Cpi Aerostructures, Inc. · AMEX:CVU

Cpi Aerostructures — G. Research 25th Annual Aerospace & Defense Conference 2019

19 slides from Cpi Aerostructures's conference presentation, Sep 5, 2019

  1. Slide 1: Expertise in Aerospace Technologies

    1Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsExpertise in Aerospace TechnologiesG. Research 25 th Annual Aerospace & Defense ConferenceNew York CitySeptember 5, 2019

  2. Slide 2: Disclosure Statements

    2Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsDisclosure StatementsForward - Looking StatementsThis presentation contains forward - looking statements that involve risks and uncertainties . All statements, other than statements of historical fact, inc

  3. Slide 3: At a Glance

    3Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsRevenue*$ 447.6 MTotal Backlog**40YearsTTM: $ 94.2 MFacilities250 +Active Suppliers290 +Employees***171,000 ft 2Defense / Commercial (Rev)11.8 MShares Outstanding~$ 96 MMarket Capitalization***68/32Image r

  4. Slide 4: Investment Highlights

    4Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsInvestment HighlightsUnique Tier 1 Strategy in the Aerospace & Defense Supply Chain1Broad Product and Services Portfolio2Robust Bid Pipeline and Improving Defense Outlook3Large and Diversified Backlog Driv

  5. Slide 5: Diverse Product and Services Portfolio

    5Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsDiverse Product and Services PortfolioAEROSTRUCTURESAEROSYSTEMS. UTAS DB - 110 . NGC ALMDS . NGC AN / ASQ - 236 . Raytheon NGJ Mid - Band . UTC TacSARWingsInlets / NacellesMROSecondary StructuresPodsSpecia

  6. Slide 6: Unique Business Model focused on Mixed Commodity Assembly

    6Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsUnique Business Model focused on Mixed Commodity AssemblyCPI Aero is…Tier 1 to:Prime to:Tier 2 to:Tier 3Tier 2Tier 1OEMComponents or detailed partsManufacture s uba s se m bli e sManufacture aircraft secti

  7. Slide 7: Broadened Scope of Capabilities – Committed to Operational Excellence

    7Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsBroadened Scope of Capabilities – Committed to Operational Excellence• Program Management • Manufacturing Engineering – Reverse Engineering – Tool Design and Fabrication – Bonding of components – Finishing

  8. Slide 8: Three Business Segments - Revenues

    8Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations $47.99 $30.35 $15.88 Aero structures Aerosystems Kitting Three Business Segments - Revenues 61%39%$ 94.22 million 99.7%0.3%96%4%51 % of LTM Q2 2019 Revenues33 % of LTM Q2 2019 Revenues 16 % of LTM Q2 2019

  9. Slide 9: Growing Business Momentum

    9Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsGrowing Business MomentumAerostructuresAerosystemsKitting & SCMLockheed MartinF - 16VBell / TextronAH - 1ZViperSikorskyUH - 60MBlack HawkHondaJetEliteSikorskyUH - 60MBlack HawkRaytheon SEASPARROWRaytheon N

  10. Slide 10: Driven by Renewed Strength in Defense Budget

    10Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationshttp://www.aviationnews.eu/blog/wp-content/uploads/2009/07/Second-E-2D-Advanced-Hawkeye-Next-Phase-of-Flight-Testing.JPG Driven by Renewed Strength in Defense BudgetPresence on prominent defense programs

  11. Slide 11: Backlog Supports Focus on Aerospace & Defense Strategy

    11Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations$385.3$62.3Backlog Supports Focus on Aerospace & Defense Strategy86%14%21%79%Total Backlog$ 447.6 million *Backlog represents remaining potential value of long term agreementsDefense / CommercialFunded /

  12. Slide 12: Large and Diversified Backlog Drives Strong Visibility

    12Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsLarge and Diversified Backlog Drives Strong Visibility‘08‘09’10’11’12’13‘14‘15‘16‘17‘18‘19‘20‘21‘22‘23‘24‘25Next Generation Jammer Increment 1 PodT - 38C Talon TrainerE - 2D Advanced Hawkeye (Multi - Year

  13. Slide 13: Growth Drivers and Estimated 3-Year Growth Outlook

    13Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations$18.3$45.5$20.1Growth Drivers% of Backlogat 6/30/19KeyPlatformsEstimated 3 - YearGrowth Outlook22%A - 10, F - 16,UH - 60, HondaJet12% - 18%42%NGJ - MB, F - 35, DB - 110UH - 60, CH - 53K, Sea Sparrow16 % -

  14. Slide 14: Aligned with Increasing Domestic and Global Defense Budgets

    14Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsAligned with Increasing Domestic and Global Defense Budgets• CPI Aero strategic business development priorities aligned with funding for technologies and capabilities proposed in GFY2020 defense spending

  15. Slide 15: Bid Pipeline and Continued Diversification

    15Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations54%39%7%Bid Pipeline (at 30 July 2019)Continued DiversificationAcross Product CategoriesVirtually all proposals are at the Tier 1 (95%) level99%1%Defense - weighted with commercial bids imminentDefenseCom

  16. Slide 16: Near-Term Program Opportunities

    16Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsNear - Term Program Opportunities• Intelligence, Surveillance & Reconnaissance (ISR) Pods • Electronic Warfare (EW) Pods • Electronic Racks & Step Assemblies• A - 10 Wing Replacement Program (WRP) • Vario

  17. Slide 17: Future Opportunities

    17Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsFuture OpportunitiesUnmanned Aerial SystemsSpaceHypersonicsEW/ISR Pods

  18. Slide 18: Conclusion

    18Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsConclusion• Stable, near - term business with meaningful, long - term growth opportunities • Defense market focus yielding large, diversified and growing backlog • Strong defense portfolio with good balan

  19. Slide 19: 19Information subject to ITAR regulationsImage CPI AerostructuresVincent Palazzolo, Chief Financial Officer(631) 586 …

    19Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulationsImage CPI AerostructuresVincent Palazzolo, Chief Financial Officer(631) 586 - 5200www.cpiaero.comInvestor Relations CounselSanjay M. Hurry, LHA Investor Relations (212) 838 - 3777 cpiaero@lhai.com

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