To Supply Computer Processor Modules to General Dynamics, Rockwell Collins
for use in U.S. Army's Future Combat Systems' Embedded Integrated Computer
System
ROSELAND, N.J., May 13 /PRNewswire-FirstCall/ -- Curtiss-Wright
Corporation (NYSE: CW) today announced an $8 million contract award by
General Dynamics C4 Systems and Rockwell Collins, Inc. to provide
Curtiss-Wright General Processor Modules (GPM) for use in the Integrated
Computer System (ICS) of the U.S. Army's Future Combat Systems (FCS)
program. The Integrated Computer System combines a wide range of previously
independent computing applications into a single, integrated, secure
processing environment. ICS is a common computing environment for 13 of the
14 platforms in the FCS family of systems which comprises a network of
sensors, unmanned aerial platforms and manned and unmanned ground systems.
"Curtiss-Wright is proud to partner with the FCS ICS Team to enable
advanced, high density processing capabilities that support the U.S. Army's
FCS program," said Martin R. Benante, Chairman and Chief Executive Officer
of Curtiss-Wright. "We have worked diligently to develop the embedded
computing standards that enable the maximum throughput, compatibility and
overall performance for defense applications. This award is a clear
indication of our industry-leading technology and its value to future
defense programs."
Under the terms of the contract, Curtiss-Wright will supply the
processing modules to General Dynamics and Rockwell Collins for integration
into the ICS system. The initial order is for more than 1,000 modules with
deliveries scheduled to begin during the second quarter of 2008.
General Dynamics and Rockwell Collins were jointly awarded a contract
by The Boeing Company and Science Applications International Corporation to
accelerate technology development of the Integrated Computing System in
2005. By March 2007, the team had designed, built, tested and delivered the
first ICS unit for use in an FCS mobile platform.
Curtiss-Wright offers a complete family of rugged COTS boards and
sub-systems ranging from Processing, Data Communication, DSP and Video &
Graphics to the most advanced board level components and fully integrated
custom systems. The company's innovative use of open standards such as the
new high performance VPX board architecture enables customers to protect
their investment and avoid the high cost-barriers and time-to-market
penalties that changing embedded real-time computing systems normally
incur.
About Curtiss-Wright
Curtiss-Wright Corporation is a diversified company headquartered in
Roseland, N.J. 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 7,600 people
worldwide. More information on Curtiss-Wright can be found at
http://www.curtisswright.com.
About Curtiss-Wright Controls, Inc.
Headquartered in Charlotte, North Carolina, Curtiss-Wright Controls is
the Motion Control segment of Curtiss-Wright Corporation. With
manufacturing facilities around the world, Curtiss-Wright Controls is a
leading technology-based organization providing niche motion control
products, subsystems and services internationally for the aerospace and
defense markets. For more information, visit http://www.cwcontrols.com.
This press release contains forward-looking statements made pursuant to
the Safe Harbor provisions of the Private Securities Litigation Reform Act
of 1995. Such statements, including statements relating to Curtiss-Wright
Corporation's expectations of future performance of our development work,
the value of the contract, the continued relationship with an existing
customer, the successful implementation of this government program and
future opportunities associated with this program, are not considered
historical facts and are considered forward-looking statements under the
federal securities laws. 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 US and Foreign 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.
SOURCE Curtiss-Wright Corporation
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Related links:
http://www.curtisswright.com
http://www.cwcontrols.com
CONTACT:
Alexandra M. Deignan, +1-973-597-4734, for
Curtiss-Wright Corporation
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