InvestorsHub Logo
Followers 46
Posts 4447
Boards Moderated 0
Alias Born 07/26/2010

Re: SSKILLZ1 post# 66549

Thursday, 12/05/2019 9:53:26 AM

Thursday, December 05, 2019 9:53:26 AM

Post# of 112715
CVU 6.56 - joined you here with a first position. The CEO is seriously upbeat...

“We delivered an exceptional quarter of growth and performed well operationally while advancing our strategic priorities for 2019. Revenue growth in the quarter was driven principally by our WMI subsidiary and from our Northrop Grumman E-2D Advanced Hawkeye and Raytheon Next Generation Jammer - Mid Band programs. We continued to win new contracts at a strong pace with the addition of several substantial awards and incremental new contracts for WMI and total backlog at September 30 is the highest in our history at $534 million,” stated Douglas McCrosson, president and CEO of CPI Aero. “New contract momentum has continued into the fourth quarter, including an award from Raytheon to produce prototypes of a pod. We were also pleased to be recognized for our capabilities and expertise with the receipt last month of an Aviation Week Program Excellence Award for our work on Next Generation Jammer- Mid Band.”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.