CHARLOTTE, NC – April 23, 2013 - Curtiss-Wright Controls, Inc. today announced that it has received a contract from Northrop Grumman to provide an integrated embedded Digital Radio Frequency Memory (DRFM) system for use in the U.S. Navy’s InTop (Integrated Topside) program. Under the contract, Curtiss-Wright Controls will supply rugged COTS single board computers and other embedded modules to Northrop Grumman. The initial contract is valued in excess of $1 million. The projected value of future contracts is estimated to be in excess of $50 million. Shipments of units, which commenced in the second quarter of 2012, are scheduled to continue through the second quarter of 2013.
“We are very excited that Northrop Grumman has chosen our embedded COTS wideband DRFM technology for use in the Navy’s InTop program,” said Tom Quinly, president of Curtiss-Wright Controls. “Our high performance, rugged open standards processor modules are ideal for this affordable, scalable open architecture RF sensor system.”
Curtiss-Wright’s DRFM technology, which integrates seamlessly with Northrop Grumman’s system architecture, is based on high performance open standards COTS and modified COTS (MCOTS) processor modules including the Curtiss-Wright Controls Defense Solutions business group’s VPX6-185, VPX6-1957, VPX6-215, XMC-FPGA05D, FusionXF, RS485-MOD2, Champ-DRFM, and Champ-AV8 products. The company’s advanced, wide bandwidth DRFM solution supports the high speed interconnects and optimized size/weight/power (SWaP) characteristics required to meet the performance needs of the InTop program.
About InTop
InTop combines Electronic Warfare (EW), Radar, Information Operations (IO) and Communications capabilities. Its integrated, multifunctional, multibeam topside aperture construct features a modular, open radio frequency (RF) architecture; software-defined functionality; and synchronization and optimization of RF functions for electromagnetic interference (EMI) mitigation. InTop is a program managed by the Navy’s Office of Naval Research.
Curtiss-Wright Controls Defense Solutions facilities located in Ottawa, Canada, High Wycombe, UK and Littleton, Massachusetts are manufacturing the products covered by this agreement. The products are being shipped to Northrop Grumman, Baltimore, Maryland.
About Curtiss-Wright Controls, Inc.
Headquartered in Charlotte, NC, Curtiss-Wright Controls is the Controls segment of Curtiss-Wright Corporation and a leading designer and manufacturer of advanced technologies for niche actuation and drive applications, integrated sensors and controls, and electronic subsystems internationally for the aerospace, defense and industrial markets. For more information, visit www.cwcontrols.com.
About Curtiss-Wright Corporation
Curtiss-Wright Corporation (NYSE: CW) is an innovative engineering company that provides highly engineered, critical function products, systems and services in the areas of flow control, motion control and surface treatment technologies to the defense, energy and commercial/industrial markets. The legacy company of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of design and manufacturing innovation and prides itself on long-standing customer relationships. The company employs approximately 10,000 people worldwide. For more information, visit www.curtisswright.com
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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 Controls' expectations of future performance of this contract, the continued relationship with a customer, the continued success of this military program and the 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 Exchange Act of 1934, as amended, for further information.
