Jul 31, 2023
Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded contracts valued in excess of $250 million to provide propulsion valves, pumps and advanced instrumentation and control systems for the U.S. Navy’s Virginia-class nuclear powered attack submarine, Columbia-class submarine and Ford-class aircraft carrier programs. The awards were received from Bechtel Plant Machinery, Inc. (BPMI) and General Dynamics Electric Boat to support ship construction, spare parts and submarine back-fit procurements.
“Curtiss-Wright is pleased to have been awarded these important naval defense contracts, building upon our long-standing relationship with the U.S. Nuclear Navy and reflecting our ongoing support of these critical naval defense platforms, which continue to receive strong Congressional support,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. “We look forward to delivering the most advanced, reliable and vital technologies and remain well-positioned to benefit from the continued expansion of our U.S. naval fleet.”
Curtiss-Wright is performing this work at its facilities in New York and Pennsylvania within the Company’s Defense Electronics and Naval & Power Segments. Engineering and manufacturing have commenced and will continue through 2028.
Forecasts by Type (Standalone Systems, Integrated Systems), by Platform (Terrestrial, Airborne, Naval), by Mode (Mode-1, Mode-2, Mode-C, Mode-3/A), by Technology (IFF Transponder, IFF Interrogator, Crypto Computer, IFF Antenna, IFF Test Equipment), by Deployment (Ground Based, Vehicle Mounted, Aircraft, Unmanned Aerial Vehicle, Ships and Carriers, Submarines) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern AnalysisDownload free sample pages
For over 60 years, Curtiss-Wright has ensured safe, reliable operations by supplying innovative, high-performance products for every nuclear submarine and aircraft carrier commissioned by the U.S. Navy. In addition, Curtiss-Wright technologies, such as power-dense motors and enhanced valve designs, enable more efficient operations, reduce manpower and cost, and increase safety.