News Details
Contracts Exceed $9 Million for the Bradley Fighting Vehicle
ROSELAND, N.J., Dec. 23 /PRNewswire-FirstCall/ -- Curtiss-Wright Corporation (NYSE: CW; CW.B) has received firm-fixed-price contracts with a value of approximately $9.0 million from the United States Army Tank, Automotive and Armaments Command (TACOM) in Rock Island, Ill.
The contract awards are for the procurement of a variety of electrical components, including various quantities of circuit card assemblies and subsystems for several models of the Bradley Fighting Vehicle. The products include power distribution, weapons and sight-selection controllers on the Bradley A2, A2ODS and A3 variants.
"We are proud the U.S. Army has chosen us to continue supporting this important program," said Martin R. Benante, Chairman and Chief Executive Officer of Curtiss-Wright. "Curtiss-Wright has been associated with the Bradley program for many years and we are very pleased to have the opportunity to provide upgrades on such an important military platform, especially during these critical periods when the Army will be repairing, overhauling and 'resetting' its fighting machines after extended operations in Iraq."
Curtiss-Wright, through its Motion Control segment, will provide over 2,000 circuit card assemblies and line replaceable assemblies, beginning in December 2004 continuing through the end of 2005, from its manufacturing facility located in Littleton, MA. This facility has manufactured subsystems for the Bradley Fighting Vehicles for over 15 years and has a unique strength in management of electronic obsolescence for numerous military programs.
ABOUT CURTISS-WRIGHT
Formed in 1929, Curtiss-Wright Corporation is the legacy company of Glenn Curtiss and the Wright brothers' pioneering achievements, which gave birth to the aviation industry. Today, Curtiss-Wright continues to focus on innovation as a diversified, global provider of highly engineered, technologically advanced products and services for military, commercial and industrial applications. The Company designs, manufactures and overhauls products for motion control and flow control applications, and provides metal treatment services. Headquartered in Roseland, New Jersey, Curtiss-Wright employs approximately 5,500 people worldwide. More information on Curtiss-Wright can be found on the Internet at http://curtisswright2014.q4web.com.
ABOUT MOTION CONTROLS
Headquartered in Gastonia, North Carolina, Curtiss-Wright Controls, Inc. is the Motion Control segment of Curtiss-Wright Corporation (NYSE: CW; CW.B). With manufacturing facilities around the world, Curtiss-Wright Controls is a leading technology-based organization providing niche motion control products, embedded computers, subsystems and services internationally. For more information, visit http://www.cwcontrols.com.
This release contains forward-looking statements relating to the potential value of a U.S. government contract. These forward-looking statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. 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 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 and Exchange Act of 1934, as amended, for further information.
SOURCE Curtiss-Wright Corporation
12/23/2004
CONTACT: Alexandra M. Deignan for the Curtiss-Wright Corporation,
+1-973-597-4734
Web site: http://curtisswright2014.q4web.com
http://www.cwcontrols.com
(CW CW.B)