February 16, 2023-
Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded a 10-year contract by the French Air and Space Force (AAE) to support its aircraft arresting systems. Under the contract, valued at approximately $35 million, Curtiss-Wright will provide logistics, analysis, maintenance, repair and overhaul (MRO) of specialized arresting systems equipment.
“As a leading global supplier of military aircraft arresting systems and support capabilities, Curtiss-Wright is pleased to have the opportunity to build upon our existing relationship with the French Air and Space Force to provide aftermarket and logistical services to support the availability and longevity of its arresting capability,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. “In addition, this contract aligns with our strategy to continue to provide more turn-key arresting and safety solutions to our defense customers.”
The contract is part of a verticalization initiative for defense contracts by the French government, which results in a preference of a single point of contact for the same equipment. Curtiss-Wright thus now has the opportunity to work directly with the French government to provide a next level of integrated services and products.
Curtiss-Wright is performing the work at its Curtiss-Wright Arresting Systems facility in Merpins, France, part of its EMS division in the Naval & Power segment. Following the 2022 acquisition of the aerospace arresting systems business, and through its Merpins, France and Aston, PA facilities, Curtiss-Wright’s diverse arresting systems product portfolio includes energy absorbers, retractable hook cable systems, net-stanchion systems and mobile systems to support aircraft carrier and fixed land-based arresting systems. In addition, our aftermarket business supports a strong, global installed base of more than 5,000 systems in over 72 countries.
Source : Curtiss-Wright Controls
Publish date: April 2018 - Pages: 233
Publish date: October 2019 - Pages: 305