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DAVIDSON, N.C. - Curtiss-Wright Corporation (NYSE:CW), a $20.3 billion market cap aerospace and defense company with "GREAT" financial health according to InvestingPro, has been selected by Bell Textron Inc. to provide encrypted flight data recorder technology for the United States Army’s MV-75 FLRAA next-generation tiltrotor program, the company announced Monday.
The contract covers the supply of a combined cockpit voice recorder (CVR) and flight data recorder (FDR) featuring encryption technology. The first phase of the program began in July 2025 and will continue through full-rate production.
The recording system is based on Curtiss-Wright’s Fortress CVR technology and complies with the latest FAA regulations for 25-hour CVRs, as well as existing international regulations in Europe, Canada, Mexico and Singapore. The unit provides four channels of audio recording with wideband performance.
"With the CVR/FDR solution, we will enable the designer and operator of the aircraft to provide improved safety to its air crew and passengers," said Lynn M. Bamford, Chair and Chief Executive Officer of Curtiss-Wright Corporation, in a press release statement. The company’s strong execution has contributed to its impressive 55.8% return over the past year, as noted by InvestingPro analysts, who maintain 14 additional key insights about the stock.
According to the company, the CVR/FDR combines small size and weight with high-capacity storage and internationally certified encryption technology, which enables rapid deployment and reduced program risk.
The MV-75 FLRAA program is part of the U.S. Army’s Future Vertical Lift initiative. The work will be performed within Curtiss-Wright’s Defense Electronics segment.
Curtiss-Wright is a global integrated business that provides engineered products and services primarily to aerospace and defense markets, with approximately 9,000 employees. The company operates with a moderate debt level and maintains healthy financials with a current ratio of 1.95. For deeper insights into Curtiss-Wright’s financial performance and detailed analysis, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Curtiss-Wright Corporation reported impressive financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $3.23, higher than the forecasted $3.10, and reported revenue of $877 million, exceeding the anticipated $856.15 million. Additionally, Curtiss-Wright announced a significant $200 million expansion of its 2025 share repurchase program, which is expected to bring annual share repurchases to $266 million. This expansion will be executed immediately through a 10b5-1 program, alongside the existing $60 million share repurchase initiative. In other developments, Radiance Technologies appointed Tony Moraco, former CEO of Science Applications International Corporation, to its Board of Directors. Under Moraco’s leadership, SAIC experienced notable revenue growth and strategic acquisitions. These recent developments reflect ongoing strategic initiatives and leadership changes in the sector.
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