For the supply of Rugged Single Board Computers for U.S. Army’s Centurion™ Weapon System
CHARLOTTE, NC – January 24, 2011 – Curtiss-Wright Controls, Inc. today announced that it received a contract from Raytheon to provide rugged single board computers (SBC), digital signal processors (DSP) and buffer memory cards for use in the Centurion™ Weapon System that Raytheon supplies to the U.S. Army. The initial contract, valued at $5.7 million was for deliveries in 2010. There is potential for additional deliveries with an estimated value of $5 million in 2011.
“We are proud to have been selected by Raytheon to provide our rugged high performance computing and digital signal processing modules for use in the U.S. Army’s critical Centurion Weapon System,” said David Adams, co-chief operating officer of Curtiss-Wright Corporation.
Curtiss-Wright will develop the SBCs at its San Diego, CA facility. The DSP boards are developed at the company’s Ashburn, VA facility, and the buffer memory modules are developed at its Chatsworth, CA location. The systems will be shipped to Raytheon in Louisville, KY.
Curtiss-Wright will provide Raytheon with its SVME-412 DSP, SCP-122 SBC, SPMC-230 StarLink module and MM-6790F/8M Flash Module. The boards will provide processing for use in the Centurion Weapon System which is based on the proven Phalanx system for intercepting rockets, artillery and mortar rounds in the air before impact, thereby reducing or eliminating damage. The Curtiss-Wright boards will control the system’s target tracking system radar and to compute fire correlations in the main system computer.
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, visit www.cwcontrols.com.
About Curtiss-Wright
Curtiss-Wright Corporation (NYSE: CW) is a diversified company headquartered in Parsippany, NJ. The company designs and manufactures 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, 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 a customer, the successful implementation and funding of this foreign government 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.