DAVIDSON, N.C.– Curtiss-Wright Company (NYSE: CW) now introduced that it has been awarded a agreement to assist the new Enduring Defend platform from Dynetics, a Leidos corporation, to fulfill the U.S. Army’s cruise missile defense requires.
Below the deal, Curtiss-Wright will style and design and develop electromechanical actuators for the 1st 16 Dynetics launcher platforms, with an solution for 400 supplemental launchers with linked interceptors.
‘Curtiss-Wright is very very pleased to have been picked out by Dynetics to provide our elevation and stabilization actuators in aid of this important U.S. Military missile protection procedure,’ stated Lynn M. Bamford, Chair and CEO of Curtiss-Wright Company. ‘Our collaboration with the U.S. Army to produce actuation systems reflects Curtiss-Wright’s extensive-standing commitments and on-likely assist of the U.S. Army’s most essential floor protection platforms.’
‘Curtiss-Wright has a prolonged heritage of supporting the U.S. Army’s ground protection methods via their goods,’ stated Leidos’ Dynetics Group President Steve Cook dinner. ‘We know they’re going to be a worthwhile part of our crew, and we glance forward to doing the job with them on our Enduring Defend launchers.’
The U.S. Military Software Govt Office environment Missiles and Area awarded Dynetics the contract for the Indirect Fires Defense Capacity (IFPC) plan to make its mobile ground-based weapon technique. The system is built to get, observe, have interaction and defeat cruise missiles, rockets and unmanned plane technique threats.
The actuators, produced at Curtiss-Wright’s Chanhassen, Minn. facility, include the company’s Exlar roller screw and motor technologies meeting arduous environmental and performance requirements expected by the U.S. Army. The engineering has broad applications across the protection, business aerospace and industrial markets. For far more details on Curtiss-Wright actuation items, pay a visit to www.cw-actuation.com.
About Curtiss-Wright Company
Curtiss-Wright Company (NYSE:CW) is a international built-in business enterprise that supplies extremely engineered merchandise, answers and providers mostly to Aerospace & Protection markets, as effectively as vital technologies in demanding Commercial Electrical power, Course of action and Industrial markets. We leverage a workforce of 8,000 really proficient employees who produce, style and design and create what we feel are the very best engineered alternatives to the marketplaces we provide. Constructing on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a extensive custom of offering modern answers by dependable purchaser relationships. For a lot more information and facts, stop by www.curtisswright.com.
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This push release contains ahead-seeking statements designed pursuant to the Protected Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, together with statements relating to Curtiss-Wright’s expectations of a ongoing romance with an existing customer, the continued funding and achievements of this ground protection application, the efficiency of its items in this application, and the probable value associated with this agreement, are not viewed as historical facts and are viewed as ahead-looking statements beneath the federal securities laws. These kinds of forward-wanting statements are matter to selected hazards and uncertainties that could cause precise success to differ materially from people expressed or implied. Audience are cautioned not to spot undue reliance on these ahead-wanting statements, which speak only as of the date hereof. This sort of challenges and uncertainties consist of, but are not restricted to: a reduction in anticipated orders an economic downturn modifications in aggressive market and/or customer demands a alter in US and International govt paying an lack of ability to carry out client contracts at anticipated value amounts and other aspects that usually affect the enterprise of aerospace, protection contracting, marine, electronics and industrial businesses. Remember to refer to the Company’s recent SEC filings underneath the Securities Exchange Act of 1934, as amended, for further more information.
Jim Ryan
(704) 869-4621
[email protected]
Supply: Curtiss-Wright Corporation