Tag Archives: curtiss wright

Curtiss-Wright Wraps Up $212M Dresser-Rand Govt Business Acquisition

Curtiss-Wright (NYSE: CW) has closed its $212.5 million cash acquisition of the Dresser-Rand government business from Siemens in a move to expand aftermarket support for the U.S. Navy and footprint on the service branch’s nuclear ships. Dresser-Rand will mainly focus its sales efforts on the naval defense market and will now operate as part of …

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Curtiss-Wright to Purchase Siemens’ Dresser-Rand Govt Business for $212M

Curtiss-Wright (NYSE: CW) has agreed to buy Siemens’ Dresser-Rand government business through a $212.5 million cash transaction. Curtiss-Wright said Tuesday it will operate Dresser-Rand as part of its power segment and expects to close the acquisition in April, subject to regulatory approval and other customary closing conditions. “The acquisition of Dresser-Rand’s …

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Raytheon Taps Curtiss-Wright Winch Tech for LCS Sonar

TYSONS CORNER, VA, Sept. 25, 2017 — Raytheon (NYSE: RTN) will procure winch devices from Curtiss-Wright as part of the pre-production test article of the Variable Depth Sonar on the U.S. Navy‘s littoral combat ships, ExecutiveBiz reported Friday. Curtiss-Wright said Thursday Raytheon’s integrated defense systems business will add the winch technology onto …

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L3 Forms Intell & Mission Systems Sector, Names Greg Roberts President

L3 Technologies (NYSE: LLL) has launched an intelligence and mission systems sector that comprises the defense contractor’s Micreo, Oceania and TRL Technology subsidiaries. The IMS sector aims to leverage complementary technology platforms and processes of all three units as well as their engineering and technical expertise to serve government customers, L3 said …

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Curtiss-Wright Closes $233M Teletronics Buy in Data Acquisition Tech Push

Curtiss-Wright (NYSE: CW) has concluded its $233 million cash acquisition of Teletronics Technology Corp. as part of efforts to expand data acquisition technology offerings and geographic footprint. Both companies first announced the deal in early December. Newtown, Pennsylvania-based TTC will integrate into Curtiss-Wright’s defense segment and continue to offer high-technology data acquisition …

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Curtiss-Wright to Purchase Teletronics for $233M; David Adams Comments

Curtiss-Wright (NYSE: CW) has agreed to purchase Newtown, Pennsylvania-based commercial aerospace and defense systems provider Teletronics Technology Corporation for $233 million. Curtiss-Wright said Wednesday the acquired data acquisition and comprehensive flight test instrumentation systems manufacturer will commence operations within the former’s defense segment. “The acquisition of TTC will yield significant opportunities for growth …

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Curtiss-Wright Lands $80M in Contracts to Provide Ship Valves for Navy; David Adams Comments

Curtiss-Wright (NYSE: CW) has secured approximately $80 million in contracts to provide various valves for the U.S. Navy‘s Virginia-class submarines and Ford-class aircraft carriers. The company said Wednesday it received the contracts from business units of Bechtel and General Dynamics (NYSE: GD) as part of a ship construction support and spare parts procurement agreement. Curtiss-Wright …

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Lockheed Picks Curtiss-Wright Turret Drive System for UK Reconnaissance Vehicle

TYSONS CORNER, VA July 20, 2015 — Lockheed Martin (NYSE: LMT) has asked Curtiss-Wright to go ahead with production of the Turret Drive Servo System for installation on the British Army’s fleet of Scout specialist vehicles, ExecutiveBiz reported Friday. Curtiss-Wright said the new $49-million contract follows an initial order worth …

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Joanne Karimi Joins Curtiss-Wright as HR VP; David Adams Comments

Joanne Karimi, formerly human resources chief at Houghton Mifflin Harcourt, has joined Curtiss-Wright (NYSE: CW) as vice president for human resources and will report directly to President and CEO David Adams. “She will play a critical role in leading our team towards achieving our strategic growth objectives, ” Adams said Monday. Karimi will succeed Paul Ferdenzi, who …

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Paul Ferdenzi Promoted to VP, Counsel at Curtiss-Wright ; David Adams Comments

Paul Ferdenzi, a 13-year veteran of Curtiss-Wright (NYSE: CW) and an executive officer since 2011, has been promoted to vice president, general counsel and corporate secretary at the Charlotte, N.C-based contractor. His promotion is effective immediately and he succeeds Michael Denton, who retired after holding those positions for 12 years, …

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