Curtiss-Wright Awarded Contract for New International Ground Vehicle Program
For electro-mechanical motion control technology used in new military ground vehicle Â
ASHBURN, Va. – Curtiss-Wright Corporation (NYSE: CW) today announced that its Defense Solutions division has received a contract from a leading international systems integrator to supply its modular and scalable electro-mechanical technology for use in a new ground combat vehicle program. Under the contract, shipments are scheduled to begin in 2016 and are expected to continue through 2019. The initial contract is valued at more than $90 million. The potential value of the contract over the lifetime of the program is estimated well in excess of $100 million.
“We are very proud that our industry-leading electro-mechanical motion control technology has been selected for use in this important new military ground vehicle program,” said Lynn Bamford, Senior Vice President and General Manager, Defense Solutions division. “This significant design win highlights the benefits of our modular and scalable approach, which was particularly applicable to the unique requirements of this program. Curtiss-Wright’s modular commercial-off-the-shelf (COTS) approach for electro-mechanical and electronics system architectures helps our customers reduce their design risks and eliminate costs.”
Manufacture of the products covered by this agreement will be overseen by Curtiss-Wright’s Defense Solutions facility located in Switzerland.
About Curtiss-Wright Corporation
Curtiss-Wright Corporation (NYSE:CW) is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing reliable solutions through trusted customer relationships. The company employs approximately 10,000 people worldwide. For more information, visit www.curtisswright.com.
John Wranovics
Director of Public Relations
Curtiss-Wright Defense Solutions
jwranovics@curtisswright.com
Mobile: (925) 640-6402
