Curtiss-Wright Corp - Company Profile

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Curtiss-Wright Corp: Segment Analysis

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Business Description

Curtiss-Wright Corp (Curtiss-Wright) is a company that designs, manufactures and overhauls highly engineered products and provides related services such as rugged computing, flight instrumentation, valve technologies, and surface treatments. It serves customers in the general industrial, aerospace, defense and power generation sectors. The company owns and has operating interests in manufacturing facilities in New York, Arizona, California, Ohio, North Carolina, South Carolina, and Pennsylvania, the US, and internationally in Mexico, Canada and the United Kingdom.

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R&D Overview

Curtiss-Wright invests significantly in R&D to drive innovation and organic growth. The company operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power, each contributing to R&D efforts. The Defense Electronics segment focuses on embedded computing, data acquisition, and tactical communications solutions. Curtiss-Wright aligns with U.S. military priorities, emphasizing modernization and emerging technologies like hypersonics and cyber security. The company supports over 400 defense platforms and 3,000 programs globally, leveraging its expertise in Modular Open Systems Approach (MOSA) solutions. Also, Curtiss-Wright is involved in the commercial nuclear power market, supporting reactor technologies and next-generation designs. The company's strategic initiatives and disciplined capital allocation, including acquisitions and shareholder returns, strengthen its long-term growth strategy. In FY2025, the company incurred an expense of US$95.1 million on R&D, which as a percentage of revenue was 2.7% and grew 3.8% YoY.

Business Segments

Overview

Provides highly engineered products and services to customers in the general industrial and commercial aerospace markets. Offers industrial and specialty vehicle products such as electronic throttle control devices, joysticks and transmission shifters; valves; sensors and electro-mechanical actuation control components; and surface technology services such as laser peening; shot peening; advanced testing; and coatings. End customers include global industrial and commercial vehicles, medical and transportation industries and distribute products through commercial sales and marketing channels. In FY2025, the segment incurred a capital expenditure of US$31.4 million, which grew 58% YoY.

Performance

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Overview

Offers electronic products which include Commercial Off-the-Shelf embedded computing board-level modules, data acquisition and flight testing equipment, integrated subsystems, instrumentation and control systems, tactical communication systems, and electronic stabilization products. Provides products for aerospace defense, naval defense and ground defense applications and is used in fighter jets, unmanned aerial vehicles, nuclear and non-nuclear naval vessels. Sells products through government-regulated contracting channels. In FY2025, the segment incurred a capital expenditure of US$12.7 million, which grew 13.7% YoY.

Performance

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Overview

Provides products to customers in the naval defense market. Offers coolant pumps, compact motors, generators, propulsion systems, pumps, seals, valves, control mechanisms, fastening systems, containment doors, airlocks, fuel management systems and fluid sealants. Provides ship repair and maintenance services to the U.S Navy's Atlantic and Pacific fleets and sells products through government-regulated contractor channels. In FY2025, the segment incurred a capital expenditure of US$42.1 million, which grew 62.5% YoY.

Performance

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Geographical Segments

Performance

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Performance

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Performance

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