Curtiss-Wright secures defence contracts worth $82.7 million

Curtiss-Wright Corp. today announced that it has secured two major defence contracts that could be worth in excess of $82.7 million over the next five years.

Curtiss-Wright Corp. today announced that its Curtiss-Wright Controls subsidiary has secured two major defence contracts that could be worth in excess of $82.7 million over the next five years.

Curtiss-Wright Controls will supply actuation equipment on lead edge flaps for Lockheed Martin’s F-16 Fighting Falcon and F/A-22 Raptor.

The first contract was awarded by the US Department of Defense for replacement of the actuation equipment on existing US Air Force F-16 aircraft.

The initial order is said to be worth $9.8 million although the total contract could reach a maximum value of $49.25 million over five years. Deliveries scheduled during 2003 and 2004.

Curtiss-Wright Controls has also been awarded a $33.7 million follow-on contract by Lockheed Martin to supply actuation equipment on the lead edge flap and weapons bay door systems of the F/A-22. Deliveries will span 2003 through 2005.