Curtiss-Wright CEO Lynn Bamford talks global demand for nuclear

Energy Sector - Curtiss-Wright's energy portfolio, specifically commercial nuclear, is a growing segment, currently contributing just over 10%, specifically 12% [2][3] - The company supports every nuclear power plant operating in the US, Canada, and the UK, aiding in safe, reliable operations and plant life extensions from 60 to 80 years [4] - Curtiss-Wright is collaborating with major Small Modular Reactor (SMR) players like X-energy, Terrapower, and Rolls-Royce, potentially securing $20 million to over $120 million of content per reactor [5] - The company anticipates $1.5 billion of business driven by Eastern Europe, with potential for ten large reactors under construction in the US by 2030 [6][7] Defense Sector - Priorities in the 2026 US defense budget, including shipbuilding funding, industrial base, army modernization, and Air Force dominance, present opportunities for Curtiss-Wright [9] - Curtiss-Wright has partnered with Nvidia, gaining access to embedded computing, networking, and AI technology to enhance computing capabilities on the battlefield [11] - The company aims to enable computing at the tactical edge, using data from sensors to make actions and benefit soldiers [12] Acquisition and Capital Allocation - Acquisitions are Curtiss-Wright's top priority for capital allocation [13] - A share buyback was announced due to potential acquisition targets not meeting strategic and financial criteria [13]