Curtiss-Wright Awarded Contracts by Rheinmetall to Provide Turret Drive Stabilization Systems for Boxer Heavy Weapon Carriers and Lynx Infantry Fighting Vehicles
Curtiss-Wright (NYSE: CW) has secured multiple contracts to provide turret drive aiming and stabilization technology to Rheinmetall for two major European defense programs. The contracts cover the supply of Turret Drive Stabilization System (TDSS) for the German Army's Boxer Heavy Weapon Carrier and the Hungarian Ministry of Defence's Lynx infantry fighting vehicles (IFV).
The TDSS technology will enable these ground vehicles to maintain target accuracy while moving at full speed. For the German Army contract, shipments will run through 2029. The Hungarian contract consists of two phases, with Phase 1 involving TDSS systems manufactured in Switzerland, and Phase 2 including production in both Switzerland and Australia, with shipments scheduled through 2027.
Curtiss-Wright (NYSE: CW) ha ottenuto diversi contratti per fornire tecnologia di puntamento e stabilizzazione del sistema di torretta a Rheinmetall per due importanti programmi di difesa europei. I contratti riguardano la fornitura del Systema di Stabilizzazione della Torretta (TDSS) per il Boxer Heavy Weapon Carrier dell'Esercito Tedesco e per i veicoli da combattimento della fanteria Lynx del Ministero della Difesa ungherese.
La tecnologia TDSS permetterà a questi veicoli terrestri di mantenere l'accuratezza del bersaglio mentre si muovono a piena velocità. Per il contratto con l'Esercito Tedesco, le spedizioni si protrarranno fino al 2029. Il contratto ungherese è suddiviso in due fasi, con la Fase 1 che prevede sistemi TDSS prodotti in Svizzera e la Fase 2 che include la produzione sia in Svizzera che in Australia, con spedizioni programmate fino al 2027.
Curtiss-Wright (NYSE: CW) ha asegurado múltiples contratos para proporcionar tecnología de apuntado y estabilización de torretas a Rheinmetall para dos importantes programas de defensa europeos. Los contratos cubren el suministro del Sistema de Estabilización de Torretas (TDSS) para el transportador de armas pesadas Boxer del Ejército Alemán y los vehículos de combate de infantería Lynx del Ministerio de Defensa de Hungría.
La tecnología TDSS permitirá a estos vehículos terrestres mantener la precisión del objetivo mientras se mueven a plena velocidad. Para el contrato del Ejército Alemán, los envíos se realizarán hasta 2029. El contrato húngaro consta de dos fases, con la Fase 1 que involucra sistemas TDSS fabricados en Suiza, y la Fase 2 que incluye producción tanto en Suiza como en Australia, con envíos programados hasta 2027.
커티스-라이트 (NYSE: CW)는 두 가지 주요 유럽 방위 프로그램을 위해 라인메탈에 포탑 구동 조준 및 안정화 기술을 제공하는 여러 계약을 체결했습니다. 이 계약은 독일 육군의 복서 중화기 운반차와 헝가리 국방부의 린스 보병 전투 차량(IFV)에 대한 포탑 구동 안정화 시스템 (TDSS)의 공급을 포함합니다.
TDSS 기술은 이러한 지상 차량이 전속력으로 이동하면서도 목표 정확성을 유지할 수 있게 해줍니다. 독일 육군 계약의 경우, 선적은 2029년까지 진행될 예정입니다. 헝가리 계약은 두 단계로 구성되어 있으며, 1단계는 스위스에서 제조된 TDSS 시스템을 포함하고 2단계는 스위스와 호주에서 생산되며, 선적은 2027년까지 예정되어 있습니다.
Curtiss-Wright (NYSE: CW) a obtenu plusieurs contrats pour fournir une technologie de visée et de stabilisation de tourelle à Rheinmetall pour deux grands programmes de défense européens. Les contrats concernent la fourniture du Système de Stabilisation de Tourelle (TDSS) pour le transporteur de lourdes armes Boxer de l'armée allemande et pour les véhicules de combat d'infanterie Lynx du ministère de la Défense hongrois.
La technologie TDSS permettra à ces véhicules terrestres de maintenir la précision des cibles tout en se déplaçant à pleine vitesse. Pour le contrat de l'armée allemande, les expéditions s'étendront jusqu'en 2029. Le contrat hongrois se compose de deux phases, la phase 1 impliquant des systèmes TDSS fabriqués en Suisse et la phase 2 incluant une production en Suisse et en Australie, avec des expéditions prévues jusqu'en 2027.
Curtiss-Wright (NYSE: CW) hat mehrere Verträge gesichert, um Rheinmetall Technologie zur Zielansteuerung und Stabilisierung von Drehgestellen für zwei bedeutende europäische Verteidigungsprogramme bereitzustellen. Die Verträge umfassen die Lieferung des Drehgestell-Stabilisierungssystems (TDSS) für den Boxer Schweren Waffen Träger der Bundeswehr und die Lynx Schützenpanzer des ungarischen Verteidigungsministeriums.
Die TDSS-Technologie ermöglicht es diesen Bodenfahrzeugen, die Zielgenauigkeit bei voller Geschwindigkeit aufrechtzuerhalten. Für den Vertrag mit der Bundeswehr werden die Lieferungen bis 2029 erfolgen. Der ungarische Vertrag besteht aus zwei Phasen, wobei Phase 1 TDSS-Systeme umfasst, die in der Schweiz hergestellt werden, und Phase 2 die Produktion sowohl in der Schweiz als auch in Australien beinhaltet, mit Lieferungen, die bis 2027 geplant sind.
- Multiple new defense contracts secured with Rheinmetall
- Long-term revenue stream with contracts extending to 2027 and 2029
- Geographic expansion into European defense markets
- Potential for growth in international defense revenues amid increased NATO spending
- None.
Insights
These contracts with Rheinmetall represent a strategic win for Curtiss-Wright in the European land systems market. The timing is particularly favorable given the significant increase in defense spending across NATO countries, especially in Eastern Europe following elevated regional tensions.
The German and Hungarian programs are part of broader military modernization initiatives that will likely continue for years, potentially leading to follow-on orders. Curtiss-Wright's Turret Drive Stabilization System addresses a critical battlefield requirement - maintaining targeting accuracy while moving - that becomes increasingly important in modern, fast-paced combat scenarios.
The modular architecture of their system creates potential for additional revenue streams throughout the vehicle lifecycle, as it allows military customers to implement capability upgrades without complete system replacement. These contracts also strengthen Curtiss-Wright's position with Rheinmetall, one of Europe's largest defense contractors, potentially opening doors to additional programs as European militaries continue modernization efforts.
The multi-year nature of these contracts (through 2027 and 2029) provides valuable revenue visibility in an environment where defense budgets are increasing but programs can face political uncertainty.
The production strategy outlined for these contracts showcases Curtiss-Wright's global manufacturing capabilities. Initial production at their Swiss facility leverages their European expertise while maintaining proximity to the German customer. The phased approach for the Hungarian contract, transitioning to dual-country production including Australia, demonstrates supply chain flexibility and risk mitigation.
The mention of leveraging their "global partner network" for gyroscope production highlights their ability to orchestrate complex, multi-tier supply chains for sophisticated defense components. This approach optimizes production while likely maintaining compliance with various national security and local content requirements that often accompany defense contracts.
The multi-year delivery schedules through 2027 and 2029 provide stable production planning horizons, allowing for operational efficiencies and potential economies of scale. The company appears well-positioned to handle the manufacturing complexities of defense contracts across international boundaries, which is increasingly important as defense supply chains face greater scrutiny regarding resilience and geopolitical considerations.
Under the agreements, Curtiss-Wright will supply Rheinmetall’s Vehicle Systems Europe and Vehicle Systems International divisions with its cost-effective, scalable Turret Drive Stabilization System (TDSS) and other system components in support of these programs. Curtiss-Wright's TDSS will enable these ground vehicles to maintain target location accuracy and precise turret stabilization, even while moving at full speed. Further, it uniquely enables system designers to upgrade and add stabilization functionality as mission requirements change, allowing system integrators to choose the right level of motion control and stability for the platform.
“We are proud to have been selected by Rheinmetall to provide our turret drive stabilization solution supporting the German Army’s Heavy Weapon Carrier and the Hungarian Defence Forces’ Zrínyi 2026 military modernization and rearmament program,” said Lynn M. Bamford, Chair and Chief Executive Officer of Curtiss-Wright Corporation. “These contracts demonstrate the growing demand for our turret drive aiming and stabilization technology in support of vital European combat vehicles. In addition, these awards highlight our strong opportunity to grow Curtiss-Wright’s international defense revenues, given the targeted increases in NATO spending and a global rising threat environment.”
Curtiss-Wright’s facility, located in Neuhausen am Rheinfall,
Curtiss-Wright will also deliver its state-of-the-art TDSS and associated controllers to Rheinmetall for use on the Hungarian MoD’s Lynx IFV. During Phase 1 of the contract, Curtiss-Wright will deliver TDSS systems solely manufactured in
To learn more about Curtiss-Wright’s turret drive stabilization system solutions, please click here.
For additional information, please visit www.curtisswrightds.com and LinkedIn.
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.
Note: Trademarks are property of their respective owners.
This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, including statements relating to Curtiss-Wright’s expectations of a continued relationship with an existing customer, the continued funding and success of these ground vehicle programs, and the performance of its products in these programs, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in US and Foreign government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities Exchange Act of 1934, as amended, for further information.
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Investors: Jim Ryan
(704) 869-4621
jim.ryan@curtisswright.com
Source: Curtiss-Wright Corporation
FAQ
What is the duration of Curtiss-Wright's contract for the German Army's Boxer Heavy Weapon Carrier?
Where will Curtiss-Wright manufacture the TDSS systems for the Hungarian Lynx IFV contract?
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