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Curtiss-Wright Corp. - CW STOCK NEWS

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) is a diversified, multinational provider of highly engineered, technologically advanced products and services. Founded through the merger of companies established by the Wright brothers and Glenn Curtiss in 1929, Curtiss-Wright has evolved from being the largest aircraft company of its time to a global leader in innovative solutions for various industries.

Today, Curtiss-Wright operates in multiple sectors, including commercial, industrial, defense, and energy markets. The company designs and manufactures advanced technologies that perform critical functions under demanding conditions. Their range of products includes industrial vehicle components, control systems, weapons handling systems, pumps, valves, and other sophisticated solutions.

Curtiss-Wright is structured into three main operating segments:

  • Naval & Power: This segment provides essential products such as coolant pumps, power-dense compact motors, generators, secondary propulsion systems, valves, and control rod drive mechanisms. It represents a significant portion of the company's revenue.
  • Aerospace & Industrial: This division caters to the aerospace and various industrial markets, offering high-performance platforms that demand technical excellence.
  • Defense Electronics: This segment focuses on advanced electronic solutions for defense applications, ensuring reliability and performance in critical scenarios.

With operations in the United States, the United Kingdom, Canada, and several other international locations, Curtiss-Wright is well-positioned to serve a global clientele. The company's dedication to innovation and quality has cemented its reputation as a key player in its industry.

Recent achievements and ongoing projects highlight Curtiss-Wright's commitment to excellence. The company continues to secure significant contracts and develop cutting-edge technologies that drive its growth and maintain its competitive edge. Financially, Curtiss-Wright remains robust, consistently delivering solid performance and value to its shareholders.

For investors seeking the latest updates and relevant information about Curtiss-Wright's stock performance, events, and developments, keeping an eye on their latest news and announcements is essential.

Rhea-AI Summary
Curtiss-Wright Corporation (NYSE: CW) reported strong financial results for Q2 2023, with sales of $704 million, up 16% compared to the previous year. The company also raised its full-year 2023 adjusted financial guidance, with sales expected to grow by 7% to 9% and diluted EPS expected to increase by 10% to 13%. Backlog increased by 9% year-to-date, reaching $2.8 billion.
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Rhea-AI Summary
Curtiss-Wright Corporation (NYSE: CW) has been awarded contracts worth over $250 million to provide propulsion valves, pumps, and advanced instrumentation and control systems for the U.S. Navy's Virginia-class nuclear powered attack submarine, Columbia-class submarine, and Ford-class aircraft carrier programs. The contracts were received from Bechtel Plant Machinery, Inc. (BPMI) and General Dynamics Electric Boat to support ship construction, spare parts, and submarine back-fit procurements. The company's long-standing relationship with the U.S. Nuclear Navy and strong Congressional support reflect its ongoing commitment to critical naval defense platforms. Curtiss-Wright's work will continue through 2028, with a focus on delivering advanced, reliable, and vital technologies for the U.S. naval fleet.
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Curtiss-Wright Corporation to release Q2 2023 financial results on August 2, 2023
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FAQ

What is the current stock price of Curtiss-Wright (CW)?

The current stock price of Curtiss-Wright (CW) is $370.82 as of November 22, 2024.

What is the market cap of Curtiss-Wright (CW)?

The market cap of Curtiss-Wright (CW) is approximately 14.1B.

What does Curtiss-Wright Corporation do?

Curtiss-Wright Corporation designs and manufactures highly engineered, technologically advanced products and services for commercial, industrial, defense, and energy markets.

What are the main segments of Curtiss-Wright Corporation?

Curtiss-Wright's main segments are Naval & Power, Aerospace & Industrial, and Defense Electronics.

Where is Curtiss-Wright Corporation headquartered?

Curtiss-Wright Corporation is headquartered in the United States with operations in the United Kingdom, Canada, and other international locations.

When was Curtiss-Wright Corporation founded?

Curtiss-Wright Corporation was founded in 1929 through the merger of companies established by the Wright brothers and Glenn Curtiss.

What products does the Naval & Power segment offer?

The Naval & Power segment offers coolant pumps, power-dense compact motors, generators, secondary propulsion systems, valves, and control rod drive mechanisms.

What markets does Curtiss-Wright Corporation serve?

Curtiss-Wright serves commercial, industrial, defense, and energy markets.

What is the stock symbol for Curtiss-Wright Corporation?

The stock symbol for Curtiss-Wright Corporation is CW.

How can I stay updated with the latest news about Curtiss-Wright?

You can stay updated with the latest news by visiting financial news websites, following Curtiss-Wright's official announcements, and checking stock market updates.

What are some recent achievements of Curtiss-Wright Corporation?

Curtiss-Wright continues to secure significant contracts and develop cutting-edge technologies that drive growth and maintain its competitive edge.

How does Curtiss-Wright contribute to the defense industry?

Curtiss-Wright contributes to the defense industry by providing advanced electronic solutions and high-performance platforms that ensure reliability in critical scenarios.

Curtiss-Wright Corp.

NYSE:CW

CW Rankings

CW Stock Data

14.08B
37.68M
0.69%
84.54%
0.78%
Aerospace & Defense
Misc Industrial & Commercial Machinery & Equipment
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United States of America
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