Cpi Aerostructures INC
Market Movers (8-K)
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CPI Aerostructures announced adjustments to the annual base salaries for its Chief Executive Officer and Chief Financial Officer, effective May 1 and July 1, 2026, respectively.
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CPI Aerostructures, Inc. announced significant year-over-year improvements in its first quarter 2026 financial results, driven by favorable product mix and operational efficiencies.
Better than expected
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CPI Aerostructures announced its fourth quarter and full year 2025 financial results, showing revenue and profit declines impacted by the A-10 program termination, but highlighted new contract wins and debt refinancing.
Worse than expected
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CPI Aerostructures, Inc. has secured a new $20 million credit facility with Western Alliance Bank, refinancing its existing debt and providing capital for general corporate purposes.
Capital raise
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CPI Aerostructures, Inc. announced the appointment of Robert Mannix as its new Chief Financial Officer and Secretary, effective December 8, 2025.
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CPI Aerostructures announced improved third-quarter performance with increased net income and EBITDA, while nine-month results were significantly impacted by the Boeing A-10 Program termination.
Worse than expected
Quarterly Earnings (10-Q)
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CPI Aerostructures, Inc. reported a significant turnaround in its first quarter 2026 financial results, achieving net income of $1.24 million compared to a net loss in the prior year, driven by strong revenue growth and improved gross margins.
Better than expected
Capital raise
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CPI Aerostructures reported a net income of $1.1 million for Q3 2025, a 48.5% increase year-over-year, despite a significant year-to-date net loss of $1.5 million and ongoing challenges including a major contract termination and repeated debt covenant non-compliance.
Worse than expected
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CPI Aerostructures, Inc. reported a significant net loss and revenue decline in Q2 2025, primarily due to the termination of its A-10 program and increased costs on other contracts, leading to covenant non-compliance.
Worse than expected
Capital raise
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CPI Aerostructures obtained a waiver from lenders after failing to meet financial covenants in Q1 2025, while also reporting a decrease in revenue compared to the same period last year.
Worse than expected
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CPI Aerostructures experienced a slight decrease in revenue for the third quarter of 2024, while net income saw a significant increase compared to the same period last year.
Worse than expected
Delay expected
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CPI Aerostructures experienced a slight revenue increase in Q2 2024, but a decrease for the first half of the year, alongside changes in gross profit and adjustments to contract estimates.
Worse than expected
Annual Reports (10-K)
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CPI Aerostructures, Inc. reported a significant net loss in 2025, primarily due to the termination of the Boeing A-10 Main Landing Gear Pods program and reduced government contract revenue.
Worse than expected
Delay expected
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CPI Aerostructures reports a net income of $3.3 million for 2024, despite a slight revenue decrease, driven by strategic cost management and a focus on high-value contracts.
Worse than expected
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CPI Aerostructures, Inc. released its 2023 annual report, highlighting financial performance, risk factors, and corporate governance details.
Better than expected
Insider Trading (Form 4)
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Dorith Hakim, CEO and President of CPI AeroStructures, acquired 2,876 shares of common stock on June 25, 2026, to correct a previous grant calculation.
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CFO Robert Mannix acquired 32,828 shares of CPI Aerostructures common stock under the company's 2025 Long Term Incentive Plan.
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CEO Dorith Hakim received 75,126 shares under the 2025 Long Term Incentive Plan while forfeiting and withholding shares for tax purposes.
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Pamela Levesque, Director and former CFO of CPI Aerostructures, filed an amended Form 4 to correct previously reported beneficial ownership of common stock.
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CPI Aerostructures Director Carey Bond E was granted 30,303 restricted stock units as part of 2026 director compensation, vesting in one year.
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CPI Aerostructures Inc. Director Richard C. Rosenjack received a grant of 15,152 restricted stock units as part of his 2026 director compensation, vesting in one year.
Proxy Statements (Def-14A)
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CPI Aerostructures, Inc. has issued its definitive proxy statement, announcing its Annual Meeting of Shareholders scheduled for September 16, 2026, to elect directors, approve executive compensation, and ratify auditor appointments.
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CPI Aerostructures will hold its annual shareholder meeting on June 24, 2025, to vote on director elections, executive compensation, a long-term incentive plan, and auditor ratification.
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CPI Aerostructures is holding its annual shareholder meeting to elect directors, approve executive compensation, adopt a new long-term incentive plan, and ratify its accounting firm.
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CPI Aerostructures will hold its annual shareholder meeting on June 19, 2024, to vote on director elections, executive compensation, and other matters.
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CPI Aerostructures announces its annual shareholder meeting to be held on June 19, 2024, featuring proposals for director elections, executive compensation votes, and other corporate matters.
Schedule 13G - Passive Investments
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Royce & Associates LP has disclosed a beneficial ownership of 6.33% in CPI Aerostructures, Inc., holding 835,632 shares.
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SCHEDULE: CPI Aerostructures Stakeholder Update
Calm Waters Partnership and Richard S. Strong report a combined 5.0% stake in CPI Aerostructures Inc. following an amendment to their Schedule 13G filing.
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SCHEDULE 13G/A: Royce & Associates Reduces Stake in CPI Aerostructures
Royce & Associates LP has reduced its beneficial ownership in CPI Aerostructures, Inc. to 4.38% of common stock.
Worse than expected
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Royce & Associates LP has reported a 5.17% beneficial ownership stake in CPI Aerostructures, Inc., holding 671,469 shares of common stock as of June 30, 2025.
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Calm Waters Partnership and Richard S. Strong have disclosed significant beneficial ownership stakes in CPI Aerostructures Inc., holding 5.6% and 6.8% of the common stock, respectively.
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Investment adviser Royce & Associates LP has filed an amended Schedule 13G, reporting a passive beneficial ownership of 4.97% of CPI Aerostructures, Inc.'s common stock as of March 31, 2025.