Curtiss-Wright Awarded Commercial Power Contract
02 Febrero 2005 - 3:30PM
PR Newswire (US)
Curtiss-Wright Awarded Commercial Power Contract Supply Of Control
Drive Mechanisms And Integrated Reactor Vessel Head Services
ROSELAND, N.J., Feb. 2 /PRNewswire-FirstCall/ -- Curtiss-Wright
Corporation (NYSE: CW; CW.B) has been awarded a contract by
Westinghouse Electric Company LLC to supply new control rod drive
mechanisms (CRDMs) and associated services to support the Comanche
Peak Steam Electric Station (CPSES) Unit 1 replacement reactor
vessel closure head (RRVCH) project. The work will be performed by
Curtiss-Wright Electro-Mechanical Corporation (EMD), a unit of
Curtiss-Wright's Flow Control segment. EMD will manufacture 53
CRDMs at its 640,000 square foot facility in Cheswick,
Pennsylvania, install the CRDMs onto the RRVCH, being manufactured
by Equipos Nucleares, S.A. (ENSA) in Spain, and deliver the
integrated reactor vessel head assembly to CPSES in Glen Rose,
Texas. The transport of the 170-ton package will involve a
combination of truck and barge shipments. The package will be
shipped by barge to the Gulf of Mexico via the Ohio and Mississippi
rivers and off-loaded onto a truck in Houston, Texas for delivery
by December 2006. "This award represents a significant milestone
for the expansion and growth of Curtiss-Wright products and
services in the domestic commercial nuclear power market," said
Martin R. Benante, Chairman and CEO of Curtiss-Wright. About
Curtiss-Wright Curtiss-Wright Corporation is a diversified company
headquartered in Roseland, New Jersey. The Company designs,
manufactures and overhauls products for motion control and flow
control applications, and provides a variety of metal treatment
services. The firm employs approximately 5,600 people worldwide.
More information on Curtiss-Wright can be found on the Internet at
http://www.curtisswright.com/. Forward-looking statements in this
release are made pursuant to the Safe Harbor provisions of the
Private Securities Litigation Reform Act of 1995. 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 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 and Exchange Act of 1934, as amended, for further
information. DATASOURCE: Curtiss-Wright Corporation CONTACT:
Alexandra M. Deignan of Curtiss-Wright Corporation, +1-973-597-4734
Web site: http://www.curtisswright.com/
Copyright