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.