For Delivery of Structural Components and Hardware for the F-35 Joint Strike Fighter’s Missile Trapeze System
CHARLOTTE, NC – April 13, 2010 – Curtiss-Wright Controls, Inc. today announced that it has received a contract from Lockheed Martin to provide structural components and related hardware for the F-35 Lightning II Joint Strike Fighter aircraft’s Trapeze Hardware System. The Trapeze system, for evaluation in the F-35’s system development and demonstration (SDD) phase, will provide the ability to utilize rail-launched missiles carried on a trapeze that swings clear of the F-35’s weapon bay.
“Curtiss-Wright is pleased to have been selected by Lockheed Martin to provide hardware and components for this important weapon system,” said David Adams, co-chief operating officer of Curtiss-Wright Corporation. “The ability to support rail launched missiles will enhance the F-35 Lightning II’s mission flexibility.”
Curtiss-Wright will manufacture trapeze hardware system components at the company’s Flight Systems facility in Shelby, NC. The hardware will be shipped to Lockheed Martin‘s facility in Fort Worth, TX. The contract continues through 2012.
The F-35 is a supersonic, multi-role, 5th generation stealth fighter that will enter operational service in 2012.
About Curtiss-Wright Controls, Inc.
Headquartered in Charlotte, NC, 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.
About Curtiss-Wright
Curtiss-Wright Corporation (NYSE: CW) is a diversified company headquartered in Parsippany, NJ. 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 7,600 people worldwide. For more information, please visit www.curtisswright.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.