Curtiss-Wright Controls Signs Design and Manufacturing Agreement with Agusta Westland
Date: Friday 15th October 2010
For Data Recording and Replay Equipment, Ice Detection Equipment and Air Data Computers
CHARLOTTE, NC - Oct. 14, 2010 - Curtiss-Wright Controls, Inc. today announced that it has signed a follow-on, long-term Design and Manufacturing Agreement with AgustaWestland, a Finmeccanica company, to provide data recording and replay equipment, ice detection equipment and air data computers for use in GrandNew, AW139 and AW149 aircraft. Curtiss-Wright has been a supplier to AgustaWestland for the past 10 years.
"Curtiss-Wright is very pleased that our Penny and Giles segment has been selected by AgustaWestland to support its GrandNew, AW139 and AW149 aircraft," said David Adams, co-chief operating officer of Curtiss-Wright Corporation. "We value our long and successful relationship with AgustaWestland."
Aircraft components provided by Curtiss-Wright under the agreement include: Data Acquisition Flight Recorder, Multi Purpose Flight Recorder, Cockpit Control Unit, Cockpit Area Microphone, Recorder Independent Power Supply, Cockpit Panel Quick Access Recorder, Generic Air Data Unit, Ice Severity Detection System and PGS Flight Recorder Replay System.
Curtiss-Wright designs, develops and manufactures the components at its Motion Control segment's Avionics facility in Christchurch, U.K.
About Curtiss-Wright Controls, Inc.
Headquartered in Charlotte, NC, Curtiss-Wright Controls is the Motion Control segment of Curtiss-Wright Corporation. The company is a leading designer and manufacturer of advanced technologies for niche actuation and drive applications, integrated sensors and electronic subsystems internationally for the aerospace and defense markets.
About Curtiss-Wright
Curtiss-Wright Corporation (NYSE: CW) is a diversified company headquartered in Parsippany, NJ. The company designs, manufactures and overhauls products for motion control and flow control applications, and provides a variety of specialized metal treatment services. The firm employs approximately 7,500 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 an existing customer, the successful implementation and funding of this government program and 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.
