Monday, December 9

CPI Aero Lands Big Boeing Order

Share

Edgewood-based CPI Aerostructures has obtained a contract from Boeing valued at up to $48 million to help build new wings for the A-10 Thunderbolt II.

The contract is to supply Boeing with structural assemblies for the A-10 Thunderbolt II’s wing.

“This award builds on our decade-long experience in manufacturing wing structures for the A-10 and cements our role as a key supply chain partner to Boeing on this aircraft to 2030 and beyond,” CPI Aero CEO Douglas McCrosson said.

The company also announced initial purchase orders valued at approximately $6 million for four sets of assemblies and associated program start-up costs.

CPI Aero said Boeing intends to place additional orders prior to May 2020 for between 23 and 40 shipsets valued at between $9.1 million and $14.7 million with deliveries beginning in 2021.

Boeing on Aug. 21 announced an award from the United States Air Force with a maximum contract value of $999 million to manage the production of up to 112 new wing sets and spares kits for A-10 aircraft.


Share

About Author

Leave A Reply