EUROSATORY 2014 (Booth #HALL 6, Stand J 291), PARIS, FRANCE – June 16-20, 2014 – Curtiss-Wright Corporation (NYSE: CW) today announced that its Defense Solutions division has received a contract from a leading defense and aerospace contractor to supply its COTS-based rugged Ethernet Router technology for use on an unmanned helicopter. Under the agreement, Curtiss-Wright will provide the customer with its Parvus DuraMAR® 5915 router product which will provide IP data routing onboard the rotorcraft. The estimated lifetime value of the contract is approximately $9 million. Shipments began in 2013 and are scheduled to continue through 2014.
“We are very excited to have been selected to provide our cost-effective, proven Cisco®-based Ethernet Router technology for use aboard this advanced unmanned helicopter,” said Lynn Bamford, Senior Vice President and General Manager, Defense Solutions division. “This agreement, which follows our design wins on earlier unmanned rotor wing aircraft underscores our customer’s continued confidence in Curtiss-Wright as a key supplier of rugged COTS technology for use on their industry-leading unmanned rotorcraft.”
About the Parvus DuraMAR 5915
The Parvus DuraMAR 5915 is a rugged COTS Cisco IOS-managed mobile router integrated with Cisco’s 5915 Embedded Services Router (ESR) card in an ultra-rugged chassis optimized for harsh military and civil vehicle / aircraft installations. An ideal solution for IP networking technology refresh and situational awareness applications, including those seeking a migration path for legacy Cisco 3200 (3230 / 3250 / 3270)-based router subsystems, the Parvus DuraMAR 5915 features dual WAN uplinks and is available as either a standalone 5-port network router or with an integrated Gigabit Ethernet switch for a total of 19 Ethernet ports.
The Defense Solutions division is manufacturing the products covered by this agreement at its facility located in Salt Lake City, Utah.
For more information about Curtiss-Wright’s Defense Solutions division, please visit www.curtisswrightds.com.
About Curtiss-Wright Corporation
Curtiss-Wright Corporation (NYSE:CW) is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing reliable solutions through trusted customer relationships. The company employs approximately 10,000 people worldwide. For more information, 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’s expectations of future performance of this contract, the continued relationship with a customer, the performance and capabilities of its Parvus DuraMAR 5915, the continued success of this military program and the 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.