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) operates at the intersection of defense technology, nuclear energy, and aerospace engineering—sectors where regulatory decisions, military procurement, and strategic partnerships drive significant developments. As a supplier of embedded computing systems for combat vehicles, reactor components for nuclear power plants, and actuation systems for commercial aircraft, the company's business developments span multiple high-profile industries.
News coverage for Curtiss-Wright typically includes defense contract awards from the U.S. Department of Defense and allied military forces, particularly for turret stabilization systems, rugged electronics, and flight test instrumentation. The company's involvement in naval nuclear propulsion and commercial nuclear power means developments in energy policy and reactor technology often affect its business outlook. Strategic partnerships with major defense prime contractors and nuclear technology developers represent another significant news category.
Quarterly earnings announcements provide insight into segment performance across Aerospace and Industrial, Defense Electronics, and Naval and Power divisions. Capital allocation decisions—including share repurchase programs, dividend declarations, and acquisition activity—appear regularly in company announcements. Investor conference participation and guidance updates offer additional context on operational priorities and financial expectations.
For investors and analysts following the defense, aerospace, and nuclear sectors, this news feed consolidates developments that may affect Curtiss-Wright's market position and financial performance. Bookmark this page to track contract wins, partnership announcements, and financial disclosures as they occur.
Curtiss-Wright (NYSE: CW) announced that its Chair and CEO, Lynn M. Bamford, along with Vice President and CFO, K. Christopher Farkas, will participate in the Wolfe Research 17th Annual Global Transportation & Industrials Conference.
The event includes a fireside chat discussion and a simultaneous webcast on May 22, 2024, at 12:45pm ET. No formal presentations will be held. The webcast and latest slide presentation can be accessed via Curtiss-Wright's Investor Relations section on their website. A replay will be available for 90 days post-event.
Curtiss-Wright (NYSE: CW) announced contracts exceeding $130 million to supply critical components for U.S. Navy's Virginia-class and Columbia-class submarines, and Ford-class aircraft carriers.
The deals include propulsion valves, pumps, and advanced instrumentation. These contracts, awarded by Bechtel Plant Machinery, Inc. (BPMI), support ship construction, spare parts, and submarine back-fit procurements.
Engineering and manufacturing will occur in New York and Pennsylvania facilities and will continue until 2029. Curtiss-Wright's technologies enhance safety, efficiency, and reduce costs for naval operations.
Curtiss-Wright (NYSE: CW) announced a $300 million increase in share repurchase authorization, raising the total to $400 million, along with a 5% dividend increase to $0.21 per share. This decision showcases the company's commitment to providing returns to its shareholders and reflects confidence in its financial strength and ability to generate free cash flow.
Curtiss-Wright (NYSE: CW) reported strong first-quarter 2024 financial results with sales of $713 million, up 13%, operating income of $100 million, up 27%, and diluted EPS of $1.99. The company raised its full-year 2024 guidance, increasing sales growth to 5-7%, operating income to 5-8%, and diluted EPS to $10.10-$10.40, up 8-11%. Curtiss-Wright also maintained its free cash flow range of $415-$435 million.
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