Curtiss-Wright Awarded $16M Contract By Iron Bow To Provide Integrated Solution For U.S. Air Force Deployable Communications Optimization; Estimated LTV Of $60M
Portfolio Pulse from Benzinga Newsdesk
Curtiss-Wright has been awarded a $16 million contract by Iron Bow to provide integrated communication solutions for the U.S. Air Force. The contract includes the PacStar® 400 series modules and Commercial Solutions for Classified (CSfC) integration, with an estimated lifetime value of over $60 million.
May 20, 2024 | 8:32 pm
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Curtiss-Wright has secured a $16 million contract from Iron Bow to provide integrated communication solutions for the U.S. Air Force, with an estimated lifetime value of over $60 million.
The contract win is significant for Curtiss-Wright as it not only brings immediate revenue of $16 million but also has a potential lifetime value exceeding $60 million. This will likely boost investor confidence and positively impact the stock price in the short term.
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