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    Art Winston

    seasoned investment professional who most recently served as Portfolio Manager at Pilot Advisors

    Art Winston is a seasoned investment professional who most recently served as Portfolio Manager at Pilot Advisors, a registered investment adviser specializing in long/short equity hedge funds. Over his twelve-year tenure at Pilot Advisors, he managed portfolios that included coverage of various public companies, applying his expertise in equity research and investment strategy. Winston began his career in 1967 at Irving Trust Company and advanced through roles at Merrill Lynch, Rudman Associates, Warburg Pincus, Glickenhaus & Co., and Paradigm Investors, amassing over five decades of experience with sixteen years as Partner and Portfolio Manager at Glickenhaus & Co. He holds a B.A. in Economics from Duke University and an M.B.A. from Columbia University, and currently serves as Senior Advisor to Enterprise Value Capital Management.

    Art Winston's questions to CPI AEROSTRUCTURES (CVU) leadership

    Art Winston's questions to CPI AEROSTRUCTURES (CVU) leadership • Q3 2020

    Question

    Art Winston of Pilot Advisors asked for an outlook on the A-10 program for 2021, specifically concerning anticipated revenue, shipments, cash flow, and operating profit.

    Answer

    President and CEO Doug McCrosson stated that the A-10 program has a funded backlog of approximately $18 million to $20 million and is expected to be profitable in 2021 with margins around 20%. He projected the program's revenue would grow by about $4 million to $5 million in 2021, making it a significant and growing contributor to sales for 2021 and 2022.

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