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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) 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.

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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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Curtiss-Wright and X-energy sign strategic supplier agreement to advance X-energy's Xe-100 advanced Small Modular Reactor (SMR)
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Curtiss-Wright Corporation (NYSE: CW) announced a dividend of $0.19 per share, payable on October 13, 2022, to shareholders on record as of September 30, 2022. This decision reflects the company's confidence in its long-term financial health.

Curtiss-Wright operates primarily in the Aerospace & Defense sector, leveraging a skilled workforce of 8,000 employees to develop innovative solutions. The company's commitment to engineering excellence is rooted in its historical legacy.

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Curtiss-Wright Corporation (NYSE: CW) has secured contracts worth approximately $120 million to supply generators for the U.S. Navy’s Columbia-class submarine program, which is critical to national defense. The lead submarine is expected to be delivered in 2027. This contract reflects the company's continued commitment to the U.S. Navy, showcasing their expertise over 60 years in providing high-performance products for naval platforms. The work will be carried out at the company’s facility in Cheswick, Pennsylvania.

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Curtiss-Wright Corporation (NYSE: CW) will participate in the Morgan Stanley 10th Annual Laguna Conference on September 15, 2022. Lynn M. Bamford, Chair and CEO, along with K. Christopher Farkas, CFO, will engage in a fireside chat discussion at 3:45 PM PT (6:45 PM ET). No formal presentation is scheduled for this event. A replay of the discussion will be available for 90 days on the company’s website. Curtiss-Wright specializes in engineered products and services for the Aerospace & Defense sectors, leveraging a skilled workforce to deliver innovative solutions.

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Curtiss-Wright Corporation (NYSE: CW) announced that K. Christopher Farkas, CFO, will participate in the Jefferies 2022 Industrials Conference on August 9, 2022. No formal presentation or webcast will be available during this event. For further insights, the latest slide presentation can be accessed in the Investor Relations section of Curtiss-Wright’s website.

As a global leader in highly engineered products and solutions, Curtiss-Wright serves Aerospace & Defense markets and other critical sectors. More information is available at www.curtisswright.com.

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Curtiss-Wright Corporation (NYSE: CW) reported Q2 2022 sales of $609 million, with a diluted EPS of $1.83, reflecting 18% year-over-year growth. The operating margin improved to 16.1%. New orders surged 13% to $776 million, yielding a book-to-bill ratio of 1.27, and the backlog rose to $2.4 billion. The company updated its 2022 guidance, projecting total sales growth of 4% to 6% and adjusted EPS between $8.10 and $8.30. Free cash flow remained strong at $22 million. The acquisition of Safran aerospace is expected to contribute positively to future earnings.

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Curtiss-Wright Corporation (NYSE: CW) has secured contracts exceeding $220 million from Bechtel Plant Machinery and General Dynamics Electric Boat. These contracts will provide propulsion valves, pumps, and advanced instrumentation for the U.S. Navy's Virginia-class submarines, Columbia-class submarines, and Ford-class aircraft carrier programs. The engineering and manufacturing work will continue through 2026 at the company's facilities in New York and Pennsylvania. This contract reinforces Curtiss-Wright's long-standing relationship with the U.S. Navy, reflecting strong Congressional support for naval defense.

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Curtiss-Wright Corporation (NYSE: CW) has priced a private placement debt offering of $300 million, consisting of $200 million in 4.49% notes due 2032 and $100 million in 4.64% notes due 2034. This move aims to strengthen its balance sheet and enhance flexibility for its capital allocation strategy, which includes reinvestment, strategic acquisitions, and shareholder returns. The offering is expected to close in Q4 2023, pending customary conditions.

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Curtiss-Wright Corporation (NYSE: CW) has been awarded a contract by Airbus to supply custom electric actuation technology for the A350F freighter's Main Deck Cargo Door. This collaboration marks Curtiss-Wright's first electromechanical actuation contract with Airbus. The actuation system, featuring rotary and linear actuators, aims to enhance aircraft functionality and fuel efficiency. The A350F is designed to meet ICAO CO2 emissions standards effective in 2027. Manufacturing will occur at Curtiss-Wright's facilities in Shelby, N.C., and Stratford, Ontario.

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Curtiss Wright Corp

NYSE:CW

CW Rankings

CW Stock Data

12.06B
37.42M
0.66%
87.12%
1.17%
Aerospace & Defense
Misc Industrial & Commercial Machinery & Equipment
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United States
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