Curtiss-Wright Corporation provides highly engineered products, solutions and services for Aerospace & Defense markets and critical technologies for commercial nuclear power, process and industrial markets. Company news commonly covers quarterly results and guidance, orders and sales trends in defense, commercial aerospace, naval defense, commercial nuclear, process and general industrial applications.
Updates also include program awards and technology milestones, such as mission computer systems for military aircraft, actuation equipment, sensors, surface treatment services, industrial valves, off-highway vehicle products, and reactor-related systems. Capital-return announcements cover common-stock dividends, share repurchase authorizations and Rule 10b5-1 repurchase plans.
Curtiss-Wright (NYSE: CW) announced approximately $40 million in contracts from Leidos to support production of the U.S. Army’s Indirect Fire Protection Capability Increment 2 (IFPC Inc 2)/b) ground-based air defense system. Curtiss-Wright will supply electromechanical actuation technology and rugged, small form factor DuraCOR 8044 mission computers for mobile air-defense launchers. The work will be performed within the company’s and Defense Electronics segments. According to Curtiss-Wright, its actuators and mission computers are designed to meet rigorous U.S. Army environmental and performance criteria and have applications across broader aerospace, defense and industrial markets.
Curtiss-Wright (CW) expanded its 2026 share repurchase program by $100 million, bringing expected share repurchases in 2026 to $260 million. The company will buy the additional $100 million of shares immediately under a 10b5-1 plan, while continuing a separate $60 million program launched in January 2026. After completing these programs, remaining authorized repurchases will total $290 million.
Curtiss-Wright (NYSE: CW) announced a $100 million expansion of its 2026 share repurchase program, bringing expected 2026 annual buybacks to $160 million. The company will repurchase the additional $100 million of shares immediately under a 10b5-1 plan while continuing its existing $60 million program, initiated in January 2026 and expected to finish this year.
Management highlighted a recent upward revision to full-year 2026 guidance across major financial metrics, citing strong operations, mid-teens earnings compounding, and robust free cash flow. After completing current programs, Curtiss-Wright will have $390 million of remaining share repurchase authorization.
Curtiss-Wright (NYSE:CW) reported second quarter 2026 sales of $924 million, up 5% year-over-year, with reported operating income of $179 million and operating margin of 19.3%. Adjusted operating income was also $179 million, up 12%, with adjusted operating margin of 19.4%, up 110 basis points. Reported diluted EPS was $4.07, while adjusted diluted EPS was $3.72, up 15%.
New orders reached $1.1 billion, up 8%, yielding a 1.16x book-to-bill, and free cash flow rose 37% to $160 million (116% conversion). Segment results showed 12% sales growth in Aerospace & Industrial, 7% in Naval & Power, and a 3% sales decline in Defense Electronics, though all three segments expanded margins. Backlog increased 10% from year-end 2025 to $4.5 billion. The company repurchased approximately 20,105 shares for $15 million and raised its quarterly dividend 8% to $0.26 per share.
For full-year 2026, Curtiss-Wright raised adjusted guidance: sales growth to 8–9%, operating income growth to 11–13%, operating margin to 19.1–19.3%, diluted EPS to $15.10–$15.40 (14–16% growth), and free cash flow to $585–$605 million, including about $25 million higher capital expenditures versus 2025.
Curtiss-Wright (NYSE:CW) announced an $80 million multi-year investment to expand its Cheswick, Pennsylvania operations in the Naval & Power segment. The 118-acre campus designs, manufactures, and tests solutions for critical naval defense and commercial nuclear markets.
The plan includes two new buildings to increase manufacturing and testing capacity, improve efficiency, and reduce lead times. Supported by the Commonwealth of Pennsylvania, the expansion began in 2025 and is expected to create about 150 new jobs over three years while retaining more than 860 existing positions. Curtiss-Wright also received a $1.21 million PA SITES grant to support the project.
Curtiss-Wright (NYSE:CW) will release its second quarter 2026 financial results after market close on Wednesday, August 5, 2026. Management will host a webcast conference call on Thursday, August 6, 2026 at 10:00 a.m. ET to discuss financial performance.
Webcast access, the financial press release, and the related presentation will be available in the Investor Relations section of the company website. Domestic and international investors may also join via dedicated dial-in numbers, with a replay accessible online about one hour after the call.
Curtiss-Wright (NYSE:CW) announced that Chair and CEO Lynn M. Bamford and EVP & CFO K. Christopher Farkas will attend the 2026 NYSE European Investor Conference in London on June 17, 2026.
The company will hold 1x1 and group investor meetings, with no formal presentation or webcast. Investors can review the latest Investor Briefing on Curtiss-Wright’s investor relations website.
Curtiss-Wright (NYSE:CW) announced participation in three upcoming investor conferences featuring CEO Lynn M. Bamford and CFO K. Christopher Farkas.
Events include Wolfe Research on May 21, 2026, Stifel on June 2, 2026, and William Blair on June 4, 2026, with webcast access and 90-day replays.
Curtiss-Wright (NYSE:CW) entered a new five-year credit agreement with nine banks, increasing its revolving credit facility to $1 billion and expanding the accordion feature to $500 million, maturing in May 2031.
The prior facility expiring in May 2027 was terminated. Proceeds may fund acquisitions, internal growth, and other general corporate purposes. Financial covenants are similar and not more restrictive than before.
Curtiss-Wright (NYSE:CW) announced its 10th consecutive annual dividend increase, raising the quarterly dividend by 8% from $0.24 to $0.26 per share.
The dividend is payable on July 6, 2026 to shareholders of record on June 15, 2026, for an annualized rate of $1.04 per share. Management also highlighted ongoing share repurchases and a disciplined capital allocation strategy focused on strategic acquisitions and high-return investments.