Curtiss-Wright (CW) Stock

CW has successfully acquired Ultra Energy, a company that designs and manufactures reactor protection systems, neutron monitoring systems, and radiation monitoring systems.

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation has successfully purchased Ultra Nuclear Limited and Weed Instrument Co., Inc. ("Ultra Energy") for $200 million in cash.

CHESWICK, Pa.--(BUSINESS WIRE)--Curtiss-Wright's EMS Division has announced the delivery of the first submarine part featuring an additively manufactured (AM) impeller for a U.S. Navy ship. This achievement was made possible through collaboration between Curtiss-Wright's Engineered Pump Division in Bethlehem, PA, Bechtel Plant Machinery Inc. in Monroeville, PA, and Sintavia, LLC in Fort Lauderdale, FL, who worked together to develop, produce, test, and supply this innovative component.

CW is a solid choice for investment in the aerospace defense equipment sector due to its potential for growth, low levels of debt, and capacity to boost shareholder value through consistent dividend payments.

CW reported strong earnings that surpassed expectations for both revenue and profit. As a result of this impressive performance, the management has increased its forecasts for the fiscal year 2024. Demand was especially high in the Aerospace & Defense sector, and the Power & Process segment also performed exceptionally well.

Curtiss-Wright (CW) has reached its highest point in 52 weeks, but can investors expect further increases? We will examine the company's fundamentals for insights.

Curtiss-Wright (CW) reported quarterly earnings of $2.97 per share, which is higher than the Zacks Consensus Estimate of $2.70 per share. This is an increase compared to last year's earnings of $2.54 per share.

Is Curtiss-Wright (CW) a strong choice for momentum investors? Let's take a closer look.

We have focused our search on five big old economy stocks that will announce their earnings this month. These stocks are IR, MA, LDOS, PH, and CW.