Curtiss-Wright Awarded $27 Million Contract to Provide Aircraft Handling Systems and Support for U.S. Navy Constellation Class Frigates
Curtiss-Wright (NYSE: CW) has secured a $27 million contract from the Canadian Commercial to supply Aircraft Ship Integrated Securing and Traversing (ASIST) systems for U.S. Navy Constellation Class Frigates. The contract is part of a five-year IDIQ agreement potentially valued at nearly $100 million.
The ASIST system, manufactured at Curtiss-Wright's Mississauga facility, is a free-deck landing system enabling helicopter landings with minimal human interaction in extreme sea conditions. The system features precision Helicopter Position Sensing Equipment that tracks aircraft position and provides visual landing cues to pilots.
Curtiss-Wright has established itself as a leading manufacturer of naval helicopter handling systems, supporting navies globally including Australia, Canada, Chile, India, Singapore, Spain, Turkey, and the United States. The company has a 40-year history of partnership with CCC on U.S. military contracts.
Curtiss-Wright (NYSE: CW) ha ottenuto un contratto da 27 milioni di dollari dalla Canadian Commercial per fornire sistemi di integrazione e traversata degli aerei (ASIST) per le fregate della classe Constellation della Marina degli Stati Uniti. Il contratto fa parte di un accordo IDIQ di cinque anni, potenzialmente valutato quasi 100 milioni di dollari.
Il sistema ASIST, realizzato presso lo stabilimento di Curtiss-Wright a Mississauga, è un sistema di atterraggio su ponte libero che consente atterraggi di elicotteri con un'interazione umana minima in condizioni marine estreme. Il sistema è dotato di un'attrezzatura di rilevamento della posizione degli elicotteri di precisione che monitora la posizione dell'aereo e fornisce indicazioni visive di atterraggio ai piloti.
Curtiss-Wright si è affermata come uno dei principali produttori di sistemi di gestione degli elicotteri navali, supportando le marine a livello globale, tra cui Australia, Canada, Cile, India, Singapore, Spagna, Turchia e Stati Uniti. L'azienda ha una storia di partnership di 40 anni con CCC su contratti militari statunitensi.
Curtiss-Wright (NYSE: CW) ha asegurado un contrato de 27 millones de dólares con la Canadian Commercial para suministrar sistemas de Integración y Desplazamiento de Aeronaves (ASIST) para las fragatas de Clase Constellation de la Marina de EE. UU. El contrato forma parte de un acuerdo IDIQ de cinco años, que podría tener un valor cercano a los 100 millones de dólares.
El sistema ASIST, fabricado en la planta de Curtiss-Wright en Mississauga, es un sistema de aterrizaje libre en la cubierta que permite aterrizajes de helicópteros con mínima interacción humana en condiciones marítimas extremas. El sistema cuenta con un equipo de detección de posición de helicópteros de precisión que rastrea la posición de la aeronave y proporciona señales visuales de aterrizaje a los pilotos.
Curtiss-Wright se ha consolidado como un fabricante líder de sistemas de manejo de helicópteros navales, apoyando a las marinas a nivel mundial, incluidos Australia, Canadá, Chile, India, Singapur, España, Turquía y los Estados Unidos. La empresa tiene una historia de 40 años de asociación con CCC en contratos militares de EE. UU.
Curtiss-Wright (NYSE: CW)는 캐나다 상업으로부터 미 해군 컨스텔레이션급 호위함에 대한 항공기 통합 고정 및 이동(ASIST) 시스템을 공급하기 위해 2700만 달러의 계약을 체결했습니다. 이 계약은 거의 1억 달러의 가치가 있을 것으로 예상되는 5년 IDIQ 계약의 일환입니다.
미시사가에 있는 Curtiss-Wright의 시설에서 제조된 ASIST 시스템은 극한 해양 조건에서 최소한의 인력 개입으로 헬리콥터 착륙을 가능하게 하는 자유 데크 착륙 시스템입니다. 이 시스템은 항공기 위치를 추적하고 조종사에게 시각적 착륙 신호를 제공하는 정밀 헬리콥터 위치 감지 장비를 갖추고 있습니다.
Curtiss-Wright는 호주, 캐나다, 칠레, 인도, 싱가포르, 스페인, 터키, 미국을 포함하여 전 세계 해군을 지원하는 해양 헬리콥터 운용 시스템의 선도적인 제조업체로 자리 잡았습니다. 이 회사는 미국 군 계약으로 CCC와의 40년 파트너십의 역사를 가지고 있습니다.
Curtiss-Wright (NYSE: CW) a obtenu un contrat de 27 millions de dollars de la Canadian Commercial pour fournir des systèmes d'intégration et de traversée d'aéronefs (ASIST) pour les frégates de classe Constellation de la Marine américaine. Le contrat fait partie d'un accord IDIQ de cinq ans, potentiellement évalué à près de 100 millions de dollars.
Le système ASIST, fabriqué dans l'usine de Curtiss-Wright à Mississauga, est un système d'atterrissage sur pont libre permettant des atterrissages d'hélicoptères avec une interaction humaine minimale dans des conditions maritimes extrêmes. Le système dispose d'un équipement de détection de position d'hélicoptère de précision qui suit la position de l'aéronef et fournit des indicateurs d'atterrissage visuels aux pilotes.
Curtiss-Wright s'est imposé comme un fabricant leader de systèmes de manipulation d'hélicoptères navals, soutenant les marines du monde entier, y compris celles d'Australie, du Canada, du Chili, de l'Inde, de Singapour, d'Espagne, de Turquie et des États-Unis. L'entreprise a une histoire de partenariat de 40 ans avec CCC sur des contrats militaires américains.
Curtiss-Wright (NYSE: CW) hat einen Vertrag über 27 Millionen Dollar von der Canadian Commercial erhalten, um Systeme zur integrierten Sicherung und Traversierung von Flugzeugen (ASIST) für die Constellation-Klasse-Fregatten der US Navy zu liefern. Der Vertrag ist Teil einer fünfjährigen IDIQ-Vereinbarung, die potenziell einen Wert von nahezu 100 Millionen Dollar haben könnte.
Das ASIST-System, das in der Produktionsstätte von Curtiss-Wright in Mississauga hergestellt wird, ist ein freies Decklandesystem, das Helikopterlandungen mit minimaler menschlicher Interaktion unter extremen Seebedingungen ermöglicht. Das System verfügt über präzise Geräte zur Positionsbestimmung von Helikoptern, die die Position des Flugzeugs verfolgen und visuelle Landemar-kierungen für die Piloten bereitstellen.
Curtiss-Wright hat sich als führender Hersteller von Systemen zur Handhabung von Marinehelikoptern etabliert und unterstützt weltweit Marinen, darunter Australien, Kanada, Chile, Indien, Singapur, Spanien, die Türkei und die Vereinigten Staaten. Das Unternehmen hat eine 40-jährige Geschichte der Partnerschaft mit CCC bei US-Militärverträgen.
- Secured new $27 million contract for ASIST systems
- Part of larger IDIQ contract potentially worth $100 million
- Established market presence with multiple international naval contracts
- 40-year track record of successful military partnerships
- None.
Insights
The
The contract strengthens Curtiss-Wright's position in the naval systems market, building on their established relationships with multiple international navies. The IDIQ structure provides revenue visibility and potential for additional orders over the five-year period. Based on similar programs, the per-ship value suggests this contract could cover systems for approximately 4-6 frigates initially.
The ASIST system represents cutting-edge helicopter handling technology, utilizing advanced position sensing and automated tracking systems that significantly enhance operational safety. The system's ability to facilitate landings with minimal human interaction in extreme conditions is a critical technological advantage for naval operations.
For investors, the key technical differentiator is the precision Helicopter Position Sensing Equipment system, which gives Curtiss-Wright a competitive moat in this specialized market. The company's track record with eight different national navies validates the technology's reliability and market acceptance. Think of ASIST as an automated air traffic controller specifically designed for ship-helicopter operations - it's that critical for naval aviation safety.
This contract is particularly noteworthy given Curtiss-Wright's
The timing aligns well with increasing global naval modernization efforts, particularly in Indo-Pacific regions. For retail investors, this contract reinforces Curtiss-Wright's position as a stable defense contractor with high-value, specialized products and long-term government relationships.
“We are pleased to have been selected by CCC to continue to provide our experience and expertise as a leading supplier of integrated shipboard helicopter handling systems operating at extreme seas conditions,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. “This award reflects our commitment to provide the most advanced and reliable aircraft handling systems to support the safe landing and traversing of Naval manned aircraft for the
“Canadian expertise in helicopter landing systems is at the forefront of aviation safety and innovation. The success of Curtiss-Wright’s technologies reinforces Canada’s position as a global leader in this critical area of aerospace technology,” said Diane Montambault, Vice President of Contract Management and Operations, CCC.
Curtiss-Wright is a leading manufacturer of naval helicopter handling systems, undersea sensor handling, and ship aviation support systems for large and complex naval defense programs, and has secured contracts globally supporting navies in
Curtiss-Wright’s ASIST system is a proven free-deck landing system that enables helicopter landings to be made with limited human interaction in extreme sea environments. During descent, ASIST's precision Helicopter Position Sensing Equipment system continuously tracks and monitors the exact position of the aircraft, relative to the designated landing area and displays it to the pilot through a series of visual landing cues. In addition to supplying the
Curtiss-Wright is performing the work within its EMS division within the Naval & Power segment. For more information on Curtiss-Wright naval aircraft handling systems, please visit https://www.cw-ems.com/indal/.
About Curtiss-Wright Corporation
Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of approximately 8,800 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit www.curtisswright.com.
About CCC
CCC is Canada’s government to government contracting agency. We help build successful commercial relationships between Canadian businesses and governments around the world through our government to government contracting approach. We are also the
This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs and assumptions. Such statements, including statements relating to Curtiss-Wright Corporation's expectations of future performance of our aircraft handling systems products, additional contracts with an existing customer, the continued funding by the
View source version on businesswire.com: https://www.businesswire.com/news/home/20250121659701/en/
Jim Ryan
(704) 869-4621
jim.ryan@curtisswright.com
Source: Curtiss-Wright Corporation
FAQ
What is the value of Curtiss-Wright's (CW) new contract for the U.S. Navy Constellation Class Frigates?
What technology will Curtiss-Wright (CW) provide for the Constellation Class Frigates?
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Where will Curtiss-Wright (CW) manufacture the ASIST systems for the U.S. Navy contract?
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