CURTISS-WRIGHT REMAINS DEEPLY ALIGNED WITH THE INCREASINGLY FAVORABLE NEAR, MEDIUM AND LONG-TERM GROWTH TRENDS WITHIN OUR MARKETS.
Building on our established leadership positions, we continue to leverage our strong domain expertise as a highly-valued supplier of mission-critical technologies in our A&D and Commercial markets. We help solve our customers’ most challenging problems by investing in and providing solutions to keep up with the incredible pace of their changing, dynamic markets. This, in turn, provides us with confidence to build upon our strong backlog and continue to support meaningful growth opportunities for Curtiss-Wright well into the next decade.
Curtiss-Wright is a leading provider of turret-drive stabilization system technology supporting international ground vehicles, where our alignment with Rheinmetall provides an opportunity to support thousands of new vehicles over the coming decade.
Curtiss-Wright employees, shown here in our Idaho Falls facility, perform work on TerraPower’s Full Scope Simulator designed to replicate plant equipment and simulate system conditions and operations to support operator training and licensing for TerraPower’s Natrium® advanced reactor project.
THE COMMERCIAL NUCLEAR INDUSTRY CONTINUES TO BENEFIT FROM POSITIVE MARKET FORCES, ACCELERATING THE PACE OF ACTIVITY GLOBALLY.
Curtiss-Wright is extremely well positioned to capitalize on the expected surge in demand and future growth in this industry. Starting in the U.S., the President’s Executive Orders issued in May 2025 provided a tremendous uplift by advancing support for the industry at large, through its focus on nuclear energy dominance and its goal to quadruple U.S. nuclear generation capacity to 400 gigawatts by 2050. We have a leading aftermarket presence and play a significant role in maintaining all U.S. operating reactors, while also supporting subsequent license renewals which extend a reactor’s life from 60 years of operation to 80 years. In addition, the administration has committed $80 billion to support the construction of 10 new Westinghouse AP1000 reactors, where we have significant content, most notably for reactor coolant pumps. This expanded scope across the U.S. builds upon the existing AP1000 opportunities in Europe, particularly in Poland and Bulgaria, which continue to make steady progress towards new reactor construction.
Efforts in the development and deployment of Small Modular Reactors continue to accelerate in the U.S., and globally, including Canada, the U.K. and Europe, and we expect to benefit as these efforts transition from ongoing design activities to building prototypes, before shifting to production later in the decade.
CURTISS-WRIGHT IS WELL POSITIONED TO CAPITALIZE ON THE TREMENDOUS ACCELERATION IN GLOBAL DEFENSE SPENDING.
Backed by a record FY2026 U.S. budget of approximately $1 Trillion, our businesses remain aligned to our military’s highest-priority programs, including shipbuilding, missile defense and launcher systems, next-generation fighter jets, aircraft modernization, and air superiority, and we have a tremendous opportunity to provide solutions to support Golden Dome. Beyond that, we expect to continue to benefit from the commitments from NATO and allied countries to rapidly increase military spending from 2% of GDP per year to upwards of 5% by 2035.
Building on our legacy support for flight data recorder equipment, Curtiss-Wright employees perform work on our improved cockpit voice recorder solution, capable of supporting the FAA’s 25-hour safety mandate for longer recording capability.
Our capabilities supporting both existing and next-generation platforms will help ensure Curtiss-Wright maintains strong positions on leading defense programs today and well into the future. In Naval Defense, we are a mission-critical partner to the U.S. Navy supporting the Ford-class aircraft carrier and the Columbia-class and Virginia-class submarine programs, which provide long-term, durable revenue streams. Curtiss-Wright is also uniquely positioned as a leader in defense technology, supporting operational readiness globally through embedded and tactical computing products, ground-based arresting systems, turret drive stabilization systems, and naval aircraft handling systems. Our proven capabilities as an industry-leading supplier of embedded computing technology and Modular Open Systems Approach, or MOSA-based solutions, drives the acceleration and deployment of leading-edge computing technologies into multi-platform solutions.