Award for Delivery of High Altitude Rugged Storage Systems for CP140 Recorder Program
CHARLOTTE, NC – March 24, 2010 – Curtiss-Wright Corporation today announced that it has received a $1.17 million contract from MDA, Richmond, BC, Canada, to provide High Altitude Rugged 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.
The SANbric product is designed and developed by Curtiss-Wright Controls, Electronic Systems in Dayton, Ohio. The SANbric units for MDA will be manufactured by the Electronic Systems’ facility in Littleton, MA.
About Curtiss-Wright
Curtiss-Wright Corporation (NYSE: CW) is a diversified company headquartered in Parsippany, N.J. The company designs, manufactures and overhauls products for motion control and flow control applications, and provides a variety of specialized metal treatment services. The firm employs approximately 7,900 people worldwide. For more information, please 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. With manufacturing facilities around the world, Curtiss-Wright Controls is a leading technology-based organization providing niche motion control products, subsystems and services internationally for the aerospace and defense markets. For more information, please 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. Such statements, including statements relating to Curtiss-Wright Corporation’s expectations of future performance of our development work, the value of the contract, the continued relationship with an existing customer, the successful implementation and funding of this government program and future opportunities associated with this program, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in US and Foreign government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, 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.
