Raytheon

CPI Aero winging it with new $48M Boeing contract

By GREGORY ZELLER // A fresh $48 million deal will keep a longtime Long Island defense contractor flying Boeing’s friendly skies for the foreseeable future. Edgewood-based CPI Aerostructures on Thursday announced it has inked an indefinite delivery/indefinite quantity contract with a “maximum ceiling value” of $48 million with Chicago-based aerospace giant Boeing. Building on a decade-plus of support for Boeing’s workhorse A-10 Thunderbolt II fighter planes, the new IDIQ deal will see CPI Aero manufacturing…