CURTISS-WRIGHT CORPORATION Overview
Company Headquarters: Charlotte, North Carolina, US
Founded: 1929
Workforce: ~9,000
Company Working:
Curtiss-Wright Corporation (Curtiss-Wright) designs, manufactures, and overhauls precision components and engineered products. Moreover, it provides services to the aerospace, defense, and power generation industries globally. The company operates through three business segments—commercial/industrial, defense, and power. Through its commercial/industrial segment, it offers industrial vehicle products, such as electronic throttle control devices, transmission shifters, and joysticks; sensors, controls, and electro-mechanical actuation components and utility systems that are used in commercial aircraft; valves for naval vessels; and industrial applications and surface technology services such as laser peening, shot peening, coatings, and advanced testing. Through the defense segment, it provides commercial off-the-shelf embedded computing board level modules, data acquisition and flight test instrumentation equipment, instrumentation and control systems, turret aiming and stabilization products, integrated subsystems, and weapons handling systems, avionics and electronics, and aircraft data management solutions. The power segment offers hardware, pumps, fastening systems, spent fuel management products, and fluid sealing technologies for nuclear power plants and nuclear equipment manufacturers and naval propulsion and auxiliary equipment, including coolant pumps, generators, power-dense compact motors, steam turbines, and secondary propulsion systems.
Strategy
Curtiss-Wright Corporation is primarily focused on increasing its revenue by increasing investments in R&D. For instance, in 2018, its R&D investment was USD 65 million, which was USD 61 million in the previous year. The company is aiming to gain a competitive edge over its peers in the control valve market through partnerships and collaborations. For instance, in 2018, it partnered with EnerMech to strengthen its sales in the global control valve market.
