CPI Aerostructures Inc. reported its financial results for the second quarter and the first six months of 2025. The company experienced a decrease in revenue, recording $15.2 million for the second quarter compared to $20.8 million in the same period of 2024. For the first half of 2025, revenue stood at $30.6 million, down from $39.9 million in the first half of 2024. The net loss for the second quarter was $1.3 million, contrasting with a net income of $1.4 million in the second quarter of the previous year. Over the six-month period, the company reported a net loss of $2.6 million, compared to a net income of $1.6 million in the first half of 2024. The company attributed part of its financial decline to a $2.3 million write-off associated with the termination of the A-10 Program by The Boeing Company and the impending retirement of the A-10 fleet. This program's impact amounted to $4.5 million for the first six months of 2025. Despite these challenges, CPI Aerostructures reported progress in transitioning to new programs, including the delivery of the first Advanced Tactical Flight Pod to Raytheon. The company also reduced its total debt to $16.2 million, an all-time low. CPI Aerostructures ended the quarter with a strong backlog of $506 million, including new program awards from Raytheon, Sikorsky, Lockheed, the US Air Force, and Embraer. The company aims to capitalize on growth opportunities by leveraging its relationships with customers.