Curtiss-Wright Awarded $34 Million Contract to Provide Airborne Data Recorder Technology to the U.S. Navy
05 Octobre 2023 - 3:00PM
Business Wire
Curtiss-Wright Corporation (NYSE: CW) today announced that it
has been awarded a five-year, $34 million firm-fixed-price
indefinite delivery, indefinite quantity (IDIQ) contract by the
Naval Surface Warfare Center (NSWC) to provide Modular Open Systems
Approach (MOSA) based airborne data recorder technology for use on
U.S. and Australian manned and unmanned maritime aircraft.
Under the agreement, Curtiss-Wright will provide and service
Keyed Broad Area Maritime Surveillance Airborne Recorder (K-BAR)
Network Attached Storage (NAS) solutions including chassis, docking
stations, removable storage modules and lab cable sets.
“We are pleased to have been selected by the Naval Surface
Warfare Center to provide our rugged airborne network attached
storage technology and support services for Naval manned and
unmanned aircraft programs,” said Lynn M. Bamford, Chair and CEO of
Curtiss-Wright Corporation. “This award reflects our commitment to
provide the most advanced and reliable open architecture data
storage systems in support of our warfighters.”
As a leading supplier of MOSA based encrypted, solid-state
network-attached storage subsystems, Curtiss-Wright is providing
the NSWC with commercial-off-the shelf (COTS) open architecture
K-BAR NAS equipment supporting MQ-4C Triton and future PMA-290
aircraft. The sole source contract provides training and
engineering services support to the K-BAR equipment.
Curtiss-Wright is performing the work within its Defense
Solutions division in the Defense Electronics segment. For more
information about Curtiss-Wright’s Defense Solutions storage and
recording products, please visit
www.curtisswrightds.com/products/storage-recorders/network-attached-storage.
About Curtiss-Wright Corporation
Curtiss-Wright Corporation (NYSE:CW) is a global integrated
business that provides highly engineered products, solutions and
services mainly to Aerospace & Defense markets, as well as
critical technologies in demanding Commercial Power, Process and
Industrial markets. We leverage a workforce of approximately 8,400
highly skilled employees who develop, design and build what we
believe are the best engineered solutions to the markets we serve.
Building on the heritage of Glenn Curtiss and the Wright brothers,
Curtiss-Wright has a long tradition of providing innovative
solutions through trusted customer relationships. For more
information, visit www.curtisswright.com.
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 a continued
relationship with U.S. Navy, the continued success of this
networked storage technology, the performance of its products on
these manned and unmanned vehicle platforms, the long term value of
this contract, the continued funding for this program by the U.S.
Government, and the future opportunities associated with this
technology, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20231005098826/en/
Jim Ryan (704) 869-4621 jim.ryan@curtisswright.com
Curtiss Wright (NYSE:CW)
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