CPI Aerostructures receives multi-year agreement, $7.5M firm order from Collins

CPI Aerostructures (CVU) announced that it has entered into a pricing agreement with Collins Aerospace, a Raytheon Technologies (RTX) business, to provide highly integrated airborne pod structures in support of Collins’ MS-110 Multispectral Airborne Reconnaissance System. The agreement has a three-year period of performance with an option for an additional year. The Company had received initial funding for non-recurring of $1.2 million under the agreement in the 1st Quarter 2022. This most recent delivery order and associated program start-up costs add additional funding to the original award.