- Curtiss-Wright Corp. (NYSE:CW) has secured contracts valued at more than $220 million to provide propulsion valves, pumps, and advanced instrumentation and control systems for the U.S. Navy programs.
- The awards were received from Bechtel Plant Machinery, Inc. (BPMI) and General Dynamics Corp (NYSE:GD) General Dynamics Electric Boat to support ship construction, spare parts, and submarine back-fit procurements.
- Engineering and manufacturing have commenced and will continue through 2026. Curtiss-Wright is performing this work at its facilities in New York and Pennsylvania within the Company’s Defense Electronics and Naval & Power Segments.
- Price Action: CW shares are trading higher by 0.07% at $141.42 on the last check Wednesday.
Meta Platforms Fires Man Two Days After He Moved To A New Country For Job
Meta Platforms Inc (NASDAQ: META) last week announced 11,000 job cuts — or 13% of its workforce — with one employee saying he was laid off just two days after moving from India to Canada for his new position.