Curtiss-Wright Awarded Contract by U.S. Coast Guard
For Air Data Computers on MH-65 Dolphin helicopter fleet
ASHBURN, Va. – August 31, 2015 – Curtiss-Wright Corporation (NYSE: CW) today announced that its Defense Solutions division has received a contract from the United States Coast Guard to supply its Air Data Computer technology for use on the Coast Guard’s Airbus MH-65 Dolphin helicopter fleet. The MH-65 Dolphin helicopters will be integrated with dual Air Data Computers that provide flight critical altitude and speed information to the cockpit and other important helicopter systems. The initial value of the contract is approximately $3 million. Deliveries are expected to begin in 2015 and continue through 2019.
"Curtiss-Wright is very proud to have been selected by the U.S. Coast Guard to provide our industry leading Air Data Computer technology for use on this important helicopter program," said Lynn Bamford, Senior Vice President and General Manager, Defense Solutions division.
The MH-65 Dolphin is a conversion of the Airbus HH-65 Dolphin, which is itself a variant of the French-built Eurocopter AS365. The MH-65 conversion integrates a glass cockpit into the aircraft. The Curtiss-Wright Air Data Computer supplies the altitude, airspeed, and vertical speed data to the glass cockpit displays as part of that upgrade.
The Dolphin helicopter serves the U.S. Coast Guard both as a short-range rescue and maritime law enforcement platform. The helicopters operate from 17 air stations on the Atlantic and Pacific coasts, the Gulf of Mexico, Hawaii and the Great Lakes, as well as from deployed cutters.
Curtiss-Wright is manufacturing the products covered by this agreement at its Avionics & Electronics facility in Christchurch, U.K. The products will be shipped to the United States Coast Guard in Elizabeth City, N.C.
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 9,000 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’s expectations of future performance of this maritime helicopter contract, the continued relationship with a customer, the continued success of this maritime helicopter program and the future opportunities associated with this maritime helicopter 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.
Director of Public Relations
John Wranovics has over thirty years of experience in managing media relations and the promotion of high technology products. He has been with Curtiss-Wright since 2003. He has a degree in English Literature from the University of California, Berkeley.