Curtiss-Wright Bags $100M Contracts To Support US Naval Defense Platforms

  • 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.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsContractsBriefs
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!