Curtiss Wright Corp (NYSE: CW)

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 nuclear power, process, and industrial markets. The company maintains a unique presence on high-performance platforms and critical applications requiring technical sophistication, benefiting from decades of engineering expertise and knowledge transfer. Curtiss-Wright has been involved in numerous industry firsts, including commercial aerospace, naval nuclear power, commercial nuclear power, and defense electronics, and today maintains competitive positions in key end markets through engineering leadership, precision manufacturing, and long-standing customer relationships.

Curtiss-Wright generates revenue through the sale of highly engineered products and services across its three reportable segments. Primary offerings include sensors, controls, electro-mechanical actuation components, surface technology services such as shot peening and laser peening, industrial and specialty vehicle products, COTS embedded computing modules, data acquisition and flight test instrumentation, integrated subsystems, tactical communications solutions, naval propulsion and auxiliary equipment, aircraft arresting systems, and products for commercial nuclear power plants including reactor coolant pumps and containment systems. The company serves defense prime contractors, commercial aerospace original equipment manufacturers, and numerous energy and manufacturing companies, competing globally based on technology and pricing.

The company operates through the following segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.

• Aerospace & Industrial: This segment provides a diversified offering of highly engineered products and services including sensors, controls, and electro-mechanical actuation components used on commercial and military applications, surface technology services such as shot peening, laser peening, and engineered coatings utilized in both commercial and defense end market applications, and industrial and specialty vehicle products such as power management electronics, traction inverters, transmission shifters, and control systems. The segment maintains long-standing customer relationships and a broad portfolio promoting efficiency, safety, reduced emissions, and longevity. Commercial aerospace business is primarily impacted by OEM production rates of new aircraft, while defense business is driven by government funding and spending on new programs, primarily from the U. S. Government.

• Defense Electronics: This segment provides COTS embedded computing board-level modules and processing equipment, data acquisition and flight test instrumentation equipment, integrated subsystems, instrumentation and control systems, tactical communications solutions for battlefield network management, and electronic stabilization products. The segment also offers avionics and electronics, flight test equipment, and aircraft data recorder and management solutions to the commercial aerospace market. As a supplier of Modular Open Systems Approach based solutions, Curtiss-Wright has widespread platform-level content on fighter jets, helicopters, UAVs, ground combat equipment, tactical vehicles, and nuclear and non-nuclear surface ships and submarines, including a presence on more than 400 defense platforms and more than 3,000 programs worldwide.

• Naval & Power: This segment provides naval propulsion and auxiliary equipment including main coolant pumps, power-dense compact motors, generators, steam turbines, valves, and secondary propulsion systems, primarily to the U. S. Navy supporting Virginia-class and Columbia-class submarine programs and the Ford-class aircraft carrier program. It also provides ship repair and maintenance for the U. S. Navy’s Atlantic and Pacific fleets through three coastal service centers. For the power & process markets, the segment offers hardware, valves, fastening systems, specialized containment doors, airlock hatches, simulation equipment, spent fuel management products, Reactor Coolant Pumps, control rod drive mechanisms, and severe-service valve technologies for oil and gas, chemical, petrochemical, and industrial markets worldwide.

Curtiss-Wright maintains competitive positions in the majority of its key Aerospace & Defense and commercial end markets through engineering and technological leadership, precision manufacturing, and long-standing customer relationships where it is deeply embedded in customers' workflows. The company differentiates itself by the strength of its combined portfolio, benefiting from long-term stability in defense businesses and agility in commercial businesses, while competing globally based on technology and pricing.

Curtiss-Wright serves hundreds of customers across various industries, including defense prime contractors, commercial aerospace original equipment manufacturers, and numerous energy and manufacturing companies. Approximately 47% of total net sales in 2025 were derived from contracts with agencies of, and prime contractors to, the U. S. Government, with no single customer accounting for more than 10% of total net sales in 2025, 2024, or 2023.