- CPI Aerostructures (NYSEMKT:CVU) announces that United States Government exercised an option to extend the term of FFP/IDIQ prime contract for F-16 wing components that it has with the Defense Logistics Agency for one year ending April 2022.
- The Government estimates the value of the contract extension to be up to a maximum $1.6M. In last 6 years, CPI Aero has received more than $14M in orders under this contract.
- Shares +5.9% pre-market.