CURTISS-WRIGHT AWARDED $1.17 MILLION CONTRACT FROM MDA
Award for Delivery of High Altitude Rugged Storage Systems for CP140 Recorder Program
CHARLOTTE, NC – March 24, 2010 – Curtiss-Wright Corporation (NYSE: CW) announced today it has obtained a $1.17 million contract from MDA of Richmond, BC in Canada to provide Reliable High Altitude Storage Systems on the Canadian Forces Air Command’s CP-140 maritime patrol aircraft. Curtiss-Wright will provide MDA with its SANbric SAN (storage area network) storage system.
“Curtiss-Wright is excited to supply MDA with our high density rugged storage technology for the CP-140 maritime patrol aircraft,” said David Adams, co-chief operating officer of Curtiss-Wright Corporation.
Dayton, Ohio-based Curtiss Wright Controls Electronic Systems designed and developed the SANbric product. The Electronic Systems’ facility in Littleton, MA will manufacture the SANbric units for MDA.
About Curtiss-Wright
Curtiss-Wright Corporation is a diversified company headquartered in Parsippany, NJ. The company designs, manufactures and overhauls products for flow control and motion control applications, providing a variety of specialized metal treatment services. The firm currently employs approximately 7,900 people worldwide. For more information, visit www.curtisswright.com.
About Curtiss-Wright Controls, Inc.
Headquartered in Charlotte, N.C., Curtiss-Wright Controls is the motion control segment of Curtiss-Wright Corporation (NYSE: CW). Curtiss-Wright Controls is a leading international technology-based organization. With manufacturing facilities around the world, the company provides niche motion control products, subsystems and services for the aerospace and defense markets. For more information, visit www.cwcontrols.com.
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This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs and assumptions. Such statements, including statements relating to Curtiss-Wright Corporation's expectations for the prospective performance of Hybricon Corporation, the potential opportunities associated with the acquisition, and the success of the Company integrating Hybricon Corporation into its Motion Controls segment, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements contain certain risks and uncertainties that may cause actual results to differ materially from those expressed or implied. Readers are cautioned not unduly rely on these forward-looking statements, which speak only as of the date hereof. Risks and uncertainties include, but are not limited to: changes in competitive marketplace and/or customer requirements; a reduction in anticipated orders; a change in US government spending; an economic downturn; an inability to perform customer contracts at anticipated cost levels; and other factors that usually affect the business of aerospace, marine, defense contracting, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities Exchange Act of 1934, as amended, for further information.
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