Exhibit 12.1
CPI AEROSTRUCTURES, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| For the Year Ended December 31, | ||||||||||||||||||||
| 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||
| Pretax income | $ | 10,538,928 | $ | 542,896 | $ | 5,861,007 | $ | 3,853,613 | $ | 3,016,896 | ||||||||||
| Fixed charges: | ||||||||||||||||||||
| Interest expense | $ | 366,491 | $ | 158,406 | $ | 252,961 | $ | 31,847 | $ | 22,441 | ||||||||||
| Interest on rental | 325,902 | 110,133 | 128,588 | 145,247 | 160,236 | |||||||||||||||
| Total earnings | $ | 11,231,321 | $ | 811,435 | $ | 6,242,556 | $ | 4,030,707 | $ | 3,199,573 | ||||||||||
| Ratio of earnings to fixed charges | 16.22 | 3.02 | 16.36 | 22.76 | 17.51 | |||||||||||||||
