Latest news with #GlennCurtiss
Business Wire
11-08-2025
- Business
- Business Wire
Curtiss-Wright Announces $200 Million Expansion of 2025 Share Repurchase Program
DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced a $200 million expansion of its 2025 share repurchase program, which is now expected to result in annual share repurchases of $266 million in 2025. 'We are pleased to announce this new $200M expansion of our 2025 repurchase program and increase to our annual share buyback commitment,' said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. Share 'We are pleased to announce this new $200 million expansion of our 2025 repurchase program and increase to our annual share buyback commitment,' said Lynn M. Bamford, Chair and Chief Executive Officer of Curtiss-Wright Corporation. 'As evidenced by the recent increase in our full-year 2025 guidance across all major financial metrics, communicated earlier this month, we are compounding earnings at a mid-teens pace over time, and delivering strong and consistent free cash flow generation. Our healthy balance sheet continues to support disciplined capital allocation centered on pursuing strategic acquisitions as an accelerator to organic growth, reinvesting in our business, and ensuring consistent returns to shareholders.' Under this new program, the Company will repurchase $200 million in additional shares immediately via a 10b5-1 program. The Company continues to execute on its existing $60 million share repurchase program, initiated in January 2025, which is expected to be completed this year. Upon completion of these programs, the Company will have remaining open repurchase authorization of $334 million. About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Nuclear Power, Process and Industrial markets. We leverage a workforce of approximately 9,000 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit
Yahoo
24-07-2025
- Business
- Yahoo
Curtiss-Wright Corporation (CW): A Bull Case Theory
We came across a bullish thesis on Curtiss-Wright Corporation on VantagePointAI's Substack. In this article, we will summarize the bulls' thesis on CW. Curtiss-Wright Corporation's share was trading at $484.10 as of July 17th. CW's trailing P/E was 43.07 according to Yahoo Finance. Copyright: vencavolrab78 / 123RF Stock Photo Curtiss-Wright Corporation (NYSE: CW), a century-old industrial leader born from the Wright Brothers' and Glenn Curtiss' pioneering aviation ventures, now specializes in mission-critical components powering aircraft, naval propulsion, nuclear energy, and defense electronics. With 8,200 employees and a reputation for engineering precision, CW has become a trusted supplier to governments and blue-chip customers worldwide. Financially, the company shows remarkable strength: sales and earnings have grown steadily, with a 101% earnings increase since 2020 on a 31% revenue rise, demonstrating efficiency gains. Q1 2025 results underscored execution excellence, with 13% sales growth to $806 million, a 34% jump in adjusted operating income, and a 42% EPS rise, accompanied by raised full-year guidance. Demand for CW's defense and infrastructure technologies is accelerating amid rising global military modernization and energy resilience efforts, with a record $1 billion backlog signaling enduring structural tailwinds. Curtiss-Wright's disciplined capital allocation, including over 50 consecutive years of dividend growth, underscores long-term shareholder CW is breaking through both 52-week and decade-long highs, a bullish indicator of institutional accumulation. Analysts' price targets span $309–$500, implying 42% swing potential, consistent with CW's elevated beta of 1.14, which amplifies market moves. Recent 52-week price action — from lows of $258.85 to highs of $463.38 — signals volatility that active traders can harness. Management's confident tone, rising orders, and expanding margins point to sustained momentum. CW's quiet resilience, proven execution, and mission-critical footprint make it a compelling opportunity, offering both stability and upside in an environment defined by defense spending, infrastructure investment, and geopolitical uncertainty. Previously we covered a bullish thesis on TransDigm Group Incorporated (TDG) by Summit Stocks in May 2025, highlighting its dominant aftermarket model, pricing power, and disciplined capital allocation driving compounding returns. The company's stock price has appreciated by about 13.52% since our coverage as its resilient high‑margin model delivered. The thesis stands, while VantagePointAI emphasizes Curtiss‑Wright's momentum and defense exposure. Curtiss-Wright Corporation is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 46 hedge fund portfolios held CW at the end of the first quarter which was 50 in the previous quarter. While we acknowledge the potential of CW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
16-04-2025
- Automotive
- Yahoo
Curtiss-Wright's Advanced Mobile Aircraft Arresting Systems Enhance Royal Australian Air Force Operational Capabilities
CHESWICK, Pa., April 16, 2025--(BUSINESS WIRE)--Curtiss-Wright's EMS Division today announced that the Royal Australian Air Force (RAAF) at RAAF Base Amberley has successfully conducted testing of Curtiss-Wright's ESCO Mobile Aircraft Arresting Systems (MAAS), featuring the advanced 12 Rotor BAK-12 Energy Absorbers. This testing represents a significant upgrade to the RAAF's capabilities, providing enhanced braking performance essential for the demands of modern aviation. Curtiss-Wright's 12 Rotor BAK-12 Energy Absorber systems deliver improved braking capabilities compared to the previously fielded 8 Rotor variant. This enhancement is crucial for accommodating the anticipated higher weight and speed requirements associated with the F-35A fighter aircraft, ensuring the safety and effectiveness of operations and landings. "Curtiss-Wright is proud to support the RAAF with our state-of-the-art aircraft arresting systems," said Dave Micha, Sr. Vice President and General Manager of EMS division. "Our commitment to providing cutting-edge solutions is reflected in the capabilities of ESCO's 12 Rotor BAK-12 Energy Absorbers, which are engineered to meet the challenges of today's advanced military aircraft." Curtiss-Wright's ESCO business, through its operations in Aston, PA and Genté, France, is a leading global supplier of military aircraft arresting systems and support services, offering a range of proven aircraft arresting solutions designed to meet the specifications and requirements of today's diverse fleet. For more information, including images of the 12 Rotor BAK-12 Energy Absorbers, please visit the Australian Government Defense Website: To learn more about Curtiss-Wright ESCO's product and capabilities, please visit: Additional Information Australian Government Defense Website / Images of 12 Rotor BACK-12 Energy Absorbers Curtiss-Wright ESCO About Curtiss-Wright Corporation Curtiss-Wright Corporation is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of approximately 8,800 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit View source version on Contacts Rachel Lukcic(412) 298-7047rlukcic@ Sign in to access your portfolio
Yahoo
06-03-2025
- Business
- Yahoo
Curtiss-Wright Receives $18 Million Follow-On Order from U.S. Marine Corps to Support Combat Data Network Program with Tactical Communications
Curtiss-Wright to supply its PacStar 451 Server, PacStar 453 GPU Enhanced Server, and PacStar 448 10-port 10 GbE Switch modules ASHBURN, Va., March 06, 2025--(BUSINESS WIRE)--Curtiss-Wright's Defense Solutions Division today announced it has received a follow-on order from the U.S. Marine Corps, PEO Land Systems, via Defense Logistics Agency - Tailored Logistic Support (DLA-TLS) contract, to provide its Modular Open Systems Approach (MOSA) based tactical communications technology for use in the Application Server Module (ASM), part of the Combat Data Network (CDN) program. Under the contract, Curtiss-Wright will supply PEO Land Systems with its size, weight and power (SWaP) optimized PacStar® 400-Series technology, including the PacStar 451 Server, PacStar 453 GPU Enhanced Server, and PacStar 448 10-port 10 GbE Switch modules. These products provide small form factor (SFF) ruggedized compute and switching capability at the tactical edge, significantly improving mobility and enhancing speed of deployment while improving transmission rates and data access. The contract is valued at approximately $18 million and follows an earlier order in 2023 in support of the CDN/ASM program valued at more than $15 million. "Curtiss-Wright is proud to have received this follow-on contract from the U.S. Marine Corps to provide our industry-leading, cost-effective tactical edge communications hardware in support of the Combat Data Network," said Brian Perry, Senior Vice President and General Manager, Curtiss-Wright Defense Solutions Division. "This win reflects the U.S. Marine Corps' continued confidence in Curtiss-Wright as a trusted supplier of rugged, deployable communications, processing and network solutions. It builds upon our earlier selection as a critical supplier for the CDN program, including WAN Services Module – Light (WSM-L) in 2020, User Access Case (UAC) in 2021, and WAN Services Module – Expeditionary (WSM-X) in 2022" To find out more about Curtiss-Wright's tactical communications solutions, please click here. For additional information, please visit and LinkedIn. About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of approximately 8,800 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright, headquartered in Davidson, North Carolina, has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit Note: Trademarks are property of their respective owners. This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs and assumptions. Such statements, including statements relating to Curtiss-Wright Corporation's expectations of future performance of our tactical networking products, the performance of its products on these communications platforms, the long term value of this contract, and future opportunities associated with this program, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in US government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities Exchange Act of 1934, as amended, for further information. View source version on Contacts Robert F CovenyVP of Business Developmentrcoveny@ John WranovicsDirector of CommunicationsM: 925.640.6402jwranovics@ Sign in to access your portfolio
Yahoo
25-02-2025
- Business
- Yahoo
Louisiana company building machines to extract hydrogen power from the air
NovaSpark's smallest mobile atmospheric hydrogen generator. (Photo courtesy of NovaSpark) Imagine powering military vehicles, industrial machines and buildings with a clean fuel extracted from the air using a portable self-sustaining generator. The technology exists right here in Louisiana. NovaSpark, an energy technology company with locations in West Monroe and Houston received a $25,000 prize this month from the Future Use of Energy in Louisiana (FUEL) competition for developing the world's first mobile atmospheric hydrogen generator, which takes water out of the air and transforms it to hydrogen on-the-go. FUEL, a collaboration among companies, universities and state agencies, designs energy innovation competitions funded by the National Sciences Foundation. NovaSpark's mobile hydrogen generator pulls water vapor from the air like a dehumidifier and transforms it into hydrogen using electrolysis, the process of passing an electric current through water to separate its molecules into hydrogen and oxygen gases. The unit can then pump the hydrogen into vehicles, hydrogen fuel cells or storage tanks. The energy needed to power the water vapor extractor, electrolysis system and other components comes from a wind turbine and a folding solar panel array that sit atop the unit, all of which fits on a small single-axle trailer. In an interview, NovaSpark CEO Rick Harlow said the company began developing the technology about two years ago as part of a U.S. military experiment. The Pentagon's Defense Innovation Unit asked American startups to come up with new ways to generate fuel in 'austere and isolated environments.' NovaSpark, which counts retired Gen. Glenn Curtiss of the Louisiana National Guard as one of its five owners, answered the call and now has contracts to build units for the Army, Marine Corps and Air Force out of its facility in West Monroe. The company is also developing hydrogen systems for high-altitude reconnaissance balloons, vehicles, drones and tactical electronic systems for the military, Harlow said. Most military vehicles and aircraft currently use diesel, but the Pentagon is interested in hydrogen power's stealth capabilities and its high energy density. Hydrogen vehicles are electric powered and don't actually burn hydrogen in the way that a space rocket does. Rather, they have fuel cells, which are tanks containing water and metals. When hydrogen is added, the fuel cells become electrochemical batteries that power an electric motor. A hydrogen fuel cell vehicle is two to three times more efficient than a gasoline or diesel vehicle, according to the U.S. Department of Energy. They are quieter and have a lower heat signature that can make them difficult to detect on thermal targeting systems. The concept of pulling water vapor out of the air and turning it into hydrogen fuel has been around for a long time but was never fully developed for various reasons. The fossil fuel industry has long dominated vehicle propulsion, and it wasn't always economical to produce hydrogen for vehicles. Most hydrogen is produced by large industrial facilities burning coal or methane, and it can be very expensive to store and transport. So it's often most viable to produce hydrogen directly on-site and as needed, Harlow said. In recent years, the affordability of solar and wind technology made it relatively cost-effective to produce hydrogen on-site with renewable energy. This is especially true for military applications, which can rack up exorbitantly expensive fossil fuel bills. Harlow pointed to reports that the Department of Defense ships diesel to some theaters of operation at a cost of $400 per gallon. NovaSpark's mobile generator produces as much as 5 kilograms of hydrogen per day, enough to power a car for about 375 miles. The unit works well in about 90% of the earth's climate regions with the most challenging being in the coldest and driest areas such as northern Canada, Harlow said. It performs well in desert environments and can actually produce clean drinking water with its vapor extractor, so it has a dual use application, he said. The unit can also tap into existing water sources such as rivers and creeks. Troops can pour dirty water into the machine, and it will purify it for drinking and extract the hydrogen for fuel, according to Harlow. NovaSpark has two other types of hydrogen generators under development. One is a medium-sized stationary unit suitable as a backup power supply for commercial buildings, and the third is a large 1-megawatt unit that fits on an 18-wheeler trailer. The company has partnered with the Shreveport-based Module Solutions, which specializes in solar arrays and other microgrid components, and is working with experts and researchers from the University of Louisiana-Monroe, Louisiana Tech University and Louisiana Clean Fuels. Aside from the atmospheric hydrogen generators, part of NovaSpark's business is building hydrogen fuel cells for drones. When asked about plans for the near future, Harlow said the company is planning to scale up its operations but is still hashing out the details. Harlow said he could not discuss the details of some of the contracts but mentioned the Pentagon's 'Replicator' initiative as one area of business. Replicator is an effort that began last year to fast-track the military's purchasing of thousands of drones to kickstart innovation and compete with China, which currently dominates certain areas of the drone industry. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
