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.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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.

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 2022. A fireside chat discussion and simultaneous webcast will take place on Thursday, March 17, 2022, at 12:30 pm ET (4:30 pm GMT). There will be no formal presentation at this event. A link to the w

Curtiss-Wright to Participate in Bank of America Global Industrials Conference 2022

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright announced that Saddle Point Management has withdrawn its proposals and nominees for election to the Company's Board of Directors

Curtiss-Wright Announces Resolution With Saddle Point

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright filed a prelim proxy statement and form of WHITE proxy card with the SEC in connection with its 2022 Annual Meeting of Stockholders

Curtiss-Wright Files Preliminary Proxy Statement in Connection with Annual Meeting

Curtiss-Wright's (CW) Q4 adjusted sales of $667 million rise 2% year over year. The top line however falls short of the Zacks Consensus Estimate of $680 million by 3.6%.

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

Curtiss-Wright Corporation (CW) CEO Lynn Bamford on Q4 2021 Results - Earnings Call Transcript

Curtiss-Wright (CW) delivered earnings and revenue surprises of 1.69% and 3.63%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Curtiss-Wright (CW) Q4 Earnings Beat Estimates

DAVIDSON, N.C.--(BUSINESS WIRE)--CURTISS-WRIGHT REPORTS Q4 & FY2021 FINANCIAL RESULTS; Achieves Record FY Adjusted Operating Margin of 17.0%; Completes Record $350M Share Repurchases

Curtiss-Wright Reports Fourth Quarter and Full-Year 2021 Financial Results; Full-Year 2022 Guidance Reflects Higher Sales, Operating Margin and EPS

Curtiss-Wright (CW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Curtiss-Wright (CW) Ahead of Earnings?

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that the Board of Directors declared a dividend of eighteen cents ($0.18) per share on Curtiss-Wright Common Stock, payable April 14, 2022 to stockholders of record as of March 31, 2022. 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 Aerospace and Defense markets, and to the Co

Curtiss-Wright Declares Dividend of $0.18 Per Share for Common Stock

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) announced today that it has entered into an agreement with Teledyne FLIR Defense to supply unmanned systems and integrated solutions to the U.S. nuclear power market and Department of Energy (DOE). Mobile unmanned systems (MUS), including drones, robotics, and submersibles, play a critical role in industrial and defense applications by automating operations and eliminating the need for humans to perform tasks in hazardous co

Curtiss-Wright and Teledyne FLIR Defense Sign Agreement to Provide Unmanned Systems and Integrated Solutions to the U.S. Nuclear Power Market and Department of Energy

Safran SA

Curtiss-Wright (CW) reveals that it has clinched an agreement to acquire Safran Aerosystems Arresting Company for $240M, thus expanding its global footprint and enhancing its product portfolio through the transaction.

Curtiss-Wright (CW) to Buy Safran Aerosystems' Arm for $240M

Curtiss-Wright has seen a decent, but not too spectacular 2021. The company has seen a sound performance and started 2022 with a bolt-on deal, thereby adding to its long-term acquisition track record.

Curtiss-Wright: Starting To Fly High Again

Kratos Defense & Security Solutions

Mercury Systems

Berenberg analyst Christopher Rieger initiated coverage of four U.S. aerospace and defense company stocks. The analyst initiated Curtiss-Wright Corp (NYSE:CW) with a Buy rating and a price target of $170.

Berenberg Is Bullish On Curtiss-Wright, Mercury Systems, Kratos

Curtiss-Wright Corp (NYSE: CW) has agreed to acquire the assets that comprise the Safran Aerosystems Arresting Company (SAA) for $240 million in cash. SAA is a designer and manufacturer of aircraft emergency arresting systems with over 5,000 systems worldwide and currently sells to more than 70 countries.

Curtiss-Wright To Acquire Safran Aerosystems Arresting Company For $240M

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it has entered into an agreement to acquire the assets that comprise the Safran Aerosystems Arresting Company (SAA) for $240 million in cash. SAA is a designer and manufacturer of aircraft emergency arresting systems with more than 5,000 systems worldwide and currently sells into more than 70 countries. SAA generated sales of approximately $70 million in 2021 and is expected to be accretive to Curtiss-Wr

Curtiss-Wright to Acquire Safran Aerosystems Arresting Company

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) expects to release its fourth quarter and full-year 2021 financial results after the close of trading on Wednesday, February 23, 2022. A webcast conference call will be held on Thursday, February 24, 2022 at 10:00 am ET for management to discuss the Company's fourth quarter and full-year 2021 financial performance as well as expectations for 2022 financial performance. Lynn M. Bamford, President and Chief Executive Officer,

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

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

Curtiss-Wright (CW) Down 3% Since Last Earnings Report: Can It Rebound?

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 3rd Annual Truist Securities Industrials and Services Summit on Tuesday, December 7, 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 Cu

Curtiss-Wright to Participate in 3rd Annual Truist Securities Industrials and Services Summit

Curtiss-Wright (CW) rewards shareholders with another $100 million share buyback program, thus exhibiting strong fundamentals and financial strength.

Curtiss-Wright (CW) Hikes Share Buyback Authorization by $100M

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright announces expansion of its share repurchase program, which is expected to result in record annual share repurchases of $350M in 2021

Curtiss-Wright Announces $100 Million Expansion of 2021 Share Repurchase Program

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 Baird 2021 Global Industrial Conference on Wednesday, November 10, and Thursday, November 11, 2021. A fireside chat discussion and simultaneous webcast will take place on Thursday, November 11 at 8:30 am ET. There will be no formal presentation a

Curtiss-Wright to Participate in Baird 2021 Global Industrial Conference

Curtiss-Wright's (CW) Q3 sales of $620.6 million increase 8.6% year over year. The top line also exceeded the Zacks Consensus Estimate of $601 million by 3.3%.

Curtiss-Wright (CW) Q3 Earnings Top Estimates, Sales Up Y/Y

Curtiss-Wright Corporation (CW) CEO Lynn Bamford on Q3 2021 Results - Earnings Call Transcript

Curtiss-Wright (CW) delivered earnings and revenue surprises of 4.44% and 3.28%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

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

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.

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