CPS Technologies Pockets SBIR Contract For Lightweight UH-60 Flooring Development

by Akanksha Bakshi, Benzinga Editor
April 4, 2023 10:45 AM | 1 min read |
  • CPS Technologies Corporation CPSH has secured a Phase I Small Business Innovative Research (SBIR) contract from the U.S. Army.
  • Phase I of this contract is for $250,000 and will be conducted over six months.
  • Under the contract, CPSH will develop lightweight, reconfigurable UH-60 flooring. CPSH will develop a structural armor floor system for the UH-60 fleet that reduces aircraft weight while maximizing mission configuration flexibility.
  • The SBIR program allows small businesses to compete their solutions with best-in-class companies and institutions.
  • Price Action: CPSH shares are trading lower by 0.68% at $2.89 on the last check Tuesday.
Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Comments
Posted In: NewsPenny StocksContractsBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!