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CPI Aerostructures reports lower revenue, higher profit

CPI Aerostructures Inc. Tuesday reported lower fourth-quarter revenue, but a higher profit, as the year-earlier figures were depressed by a charge related to a discontinued program for the A-10 Warthog jet.

The Edgewood manufacturer of structural assemblies for fixed-wing aircraft, helicopters and airborne surveillance pod systems posted revenue of $24.3 million for the quarter ended Dec. 31 versus $31.6 million in the year-earlier period.

Net income was $2.1 million, or 24 cents per

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