PARSIPPANY, N.J., April 21, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Curtiss-Wright Corporation (NYSE: CW) today announced that it has received a contract from Claverham Limited to provide transducers for use in the fly-by-wire systems that control the main rotor and tail rotor on the Sikorsky UH-60M Upgrade and CH-53K helicopters. The contract has a potential value in excess of $20 million over a 15-year period with shipments expected to begin in 2009. The company will supply these products from its Motion Control facility in Christchurch, UK.
"Curtiss-Wright is proud to supply our high integrity components for the flight controls of these Sikorsky helicopter programs," said Martin R. Benante, Chairman and Chief Executive Officer of Curtiss-Wright Corporation. "These are critical components and this selection demonstrates our continued leadership in the design of aerospace sensors and systems."
Curtiss-Wright is a leading supplier of linear displacement transducers, rotary displacement transducers and solenoids for fixed and rotary wing aircraft operating in commercial and defense applications. Under the terms of this award, Curtiss-Wright will supply multi-channel and pressure sealed linear variable displacement transducers (LVDTs) for use on the U.S. Army's helicopter programs. The LVDTs are embedded in the primary flight control actuators manufactured by Claverham Limited, a Hamilton Sundstrand Flight Systems business unit. The transducers provide electrical signals that are proportional to the position of the hydraulic actuator rod. The actuators form part of the fly-by-wire control system, which changes the rotor pitch angles on the main and tail rotors in response to the pilot's commands during flight.
The UH-60M BLACK HAWK helicopter has become an integral part of the U.S. Army's command and control system, providing brigade commanders with real time digital situational awareness and command and control options. The CH-53K helicopter is expected to replace the Sikorsky CH-53E, which is the largest and heaviest helicopter in the United States military. The Marine Corps currently deploys the CH-53E from amphibious assault ships to transport personnel and equipment, and to carry external cargo loads.
Curtiss-Wright Corporation is a diversified company headquartered in Parsippany, N.J. 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 8,000 people worldwide. For more information about Curtiss-Wright, visit www.curtisswright.com.
About Curtiss-Wright Controls, Inc.
Headquartered in Charlotte, N.C., Curtiss-Wright Controls is the Motion Control segment of Curtiss-Wright Corporation. With manufacturing facilities around the world, Curtiss-Wright Controls is a leading technology-based organization providing niche motion control products, subsystems and services internationally for the aerospace and defense markets. For more information, visit www.cwcontrols.com.
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 U.S. 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.
SOURCE Curtiss-Wright Corporation
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