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Home > Company Index > Aerospace & Defense > Aerospace/Defense - Products > CPI Aerostructures, Inc.

CPI Aerostructures, Inc.
AMEX: CVU
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 NEWS FROM THE STANDARD
Not Even Greenspan Is Infallible
Feb 13 2001 05:34 PM PST

 PROFILE
To build aircraft or printed circuit boards from scratch, assembly definitely is required. CPI Aerostructures makes aircraft subassemblies, including engine housings (nacelles), aprons, and engine mounts. It also makes machined parts for commercial aircraft, and machined and replacement parts (spoilers, flaps, ducts, skins, doors) for military aircraft. Over 75% of CPI's sales are from military contracts; NORDAM accounts for 23% of sales. Subsidiary Kolar -- which accounts for more than 70% of CPI's sales -- makes precision parts and subassemblies for printed circuit board manufacturing equipment. Universal Instrument Corp. accounts for most of Kolar's sales. Chairman and CEO Arthur August owns about 25% of CPI.

 COMPETITION
Goodrich Corporation (GR)
Northrop Grumman Corporation (NOC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 28.60
1-Yr. Sales Growth: 32.4%
Employees: 23
Revenue per employee: $1,243,478.26

 KEY PEOPLE
• Arthur August
    CEO
• Edward J. Fred
    CFO

 CONTACT INFO
200A Executive Dr.
Edgewood, NY 11717
US
Phone: 631-586-5200
Fax: 631-586-5814
Online: Web Site

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