CPI Aero Gets Second Multi-Year Contract And Funded Order For F-16 Aircraft Structures; - Long Term Agreement Not To Exceed $34.4M And Initial $10.4M Order
Author: Benzinga Newsdesk | August 28, 2023 08:02am
Under the terms of the contract with Lockheed Martin, CPI Aero will provide Rudder Island and Drag Chute Canister (RI/DCC) assemblies for the F-16. The RI/DCC is a large structural sub-assembly installed under the vertical tail section of the aircraft. Deliveries are expected to begin in 2025 and continue through 2028.
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