Curtiss-Wright Awarded $28M IDIQ Contract by NAVAIR to Support the E-28 Retrieve Drive Assembly Production Program

Curtiss-Wright Corporation (NYSE: CW) today announced it has been awarded a 5-year firm-fixed-price indefinite delivery, indefinite quantity (IDIQ) contract by the Naval Air Systems Command (NAVAIR). Under the multi-year program, with a maximum potential value of approximately $28 million, Curtiss-Wright will provide E-28 Retrieve Drive Assemblies including spare parts supporting the replacement of the legacy sub-systems across U.S. Navy and Marine Corps bases.

“As a leading global supplier of military aircraft arresting systems equipment, Curtiss-Wright is excited to work with NAVAIR on this important emergency arresting system program upgrade,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. “We look forward to future opportunities to provide our proven and reliable solutions in support of flight safety and fleet readiness.”

The E-28 Arresting Gear System is the approved shore-based emergency system currently operated by the Navy and Marine Corps expeditionary airfield stations worldwide. Under the contract, Curtiss-Wright will provide a solution for replacement and retrofit of Retrieve Drive Assemblies on existing E-28 systems.

Curtiss-Wright is performing the work within its EMS Division in the Naval & Power segment, and will deliver assemblies to NAVAIR’s Naval Air Warfare Center Aircraft Division in Lakehurst, N.J. Curtiss-Wright’s diverse arresting systems product portfolio includes energy absorbers, retractable hook cable systems, net-stanchion systems, and mobile systems to support aircraft carrier and fixed land-based arresting systems. In addition, our aftermarket business supports a strong, global installed base of more than 5,000 systems in over 72 countries.