CPI Announces $2 M Civil Product Line Contract Award from Sikorsky

(Edgewood, N.Y., July 30, 2008) -- CPI Aerostructures, Inc. ("CPI Aero(R)") (AMEX: CVU) announced today that it has received a contract from Sikorsky Aircraft Corporation valued at $2 million for the S-92(R) helicopter. CPI Aero will be providing the trailing edge of the sponson, a piece of structure that projects from the side of the helicopter. Deliveries of these parts will begin in December 2008. Sikorsky is a subsidiary of United Technologies Corp. (NYSE: UTX)
The S-92 helicopter is the newest aircraft in Sikorsky's civil product line. The S-92 fleet spans 15 countries, and performs a number of missions including Offshore Oil, Corporate VIP and Head of State transport and Search and Rescue.

"We are very proud of the fact that we continue to expand our business base with Sikorsky, one of the world's leading helicopter manufacturers," stated Edward J. Fred, CPI Aero's CEO & President. "We are working diligently to provide quality products and to strengthen Sikorsky's confidence in CPI Aero as a premier subcontractor of aircraft structure and as a long term partner in their success."

Source : CPI Aerostructures Inc.

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