CPI Aero to Supply Additional Parts to Vought Aircraft Industries on C-5 Top Contract.EDGEWOOD, N.Y. -- CPI (1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch. (2) (Counts Per I Aerostructures, Inc. ("CPI Aero") (AMEX AMEX See: American Stock Exchange : CVU CVU Canadian Virtual University CVU Cerner Virtual University CVU Corvo Island, Azores, Portugal (airport code) CVU Case Value Update ) today announced it was selected by Vought Aircraft Industries, Inc. ("Vought") to supply 17 more parts for the C-5 Galaxy aircraft, including metal-bonded parts and subassemblies. These parts are in addition to the 14 parts that Vought had selected CPI Aero to produce as a critical subcontractor approximately one year ago. Edward J. Fred, CPI Aero's President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. stated, "Last year, when we were originally selected by Vought to supply 14 parts for the C-5, we envisioned it as the beginning of a long working relationship with one of the most well-respected subcontractors of aircraft structure in the world. This award reinforces that belief and justifies the effort we expended to develop that relationship." About Vought Aircraft Industries, Inc. Vought (www.voughtaircraft.com) is one of the world's largest independent suppliers of aerostructures. Headquartered in Dallas, the company designs and manufactures major airframe structures such as wings, fuselage subassemblies, empennages, nacelles and other components for prime manufacturers of aircraft. Vought has annual sales of approximately $1.2 billion and more than 6,000 employees in seven U.S. locations. About CPI Aero CPI Aero is engaged in the contract production of structural aircraft parts principally for the U.S. Air Force and other branches of the armed forces. In conjunction with its assembly operations, CPI Aero provides engineering, technical and program management services. Among the key programs that CPI Aero supplies are the C-5A C-5A Galaxy (USAF cargo aircraft) Galaxy cargo jet, the T-38 Talon jet trainer, the A-10 Thunderbolt attack jet, the E-3 Sentry AWACS AWACS (Airborne Warning and Control System) Mobile, long-range radar surveillance-and-control centre for air defense. Used by the U.S. Air Force since 1977, AWACS is mounted in a specially modified Boeing 707 aircraft, with its main radar antenna affixed to a rotating dome. jet and the MH-60S mine countermeasure helicopter. The above statements include forward looking statements that involve risks and uncertainties, which are described from time to time in CPI Aero's SEC reports, including CPI Aero's Form 10-KSB for the year ended December 31, 2004 and Form 10-Q Form 10-Q See 10-Q. for the quarters ended March 31, 2005 and June 30, 2005. |
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