Curtiss-Wright Awarded $27 Million Contract to Provide Aircraft Handling Systems and Support for U.S. Navy Constellation Class Frigates
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Curtiss-Wright Corporation has been awarded a $27 million contract by the Canadian Commercial Corporation to supply Aircraft Ship Integrated Securing and Traversing systems for U.S. Navy Constellation Class Frigates.
January 21, 2025 | 2:15 pm
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Curtiss-Wright Corporation has secured a $27 million contract to supply aircraft handling systems for U.S. Navy Constellation Class Frigates, potentially boosting its revenue and strengthening its position in the defense sector.
The $27 million contract is a significant addition to Curtiss-Wright's revenue stream and highlights its role in the defense sector. The contract with the U.S. Navy, facilitated by the Canadian Commercial Corporation, underscores the company's capability in providing critical aircraft handling systems. This deal is likely to positively impact Curtiss-Wright's stock price in the short term due to increased revenue and strengthened market position.
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