- Curtiss-Wright Corp. CW has secured contracts valued at ~$100 million from Bechtel Plant Machinery, Inc. (BPMI) to support ship construction.
- Under the contract, Curtiss-Wright will provide pumps for the U.S. Navy's Virginia-class submarine, Columbia-class submarine, and Ford-class aircraft carrier programs.
- Curtiss-Wright is performing this work at its Cheswick, Pennsylvania facility within its Naval & Power Segment.
- The receipt of these new awards builds upon previously awarded contracts for propulsion valves, pumps, and advanced instrumentation and control systems, valued over $130 million, received in 2Q21.
- Price Action: CW shares are trading higher by 0.44% at $120.46 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
