CPI Aerostructures Sees Stock Lift After $9M Follow-On Order From Lockheed Martin
Shares of CPI Aerostructures (NYSE American: CVU) rose 5.8% on Tuesday after the company disclosed further orders from Lockheed Martin Aeronautics totaling $9 million. The work is tied to a previously announced Long Term Agreement and adds funding under an Indefinite Delivery, Indefinite Quantity contract, with shipments scheduled to continue throu…