Welcome to our dedicated page for Curtiss Wright news (Ticker: CW), a resource for investors and traders seeking the latest updates and insights on Curtiss Wright stock.
Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to aerospace and defense markets, as well as critical technologies in commercial nuclear power, process and industrial markets. The CW news feed on Stock Titan focuses on how these activities translate into financial performance, contracts and strategic actions.
Investors following Curtiss-Wright news can expect regular updates on quarterly and full-year financial results, including segment performance across Aerospace & Industrial, Defense Electronics, and Naval & Power. Company announcements frequently discuss sales trends in total aerospace and defense markets versus total commercial markets, changes in operating income and margin, new orders, backlog and free cash flow.
News items also cover capital allocation decisions such as share repurchase authorizations, adoption of Rule 10b5-1 trading plans to execute repurchases, and quarterly dividend declarations. These disclosures provide context on how Curtiss-Wright balances returning capital to shareholders with funding acquisitions and operational investments.
From an operational standpoint, Curtiss-Wright issues releases on contract awards and program participation, such as supplying turret drive stabilization systems for combat vehicle prototypes or encrypted flight recorder technology for next-generation military aircraft. Updates may describe contributions to submarine programs, ground defense platforms, commercial aerospace equipment and commercial nuclear solutions.
By tracking CW news, readers can see how Curtiss-Wright’s engineered technologies, end-market exposure and capital allocation choices are reflected in reported results, guidance updates and program wins. This page aggregates those developments so users can review the company’s ongoing disclosures and announcements in one place.
Curtiss-Wright Corporation (NYSE: CW) declared a $0.19 dividend per share on its Common Stock, payable on April 14, 2023, to shareholders on record as of March 31, 2023. This dividend reflects the company’s commitment to returning value to its investors. Curtiss-Wright specializes in providing engineered products and solutions for the Aerospace & Defense sectors, leveraging a skilled workforce of around 8,000 employees. The company's innovative solutions are built on a strong legacy.
Curtiss-Wright Corporation (NYSE:CW) has secured a significant ten-year contract valued at $287 million from Edwards Air Force Base to provide High Speed Data Acquisition System (HSDAS) technology for flight test programs. The contract includes a five-year base period at $123 million, followed by a five-year option. This award, the largest for the Aerospace Instrumentation team, strengthens Curtiss-Wright's role in supporting U.S. flight test objectives. The company, a leading supplier of instrumentation solutions for military aircraft, will fulfill the contract primarily from its facilities in Newtown, Pennsylvania, and Palmdale, California.
Curtiss-Wright Corporation (NYSE:CW) has secured a contract with Dynetics, a Leidos company, to provide support for the U.S. Army's Enduring Shield cruise missile defense platform. The contract involves designing and building electromechanical actuators for the initial 16 Dynetics launcher platforms, with an option to supply actuators for an additional 400 launchers. This collaboration underscores Curtiss-Wright's commitment to enhancing U.S. Army ground defense capabilities. The actuators will be manufactured at the company's Chanhassen, Minnesota facility, utilizing advanced Exlar roller screw and motor technologies.
Curtiss-Wright Corporation (NYSE: CW) announced participation in the Citi 2023 Global Industrial Tech and Mobility Conference. CEO Lynn M. Bamford and CFO K. Christopher Farkas will engage in a fireside chat on February 23, 2023, at 1:00 PM ET, with no formal presentation planned. Interested parties can access a link to the webcast and the latest slide presentation on the company’s website. A replay will be available for 90 days post-event. Curtiss-Wright specializes in engineered solutions for Aerospace & Defense, Commercial Power, and Industrial markets, employing a workforce of 8,000 skilled professionals.
Curtiss-Wright Corporation (NYSE: CW) plans to announce its Q4 and full-year 2022 financial results on February 21, 2023 after market close. A webcast conference call is scheduled for February 22, 2023, at 9:00 AM ET, featuring CEO Lynn M. Bamford and CFO K. Christopher Farkas. Investors can access the financial report and webcast via the company's Investor Relations page. Curtiss-Wright is recognized for delivering engineered solutions primarily in the Aerospace & Defense sectors, supported by a talented workforce of 8,000 employees.
Curtiss-Wright Corporation (NYSE: CW) has announced that CEO Lynn M. Bamford and CFO K. Christopher Farkas will participate virtually in the 4th Annual Truist Securities Industrials and Services Summit on December 6, 2022. There will be no formal presentation or webcast, but a copy of the latest slide presentation can be found in the Investor Relations section of their website.
Curtiss-Wright specializes in highly engineered products and solutions primarily for the Aerospace & Defense markets, employing approximately 8,000 skilled workers.
Curtiss-Wright Corporation (NYSE: CW) has declared a dividend of $0.19 per share, with payment scheduled for December 1, 2022. Shareholders on record as of November 23, 2022 will receive this dividend. The company operates in Aerospace & Defense markets, providing engineered products and services, supported by a skilled workforce of 8,000 employees. This announcement reflects Curtiss-Wright's ongoing commitment to return value to its shareholders.
Curtiss-Wright Corporation (NYSE: CW) has acquired Keronite Group Limited for $35 million in cash. Keronite specializes in Plasma Electrolytic Oxidation (PEO) surface treatments that enhance performance characteristics of lightweight metals. The acquisition is projected to generate approximately $9 million in sales for 2022 and is expected to be neutral to CW's adjusted diluted earnings per share in its first full year. The integration aligns with CW’s strategic priorities and aims to leverage existing customer relationships for long-term growth.
Curtiss-Wright Corporation (CW) reported third quarter 2022 financial results with sales of $631 million and diluted EPS of $1.91. Adjusted operating income rose by 6% to $114 million, with an operating margin of 18.2%. New orders surged 32% year-over-year to $818 million, boosting backlog to $2.6 billion. However, full-year sales growth guidance was revised down to 2%-4% from 4%-6%, and adjusted free cash flow guidance decreased to $275-$315 million due to supply chain disruptions.
Curtiss-Wright Corporation (NYSE: CW) has been awarded a contract worth approximately $19 million by Global Air Navigation Services to supply aircraft arresting systems to the United Arab Emirates Ministry of Defense. This contract underscores Curtiss-Wright's reputation as a leading supplier in military aircraft safety solutions. The work will be conducted within the company's EMS division, utilizing expertise from its U.S. and France facilities. This contract enhances airbase safety and strengthens existing partnerships.