CPI Aerostructures awarded Lot 5 production contract by Raytheon

CPI Aerostructures (CVU) announced that Raytheon, an RTX (RTX) business, authorized CPI Aero to begin manufacturing of Pods and Air Management System, AMS, for the follow-on Lot 5 Production phase of the Next Generation Jammer Mid-Band, NGJ-MB, program. Initial funding is set at $21.1 million with a not-to-exceed of $42.3 million. This Lot 5 contract award supports deliveries beginning in 2027. “CPI is proud to be a key supplier to Raytheon across several Strategic Business Units and Product Lines. This award is in recognition of CPI Aero’s performance delivering Next Generation Jammer-Mid Band Pods and AMS on or ahead of schedule. The U.S. Navy and Raytheon communicated how critical the need is for this capability and we are proud to be meeting our commitment to Raytheon, the U.S. Navy, and the Warfighter,” stated Dorith Hakim, president and CEO of CPI Aero.