March 22, 2018 / 10:25 AM / a month ago

BRIEF-CPI Aerostructures To Acquire Welding Metallurgy Inc

March 22 (Reuters) - Cpi Aerostructures Inc:

* CPI AEROSTRUCTURES TO ACQUIRE WELDING METALLURGY, INC.

* CPI AEROSTRUCTURES INC - DEAL FOR ‍$9.0 MILLION IN CASH​

* CPI AEROSTRUCTURES INC - TRANSACTION IS EXPECTED TO BE ACCRETIVE TO 2018 EARNINGS PER SHARE

* CPI AEROSTRUCTURES INC - DEAL CALLS FOR UP $1.0 MILLION IN CASH TO BE PAID TO AIR INDUSTRIES IF WMI ENTERS INTO CERTAIN LONG-TERM SUPPLY DEALS DURING 2018​ Source text for Eikon: Further company coverage:

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