Curtiss-Wright(US:CW)2025-11-06 15:00Financial Performance - Sales reached $869 million, a 9% increase overall, with organic growth at 6%[6] - Operating income increased by 14% to $170 million, resulting in a year-over-year margin expansion of 90 bps to 196%[6] - Diluted EPS increased by 14% to $340[6] - Free Cash Flow (FCF) increased by 8% to $176 million, with an FCF conversion rate of 137%[6] Orders and Backlog - New orders totaled $927 million, an 8% increase, resulting in a book-to-bill ratio of 11x[6] - Backlog increased by 14% year-to-date[6] Guidance - Total sales growth guidance increased to 10-11%, with organic growth now up 7-8% year-over-year[6] - Operating income growth guidance increased to 16-19%, maintaining an operating margin of 185-187%, up 100-120 bps year-over-year[6] - The company is on track to deliver 19-21% EPS growth and strong FCF generation at approximately 108% conversion[6] Segment Performance - Aerospace & Industrial sales increased by 8% to $248 million, driven by strong demand in Commercial Aerospace and higher sales in Aerospace Defense and Ground Defense[7] - Defense Electronics sales increased by 4% to $253 million, driven by higher revenues in Aerospace Defense and Naval Defense[7] - Naval & Power sales increased by 12% to $368 million, driven by higher Naval Defense revenues and solid organic growth in Commercial Nuclear[7]