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Curtiss-Wright Awarded Commercial Power Contract
Supply Of Control Drive Mechanisms And Integrated Reactor Vessel Head Services
ROSELAND, N.J., Feb. 2 /PRNewswire-FirstCall/ -- Curtiss-Wright Corporation
(NYSE: CW; CW.B) has been awarded a contract by Westinghouse Electric Company
LLC to supply new control rod drive mechanisms (CRDMs) and associated services
to support the Comanche Peak Steam Electric Station (CPSES) Unit 1 replacement
reactor vessel closure head (RRVCH) project. The work will be performed by
Curtiss-Wright Electro-Mechanical Corporation (EMD), a unit of Curtiss-Wright's
Flow Control segment.
EMD will manufacture 53 CRDMs at its 640,000 square foot facility in Cheswick,
Pennsylvania, install the CRDMs onto the RRVCH, being manufactured by Equipos
Nucleares, S.A. (ENSA) in Spain, and deliver the integrated reactor vessel head
assembly to CPSES in Glen Rose, Texas. The transport of the 170-ton package
will involve a combination of truck and barge shipments. The package will be
shipped by barge to the Gulf of Mexico via the Ohio and Mississippi rivers and
off-loaded onto a truck in Houston, Texas for delivery by December 2006.
"This award represents a significant milestone for the expansion and growth of
Curtiss-Wright products and services in the domestic commercial nuclear power
market," said Martin R. Benante, Chairman and CEO of Curtiss-Wright.
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 a variety of metal
treatment services. The firm employs approximately 5,600 people worldwide.
More information on Curtiss-Wright can be found on the Internet at
http://www.curtisswright.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.
DATASOURCE: Curtiss-Wright Corporation
CONTACT: Alexandra M. Deignan of Curtiss-Wright Corporation,
+1-973-597-4734
Web site: http://www.curtisswright.com/