CPI Aero(US:CVU) Newsfilter·2025-04-07 12:00Core Insights - CPI Aerostructures, Inc. has completed the production and delivery of an Airborne Laser Mine Detection System (ALMDS) pod structure for Northrop Grumman, supporting a contract awarded by Korea Aerospace Industries, Ltd. for the Republic of Korea's Mine Countermeasures Helicopter program, with the Engineering, Manufacturing, and Design phase expected to conclude in 2027 [1][2] - There is potential for a follow-on order for Low-Rate Production of eight additional pods valued at approximately $3 million [1] - CPI Aero has delivered a total of 28 ALMDS pod structures to Northrop Grumman since 2007, including 24 for the U.S. Navy and 4 for the Japanese Maritime Self Defense Force [2] Company Overview - CPI Aero is a U.S. manufacturer specializing in structural assemblies for fixed-wing aircraft, helicopters, and airborne Intelligence Surveillance and Reconnaissance pod systems, serving both commercial aerospace and national security markets [3] - The company operates as a Tier 1 supplier to aircraft OEMs or as a Tier 2 subcontractor to major Tier 1 manufacturers, and is also a prime contractor to the U.S. Department of Defense, primarily the Air Force [3] - In addition to assembly operations, CPI Aero provides engineering, program management, supply chain management, and MRO services [3]