Curtiss-Wright Corporation Common Stock (CW)

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 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.

RYE, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.

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.

RYE, N.Y., Aug. 28, 2024 (GLOBE NEWSWIRE) --  Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.

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:

Thursday, September 5, 2024

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.

RYE, N.Y., July 30, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website.

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.