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.
Curtiss-Wright Corporation (NYSE: CW) plans to announce its Q4 and full-year 2022 financial results on February 21, 2023 after market close. A webcast conference call is scheduled for February 22, 2023, at 9:00 AM ET, featuring CEO Lynn M. Bamford and CFO K. Christopher Farkas. Investors can access the financial report and webcast via the company's Investor Relations page. Curtiss-Wright is recognized for delivering engineered solutions primarily in the Aerospace & Defense sectors, supported by a talented workforce of 8,000 employees.
Curtiss-Wright Corporation (NYSE: CW) has announced that CEO
Curtiss-Wright specializes in highly engineered products and solutions primarily for the Aerospace & Defense markets, employing approximately 8,000 skilled workers.
Curtiss-Wright Corporation (NYSE: CW) has declared a dividend of $0.19 per share, with payment scheduled for December 1, 2022. Shareholders on record as of November 23, 2022 will receive this dividend. The company operates in Aerospace & Defense markets, providing engineered products and services, supported by a skilled workforce of 8,000 employees. This announcement reflects Curtiss-Wright's ongoing commitment to return value to its shareholders.
Curtiss-Wright Corporation (NYSE: CW) has acquired Keronite Group Limited for $35 million in cash. Keronite specializes in Plasma Electrolytic Oxidation (PEO) surface treatments that enhance performance characteristics of lightweight metals. The acquisition is projected to generate approximately $9 million in sales for 2022 and is expected to be neutral to CW's adjusted diluted earnings per share in its first full year. The integration aligns with CW’s strategic priorities and aims to leverage existing customer relationships for long-term growth.
Curtiss-Wright Corporation (CW) reported third quarter 2022 financial results with sales of $631 million and diluted EPS of $1.91. Adjusted operating income rose by 6% to $114 million, with an operating margin of 18.2%. New orders surged 32% year-over-year to $818 million, boosting backlog to $2.6 billion. However, full-year sales growth guidance was revised down to 2%-4% from 4%-6%, and adjusted free cash flow guidance decreased to $275-$315 million due to supply chain disruptions.
Curtiss-Wright Corporation (NYSE: CW) has been awarded a contract worth approximately $19 million by Global Air Navigation Services to supply aircraft arresting systems to the United Arab Emirates Ministry of Defense. This contract underscores Curtiss-Wright's reputation as a leading supplier in military aircraft safety solutions. The work will be conducted within the company's EMS division, utilizing expertise from its U.S. and France facilities. This contract enhances airbase safety and strengthens existing partnerships.
Curtiss-Wright Corporation (NYSE: CW) has successfully completed a private placement debt offering of $300 million. This includes $200 million in 4.49% senior notes due 2032 and $100 million in 4.64% senior notes due 2034. The net proceeds will be used for general corporate purposes, including reducing debt and potential acquisitions. CEO Lynn M. Bamford indicated that this financing enhances the company's balance sheet and supports long-term profitable growth.
Curtiss-Wright Corporation (NYSE: CW) announced that CEO Lynn M. Bamford and CFO K. Christopher Farkas will participate in the Baird 2022 Global Industrial Conference. The event will include a fireside chat on November 10, 2022, at 7:55 am CT (8:55 am ET), with no formal presentation scheduled. Investors can access a webcast and the latest slide presentation through the company's Investor Relations page. The discussion will be available for replay for 90 days after the event.
Curtiss-Wright Corporation (NYSE:CW) will announce its third quarter 2022 financial results on November 2, 2022, post-market close. A conference call, hosted by CEO Lynn M. Bamford and CFO K. Christopher Farkas, is scheduled for November 3, 2022, at 10:00 am ET. Investors can access the press release and webcast through the Investor Relations section of their website. The company specializes in providing engineered products and services primarily for Aerospace & Defense sectors.
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