Curtiss-Wright Corporation

Curtiss-Wright Installs Stage 1 Simulator at TerraPower’s Natrium Site in Kemmerer, WY

Curtiss-Wright delivered and installed the Stage 1 full-scope Training Simulator at TerraPower's Natrium site in Kemmerer, Wyoming, built on its 3KEYMASTER simulation platform. The simulator supports operator training and licensing for what is expected to be the first utility-scale advanced nuclear plant, a 345 MW sodium-cooled fast reactor that can boost output to 500 MW via molten-salt energy storage. Under previously awarded contracts, CW is also supplying the plant's Distributed Control Systems and Reactor Protection System, positioning it as a key supplier to next-generation nuclear.

•11d ago

CW: 8-K · share repurchase

Curtiss-Wright's Board of Directors authorized an additional $510 million of share repurchases on September 10, 2026, raising the company's total available buyback authorization to $700 million, including $190 million of remaining availability under prior authorizations. The company immediately launched a $100 million Rule 10b5-1 trading plan running through October 30, 2026, and expects to have $600 million of open authorization entering 2027. Full-year 2026 repurchases are expected to total $460 million, in line with last year's record $466 million program, with more than $1.5 billion returned via buybacks since 2021. Alongside the buyback upsize, Curtiss-Wright declared a quarterly dividend of $0.26 per share, payable October 9, 2026, to holders of record September 25, 2026. CEO Lynn Bamford framed the action as reflecting Board confidence in the company's Pivot to Growth strategy, healthy balance sheet, and strong financial outlook.

SEC 8-K•1mo ago

Curtiss-Wright Raises Total Share Repurchase Authorization to $700 Million and Announces an Additional $100 Million Expansion of 2026 Share Repurchase Program

Curtiss-Wright's board authorized an additional $510 million for share repurchases, lifting the total available authorization to $700 million, with $100 million executed immediately through a 10b5-1 program. The company also declared a quarterly dividend of $0.26 per share, payable October 9, 2026, to stockholders of record as of September 25, 2026. Curtiss-Wright expects annual repurchases of roughly $460 million in 2026, in line with last year's record $466 million, and will enter 2027 with $600 million of open authorization; it has returned more than $1.5 billion via buybacks since 2021. Chair and CEO Lynn M. Bamford said the up-sized authorization reflects the board's confidence in the company's Pivot to Growth strategy, healthy balance sheet and strong financial outlook.

•1mo ago

Curtiss-Wright Awarded $40 Million in Contracts by Leidos to Supply Electromechanical Actuation and Mission Computing for U.S. Army Indirect Fire Protection Capability Program

Curtiss-Wright secured approximately $40 million in contracts from Leidos to supply components for the U.S. Army’s Indirect Fire Protection Capability Increment 2 (IFPC Inc 2) program. The company will deliver electromechanical actuators and rugged DuraCOR 8044 mission computers designed for mobile ground-based air defense systems. This award supports the defense of Guam against evolving threats like cruise missiles and unmanned aircraft, reinforcing Curtiss-Wright’s role in critical military programs.

•1mo ago

Curtiss-Wright Announces New $100 Million Expansion of 2026 Share Repurchase Program

Curtiss-Wright expanded its 2026 share repurchase program by $100 million, raising the total expected buybacks for the year to $260 million. Management will execute the new authorization immediately via a 10b5-1 plan while continuing to execute an existing $60 million program initiated in January. Upon completion of these programs, the company will retain $290 million in remaining open repurchase authorization.

•2mo ago

Curtiss-Wright Announces $100 Million Expansion of 2026 Share Repurchase Program

Curtiss-Wright increased its 2026 share repurchase program by $100 million, bringing the total expected buybacks for the year to $160 million. CEO Lynn Bamford noted that the expansion reinforces confidence in future growth, citing strong operational performance and recent upward guidance revisions. The additional shares will be repurchased immediately via a 10b5-1 plan, with $390 million in remaining authorization expected to stay open upon completion.

•2mo ago

Curtiss-Wright Reports Second Quarter 2026 Financial Results and Raises Full-Year 2026 Guidance

Curtiss-Wright reported Q2 sales of $924 million, up 5% year-over-year, while adjusted diluted EPS jumped 15% to $3.72 on 110 basis points of operating margin expansion. The company raised its full-year 2026 guidance, projecting sales growth of 8-9% and EPS of $15.10 to $15.40, driven by strong momentum in its Aerospace & Defense order book. New orders increased 8% to $1.1 billion, resulting in a 1.16x book-to-bill ratio, and the board authorized an 8% increase in the quarterly dividend.

•2mo ago

Curtiss-Wright Announces $80 Million Multi-Year Investment to Expand Its Operations in Cheswick, Pennsylvania

Curtiss-Wright announced an $80 million multi-year investment to expand its Cheswick, Pennsylvania facility, targeting increased manufacturing and testing capacity for its naval defense and commercial nuclear segments. The expansion project, which began in 2025, involves the construction of two new buildings and is expected to create approximately 150 new jobs over the next three years while retaining 860 existing positions. The initiative is supported by a $1.21 million grant from the Pennsylvania Department of Community and Economic Development and aims to reduce lead times and improve operational efficiency.

•3mo ago

Curtiss-Wright Reports First Quarter 2026 Financial Results and Raises Full-Year 2026 Guidance for Sales, Operating Margin, EPS and Free Cash Flow

Curtiss-Wright reported Q1 sales of $914 million, up 13% year-over-year, with adjusted EPS rising 23% to $3.48 driven by margin expansion and strong demand across A&D and commercial markets. The company raised its full-year 2026 guidance, now expecting sales growth of 7-8% and operating margin of 19.0-19.2%, up from prior ranges. New orders increased 16% to $1.2 billion, resulting in a 1.3x book-to-bill ratio, while backlog grew 5% to $4.3 billion.

•5mo ago

Curtiss-Wright Announces Transition From Design to Prototype Manufacturing of Helium Circulator and Safety Systems for X-energy’s Xe-100 Reactor

Curtiss-Wright has advanced to the prototype manufacturing phase for the Helium Circulator and Reactivity Control and Shutdown Systems for X-energy's Xe-100 reactor. These components are critical for the High Temperature Gas-cooled Reactor's functionality, enabling thermal energy transfer and safe shutdown operations. CEO Lynn M. Bamford characterized the move as a meaningful step forward in the partnership and a demonstration of commitment to advancing energy technology innovation.

•5mo ago