Curtiss-Wright (CW) said Tuesday it has won a $27 million contract from Canadian Commercial to supply aircraft ship integrated securing and traversing systems to the US Naval Air Warfare Center.
The award is part of a five-year indefinite delivery, indefinite quantity contract with a potential value of about $100 million, the company said.
Curtiss-Wright said it will use its facility in Mississauga, Ontario, to provide critical aircraft handling systems and support to the US Naval Air Warfare Center for use on Constellation Class Frigates.
Shares of the company were up nearly 4% in recent trading.
Price: 380.85, Change: +13.93, Percent Change: +3.80
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.