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 Q3 2024

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.

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Contrary to many stocks, the valuation multiples of Curtiss-Wright have only compressed since the outbreak of the pandemic. Shares are still down a third from the peak while the operational impact in terms of sales and earnings is limited to single digits.

Curtiss-Wright: Getting Compelling Again

Curtiss-Wright (CW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Curtiss-Wright (CW) Keep the Earnings Surprise Streak Alive?

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DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) and Honeywell (NYSE: HON) today announced that their 25-hour Cockpit Voice Recorder (CVR) developed for the air transport market has received European Aviation Safety Agency (EASA) Technical Standard Order (TSO) certification. Based on Curtiss-Wright's compact, lightweight Fortress® CVR technology, the new Honeywell Connected Recorder-25 (HCR-25) surpasses the requirements of the upcoming 2021 EASA minimum 25-hour cockpit vo

Honeywell, Curtiss-Wright Receive EASA Certification for 25-Hour Cockpit Recorder for the Air Transport Market

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) expects to release its fourth quarter and full-year 2020 financial results after the close of trading on Wednesday, February 24, 2021. A webcast conference call will be held on Thursday, February 25, 2021 at 10:00 am ET for management to discuss the Company's fourth quarter and full-year 2020 performance as well as expectations for 2021 financial performance. David C. Adams, Executive Chairman, Lynn M. Bamford, President and

Curtiss-Wright to Announce Fourth Quarter and Full-Year 2020 Financial Results and 2021 Expectations

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that, as part of its formal succession plan, its Board of Directors has named Robert F. Freda as Treasurer, succeeding Harry S. Jakubowitz, who plans to retire after a distinguished 18-year career with the Company, with the past 15 years as Treasurer. "I am pleased to announce the promotion of Bob Freda as Curtiss-Wright's next Treasurer,” said Lynn M. Bamford, President and CEO of Curtiss-Wright Corporation.

Curtiss-Wright Announces Appointment of Robert F. Freda as Treasurer and Retirement of Harry S.

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that David C. Adams, Chairman and Chief Executive Officer, K. Christopher Farkas, Vice President and Chief Financial Officer, Lynn M. Bamford, President, Defense and Power Segments, and Kevin M. Rayment, President, Commercial / Industrial Segment, will participate virtually in the Truist Securities 2020 Industrials and Services Summit on Tuesday, December 8, 2020. There will be no formal presentation or webca

Curtiss-Wright to Participate in Truist Securities 2020 Industrials and Services Summit

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Announces CEO Succession Plan; Lynn Bamford to Become CEO and Member of Board; David C. Adams to Continue as Exec Chairman Thru May 22

Curtiss-Wright Announces CEO Succession Plan

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that David C. Adams, Chairman and Chief Executive Officer, K. Christopher Farkas, Vice President and Chief Financial Officer, Lynn M. Bamford, President, Defense and Power Segments, and Kevin M. Rayment, President, Commercial / Industrial Segment, will participate virtually in the Baird 2020 Global Industrial Conference on Wednesday, November 11, 2020. A fireside chat discussion will take place at 11:25 am ET

Curtiss-Wright to Participate in Baird 2020 Global Industrial Conference

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it has completed the acquisition of Pacific Star Communications, Inc. (PacStar®) for $400 million in cash. PacStar is a leading provider of secure tactical communications solutions for battlefield network management, including commercial off-the-shelf (COTS)-based rugged, small form factor communications systems, and its proprietary “IQ-Core® Software” integrated network communications management softwar

Curtiss-Wright Completes Acquisition of Pacific Star Communications, Inc.

Curtiss-Wright Corporation's (CW) CEO Dave Adams on Q3 2020 Results - Earnings Call Transcript

Curtiss-Wright's (CW) defense segment's sales in the third quarter improve 12% year over year owing to increased sales of embedded computing equipment on various programs.

Curtiss-Wright (CW) Q3 Earnings and Sales Beat Estimates

Curtiss-Wright (CW) delivered earnings and revenue surprises of 20.92% and 1.20%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Curtiss-Wright (CW) Q3 Earnings and Revenues Surpass Estimates

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Q3 Results: Strong Defense Market Sales Growth, Benefits of Cost Containment Actions; Board Grants New $200M Share Repo Authorization

Curtiss-Wright Reports Third Quarter 2020 Financial Results

On Wednesday, October 28, Curtiss-Wright (NYSE: CW) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Curtiss-Wright's Earnings Outlook

Curtiss-Wright (CW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Curtiss-Wright (CW) to Report a Decline in Earnings: What to Look Out for

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) expects to release its third quarter 2020 financial results after the close of trading on Wednesday, October 28, 2020. A webcast conference call will be held on Thursday, October 29, 2020 at 10:00 am ET for management to discuss the Company’s third quarter 2020 performance. David C. Adams, Chairman and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call. The fina

Curtiss-Wright to Announce Third Quarter 2020 Financial Results

Curtiss-Wright's (CW) acquisition of PacStar is expected to produce a strong free cash flow conversion rate in excess of 100%.

Curtiss-Wright Signs Agreement to Acquire PacStar for $400M

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

Curtiss-Wright (CW) Up 5.5% Since Last Earnings Report: Can It Continue?

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Looking For Growth At A Reasonable Price? Try Sysco, Insperity & Curtiss-Wright

Curtiss-Wright Corporation. (CW) CEO Dave Adams on Q2 2020 Results - Earnings Call Transcript

Curtiss-Wright Is A Stealth Company Benefiting From Low Expectations

Curtiss-Wright's (CW) sales in the Power segment decline 11% year over year in the second quarter on account of lower naval defense market revenues and reduced power generation market sales.

Curtiss-Wright (CW) Q2 Earnings and Sales Beat Estimates

Curtiss-Wright (CW) delivered earnings and revenue surprises of 1.55% and 1.08%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Curtiss-Wright (CW) Q2 Earnings and Revenues Beat Estimates

DAVIDSON, N.C.--(BUSINESS WIRE)--CURTISS-WRIGHT REPORTS SECOND QUARTER 2020 FINANCIAL RESULTS; REINITIATES FULL-YEAR 2020 GUIDANCE; EXPECTS STRONG FY’20 FREE CASH FLOW GENERATION

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