- 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.
AstraZeneca’s COVID-19 Vaccine Loses Shine, Cancer Drug Imfinzi & Emerging Markets Stabilize Q1 Revenues
AstraZeneca Plc (NASDAQ: AZN) has reported Q1 FY23 core EPS of $1.92, up 1% Y/Y (+6% on constant currency), better than the consensus of $1.07.
The company clocked Q1 sales of $10.88 billion, -4% (flat CC), beating the consensus of $10.75 billion.