Cpi Aerostructures, Inc. · AMEX:CVU
Cpi Aerostructures — NobleCon15 - Noble Capital Markets' 15th Annual Institutional Emerging Growth Investor Con (January 2019)
23 slides from Cpi Aerostructures's conference presentation, Jan 28, 2019
Slide 1: Expertise in Aerospace Technologies
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 1 Click to edit Master title style Expertise in Aerospace Technologies Expertise in Aerospace Technologies Nob
Slide 2: Forward-Looking Statements
2 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 2 Forward - Looking Statements This presentation contains forward - looking statements that involve risks an
Slide 3: CPI Aerostructures - At A Glance
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 3 3 TTM : $ 82.2 M REVENUE* $ 442.2 M TOTAL BACKLOG** YEARS 40 EMPLOYEES*** 225 FACILITIES 171,000 ft 2 ACTIVE
Slide 4: CPI Aerostructures – Investment Highlights
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 4 4 CPI Aerostructures – Investment Highlights Unique Tier 1 Strategy in the Aerospace & Defense Supply Chain
Slide 5: Supplementing Growth through Acquisitions - Welding Metallurgy, Inc. (WMI)
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 5 Supplementing Growth through Acquisitions - Welding Metallurgy, Inc. (WMI) Specialty Welding Tube Bending Wiring / Cables / Harnesses Products deployed on a wide range of prominent military aircraft • Ad
Slide 6: CPI Aero is…. Unique Business Model focused on Mixed Commodity Assembly
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 6 CPI Aero is…. Tier 3 Tier 1 Tier 2 OEM Components or detailed parts Manufacture subassemblies Manufacture ai
Slide 7: Broadened Scope of Capabilities – Committed to Operational Excellence
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 7 Broadened Scope of Capabilities – Committed to Operational Excellence • Program Management • Manufacturing E
Slide 8: Aerostructures, Aerosystems and Kitting & SCM programs
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 8 8 AEROSTRUCTURES AEROSYSTEMS UTAS DB - 110 NGC ALMDS NGC AN / ASQ - 236 Raytheon NGJ Mid - Band UTC TacSAR K
Slide 9: Recent contract awards
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 9 Aerostructures Aerosystems Kitting & SCM Sikorsky UH - 60M Black Hawk Bell / Textron AH - 1Z Viper Sikorsky
Slide 10: Driven by Renewed Strength in Defense Budget
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 10 Driven by Renewed Strength in Defense Budget Presence on prominent defense programs with strong funding Def
Slide 11: Large and Diversified Backlog Drives Strong Visibility
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 11 ‘08 ‘09 ’10 ’11 ’12 ’13 ‘14 ‘15 ‘16 ‘17 ‘18 ‘19 ‘20 ‘21 ‘22 ‘23 ‘24 ‘25 Large and Diversified Backlog Drive
Slide 12: Welding Metallurgy Inc. – Integration Update and Unaudited Select Financials
12 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 12 Welding Metallurgy Inc. – Integration Update and Unaudited Select Financials • Integration of WMI operat
Slide 13: Backlog
13 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 13 Backlog Consolidated Backlog at 9/30/2018: $442.2 Million Defense Backlog at $366.3 Million $ 366.3M $ 7
Slide 14: Bid Pipeline (11/07/18)
14 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 14 Bid Pipeline (11/07/18) Virtually all bids are at the Prime Contractor or Tier 1 level Defense opportuni
Slide 15: Near-Term Program Opportunities
15 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 15 Near - Term Program Opportunities KITTING & SUPPLY CHAIN MANAGEMENT AEROSTRUCTURES • Foreign Sales of F
Slide 16: Future Opportunities
16 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 16 T - X Trainer F - 16V (FMS) Northrop Grumman B - 21 Lockheed Martin F - 35 CH - 53K Helicopter SEASPARRO
Slide 17: Executive Leadership with Extensive Industry Expertise
17 Executive Leadership with Extensive Industry Expertise Nazz Palmerini Vice President Programs Jay Mulhall Vice President Business Development Douglas McCrosson President & CEO Vincent Palazzolo Chief Financial Officer Barry Fratello Vice President Administration Ken Hauser Vice President Global S
Slide 18: 2018 Financial Guidance (ASC 606 basis)
18 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 18 Revenue Pre - tax Income Effective Tax Rate • $ 82.0M – $ 85.0M • $ 8.0M – $ 8.2M • 19% – 21% 2018 Finan
Slide 19: Conclusion
19 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 19 Conclusion • Stable, near - term business with meaningful, long - term growth opportunities • Defense ma
Slide 20: Financial Appendix
20 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 20 Financial Appendix
Slide 21: Recent Financial Highlights
21 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 21 Recent Financial Highlights For the Three Months Ended September 30, 201 8 2017 (Unaudited) (Unaudited)
Slide 22: Balance Sheet Highlights
22 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 22 ($ in Millions, except per share value) Balance Sheet Highlights As of September 30, 2018 Contract Asset
Slide 23: Thank You
23 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 23 Thank You CPI Aerostructures Vincent Palazzolo, Chief Financial Officer (631) 586 - 5200 www.cpiaero.com