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DAVIDSON, N.C. – In a strategic move that reinforces its long-standing partnership with the U.S. Navy, Curtiss-Wright Corporation has announced the acquisition of contracts exceeding $130 million.
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These contracts are for the provision of advanced technological components for key naval vessels, namely the Virginia-class nuclear-powered attack submarine, Columbia-class submarine, and Ford-class aircraft carrier.
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The significant contracts, awarded by Bechtel Plant Machinery, Inc. (BPMI), are set to support not only ship construction but also the procurement of spare parts and submarine back-fits.
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These contracts represent a continuation of Curtiss-Wright’s enduring support for the U.S. Navy’s critical defense platforms, which consistently enjoy robust Congressional backing.
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Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation, conveyed the company’s enthusiasm: “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.”
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She further added, “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.”
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The company will perform the contract tasks at its facilities located in New York and Pennsylvania, operating within the Defense Electronics and Naval & Power Segments.
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The engineering and manufacturing efforts have already commenced and are expected to progress through 2029.
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For over six decades, Curtiss-Wright has played a pivotal role in ensuring safe and reliable operations across the U.S. Navy’s nuclear submarines and aircraft carriers by supplying cutting-edge, high-performance products.
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The company’s innovative technologies, such as power-dense motors and enhanced valve designs, aim to boost operational efficiency, curtail manpower and costs, and elevate safety standards.
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Curtiss-Wright, building on the prestigious legacy of aviation pioneers Glenn Curtiss and the Wright brothers, stands as a global entity that delivers highly engineered products, solutions, and services.
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The corporation caters chiefly to the Aerospace & Defense markets, along with significant offerings in the Commercial Power, Process, and Industrial markets.
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While these contracts promise to bolster Curtiss-Wright’s role in the U.S. Navy’s ongoing fleet augmentation, they also come with the usual caveats of forward-looking statements.
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These include potential risks and uncertainties such as order reductions, economic downturns, changes in the marketplace, alterations in government spending, and the company’s ability to perform contracts as anticipated.
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This strategic engagement underlines the continual growth and modernization of the U.S. naval fleet, positioning Curtiss-Wright as a crucial partner in the endeavor to maintain and enhance the nation’s maritime defense capabilities.
Relevant articles:
– Curtiss-Wright Awarded Contracts Valued in Excess of $130 Million to Support Critical U.S. Naval Defense Platforms, Curtiss-Wright
– Curtiss-Wright Awarded Contracts Valued in Excess of $130 Million to Support Critical U.S. Naval Defense Platforms, Yahoo Finance
– Wright Wins Over $130M in New Contracts to Expand Work on Nuclear Navy Program; Lynn Bamford Quoted, ExecutiveBiz