PARSIPPANY, N.J., April 5, 2011 (GLOBE NEWSWIRE) -- Curtiss-Wright Corporation (NYSE:CW) today announced that it has been selected by The Boeing Company to provide emergent and specialty production support for the final assembly and delivery of the 787 Dreamliner in South Carolina.
"True to Curtiss-Wright's position as a leader in engineered products and services for the aerospace industry, we remain confident that we will perform at the highest level to support Boeing and its 787 global customer base," said Martin R. Benante, CEO and Chairman of Curtiss-Wright Corporation.
This is the latest installment in a 94-year relationship between Curtiss-Wright and Boeing, and advances Curtiss-Wright's position as a leader in complex manufacturing of aerospace structures, components and systems. Under the contract, Curtiss-Wright's Motion Control segment's facility in Shelby, NC, and the Metal Treatment segment of Curtiss-Wright, together will provide emergent and specialty production of components to Boeing's 787 final assembly facility in South Carolina on a 24 hours a day, seven days a week basis.
Curtiss-Wright first delivered products to Boeing in 1917 when Glenn Curtiss provided an engine for the second Boeing production aircraft, the Model 4. Today, Curtiss-Wright delivers an array of proprietary motion control products and metal treatment services to Boeing. In addition to the 787 Dreamliner, Curtiss-Wright also provides products and services for Boeing 737, 747, 767, and 777 airplanes.
Curtiss-Wright Corporation is a diversified company headquartered in Parsippany, NJ. The company designs and manufactures products for motion control and flow control applications, and provides a variety of specialized metal treatment services. The firm employs approximately 7,600 people worldwide. For more information, visit .
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About Curtiss-Wright Controls, Inc.
Headquartered in Charlotte, NC, 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 .
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 products, the continued relationship with an existing customer, the successful implementation and the success of this commercial aerospace 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 US 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.
CONTACT: Jim Ryan (973) 541-3766