Curtiss-Wright expands 2025 share repurchase program by $200 million

DAVIDSON, N.C. - Curtiss-Wright Corporation (NYSE:CW), currently trading above its InvestingPro Fair Value with a market capitalization of $18.32 billion, announced Monday a $200 million expansion of its 2025 share repurchase program, bringing the company’s expected annual share repurchases to $266 million for the year.

The aerospace and defense company will implement the additional $200 million repurchase immediately through a 10b5-1 program, according to a press release statement. Curtiss-Wright continues to execute its existing $60 million share repurchase program that began in January 2025 and is expected to be completed this year.

Upon completion of both programs, the company will have $334 million in remaining open repurchase authorization.

"We are compounding earnings at a mid-teens pace over time, and delivering strong and consistent free cash flow generation," said Lynn M. Bamford, Chair and Chief Executive Officer of Curtiss-Wright Corporation.

The announcement follows Curtiss-Wright’s recent increase in its full-year 2025 guidance across all major financial metrics earlier this month.

Bamford noted that the company’s balance sheet supports its capital allocation strategy, which focuses on pursuing strategic acquisitions to accelerate organic growth, reinvesting in the business, and providing returns to shareholders. The company has maintained dividend payments for 52 consecutive years and operates with a moderate level of debt, according to InvestingPro analysis.

Curtiss-Wright employs approximately 9,000 people and provides engineered products and solutions primarily to aerospace and defense markets, as well as to commercial nuclear power and industrial markets.

In other recent news, Curtiss-Wright Corporation announced its financial results for the second quarter of 2025, surpassing analysts’ expectations. The company reported earnings per share of $3.23, exceeding the forecasted $3.10, which represents a 4.19% surprise. Revenue for the quarter reached $877 million, also surpassing the anticipated $856.15 million. These results reflect a strong performance for Curtiss-Wright in the period. Despite the positive earnings and revenue figures, the company’s stock experienced a decline in after-hours trading. The stock movement suggests that investor sentiment may be influenced by factors beyond the earnings results. Investors and analysts are advised to consider these recent developments in their assessments.

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