Curtiss-Wright Corporation is a diversified global provider of precision engineered products and services focused on the aerospace, defense, and industrial markets
The company designs and manufactures an array of components and systems, including motion control technologies, aerospace systems, and fluid management solutions. Leveraging advanced engineering expertise, Curtiss-Wright serves a wide range of applications, from military and commercial aviation to nuclear and renewable energy sectors, playing a crucial role in enhancing safety, efficiency, and reliability in critical operations worldwide.
Curtiss-Wright’s Defense Solutions Division today announced it has received a follow-on order from the U.S. Marine Corps, PEO Land Systems, via Defense Logistics Agency - Tailored Logistic Support (DLA-TLS) contract, to provide its Modular Open Systems Approach (MOSA) based tactical communications technology for use in the Application Server Module (ASM), part of the Combat Data Network (CDN) program.
Curtiss-Wright Corporation (NYSECW) today announced that it has been awarded two contracts from TerraPower to design and supply plant simulation and digital control solutions for the Natrium1 advanced nuclear reactor design.
Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns over persistent inflationary pressures.
Aerospace and defense company Curtiss-Wright (NYSECW) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 4.9% year on year to $824.3 million. The company’s full-year revenue guidance of $3.36 billion at the midpoint came in 1.7% above analysts’ estimates. Its GAAP profit of $3.09 per share was 2.6% above analysts’ consensus estimates.
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 April 14, 2025, to stockholders of record as of March 27, 2025.
Curtiss-Wright Corporation (NYSECW) expects to release its fourth quarter and full-year 2024 financial results after the close of trading on Wednesday, February 12, 2025. A webcast conference call will now be held on Thursday, February 13, 2025, at a revised time of 11:00 am ET for management to discuss the Company’s fourth quarter and full-year 2024 financial performance as well as expectations for 2025 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 received a $27 million contract award from the Canadian Commercial Corporation (CCC) for the supply of Aircraft Ship Integrated Securing and Traversing (ASIST) systems. Under the agreement, Curtiss-Wright’s facility based in Mississauga, Ontario, Canada will provide its critical aircraft handling systems and support to the U.S. Naval Air Warfare Center for use on Constellation Class Frigates (FFG-62). The recent award is part of a five-year indefinite delivery, indefinite quantity (IDIQ) contract, potentially valued at nearly $100 million.
Since January 2020, the S&P 500 has delivered a total return of 78.6%. But one standout stock has nearly doubled the market - over the past five years, Curtiss-Wright has surged 145% to $355 per share. Its momentum hasn’t stopped as it’s also gained 28.7% in the last six months thanks to its solid quarterly results, beating the S&P by 24.5%.
Curtiss-Wright Corporation (NYSECW) expects to release its fourth quarter and full-year 2024 financial results after the close of trading on Wednesday, February 12, 2025. A webcast conference call will be held on Thursday, February 13, 2025, at 10:00 am ET for management to discuss the Company’s fourth quarter and full-year 2024 financial performance as well as expectations for 2025 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 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.
Nuclear energy appears to be having its time in the sun. Many large tech companies and AI investors think nuclear energy is uniquely positioned to power data centers. One such company that is poised to benefit is Curtiss-Wright Corp.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Howmet (NYSEHWM) and the best and worst performers in the aerospace industry.
