<SEC-DOCUMENT>0000892712-24-000056.txt : 20240313
<SEC-HEADER>0000892712-24-000056.hdr.sgml : 20240313
<ACCEPTANCE-DATETIME>20240313115558
ACCESSION NUMBER:		0000892712-24-000056
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240313

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CPI AEROSTRUCTURES INC
		CENTRAL INDEX KEY:			0000889348
		STANDARD INDUSTRIAL CLASSIFICATION:	AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				112520310
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-46461
		FILM NUMBER:		24745086

	BUSINESS ADDRESS:	
		STREET 1:		200A EXECUTIVE DR
		CITY:			EDGEWOOD
		STATE:			NY
		ZIP:			11717
		BUSINESS PHONE:		5165865200

	MAIL ADDRESS:	
		STREET 1:		91 HEARTLAND BLVD
		CITY:			EDGEWOOD
		STATE:			NY
		ZIP:			11717

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CALM WATERS PARTNERSHIP
		CENTRAL INDEX KEY:			0001144819
		ORGANIZATION NAME:           	
		IRS NUMBER:				396220593

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		780 NORTH WATER STREET
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		414-273-3500

	MAIL ADDRESS:	
		STREET 1:		780 NORTH WATER STREET
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001144819</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Common Stock, $.001 par value</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/07/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000889348</issuerCik>
        <issuerName>CPI AEROSTRUCTURES INC</issuerName>
        <issuerCusip>125919308</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>91 HEARTLAND BOULEVARD</com:street1>
          <com:city>EDGEWOOD</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>11717</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>CALM WATERS PARTNERSHIP</reportingPersonName>
      <citizenshipOrOrganization>WI</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>635938.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>635938.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>635938.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.0</classPercent>
      <typeOfReportingPerson>PN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>STRONG RICHARD S</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>635938.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>635938.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>635938.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>5.0</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>CPI AEROSTRUCTURES INC</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>91 HEARTLAND BOULEVARD, EDGEWOOD, NEW YORK, 11717.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Calm Waters Partnership
Richard S. Strong</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>All reporting persons may be contacted at:
c/o Godfrey &amp; Kahn, S.C.
833 East Michigan Street, Suite 1800
Milwaukee, WI 53202</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Calm Waters Partnership is a Wisconsin general partnership.
Richard S. Strong is a United States citizen.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>See responses to Item 9 of the cover pages.</amountBeneficiallyOwned>
        <classPercent>See responses to Item 11 of the cover pages.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>For information on voting and dispositive power with respect to the above listed shares, see Items 5-8 on the Cover Pages.</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>For information on voting and dispositive power with respect to the above listed shares, see Items 5-8 on the Cover Pages.</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>For information on voting and dispositive power with respect to the above listed shares, see Items 5-8 on the Cover Pages.</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>For information on voting and dispositive power with respect to the above listed shares, see Items 5-8 on the Cover Pages.</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
        <classOwnership5PercentOrLess>N</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>Exhibit 1 - Joint Filing Agreement</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>CALM WATERS PARTNERSHIP</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Richard S. Strong</signature>
        <title>Richard S. Strong, Managing Partner</title>
        <date>03/11/2024</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>STRONG RICHARD S</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Richard S. Strong</signature>
        <title>Richard S. Strong</title>
        <date>03/11/2024</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
  <documents>
    <com:document>
      <com:conformedName>exhibit1.htm</com:conformedName>
      <com:conformedDocumentType>EX-1</com:conformedDocumentType>
      <com:description>Exhibit 1 - Joint Filing Agreement</com:description>
      <com:contents>PEhUTUw+DQo8SEVBRD4NCjxUSVRMRT48L1RJVExFPg0KPC9IRUFEPg0KPEJPRFk+DQoNCg0K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</com:contents>
    </com:document>
  </documents>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>exhibit1.htm
<DESCRIPTION>EXHIBIT 1 - JOINT FILING AGREEMENT
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right"><U>Exhibit 1</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>JOINT FILING AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">In accordance with Rule 13d-1(k)(1) under the Securities Exchange
Act of 1934, as amended, each of the undersigned hereby agrees to the joint filing with the other reporting person of a statement on Schedule
13G (including amendments thereto) with respect to the Common Stock, $0.001 par value, of CPI Aerostructures, Inc. and that this Agreement
be included as an Exhibit to such joint filing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">IN WITNESS WHEREOF, the undersigned hereby execute this Agreement
this 11th day of March, 2024.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Calibri, Helvetica, Sans-Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 48%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CALM WATERS PARTNERSHIP</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: &nbsp;&nbsp;/s/ Richard S. Strong</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: &nbsp;/s/ Richard S. Strong</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Richard S. Strong</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Richard S. Strong</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">Managing Partner</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0 0 6pt">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
