-LB program?

The NGJ-LB system is anticipated to achieve early operational capability soon, demonstrating its crucial role in modernizing naval air operations and electronic warfare capabilities.

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