CPI Aerostructures, Inc. (“CPI Aero ®”) (NYSE MKT: CVU) today announced that it is a recipient of Penton’s Aviation Week’s best-in-class “A&D Companies to Watch” Award.
Federal spending cuts required by sequestration have significantly impacted the nation’s aerospace and defense programs. To assist industry professionals in determining how programs are being affected and where government is likely to place its bets, Penton’s Aviation Week will hold its annual Aerospace & Defense Programs Conference on November 13-14, 2013 at the Arizona Biltmore in Phoenix, AZ.
The event features the “2013 Aviation Week Program Excellence Awards” and the “A&D Companies to Watch” program.
The “A&D Companies to Watch” program, developed to serve the strategic sourcing needs of aerospace and defense supply chain and engineering/technology executives, provides a listing of 20 select companies with annual revenues of less than $100 million.CPI Aero was one of the top five “A&D Companies to Watch” to be identified as best-in-class. The classification was based on the need for such companies' products and services, their fitness as a supplier, and demonstrated ability to develop and bring to market products and services needed by the industry. The five companies identified as best-in-class are:
- CPI Aerostructures, Inc.
- Frontier Electronics Systems
- Plasma Ruggedized
- Swift Engineering Inc.
- Verify Inc.