Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Akanksha Bakshi

CPI Aero Secures $4M Contract From Collins For Airborne Pod System

Collins (Organization) CPI NYSE CVU Collins Aerospace CPI Aerostructures Inc

CPI Aerostructures Inc (NYSE:CVU) has secured a $4 million purchase order from Collins Aerospace, a unit of Raytheon Technologies Corp (NYSE:RTX), to manufacture the Tactical Synthetic Aperture Radar (TacSAR) intelligence, surveillance, and reconnaissance (ISR) system.
TacSAR is a long-range synthetic aperture radar system designed for overland and maritime reconnaissance and surveillance.
Under this new contract, CPI will complete non-recurring engineering (NRE) and tool development and build one prototype pod that Collins will use to complete the required test and evaluation of the TacSAR system.
Price Action: CVU shares are trading higher by 3.75% at $2.77 and RTX lower by 0.50% at $100.24 on the last check Thursday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Russia-Ukraine war live: Blinken says US arms will make real difference as Russia claims advances in northern Kharkiv region

Russia-Ukraine war live: Blinken says US arms will make real difference as Russia claims advances in northern Kharkiv region

Mission to Kyiv by US secretary of state comes after Congress approved long-delayed $60bn aid package; Russia claims to have captured Buhruvatka

The Guardian - UK

Collapsed Baltimore bridge span comes down with a boom

Collapsed Baltimore bridge span comes down with a boom

The detonation marked a major step in freeing the Dali, which has been stuck among the wreckage since it crashed into one of the bridge's support columns shortly after leaving Baltimore on March 26.

Trump pledges to scrap offshore wind projects on ‘day one’ of presidency

Trump pledges to scrap offshore wind projects on ‘day one’ of presidency

The Republican frontrunner has vowed to put an end to ‘horrible’ wind turbines, pledging to undo yet another key US green policy

The Guardian - US

FAA bill would force the agency to craft 'real world' rules for airplane evacuations

FAA bill would force the agency to craft 'real world' rules for airplane evacuations

Federal regulators say all airline passengers must be able to evacuate a plane within 90 seconds. The FAA reauthorization bill would require the agency to reconsider its testing standards.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Sketchy stem-cell treatments in Mexico led to drug-resistant infections

Sketchy stem-cell treatments in Mexico led to drug-resistant infections

Three U.S. hospital patients contracted drug-resistant infections in Mexico in 2022 and were still being treated as of March 2024.

Space Force aims to launch 1st 'Foo Fighter' satellites in 2027 to track hypersonic threats

Space Force aims to launch 1st 'Foo Fighter' satellites in 2027 to track hypersonic threats

The U.S. Space Force's Space Development Agency has ordered the first eight satellites for its upcoming 'FOO Fighter' hypersonic missile-tracking constellation.

Related Stories

Top stories on inkl right now

Russia-Ukraine war live: Blinken says US arms will make real difference as Russia claims advances in northern Kharkiv region

Russia-Ukraine war live: Blinken says US arms will make real difference as Russia claims advances in northern Kharkiv region

Mission to Kyiv by US secretary of state comes after Congress approved long-delayed $60bn aid package; Russia claims to have captured Buhruvatka

The Guardian - UK

Collapsed Baltimore bridge span comes down with a boom

Collapsed Baltimore bridge span comes down with a boom

The detonation marked a major step in freeing the Dali, which has been stuck among the wreckage since it crashed into one of the bridge's support columns shortly after leaving Baltimore on March 26.

Trump pledges to scrap offshore wind projects on ‘day one’ of presidency

Trump pledges to scrap offshore wind projects on ‘day one’ of presidency

The Republican frontrunner has vowed to put an end to ‘horrible’ wind turbines, pledging to undo yet another key US green policy

The Guardian - US

FAA bill would force the agency to craft 'real world' rules for airplane evacuations

FAA bill would force the agency to craft 'real world' rules for airplane evacuations

Federal regulators say all airline passengers must be able to evacuate a plane within 90 seconds. The FAA reauthorization bill would require the agency to reconsider its testing standards.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Sketchy stem-cell treatments in Mexico led to drug-resistant infections

Sketchy stem-cell treatments in Mexico led to drug-resistant infections

Three U.S. hospital patients contracted drug-resistant infections in Mexico in 2022 and were still being treated as of March 2024.

Space Force aims to launch 1st 'Foo Fighter' satellites in 2027 to track hypersonic threats

Space Force aims to launch 1st 'Foo Fighter' satellites in 2027 to track hypersonic threats

The U.S. Space Force's Space Development Agency has ordered the first eight satellites for its upcoming 'FOO Fighter' hypersonic missile-tracking constellation.

Our Picks

Inside the rise and fall of Ashley Madison: ‘People literally lost their lives’

A new Netflix docuseries explores how the site that enabled married people to have affairs devolved into chaos back in 2015

The Guardian - US

Should Baby Reindeer’s creator have written about his alleged stalker? I did the same thing – and it helped me heal

In my novel, I approached the subject with caution. It allowed me to feel pity for the person who made my life hell, says the writer Paul Burston

The Guardian - UK

AI-generated spam is starting to fill social media. Here's why

A Jesus made of vegetables, bizarre log cabins, products that don't exist. AI-generated images are creating new forms of clickbait and causing some users to doubt what's real.

Oliver touts favorite Eurovision star

A man with "blonde locks and pervert glasses hatching out of a denim egg? It’s like Botticelli’s 'Birth of Venus'"

Is sleeping in separate beds the secret to a happy relationship?

One couple and three relationship experts weigh in

David Sanborn, jazz saxophonist known for work with David Bowie and more, dies aged 78

Musician who played sax solo on Young Americans and released a series of Grammy-winning albums dies from prostate cancer

The Guardian - UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play