CPI Aerostructures Announces Contract Extension from Spirit AeroSystems for Business Jet Wing Leading Edges Through 2019

CPI Aerostructures, Inc. (“CPI Aero®”) (NYSE MKT: CVU) today announced that it has reached an agreement with Spirit AeroSystems, Inc. (“Spirit”) to extend its contract for manufacturing wing leading edge assemblies for a business jet aircraft through 2019. CPI Aero’s contract, originally signed in 2008, was to have expired at the end of 2013.

The Company also announced that it has received additional purchase orders from Spirit for business jet wing leading edge assemblies that extend CPI Aero’s funded backlog for this program through December 2013.

About CPI Aero

CPI Aero is engaged in the contract production of structural aircraft parts for leading prime defense contractors, the U.S. Air Force, and other branches of the armed forces. CPI Aero also acts as a subcontractor to prime aircraft manufacturers in the production of commercial aircraft parts. In conjunction with its assembly operations, CPI Aero provides engineering, technical and program management services. Among the key programs that CPI Aero supplies are the E-2D Advanced Hawkeye surveillance aircraft, the A-10 Thunderbolt attack jet, the Gulfstream G650, the UH-60 BLACK HAWK helicopter, the S-92® helicopter, the MH-60S mine countermeasure helicopter, AH-1Z ZULU attack helicopter, the HondaJet-Advanced Light Jet, the MH-53 and CH-53 variant helicopters, the C-5A Galaxy cargo jet, the E-3 Sentry AWACS jet, the Embraer Phenom 300 light business jet and the New Cessna Citation X. CPI Aero is included in the Russell 2000® Index.

The above statements include forward looking statements that involve risks and uncertainties, which are described from time to time in CPI Aero’s SEC reports, including CPI Aero’s Form 10-K for the year ended December 31, 2012.

CPI Aero is a registered trademark of CPI Aerostructures, Inc.