CPI Aerostructures: Rises on follow-on order from Lockheed Martin

CPI Aerostructures

17/03/2021 15:44

** Aerospace and defense company's shares  CVU.A  up 9.2% at
$5.3 
    ** Co receives $9.2 mln follow-on order from Lockheed Martin
Corp  LMT.N  to manufacture structural assemblies for new
production F-16 Block 70/72 aircraft  urn:newsml:reuters.com:*:nGNX4P3M9
    ** The new order, the largest under this contract thus far,
more than doubles the order book for this structural assembly to
$17.9 mln, CVU says
    ** Including session's gains, stock up ~41% YTD

 (Reporting by Sahil Shaw in Bengaluru)
 ((sahil.shaw@thomsonreuters.com))