Curtiss-Wright Corp Dossier
Qualitative Analysis
Business overview
Curtiss-Wright Corporation (NYSE: CW) is a global integrated business providing highly engineered, critical-function products, solutions, and services primarily to the aerospace and defense (A&D) markets, as well as demanding commercial power, process, and general industrial markets. Formed in 1929 by the merger of companies founded by aviation pioneers Glenn Curtiss and the Wright brothers, the company operates through three primary segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. Curtiss-Wright is a key supplier of advanced technologies, including flight control actuation systems, ruggedized mission computers, industrial valves, and critical components for commercial nuclear reactors and naval defense programs.
Research as of 19 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
A multi-pronged strategy focused on driving long-term profitable growth by leveraging secular tailwinds in defense electronics, naval sensors, and clean energy markets.
Expected impact: Aims to accelerate organic growth, expand operating margins, and increase export sales to 30% of total revenue by 2027.
Directing naval nuclear pump and valve expertise into the terrestrial Small Modular Reactor (SMR) market, establishing Tier 1 supplier roles for proprietary reactor systems.
Expected impact: Positions the company to capture a significant share of the emerging global clean energy infrastructure market.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Recent Acquisitions
To expand Curtiss-Wright's global commercial nuclear portfolio with safety-critical measurement and control systems, supporting plant life extensions, modernization projects, and SMR designs.
Financial impact: Expected to be accretive to adjusted diluted EPS in its first full year of ownership and generate a free cash flow conversion rate exceeding 100%.
To acquire state-of-the-art simulation and digital twin technology supporting the design, commissioning, and reliable operation of commercial nuclear power generation and process plants.
Financial impact: Accretive to adjusted diluted EPS in its first full year of ownership with a free cash flow conversion rate exceeding 100%.
Strategic Partnerships
Curtiss-Wright's UK-based nuclear business will design, qualify, test, and supply the non-programmable diverse Reactor Protection Systems for Rolls-Royce's global fleet of Small Modular Reactors.
Terms: Multi-million-pound contract signed in August 2025.
Long-term cooperation on the Canadian Patrol Submarine Project (CPSP) to supply Towed Array Handling Systems for KSS-III submarines, strengthening local Canadian defense industrial capacity.
Terms: Formalized in March 2026; contingent on Hanwha Ocean winning the CPSP contract.
Collaboration to develop five custom aerospace test systems to streamline, qualify, and accept Curtiss-Wright's next generation of actuators.
Terms: Announced in March 2026.