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curtiss-wright corp (CWT) Details

Curtiss-Wright Corporation provides engineered products and services to the defense, power generation, oil and gas, commercial aerospace, and general industrial markets worldwide. It operates through three segments: Flow Control, Controls, and Surface Technologies. The Flow Control segment designs, manufactures, distributes, and services a range of engineered flow control products, including valves, pumps, motors, generators, instrumentation, shipboard systems, vessels, and control electronics, as well as energy production and processing solutions. Its product groups comprise electro-mechanical systems, nuclear group products, oil and gas systems, and marine and power products. This segment serves the naval defense, power generation, oil and gas, and industrial sectors. The Controls segment designs, develops, and manufactures mechanical systems, drive systems, and mission-critical embedded computing products and sensors for use in the aerospace, defense, and industrial industries. Its product groups include defense solutions, flight systems, avionics and industrial products, and integrated sensing products. The Surface Technologies segment provides various metallurgical services, which include shot peening, laser peening, coatings, anodizing, heat treating, and analytical services. This segment offers its services to the aerospace, automotive, construction equipment, oil and gas, petrochemical, and metal working industries. The company also provides replacement equipment, aftermarket parts, and testing services to the owner/operators of nuclear power plants and the original equipment manufacturers (OEMs), who supply critical components to the nuclear industry. Curtiss-Wright Corporation was founded in 1929 and is headquartered in Charlotte, North Carolina.

10,000 Employees
Last Reported Date: 02/21/14
Founded in 1929

curtiss-wright corp (CWT) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $898.0K
Chief Financial Officer and Vice President of...
Total Annual Compensation: $517.0K
Chief Operating Officer
Total Annual Compensation: $464.8K
Compensation as of Fiscal Year 2013.

curtiss-wright corp (CWT) Key Developments

Curtiss-Wright Introduces Single-Slot Victory Ethernet Switch and Vehicle Management Processor

Curtiss-Wright Corporation announced that its Defense Solutions division has introduced the first single-slot commercial-off-the-shelf (COTS) module solution for integrating the essential networking elements needed to implement the U.S. Army’s VICTORY (Vehicular Integration for C4ISR/EW Interoperability) standard on legacy and future ground vehicles. The new VPX3-671 VICTORY Ethernet Switch and Single Board Computer (SBC) is a rugged 3U VPX module. It features a core subset of the advanced network switch and computing resources of Curtiss-Wright’s groundbreaking Digital Beachhead™ subsystem. The lightweight, compact VPX3-671 provides a line replaceable module (LRM) approach for implementing VICTORY, the U.S. Army’s mandated approach for modernizing ground vehicle networks, eliminating “stovepiped” system functionality, and increasing interoperability. Using the SWaP-C optimized VPX3-671, system integrators can quickly and cost-effectively embed the networking and vehicle management processing capabilities needed to modernize today’s tactical ground vehicles. The VPX3-671 delivers a fully-featured 12-port managed Gigabit Ethernet (GbE) switch that is tested to be compliant with the VICTORY specification as an Infrastructure Switch. It features a powerful set of networking features to implement high-speed advanced in-vehicle network architectures and supports connectivity for legacy 10 Mbps and 100 Mbps Ethernet devices, as well as today’s 1000 Mbps Ethernet systems. The VPX3-671 networking core supports a wide range of popular switching features, including support for IPv4/v6, VLANs, IGMP multicast, QoS, MSTP/RSTP, link aggregation, port mirroring, jumbo frames and static routing for WAN connectivity. Precision Time Protocol (IEEE-1588v2/PTP) is also supported, accurately synchronizing time between network nodes, and can be locked to a GPS time source to become a master clock. The VPX3-671’s 1.2 GHz Freescale™ Power Architecture® QorIQ™ Dual-core P2020-based general purpose SBC is optional and is installed as a mezzanine daughtercard. The SBC can be used to host VICTORY Services and to support customer developed applications such as vetronics control and Conditioned Based Maintenance data collection. In addition to efficiently implementing VICTORY architectures into tactical ground vehicles, the VPX3-671 is also ideal for use in any system application that requires a combined SWaP-C optimized Ethernet switch and general purpose SBC. The VPX3-671 comes completely integrated with all network management software. Software support for the Freescale SBC mezzanine includes Wind River® Linux® and VxWorks™ operating environments.

Curtiss-Wright Corporation Announces Executive Changes

Curtiss-Wright Corporation announced that David C. Adams has assumed the role of Chairman, effective immediately and pursuant to the Company's October 2014 announcement, adding to his role as Chief Executive Officer (CEO). Former Executive Chairman Martin R. Benante, 62, has retired from the Company effective January 1, 2015, completing a long legacy as only the eleventh leader in Curtiss-Wright's proud 85 year history. As part of the formal transition plan announced in 2013, Mr. Benante will continue as a member of the Board of Directors until the conclusion of the Company's next Annual Meeting in May 2015, at which time he will retire from the Board. The Company will continue to have an independent Lead Director preside over executive sessions of the Board. David C. Adams assumed the role of President and Chief Executive Officer of Curtiss-Wright Corporation in August 2013, and was named a member of the Board. Previously, Mr. Adams served as Chief Operating Officer since 2012 with responsibility for expanding global opportunities for the Company's diversified business operations and products overseeing the Company's three former operating segments Flow Control, Controls and Surface Technologies. Mr. Adams previously served as Co-Chief Operating Officer of Curtiss-Wright, as well as President of Curtiss-Wright Controls, the Motion Control Segment of the Corporation. Mr. Adams has more than 31 years of experience in the aerospace, defense and electronics technology markets.

Curtiss-Wright Corporation Expands New Ultra Small Network Product Family with EMI-Protected 6-Port Ethernet Switch

Curtiss-Wright Corporation announced that its Defense Solutions division has introduced the newest addition to its family of ultra-small form factor (USFF) network switches, the Parvus® DuraNET® 20-12 6-port 10/100 Ethernet switch subsystem. Joining the recently announced 8-port DuraNET 20-11 GbE switch, this rugged, highly miniaturized and fully managed carrier-grade Layer 2/Layer 3 switch solution features a rugged rectangular connector with Quadrax contacts to ensure superior EMI immunity. This specialized connector ensures that other electronics are protected from electrical interference generated by the network switch, while also delivering optimal signal integrity for the switchâ s Ethernet signals. The units Quadrax connectors deliver 100 Ohm differential impedance matching for all Ethernet signals along with integrated EMI/power filtering. Power input voltage, spikes, surges, transients, and EMI/EMC compatibility is provided per MIL-STD-704F, MIL-STD-1275D, and MIL-STD-461F for use in both aircraft and ground vehicle installations. The DuraNET 20-12 is designed to provide optimal performance in deployed defense, aerospace, and civil ground vehicle and aircraft platforms that require extremely low size, weight, power and cost (SWaP-C). Both the DuraNET 20-12 and the earlier announced DuraNET 20-11, which differs in that it features circular MIL-DTL-39999-like connectors instead of Quadrax connectors, combine a stacked PCB architecture with system-on-chip (SOC) technology to deliver advanced network switching in the smallest possible form factor. Weighing less than 0.55 lbs., this cost-effective line-replaceable unit (LRU) is only 10 cubic inches in size and consumes less than 5.0 Watts of power. Use of this highly rugged unit speeds and simplifies the integration of modern network architectures into unmanned air systems (UAS), ground vehicles, fixed wing/rotary aircraft platforms and other SWaP-C constrained applications that must endure harsh environmental and noisy electrical conditions. The DuraNET 20-12 provides true carrier-grade Layer 2/Layer 3 Ethernet software management features, including support for IEEE-1588v2 Precision Timing Protocol (PTP). Designed to perform optimally in the harshest conditions, this rugged LRU is designed to comply with MIL-STD-704F, MIL-STD-1275D, and MIL-STD-461F environmental standards for deployment in demanding civil and military applications. Packaged in a fully sealed IP67 enclosure, the DuraNET 20-12 had no moving parts, supports extended temperature operation (-40 to +85C) and is resistant to high shock/vibration, humidity, altitude, and dust/water ingress.


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Price/Earnings 19.5x
Price/Sales 1.2x
Price/Book 2.0x
Price/Cash Flow 22.2x
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