Welcome to our dedicated page for Curtiss Wright news (Ticker: CW), a resource for investors and traders seeking the latest updates and insights on Curtiss Wright stock.
Curtiss-Wright Corporation (NYSE: CW) delivers mission-critical engineering solutions for aerospace, defense, and industrial markets. This news hub provides investors and industry professionals with authoritative updates on corporate developments, technological advancements, and strategic initiatives shaping this global innovator.
Access real-time press releases covering earnings disclosures, defense contract awards, and product launches for naval propulsion components, flight control systems, and power generation technologies. Our curated collection ensures transparent tracking of CW's performance across three core segments: Naval & Power, Aerospace & Industrial, and Defense Electronics.
Stay informed about partnership announcements, R&D milestones, and regulatory filings impacting CW's position in advanced motion control and ruggedized electronics. Content is rigorously verified to support analysis of market trends, operational efficiency, and long-term growth drivers in precision engineering sectors.
Bookmark this page for streamlined monitoring of CW's innovations in aircraft actuation systems, nuclear reactor components, and military vehicle subsystems. Regular updates empower stakeholders to assess how the company's 90-year engineering legacy informs its response to evolving industrial demands.
Curtiss-Wright (NYSE: CW) has secured a $16 million contract with Iron Bow, the prime contractor, to supply the U.S. Air Force with an integrated tactical networking solution aimed at improving deployable communications.
The contract includes providing PacStar® 400 series modules and Commercial Solutions for Classified (CSfC) integration, enabling global connectivity to Department of Defense Information Networks (DoDIN).
This solution incorporates software automation to enhance connectivity and security across various classification levels. The contract’s estimated lifetime value exceeds $60 million and will be executed by Curtiss-Wright's Defense Solutions division until the end of 2027.
Curtiss-Wright (NYSE: CW) announced that its Chair and CEO, Lynn M. Bamford, along with Vice President and CFO, K. Christopher Farkas, will participate in the Wolfe Research 17th Annual Global Transportation & Industrials Conference.
The event includes a fireside chat discussion and a simultaneous webcast on May 22, 2024, at 12:45pm ET. No formal presentations will be held. The webcast and latest slide presentation can be accessed via Curtiss-Wright's Investor Relations section on their website. A replay will be available for 90 days post-event.
Curtiss-Wright (NYSE: CW) announced contracts exceeding $130 million to supply critical components for U.S. Navy's Virginia-class and Columbia-class submarines, and Ford-class aircraft carriers.
The deals include propulsion valves, pumps, and advanced instrumentation. These contracts, awarded by Bechtel Plant Machinery, Inc. (BPMI), support ship construction, spare parts, and submarine back-fit procurements.
Engineering and manufacturing will occur in New York and Pennsylvania facilities and will continue until 2029. Curtiss-Wright's technologies enhance safety, efficiency, and reduce costs for naval operations.
Curtiss-Wright (NYSE: CW) announced a $300 million increase in share repurchase authorization, raising the total to $400 million, along with a 5% dividend increase to $0.21 per share. This decision showcases the company's commitment to providing returns to its shareholders and reflects confidence in its financial strength and ability to generate free cash flow.
Curtiss-Wright (NYSE: CW) reported strong first-quarter 2024 financial results with sales of $713 million, up 13%, operating income of $100 million, up 27%, and diluted EPS of $1.99. The company raised its full-year 2024 guidance, increasing sales growth to 5-7%, operating income to 5-8%, and diluted EPS to $10.10-$10.40, up 8-11%. Curtiss-Wright also maintained its free cash flow range of $415-$435 million.
