Articles from Curtiss-Wright Corporation

Curtiss-Wright Corporation (NYSECW) today announced that it has completed the acquisition of Ultra Nuclear Limited and Weed Instrument Co., Inc. (“Ultra Energy”) for $200 million in cash. Ultra Energy is a leading global provider of safety-critical measurement and control systems to the Commercial Nuclear and Aerospace & Defense markets.

Curtiss-Wright Corporation (NYSECW) today announced a $100 million expansion of its 2024 share repurchase program, which it expects to complete via a 10b5-1 program by the end of the year. This program will be conducted in concurrence with the existing $50 million share repurchase program being executed this year, and follows the recent completion of a $100 million opportunistic program that was executed in the third quarter. As a result, the Company now expects annual share repurchases of $250 million in 2024.

Curtiss-Wright’s EMS Division today announced that it has delivered the first submarine component with an additively manufactured (AM) impeller that will be installed in a U.S. Navy vessel.

Curtiss-Wright Corporation (NYSECW) today announced that Paul J. Ferdenzi, Vice President, General Counsel and Corporate Secretary, plans to retire after a distinguished 25-year career with the Company. Mr. Ferdenzi will continue to serve as a Vice President of the Company to assist the Executive Team with the transition until his retirement at the end of this year.

Curtiss-Wright Corporation (NYSECW) today announced that the Board of Directors declared a quarterly dividend of twenty-one cents ($0.21) per share on Curtiss-Wright Common Stock, payable December 3, 2024, to stockholders of record as of November 22, 2024.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Baird 2024 Global Industrial Conference. A fireside chat discussion and simultaneous webcast will take place on Thursday, November 14, 2024, at 9:40 am CT (10:40 am ET). There will be no formal presentation at this event.

Curtiss-Wright Corporation (NYSECW) reports financial results for the third quarter ended September 30, 2024.

Curtiss-Wright Corporation (NYSECW) congratulates X-Energy Reactor Company, LLC (X-energy) on its collaboration with Amazon to generate and deliver more than 5 gigawatts of new power projects across the U.S. by 2039, representing the largest commercial deployment target of Small Modular Reactors (SMRs) to date. The partnership will support future carbon-free projects that will use X-energy’s Xe-100 advanced SMRs as well as long-term power purchase agreements to power Amazon operations, including energy-intensive data centers.

Curtiss-Wright Corporation (NYSECW) expects to release its third quarter 2024 financial results after the close of trading on Wednesday, October 30, 2024. A webcast conference call will be held on Thursday, October 31, 2024 at 10:00 am ET for management to discuss the Company’s third quarter 2024 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.

Curtiss-Wright’s Nuclear Division and Westinghouse Electric Company announced today that they have signed a Memorandum of Understanding (MoU) to support AP1000® and AP300™ projects in Canada. The MoU leverages Curtiss-Wright’s comprehensive and diverse portfolio of advanced nuclear power equipment, technology, and services to complement Westinghouse’s resources in new build opportunities.

Curtiss-Wright Corporation (NYSECW) today announced a $100 million expansion of its 2024 share repurchase program, which is now expected to result in annual share repurchases of $150 million in 2024. In addition, the Board of Directors declared a quarterly dividend of twenty-one cents ($0.21) per share on Curtiss-Wright Common Stock, payable October 11, 2024 to stockholders of record as of September 27, 2024.

Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded a $26 million multi-year contract by the Belgian Air Force to implement a modernization program for its aircraft arresting systems.

Curtiss-Wright Corporation (NYSECW) will commemorate the 95th anniversary of its listing on the New York Stock Exchange (NYSE) by ringing The Closing Bell® today, Thursday, August 29, at 4:00 p.m. EDT. The Company began trading on the NYSE on August 22, 1929.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in three upcoming investor conferences and conduct meetings with members of the investment community, including:

Curtiss-Wright Corporation (NYSECW) today announced that K. Christopher Farkas, Vice President and Chief Financial Officer, will participate virtually in the Seaport Research Partners Annual Summer Investor Conference on Tuesday, August 20, 2024.

Curtiss-Wright Corporation (NYSECW) reports financial results for the second quarter ended June 30, 2024.

Curtiss-Wright Corporation (NYSECW) and Saipem have reached a significant milestone for the subsea applications industry: the completion of the qualification process of an all-electric seabed barrier fluid-less pump. Developed based on proprietary solutions inherited from the nuclear sector, this unprecedented technology will enable the subsea injection of treated sea water into a reservoir, thus extending the lifecycle of subsea fields.

Curtiss-Wright Corporation (NYSECW) expects to release its second quarter 2024 financial results after the close of trading on Wednesday, August 7, 2024. A webcast conference call will be held on Thursday, August 8, 2024 at 10:00 am ET for management to discuss the Company’s second quarter 2024 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.

Curtiss-Wright Corporation (NYSECW) today announced that it entered into an agreement to acquire the stock of Ultra Nuclear Limited and Weed Instrument Co., Inc. (“Ultra Energy”), a subsidiary of Ultra Electronics, for $200 million in cash. Ultra Energy is a leading designer and manufacturer of reactor protection systems, neutron monitoring systems, radiation monitoring systems, and temperature and pressure sensors that facilitate the safe and reliable operation of commercial nuclear power generation plants, and support UK nuclear defense, as well as aerospace and industrial applications.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in two upcoming investor conferences on June 4-6, 2024:

Curtiss-Wright Corporation (NYSECW) announced that it is hosting an Investor Day in New York City today beginning at 8:30 a.m. EDT, reaffirming full-year 2024 financial guidance and providing its initial long-term outlook through 2026.

Curtiss-Wright Corporation (NYSECW) today announced it has been awarded a $16 million contract by Iron Bow, acting as the prime contractor, to provide the U.S. Air Force (USAF) with an integrated solution that provides optimization and improvement for deployable communications. Under the contract, Curtiss-Wright will provide the USAF with its PacStar® 400 series modules and Commercial Solutions for Classified (CSfC) integration. Curtiss-Wright’s products have been approved to provide connectivity to Department of Defense Information Networks (DoDIN) from anywhere in the world. In addition, Curtiss-Wright’s solution will use software automation to improve connectivity and network security for multiple classification levels. The contract has an estimated lifetime value in excess of $60 million.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Wolfe Research 17th Annual Global Transportation & Industrials Conference. A fireside chat discussion and simultaneous webcast will take place on Wednesday, May 22, 2024, at 12:45pm ET. There will be no formal presentation at this event.

Curtiss-Wright Corporation (NYSECW) today announced it has been awarded contracts valued in excess of $130 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 awards were received from Bechtel Plant Machinery, Inc. (BPMI) to support ship construction, spare parts and submarine back-fit procurements.

Curtiss-Wright Corporation (NYSECW) today announced that the Board of Directors has authorized an additional $300 million for future share repurchases, increasing the total available authorization to $400 million, and declared a 5% increase in the quarterly dividend to twenty-one cents ($0.21) per share, payable July 5, 2024 to stockholders of record as of June 17, 2024.

Curtiss-Wright Corporation (NYSECW) reports financial results for the first quarter ended March 31, 2024.

Curtiss-Wright Corporation (NYSECW) expects to release its first quarter 2024 financial results after the close of trading on Wednesday, May 1, 2024. A webcast conference call will be held on Thursday, May 2, 2024 at 10:00 am ET for management to discuss the Company’s first quarter 2024 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.

Curtiss-Wright Corporation (NYSECW) today announced that it has completed the acquisition of WSC, Inc. for approximately $34 million in cash. WSC is a leading provider of state-of-the-art simulation technology that supports the design, commissioning, and reliable operation of commercial nuclear power generation and process plants worldwide with an installed base of over 225 plant simulators.

Curtiss-Wright Corporation (NYSECW) today announced that it will host an Investor Day in New York City on Tuesday, May 21, 2024, beginning at 8:30 a.m. ET.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Citi 2024 Global Industrial Tech and Mobility Conference. A fireside chat discussion and simultaneous webcast will take place on Thursday, February 22, 2024, at 9:40am ET. There will be no formal presentation at this event.

Curtiss-Wright Corporation (NYSECW) reports financial results for the fourth quarter and full-year ended December 31, 2023.

Curtiss-Wright Corporation (NYSECW) today announced that it has signed a Technology Cooperation Agreement with PETRÓLEO BRASILEIRO S.A. – PETROBRAS NYSE: PBRNYSEPBR)

Curtiss-Wright Corporation (NYSECW) today announced that the Board of Directors declared a dividend of twenty cents ($0.20) per share on Curtiss-Wright Common Stock, payable April 15, 2024 to stockholders of record as of March 28, 2024.

Curtiss-Wright Corporation (NYSECW) expects to release its fourth quarter and full-year 2023 financial results after the close of trading on Wednesday, February 14, 2024. A webcast conference call will be held on Thursday, February 15, 2024 at 10:00 am ET for management to discuss the Company’s fourth quarter and full-year 2023 financial performance as well as expectations for 2024 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.

Curtiss-Wright Corporation (NYSECW) today announced that the Board of Directors declared a dividend of twenty cents ($0.20) per share on Curtiss-Wright Common Stock, payable December 1, 2023 to stockholders of record as of November 22, 2023.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Baird 2023 Global Industrial Conference. A fireside chat discussion and simultaneous webcast will take place on Thursday, November 9, 2023, at 10:15 am CT (11:15 am ET). There will be no formal presentation at this event.

Curtiss-Wright Corporation (NYSECW) reports financial results for the third quarter ended September 30, 2023.

Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded a contract by General Dynamics Land Systems (GDLS) to provide its Modular Open Systems Approach (MOSA) compliant technology for use in the Managed Switch Field Upgrade program for the U.S. Army’s Stryker ground combat vehicle.

Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded a five-year, $34 million firm-fixed-price indefinite delivery, indefinite quantity (IDIQ) contract by the Naval Surface Warfare Center (NSWC) to provide Modular Open Systems Approach (MOSA) based airborne data recorder technology for use on U.S. and Australian manned and unmanned maritime aircraft.

Curtiss-Wright Corporation (NYSECW) expects to release its third quarter 2023 financial results after the close of trading on Wednesday, November 1, 2023. A webcast conference call will be held on Thursday, November 2, 2023 at 10:00 am ET for management to discuss the Company’s third quarter 2023 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.

Curtiss-Wright Corporation (NYSECW) today announced that the Board of Directors declared a dividend of twenty cents ($0.20) per share on Curtiss-Wright Common Stock, payable October 12, 2023 to stockholders of record as of September 29, 2023.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate virtually in the Seaport Research Partners Annual Summer Investor Conference on Tuesday, August 22, 2023.

Curtiss-Wright Corporation (NYSECW) reports financial results for the second quarter ended June 30, 2023.

Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded contracts valued in excess of $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 awards were received from Bechtel Plant Machinery, Inc. (BPMI) and General Dynamics Electric Boat to support ship construction, spare parts and submarine back-fit procurements.

Curtiss-Wright Corporation (NYSECW) expects to release its second quarter 2023 financial results after the close of trading on Wednesday, August 2, 2023. A webcast conference call will be held on Thursday, August 3, 2023 at 10:00 am ET for management to discuss the Company’s second quarter 2023 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.

PARIS AIRSHOW – Honeywell (NASDAQHON) and Curtiss-Wright Corporation NYSE: CWNYSECW)

Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded a $24 million contract from Nellis Air Force Base to provide Flight Test Instrumentation (FTI) equipment in support of the F-35 Technology Refresh 3 (TR-3) program. Technology Refresh 3 represents a series of critical upgrades to the F-35′s hardware and software meant to improve its displays, memory and computer processing capability and support future modernization capabilities.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in two upcoming investor conferences:

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Wolfe Research 16th Annual Global Transportation & Industrials Conference. A fireside chat discussion and simultaneous webcast will take place on Thursday, May 25, 2023, at 11:30am ET. There will be no formal presentation at this event.

Curtiss-Wright Corporation (NYSECW) today announced that the Board of Directors declared a 5% increase in the quarterly dividend to twenty cents ($0.20) per share, payable July 5, 2023 to stockholders of record as of June 16, 2023.

Curtiss-Wright Corporation (NYSECW) reports financial results for the first quarter ended March 31, 2023.

Curtiss-Wright Corporation (NYSECW) today announced that it has signed an agreement with Shell Exploration & Production Company, a subsidiary of Shell plc NYSE: SHELNYSESHEL)

Curtiss-Wright Corporation (NYSECW) today announced it has been awarded a 5-year firm-fixed-price indefinite delivery, indefinite quantity (IDIQ) contract by the Naval Air Systems Command (NAVAIR). Under the multi-year program, with a maximum potential value of approximately $28 million, Curtiss-Wright will provide E-28 Retrieve Drive Assemblies including spare parts supporting the replacement of the legacy sub-systems across U.S. Navy and Marine Corps bases.

Curtiss-Wright Corporation (NYSECW) expects to release its first quarter 2023 financial results after the close of trading on Wednesday, May 3, 2023. A webcast conference call will be held on Thursday, May 4, 2023 at 10:00 am ET for management to discuss the Company’s first quarter 2023 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.

Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded a follow-on contract by the United States Marine Corps (USMC) to provide small form factor network router and switch modules to support communications modernization with highly portable expeditionary network communications technology. Under the contract, Curtiss-Wright will provide a Modular Open Systems Approach (MOSA) deployed baseband system for the Marine Corps Wideband Satellite-Expeditionary (MCWS-X) program.

Curtiss-Wright Corporation (NYSECW) today announced that K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the 13th Annual Alembic Global Advisors Deer Valley Chemical & Industrial Conference on Wednesday, March 1, 2023.

Curtiss-Wright Corporation (NYSECW) reports financial results for the fourth quarter and full-year ended December 31, 2022.

Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded a 10-year contract by the French Air and Space Force (AAE) to support its aircraft arresting systems. Under the contract, valued at approximately $35 million, Curtiss-Wright will provide logistics, analysis, maintenance, repair and overhaul (MRO) of specialized arresting systems equipment.

Curtiss-Wright Corporation (NYSECW) today announced that the Board of Directors declared a dividend of nineteen cents ($0.19) per share on Curtiss-Wright Common Stock, payable April 14, 2023 to stockholders of record as of March 31, 2023.

Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded a ten-year, $287 million firm-fixed-price indefinite delivery, indefinite quantity (IDIQ) contract by Edwards Air Force Base (AFB) – Air Force Test Center (AFTC). The contract has a base period of five years, valued at $123 million, followed by a five-year option period.

Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded a contract to support the new Enduring Shield platform from Dynetics, a Leidos company, to meet the U.S. Army’s cruise missile defense needs. Under the contract, Curtiss-Wright will design and build electromechanical actuators for the first 16 Dynetics launcher platforms, with an option for 400 additional launchers with associated interceptors.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Citi 2023 Global Industrial Tech and Mobility Conference. A fireside chat discussion and simultaneous webcast will take place on Thursday, February 23, 2023, at 1:00pm ET. There will be no formal presentation at this event.

Curtiss-Wright Corporation (NYSECW) expects to release its fourth quarter and full-year 2022 financial results after the close of trading on Tuesday, February 21, 2023. A webcast conference call will be held on Wednesday, February 22, 2023 at 9:00 am ET for management to discuss the Company’s fourth quarter and full-year 2022 financial performance as well as expectations for 2023 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate virtually in the 4th Annual Truist Securities Industrials and Services Summit on Tuesday, December 6, 2022.

Curtiss-Wright Corporation (NYSECW) today announced that the Board of Directors declared a dividend of nineteen cents ($0.19) per share on Curtiss-Wright Common Stock, payable December 1, 2022 to stockholders of record as of November 23, 2022.

Curtiss-Wright Corporation (NYSECW) today announced that it has completed the acquisition of the stock of Keronite Group Limited (Keronite) for $35 million in cash. Keronite is a leading provider of Plasma Electrolytic Oxidation (PEO) surface treatment applications offering corrosion protection, wear resistance, thermal protection and electrical insulation for the defense, commercial aerospace and industrial vehicle markets, and also in semiconductor manufacturing.

Curtiss-Wright Corporation (NYSECW) reports financial results for the third quarter ended September 30, 2022.

Curtiss-Wright Corporation (NYSECW) today announced that it has been selected by Global Air Navigation Services (GANS), a leading specialized provider of Air Navigation services, Engineering & Technical services, and consultancy in the field of Air Navigation, to provide aircraft arresting systems to the United Arab Emirates Ministry of Defense. Under the contract, valued at approximately $19 million, Curtiss-Wright will provide specialized arresting systems supporting both tailhook and non-tailhook equipped aircraft.

Curtiss-Wright Corporation (NYSECW) today announced the successful completion of a private placement debt offering of $300 million for senior notes (the "Notes"), consisting of $200 million 4.49% notes due 2032 and $100 million 4.64% notes due 2034.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Baird 2022 Global Industrial Conference. A fireside chat discussion and simultaneous webcast will take place on Thursday, November 10, 2022, at 7:55 am CT (8:55 am ET). There will be no formal presentation at this event.

Curtiss-Wright Corporation (NYSECW) expects to release its third quarter 2022 financial results after the close of trading on Wednesday, November 2, 2022. A webcast conference call will be held on Thursday, November 3, 2022 at 10:00 am ET for management to discuss the Company’s third quarter 2022 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call.

Curtiss-Wright Corporation (NYSECW) and X-energy announced today that they have signed a preferred strategic supplier agreement to advance the design and deployment of X-energy’s Xe-100 advanced Small Modular Reactor (SMR).

Curtiss-Wright Corporation (NYSECW) today announced that the Board of Directors declared a dividend of nineteen cents ($0.19) per share on Curtiss-Wright Common Stock, payable October 13, 2022 to stockholders of record as of September 30, 2022.

Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded contracts valued at approximately $120 million when fully funded to provide generators for the U.S. Navy’s next-generation Columbia-class submarine.

Curtiss-Wright Corporation (NYSECW) today announced that Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate in the Morgan Stanley 10th Annual Laguna Conference. A fireside chat discussion and simultaneous webcast will take place on Thursday, September 15, 2022, at 3:45 pm PT (6:45 pm ET). There will be no formal presentation at this event.