Curtiss-Wright Bags Contract From Airbus For Custom Actuation Technology

Curtiss-Wright Corp. (NYSE:CW) has been selected by Airbus SE (OTC:EADSY) to provide custom electric actuation technology for the Main Deck Cargo Door…
  • Curtiss-Wright Corp. (NYSE:CW) has been selected by Airbus SE (OTC:EADSY) to provide custom electric actuation technology for the Main Deck Cargo Door on the future A350F freighter aircraft. Financial terms were not disclosed.
  • The A350F, a variant of the Airbus A350, will be the first wide-body freighter aircraft built with a majority of composite materials.
  • Curtiss-Wright will provide Airbus with an electro-mechanical actuation solution that features rotary and linear actuators, alongside control and power electronics, to open, close, latch and lock the A350F’s Main Deck Cargo Door.
  • The products will be shipped to Airbus in different European facilities. Curtiss-Wright designs and manufactures its electric actuation products at its Shelby, N.C. and Stratford, Ontario facilities.
  • Price Action: CW shares are trading higher by 1.24% at $130.43 on the last check Monday.
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