The list is here: Find out how global defense companies performed in FY20

On the same subject

• 

  March 30, 2021 | International, Naval

  U.S. Navy orders 10th Virginia-class submarine

  Shipbuilder Huntington Ingalls Industries announced a contract modification on Monday to build a 10th Virginia-class submarine for the U.S. Navy.

• 

  July 31, 2020 | International, Naval

  Curtiss-Wright awarded contracts valued in excess of US$220 million to support critical U.S. Naval Defence Platforms

  Davidson, N.C.— July 28, 2020 - (BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded contracts valued in excess of $220 million to provide propulsion valves, pumps and advanced instrumentation and control systems for the U.S. Navy's Virginia-class nuclear powered attack submarine, Columbia-class submarine and Ford-class aircraft carrier programs. The awards were received from Bechtel Plant Machinery, Inc. (BPMI) and General Dynamics Electric Boat to support ship construction, spare parts and submarine back-fit procurements. “Curtiss-Wright is proud to have been awarded these important naval defense contracts, building upon our long-standing relationship with the U.S. Nuclear Navy and reflecting our ongoing support of these critical naval defense platforms, which continue to receive strong Congressional support,” said David C. Adams, Chairman and CEO of Curtiss-Wright Corporation. “We look forward to delivering the most advanced, reliable and vital technologies and remain well-positioned to benefit from the continued expansion of our U.S. naval fleet.” Curtiss-Wright is performing this work at its facilities in New York and Pennsylvania within the Company's Defense and Power Segments. Engineering and manufacturing has commenced and will continue through 2024. For over 60 years, Curtiss-Wright has ensured safe, reliable operations by supplying innovative, high-performance products for every nuclear submarine and aircraft carrier commissioned by the U.S. Navy. In addition, Curtiss-Wright technologies, such as power-dense motors and enhanced valve designs, enable more efficient operations, reduce manpower and cost, and increase safety. For more information on Curtiss-Wright's Defense Segment and Power Segment products for the U.S. Navy, please visit www.cwdefense.com or www.cw-ems.com, respectively. About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE:CW) is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing reliable solutions through trusted customer relationships. The company employs approximately 8,900 people worldwide. For more information, visit www.curtisswright.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 pump and valve products, the continued relationship with an existing customer, the continued funding of these programs by the U.S. Navy, the successful implementation of our products into these naval defense programs, the overall success of these naval defense programs and future opportunities associated with these programs, 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20200728005570/en/ Jim Ryan (704) 869-4621 jim.ryan@curtisswright.com Source: Curtiss-Wright Corporation View source version on Curtiss-Wright Corporation: https://www.curtisswright.com/news/press-releases/news-release-details/2020/Curtiss-Wright-Awarded-Contracts-Valued-in-Excess-of-220-Million-to-Support-Critical-U.S.-Naval-Defense-Platforms/default.aspx

• 

  December 16, 2019 | International, Aerospace

  Bell Invictus to Offer Army ‘Lower-Risk Path’ to FARA Capabilities

  By Brian Garrett-Glaser ARLINGTON, Texas — Bell's offering for the Army's Future Attack Reconnaissance Aircraft (FARA) contest, the 360 Invictus, is intended to offer the Army an insurance policy by presenting a lower-risk path to the capabilities it hopes to acquire as a “knife fighter” light attack helicopter to replace the retired OH-58 Kiowa Warriors. The Invictus, with its low-drag tandem cockpit design, draws from a lot of the development Bell has put into the 525 Relentless, a super-medium utility aircraft it hopes will be the first fly-by-wire rotorcraft certified for the civil market. Though Bell's FARA program is newer than some of its competitors, such as Sikorsky's S-97 Raider — Bell officials said the program had just three employees at this time last year and now comprises over 200 — the company believes its reliance on systems which it already has at a high technology readiness level due to work on the 525 will provide the Army with a compelling aircraft inside of its cost and timeline objectives. “It's still a very advanced aircraft. But by using technologies that we already had high TRLs in, or high manufacturing readiness levels in, we are ahead on that timeline piece,” Frank Lazzara, director of advanced vertical lift systems, told Avionics International during a press visit to the company's Flight Research Center here. The Invictus design meets or exceeds Army requirements in every area, according to Lazzara, due in part to the clean-sheet engineering that went into the Bell 525, including in the main and tail rotor systems. That aircraft has flown in excess of 200 knots without issue, despite being designed for 160 knots cruise speed. Bell intends the Invictus to cruise efficiently at 180 knots. “We flew [the 525] until we said we're done, but that rotor wasn't done,” said Josh O'Neill, senior manager for technology and evaluation on the Bell 525 program. “So we went not just 201 knots. It was a good bit more than that.” The 525 Relentless was the first aircraft Bell designed “totally in the 3D space,” O'Neill said, and the Invictus is similarly using a digital thread, enabling things like virtual reality maintaining exercises to provide design feedback without a physical product. “You have a digital thread, the same part that's used when you design your aircraft is used in the maintenance training, used throughout the product,” said O'Neill. “You design the aircraft in 3D, lay out all the systems and you're able to go in there with an actual maintainer. So we pulled [a line maintainer] and had him put the gloves on and go maintain the aircraft. And you can see in the 3D space, I need to reach around this piece, I need to turn my hand in a way that the human hand doesn't like to be turned. So we need to move that item.” As a fly-by-wire aircraft designed with a modular open systems architecture (MOSA) approach, Bell believes Invictus will provide the Army with an path to autonomy — or enable a single person in the aircraft to focus on mission functionality — similar to Bell's approach with the V-280 Valor, its offering for the Future Long-Range Assault Aircraft (FLRAA) competition. Bell officials said they are currently introducing autonomous flight software and performing software regression tests for that aircraft and intend to begin autonomous flight tests within the next few months. In March 2020, when the Army narrows the FARA competition from five companies to two, Bell's team will be nine months into design. After that, two of the five designs — selected from Sikorsky, Bell, Karem Aircraft, AVX/L3Harris, and Boeing — will be selected to participate in a fly-off slated for the second half of 2022. The Army hopes to field the first FARA aircraft in 2028. https://www.aviationtoday.com/2019/12/15/bell-invictus-offer-army-lower-risk-path-fara-capabilities/