$2.8 Million Contract Award from Sikorsky Aircraft

CPI Aerostructures announced that it has received a contract from Sikorsky Aircraft Corporation valued at $2.8 million for the S-70B SEAHAWK helicopter. CPI Aero will be providing Penguin Missile Launcher assemblies. Delivery of these parts will begin in May, 2009. Sikorsky is a subsidiary of United Technologies.

The S-70B SEAHAWK weapon system provides international navies with a modern, battle-proven, in-use, low-risk Anti-Submarine Warfare (ASW) / Anti Surface Warfare (ASuW) mission solution. The weapons management system has a flexible open architecture capable of integrating indigenous weapons and mission equipment.

This award brings the total new year-to-date awards to a record $55.0 million, compared to only $37.7 million for all of last year.