Curtiss-Wright

Curtiss-Wright Corporation is a global integrated business that provides engineered products, solutions, and services mainly to the aerospace and defense markets, as well as critical technologies in demanding commercial power, process, and industrial markets. It operates through the following three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. The Aerospace & Industrial segment offers engineered products and services supporting critical applications primarily across the commercial aerospace and general industrial markets, including industrial and specialty vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters, sensors, controls, and electro-mechanical actuation components used on commercial and military aircraft, and surface technology services, such as shot peening, laser peening, and engineered coatings. The Defense Electronics segment includes Commercial Off-the-Shelf (COTS) embedded computing board-level modules, data acquisition and flight test instrumentation equipment, integrated subsystems, instrumentation and control systems, tactical communications solutions for battlefield network management, and electronic stabilization products, primarily to the defense markets and, to a lesser extent, the commercial aerospace market. The Naval & Power segment primarily provides solutions to the naval defense and power & process markets, including naval propulsion equipment, main coolant pumps, motors, generators, steam turbines, valves, and secondary propulsion systems, as well as a diversified offering of products for commercial nuclear power plants and nuclear equipment manufacturers, and specialized severe-service valve technologies to energy and industrial markets. The company was founded on July 5, 1929, and is headquartered in Davidson, NC.

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Earnings data Q4 2024

Curtiss-Wright reports record sales and profitability, eyes strategic acquisitions

Curtiss-Wright's Q4 2022 and full year 2022 performance exceeded expectations, driven by record sales, profitability, and free cash flow generation.
While facing challenges from supply chain disruptions and macroeconomic headwinds, the company's strong operational performance and strategic initiatives position it well for growth.
Opportunities lie in continued sales growth, margin expansion, and potential acquisitions, supported by positive industry trends and effective management of challenges.
Overall, Curtiss-Wright's robust financial performance, strategic acquisitions, and focus on operational efficiency set a positive trajectory for future growth and success.

Curtiss-Wright reports robust Q1 performance, eyes growth amid challenges

Curtiss-Wright's Q1 2023 earnings call reflects strong performance across sales, earnings, and new orders, positioning the company well for continued success.
While facing challenges such as electronic component availability and delayed AUKUS funding, the company remains optimistic about growth opportunities in defense and commercial markets.
With a focus on acquisitions, sustained order trends, and cautious optimism in key markets, Curtiss-Wright aims to navigate challenges and capitalize on growth prospects in 2023.
Maintaining a diversified portfolio and executing strategic initiatives are key strengths driving Curtiss-Wright's performance and outlook for the year.

Curtiss-Wright reports robust Q2 earnings, raises full-year guidance

Curtiss-Wright's Q2 2023 showcased strong financial performance, with notable growth in key sectors. While supply chain challenges persist, the company is optimistic about future prospects and is executing its growth strategy effectively.

Curtiss-Wright reports robust Q3 earnings, eyes nuclear and defense growth

Curtiss-Wright delivered strong Q3 results with raised full-year guidance.
The company's diverse segments show growth potential in key markets.
Challenges persist in the supply chain, requiring ongoing monitoring.
Focus on margin expansion and seizing growth opportunities ahead.

Curtiss-Wright (CW) reports robust Q4 earnings, eyes growth opportunities

Curtiss-Wright's strong financial performance in Q4 2023 and full year 2023, coupled with a positive outlook for 2024, reflects its focus on defense electronics and strategic investments. The company's emphasis on organic growth initiatives, acquisitions, and market expansion positions it well for future success.

Curtiss-Wright reports robust Q1 earnings, raises guidance post-acquisition

Curtiss-Wright delivered strong Q1 2024 results, with notable increases in sales, operating income, and EPS. Despite challenges, the company raised guidance and announced the acquisition of WSC, Inc., positioning itself for growth in key markets. Opportunities in simulated assisted engineering and naval operations highlight strategic initiatives for future success.

Curtiss-Wright reports robust Q3 growth, eyes strategic acquisitions for expansion

Curtiss-Wright delivered a strong Q3 performance with notable increases in sales, operating income, and EPS. The company's focus on operational efficiency, capital allocation, and growth outlook bode well for future prospects. While challenges like market dynamics exist, Curtiss-Wright's strategic positioning and financial strength present opportunities for sustained growth.

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Curtiss-Wright Corp. is a global integrated business that provides engineered products, solutions, and services mainly to the aerospace and defense markets, as well as critical technologies in demanding commercial power, process, and industrial markets. It operates through the following three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. The Aerospace & Industrial segment offers engineered products and services supporting critical applications primarily across the commercial aerospace and general industrial markets, including industrial and specialty vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters, sensors, controls, and electro-mechanical actuation components used on commercial and military aircraft, and surface technology services, such as shot peening, laser peening, and engineered coatings. The Defense Electronics segment includes Commercial Off-the-Shelf (COTS) embedded computing board-level modules, data acquisition and flight test instrumentation equipment, integrated subsystems, instrumentation and control systems, tactical communications solutions for battlefield network management, and electronic stabilization products, primarily to the defense markets and, to a lesser extent, the commercial aerospace market. The Naval & Power segment primarily provides solutions to the naval defense and power & process markets, including naval propulsion equipment, main coolant pumps, motors, generators, steam turbines, valves, and secondary propulsion systems, as well as a diversified offering of products for commercial nuclear power plants and nuclear equipment manufacturers, and specialized severe-service valve technologies to energy and industrial markets. The company was founded on July 5, 1929 and is headquartered in Davidson, NC.

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright's selection is representative of our technology leadership in Modular Open System Approach (MOSA)-based rugged COTS modules

Curtiss-Wright Awarded Contract by Lockheed Martin to Upgrade U.S. Navy Seahawk Helicopter Mission and Flight Management Computers to Meet New Battlefield Threats

Curtiss-Wright (CW) reported earnings 30 days ago. What's next for the stock?

Curtiss-Wright (CW) Down 3.9% Since Last Earnings Report: Can It Rebound?

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it was awarded a contract by Hyster-Yale Group to supply a suite of in-cab operator controls for its new modular family of Internal Combustion and Electric lift trucks. The new generation of Lift Trucks, ranging from 1 to 10 tons, represents a critical portion of the Hyster-Yale Group's Class 4 and 5 offerings. Under the contract, Curtiss-Wright will be fitting these lift trucks with customized operator

Curtiss-Wright Awarded Contract by Hyster-Yale Group to Provide a Suite of In-Cab Operator Controls

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Outlines New Strategy to Drive LT Profitable Growth; Introduces 2023 Financial Targets with 5-10% Revenue CAGR and Minimum 10% EPS CAGR

Curtiss-Wright Hosts Virtual Investor Day and Provides New Long-Term Strategy and Financial Guidance

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that 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) and General Dynamics Electric Boat to support ship const

Curtiss-Wright Awarded Contracts Valued in Excess of $130M to Support Critical U.S. Naval Defense Platforms

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that the Board of Directors declared a 6% increase in the quarterly dividend to eighteen cents ($0.18) per share, payable July 2, 2021 to stockholders of record as of June 18, 2021. “This dividend increase reflects our Board of Directors' confidence in the Company's strong financial position and continued ability to deliver solid earnings growth and free cash flow, while also allowing us to provide a consiste

Curtiss-Wright Announces 6% Dividend Increase to $0.18 Per Share for Common Stock

Curtiss-Wright's (CW) revenues in the first quarter fall 1% year over year, led by a decline in Aerospace & Industrial sales.

Curtiss-Wright (CW) Q1 Earnings Top Estimates, Sales Down Y/Y

Curtiss-Wright Corporation (CW) CEO Lynn Bamford on Q1 2021 Results - Earnings Call Transcript

DAVIDSON, N.C.--(BUSINESS WIRE)--CURTISS-WRIGHT REPORTS SOLID FIRST QUARTER 2021 FINANCIAL RESULTS; RAISES FULL-YEAR 2021 GUIDANCE

Curtiss-Wright Reports First Quarter 2021 Financial Results; Raises Full-Year 2021 Guidance for Sales, Operating Income, Operating Margin and Diluted EPS

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it was selected by Scientific Research Corporation (SRC) to provide its industry-leading Fortress flight recorder system to upgrade the T-6 Texan II trainer aircraft used by the U.S. Air Force and Navy. This important military aircraft contract builds on Curtiss-Wright's recent success in the Commercial Aerospace market, highlighted by our partnership with Honeywell to use real-time connectivity to reinv

Curtiss-Wright Awarded Contract to Provide Cockpit Voice Recorder and Flight Data Recorder to Upgrade the T-6 Texan II Trainer Aircraft

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it will host a Virtual Investor Day on Wednesday, May 26, 2021 from 8:30 a.m. EDT to approximately 11:30 a.m. EDT. The event will include presentations from members of Curtiss-Wright's senior management team including Lynn M. Bamford, President and Chief Executive Officer, K. Christopher Farkas, Vice President and Chief Financial Officer, and Kevin M. Rayment, Vice President and Chief Operating Officer,

Curtiss-Wright to Host Virtual Investor Day on May 26, 2021

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) expects to release its first quarter 2021 financial results after the close of trading on Wednesday, May 5, 2021. A webcast conference call will be held on Thursday, May 6, 2021 at 10:00 am ET for management to discuss the Company's first quarter 2021 financial performance. Lynn M. Bamford, President and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call. The fi

Curtiss-Wright to Announce First Quarter 2021 Financial Results

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright to supply COTS processing technology on F-22 Raptor, supports DoD mandate to bring Modular Open Systems Approach to deployed platforms

Curtiss-Wright Selected by Lockheed Martin Aeronautics to Provide First Open Architecture COTS Modules for Service Onboard F-22 Raptor Aircraft

New York, New York--(Newsfile Corp. - April 2, 2021) -  Levi & Korsinsky announces it has commenced an investigation of Curtiss-Wright Corporation (NYSE: CW) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/curtiss-wright-corporation-information-request-form\or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Curtiss-Wright Corporation (CW)

Why Is Curtiss-Wright (CW) Up 4.4% Since Last Earnings Report?

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that Lynn M. Bamford, President and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will participate virtually in the Bank of America Global Industrials Conference 2021 on Wednesday, March 17, 2021. There will be no formal presentation or webcast at this event. A copy of the latest slide presentation is available in the Investor Relations section of Curtiss-Wrig

Curtiss-Wright to Participate in Bank of America Global Industrials Conference 2021

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Curtiss-Wright's (CW) revenues in the fourth quarter rise 2% year over year, led by 15% organic growth in defense markets.

Curtiss-Wright (CW) Q4 Earnings Top Estimates, Revenues Miss

Curtiss-Wright Corporation (CW) CEO Lynn Bamford on Q4 2020 Results - Earnings Call Transcript

Curtiss-Wright (CW) delivered earnings and revenue surprises of 2.14% and -0.54%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Curtiss-Wright (CW) Surpasses Q4 Earnings Estimates

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright's Q4 Results Reflect Strong Defense Market Sales Growth and Benefits of Restructuring Savings; Achieves Record Q4 and FY20 Adjusted FCF

Curtiss-Wright Reports Fourth Quarter and Full-Year 2020 Financial Results; Issues Initial Full-Year 2021 Guidance

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that Kevin M. Rayment, currently President of the Commercial / Industrial Segment, will be named Chief Operating Officer following Thomas (Tom) P. Quinly's planned retirement as Vice President and COO on April 1, 2021. "I am pleased to announce the promotion of Kevin Rayment as Curtiss-Wright's next Chief Operating Officer,” said Lynn M. Bamford, President and CEO of Curtiss-Wright Corporation. “He continues

Curtiss-Wright Appoints Kevin M. Rayment Chief Operating Officer; Thomas P.

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that the Board of Directors declared a dividend of seventeen cents ($0.17) per share on Curtiss-Wright Common Stock, payable April 16, 2021 to stockholders of record as of March 30, 2021. About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE:CW) is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy

Curtiss-Wright Declares Dividend of $0.17 Per Share for Common Stock

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Just by looking at the major market indexes in the U.S., such as the S&P 500, one might never guess that we are still in a recession. However, while the economy does influence the stock market, it is far from the only thing that can shift the direction of prices, meaning the two can (and often do) become extremely disconnected.

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