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Curtiss-Wright Renews Long-Term Contract with Nord Micro
Contract Has a Potential Value of More Than $10 Million
ROSELAND, N.J., Oct. 25 /PRNewswire-FirstCall/ -- 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://www.curtisswright.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.
DATASOURCE: Curtiss-Wright
CONTACT: Alexandra M. Deignan, Curtiss-Wright, +1-973-597-4734
Web site: http://www.curtisswright.com/
http://www.cwcontrols.com/