News Details
Radar Processing Subsystems for the U.S. Marine Corps' G/ATOR Program
ROSELAND, N.J., March 10, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Curtiss-Wright Corporation (NYSE: CW) announced today that it has received a contract from Northrop Grumman to provide radar processing subsystems for use in the U.S. Marine Corps' Ground/Air Task Oriented Radar (G/ATOR) Program. The initial contract, valued at $4.3 million, is for development which is expected to be completed in 2010. The production phase of the program will be executed as an option under the current contract, and is planned to start in 2010.
"Curtiss-Wright is excited to apply its expertise in embedded computing to support the Marine Corps for this innovative new radar system," said Martin R. Benante, Chairman and Chief Executive Officer of Curtiss-Wright. "Our high density digital signal processing products and optimized software tools are ideal, cost-effective building blocks for this important multi-mission expeditionary radar system. Curtiss-Wright has a long, proven track record as a successful partner with Northrop Grumman, and we are pleased to be working with them on this program."
Curtiss-Wright will supply Northrop Grumman Electronic Systems with a rugged air-flow-through radar processing subsystem. Curtiss Wright's solution uses open architecture-based standards and software to provide a high- performance, modular, scalable solution for the G/ATOR Processor. Curtiss- Wright's new VPX boards and subsystems deliver the high performance and advanced ruggedization that the G/ATOR program requires, with the additional cost and design advantages of an open architecture structure.
This subsystem will be designed and manufactured at Curtiss-Wright's motion control facility in San Diego, CA, and will include the latest digital signal processing (DSP), field programmable gate array (FPGA) and single board computer products from its Leesburg, VA and Ottawa, Canada locations. The production phase of the program will be executed as an option under the current contract, and is planned to start in 2010.
GROUND/AIR TASK ORIENTED RADAR (G/ATOR)
The High Mobility Multipurpose Wheeled Vehicle (HMMWV)-mounted Ground/Air Task Oriented Radar (G/ATOR) uses active electronically scanned array (AESA) technology to provide aircraft detection and tracking, cruise-missile detection and tracking, ground-weapon location, and air-traffic control. G/ATOR's lightweight and modular architecture allows for great operational flexibility and the ability to incorporate new processing platforms and technologies as they become available.
The G/ATOR team, led by prime contractor Northrop Grumman, includes Curtiss-Wright, Sensis Corporation, CEA Technologies, Inc., Stanley-Techrizon (formally Telos) and Caterpillar Logistics.
ABOUT CURTISS-WRIGHT
Curtiss-Wright Corporation is a diversified company headquartered in Roseland, N.J. The company designs, manufactures and overhauls products for motion control and flow control applications, and provides a variety of metal treatment services. The firm employs approximately 7,500 people worldwide. More information on Curtiss-Wright can be found at curtisswright2014.q4web.com.
ABOUT CURTISS-WRIGHT CONTROLS, INC.
Headquartered in Charlotte, North Carolina, Curtiss-Wright Controls is the Motion Control segment of Curtiss-Wright Corporation. With manufacturing facilities around the world, Curtiss-Wright Controls is a leading technology- based organization providing niche motion control products, subsystems and services internationally for the aerospace and defense markets. For more information, visit www.cwcontrols.com.
This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, including statements relating to Curtiss-Wright Corporation's expectations of future performance of our development work, the value of the contract, the continued relationship with an existing customer, the successful implementation of this government program 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 and Foreign 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.
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