WASHINGTON, DC 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

     Date of report (Date of earliest event reported): September 19, 2007

                           CVD EQUIPMENT CORPORATION
             (Exact Name of Registrant as Specified in Its Charter)

                                    New York
         (State or Other Jurisdiction of Incorporation or Organization)

                1-16525                             11-2621692
                -------                             ----------
       (Commission File Number)            (IRS Employer Identification No.)

                 1860 Smithtown Ave., Ronkonkoma, New York 11779
          (Address of Principal Executive Offices, Including Zip Code)

                                 (631) 981-7081
              (Registrant's Telephone Number, Including Area Code)

          (Former Name or Former Address, if Changed Since Last Report)

          Check the  appropriate box below if the Form 8-K filing is intended to
          simultaneously  satisfy the filing  obligation of the registrant under
          any of the following  provisions (see General Instruction A.2. below):

     [ ]  Written  communications  pursuant to Rule 425 under the Securities Act
          (17 CFR 230.425)

     [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
          CFR 240.14a-12)

     [ ]  Pre-commencement  communications  pursuant to Rule 14d-2(b)  under the
          Exchange Act (17 CFR 240.14d-2(b))

     [    ] Pre-commencement  communications pursuant to Rule 13e-4(c) under the
          Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On September 18, 2007 a settlement was reached between the Company and Precision
Flow Technologies,  Inc. ("PFT") of their pending litigation. Under the terms of
the  settlement,  all  claims  and  counterclaims  asserted  by the  parties  in
previously  filed  lawsuits  were  discontinued  in  consideration  of which the
Company will receive payments totaling $541,600.


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                          CVD EQUIPMENT CORPORATION

Date: September 19, 2007                 /s/ Leonard A. Rosenbaum
                                         Name: Leonard A. Rosenbaum
                                         Title:   Chief Executive Officer and