CPI Aero bags F-16V structural assemblies contract from Lockheed Martin
CPI Aerostructures (CPI Aero) has won a $2.7 million order from Lockheed Martin for manufacturing structural assemblies for the F-16V aircraft.
The order funds additional numbers of Rudder Island and Drag Chute Canister (RI/DCC) assemblies for the advanced fourth generation fighter.
According to CPI Aero, RI/DCC is a large structural sub-assembly which is installed on the tail part of the aircraft.
CPI Aero said that the order takes the total funding authorized so far on the multi-year contract from Lockheed Martin to $20.6 million.
CPI Aero wins contract from Lockheed Martin to manufacture F-16V structural assemblies. Photo courtesy of Coolcaesar at en.wikipedia.
Deliveries on the follow-on order are likely to commence during Q4 2023 and continue up to mid-2024, said the American manufacturer of structural assemblies for fixed wing aircraft.
Dorith Hakim — CPI Aero CEO and President said: “CPI Aero is proud to be part of the F-16 Program. There are over 25 Allied Partner Nation operating the F-16, and Lockheed Martin and the USAF continue to see interest in the F-16V from countries looking to operate it for the first time.
“We are excited to see Lockheed Martin demonstrate, with these additional orders, its continued confidence in CPI Aero to manufacture new structural assemblies that meet or exceed its exacting standards.”