Curtiss-Wright Rewards Shareholders with $200M Repurchase Program Boost

Core Insights - Curtiss-Wright Corporation (CW) announced a $200 million expansion in its 2025 share repurchase program, increasing total expected repurchases for the year to over $450 million, which may attract investors [1][9] - The company will execute this expansion immediately while continuing its ongoing $60 million buyback initiative launched in January 2025, leaving $134 million of authorized share repurchases remaining after both programs [2][9] Financial Performance - CW has secured a solid backlog worth $3.9 billion, with expectations to recognize approximately 90% as revenues over the next 36 months, supporting ongoing shareholder-friendly initiatives [6][9] - The company reported a year-over-year revenue growth of 11.7% in Q2 2025, driven by steady order inflows in high-priority categories such as defense and commercial aerospace [4][9] - CW's free cash flow totaled $117 million during the first half of 2025, which is 17% higher than the previous year, enabling further expansion of its share repurchase program [5][9] Market Position and Comparisons - The increasing demand for CW's defense products and the rising global defense budget are expected to translate into strong revenue growth, enhancing the company's financial strength and ability to reward shareholders [7] - Other defense companies, such as General Dynamics, Northrop Grumman, and Lockheed Martin, have also increased their share repurchase programs, indicating a trend within the industry to enhance shareholder value [8][10][11] Stock Performance - CW's stock has gained 62.3% over the past six months, significantly outperforming the industry average growth of 25.8% [12]