Curtiss-Wright to Acquire Ultra Energy
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Curtiss-Wright Corporation (CW)
Last curtiss-wright corporation earnings: 2/26 05:37 pm
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Source: Business Wire
A Leading Global Provider of Safety-Critical Measurement and Control Systems to the Commercial Nuclear and Aerospace & Defense Markets DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it entered into an agreement to acquire the stock of Ultra Nuclear Limited and Weed Instrument Co., Inc. (“Ultra Energy”), a subsidiary of Ultra Electronics, for $200 million in cash. Ultra Energy is a leading designer and manufacturer of reactor protection systems, neutron monitoring systems, radiation monitoring systems, and temperature and pressure sensors that facilitate the safe and reliable operation of commercial nuclear power generation plants, and support UK nuclear defense, as well as aerospace and industrial applications.Ultra Energy generated sales of approximately $65 million in 2023 and is expected to be accretive to Curtiss-Wright's adjusted diluted earnings per share in its first full year of ownership, excluding first year purchase accounting
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News
- Reasons to Add Curtiss-Wright (CW) Stock to Your Portfolio Now [Yahoo! Finance]Yahoo! Finance
- Curtiss-Wright to Acquire Ultra Energy [Yahoo! Finance]Yahoo! Finance
- Why Is Curtiss-Wright (CW) Up 6.2% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Curtiss-Wright to Participate in Upcoming Investor ConferencesBusiness Wire
- Curtiss-Wright Co. (NYSE: CW) had its price target raised by analysts at Morgan Stanley from $284.00 to $330.00. They now have an "overweight" rating on the stock.MarketBeat
CW
Earnings
- 5/1/24 - Beat
CW
Sec Filings
- 6/5/24 - Form 4
- 6/3/24 - Form 144
- 5/28/24 - Form 4
- CW's page on the SEC website