News Details
CURTISS-WRIGHT RENEWS LONG-TERM CONTRACT WITH NORD MICRO
October 25, 2004
Contract Has a Potential Value of More Than $10 Million
ROSELAND, N.J., Oct 25, 2004 /PRNewswire-FirstCall via COMTEX/ -- Curtiss-Wright Corporation (NYSE: CW; CW.B) has renewed its long-term contract with Nord Micro, a division of Hamilton Sundstrand in Frankfurt, Germany. The contract represents a potential value of more than $10 million through 2011.
As part of the contract, Curtiss-Wright Controls, the Motion Control segment of Curtiss-Wright, will provide high-end motor assemblies from its facility in Stratford, Ontario, Canada. These motor assemblies are part of the cabin pressure control systems for existing commercial aircraft programs, including the Airbus A320, A330 and A340 series and the Boeing 737. Additionally, the contract covers the supply of motors for installation on the new Boeing aircraft.
"The contract renewal represents another step in the rapid and evolving position of Curtiss-Wright as a world-class supplier of motors, resolvers and electromechanical actuators to the aerospace industry," said Martin R. Benante, Chairman and Chief Executive Officer of Curtiss-Wright Corporation.
ABOUT CURTISS-WRIGHT
Curtiss-Wright Corporation is a diversified company headquartered in Roseland, New Jersey. The Company designs, manufactures and overhauls products for motion control and flow control applications, and provides metal treatment services. The firm employs approximately 5,500 people worldwide. More information on Curtiss-Wright can be found on the Internet at http://curtisswright2014.q4web.com .
ABOUT CURTISS-WRIGHT CONTROLS, INC.
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 the aerospace and defense markets. For more information, visit http://www.cwcontrols.com .
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
Alexandra M. Deignan, Curtiss-Wright, +1-973-597-4734