Key Takeaways Curtiss-Wright raised its 2025 share repurchase program by $200M, topping $450M in planned buybacks.The company continues its $60M January 2025 buyback, with $134M still authorized after both programs.CW's $3.9B backlog, solid cash flow and defense demand support ongoing shareholder-friendly initiatives.Curtiss-Wright Corporation (CW) recently announced a $200 million expansion in its 2025 share repurchase program, bringing the expected total repurchases for the year to more than $450 million. ...

Curtiss-Wright (CW) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The powe ...

Group 1 - The fiscal year '26 budget for modernization accounts is projected to increase by over 20%, indicating robust funding flows for the defense sector [1] - Curtiss-Wright, a 95-year-old company, has over 50% of its business in defense, making it significantly impacted by the DoD budget changes [2] - The company specializes in engineering and manufacturing highly engineered systems that are critical and often safety-related [3]

Summary of Curtiss-Wright FY Conference Call - September 11, 2025 Company Overview - **Curtiss-Wright** is a 95-year-old engineering and manufacturing company with over 50% of its business in defense [4][5] - The company specializes in highly engineered systems for critical applications, particularly in defense, commercial aerospace, industrial, and nuclear power [4][9] Industry Insights Defense Sector - The **U.S. Department of Defense** budget for fiscal year 2026 is expected to increase by over 20%, which is anticipated to positively impact Curtiss-Wright's defense business [3] - The company has historically outpaced the growth of the defense budget, focusing on shipbuilding and defense electronics [5][6] - Curtiss-Wright is involved in over 400 platforms and 3,000 programs internationally, positioning itself well for growth as defense budgets increase [6][7] - The company is also focusing on aftermarket services, which are crucial for the U.S. fleet [6] Commercial Aerospace - The FAA's mandate for 25-hour cockpit voice recorders is expected to drive growth in the commercial aerospace segment, with retrofitting opportunities for existing fleets [22][23] - Curtiss-Wright has partnered with Honeywell to provide these recorders, with certification expected for Airbus platforms in the first half of 2026 [23][24] Nuclear Power - The company sees significant growth potential in the **commercial nuclear power** sector, particularly due to recent executive orders supporting domestic production and life extensions of existing plants [30][31] - Curtiss-Wright is heavily involved in the aftermarket, which currently accounts for 90% of its nuclear revenues [31] - The company anticipates its first AP-1000 order in 2026, with a focus on opportunities in Eastern Europe, particularly Poland and Bulgaria [34][35] Small Modular Reactors (SMRs) - Curtiss-Wright is actively pursuing opportunities in the SMR market, having established a partnership with Rolls-Royce [42][44] - The company aims to be a significant supplier across various SMR projects, with potential revenues projected to be substantial if the market takes off [45][46] Financial Performance and Strategy - The defense electronics business is experiencing strong growth, with margins approaching 30% [19][20] - The company has a robust cash flow generation strategy, with a focus on share buybacks and potential acquisitions [49][50] - Curtiss-Wright is committed to maintaining a strong balance sheet, with a current debt to EBITDA ratio of about 1.3 times [51] Key Growth Areas - **Subsea Pumps**: The company has delivered its first subsea pump to Shell, with expectations of significant orders in the coming years, projecting $250 million by the end of the decade and $500 million by the middle of the next decade [54][55] - **International Sales**: There is a growing interest in foreign military sales, with a projected 20% growth in 2025, indicating a shift above historical norms [15][16] Conclusion - Curtiss-Wright is well-positioned for growth across multiple sectors, particularly in defense, commercial aerospace, and nuclear power, with a strong focus on innovation and strategic partnerships [12][18][30]

DAVIDSON, N.C.--(BUSINESS WIRE)---- $CW--Curtiss-Wright announces $200M expansion of its 2025 share repurchase program, expected to result in record annual repurchases in excess of $450M. ...

Company Overview - Curtiss-Wright designs, manufactures, and overhauls precision components and engineered products and services primarily in the aerospace and defense, general industrial, and power generation markets worldwide [1] - The company has 38 million shares outstanding, with a stock price of $475, resulting in an $18 billion market capitalization [1] - Curtiss-Wright has $630 million of net debt, leading to a total enterprise value of $18.5 billion [1] Industry Performance - The company is experiencing significant success and performance growth, particularly in the aerospace and defense industry [2]

Core Insights - Gabelli Funds, LLC is hosting the annual Aerospace & Defense Symposium on September 4, 2025, at The Harvard Club in New York City, focusing on strong demand outlook and high barriers to entry in the Aerospace and Defense industry [1] - The symposium will feature top executives from over ten companies, discussing themes such as defense spending, aftermarket opportunities, and M&A potential [1] Agenda Highlights - The event will start at 7:30 AM with a welcome and introduction by the Gabelli Funds Team [2] - Notable companies participating include Astronics Corporation, Textron Inc., Moog Inc., HEICO Corporation, and Elbit Systems Ltd., among others, with scheduled presentations throughout the day [2][3] - The agenda includes one-on-one meetings with management, providing attendees with networking opportunities [1]

Core Viewpoint - Curtiss-Wright Corp. (CW) is positioned as a strong investment opportunity within the Zacks Aerospace Defense Equipment industry, driven by rising commercial nuclear aftermarket sales and consistent shareholder-focused initiatives [1] Growth Outlook & Surprise History - The Zacks Consensus Estimate for CW's 2025 earnings per share (EPS) has increased by 1.8% to $12.86 per share over the past 30 days [2] - The revenue estimate for 2025 stands at $3.42 billion, indicating a growth of 9.5% [2] - CW has a long-term earnings growth rate of 12.5% and has surpassed expectations in the last four quarters with an average earnings surprise of 9.34% [2] Return on Equity - Curtiss-Wright's return on equity (ROE) is 18.34%, significantly higher than the industry average of 8.29%, indicating effective utilization of funds [3] Shareholder-Friendly Actions - The company has been increasing shareholder value through regular dividend payments, with a current quarterly dividend of 24 cents per share, leading to an annualized dividend of 96 cents and a dividend yield of 0.20%, better than the industry's average of 0.16% [4] Debt Structure - Curtiss-Wright's total debt to capital ratio is 26.11%, much lower than the industry average of 51.51% [5] - The times interest earned (TIE) ratio is 14.2, indicating a strong ability to meet future interest obligations [5] Nuclear Operations - The U.S. remains a key market for Curtiss-Wright's nuclear power growth, with a significant increase in commercial nuclear aftermarket sales in the second quarter of 2025 [6] - The company is collaborating with reactor designers for systems and equipment development, positioning itself for sustained growth in both U.S. and global nuclear markets [6] Stock Price Performance - Curtiss-Wright's stock has increased by 44.8% over the past six months, outperforming the industry's growth of 22% [8]

companies founded by Glenn Curtiss, the father of naval aviation, and the Wright brothers, who so famously made the first flight. Joining us now on set exclusively is Curtiss-Wright chair and CEO Lynn Bamford. This is her first broadcast interview in the role, and it's so good to have you here.Welcome. >> Thank you very much for having me here. It's my pleasure to get to talk a little bit more about Curtiss-Wright and share it with your audience.>> So I just mentioned it's almost century old company, but yo ...

Group 1 - Gabelli Funds, LLC is hosting the annual Aerospace & Defense Symposium on September 4, 2025, at The Harvard Club in New York City, focusing on strong demand outlook and high barriers to entry in the industry [1] - The symposium will feature top executives from over ten companies, discussing themes such as large aftermarket opportunities, growth exceeding GDP, defense spending, and M&A potential [1] - Attendees will have the opportunity for one-on-one meetings with management, enhancing networking and investment insights [1] Group 2 - Featured companies at the symposium include AIRO Group Holdings, Elbit Systems, Albany International, Graham Corporation, and several others, indicating a diverse representation within the Aerospace and Defense sector [2] - The event is set to start at 8:30 am, providing a structured schedule for discussions and networking [3]