Curtiss-Wright Corporation: Expansion in Defense Electronics As A Pivotal Factor Driving Growth!

Curtiss-Wright Corporation delivered a robust performance in the third quarter of 2024, reflecting notable growth across several segments of its diversified portfolio. The company reported a 10% year-over-year increase in sales, reaching nearly $800 million, driven by strong performances in its Defense Electronics and Naval & Power segments. Curtiss-Wright’s Aerospace & Defense markets saw a 15% growth, and the commercial nuclear market experienced low double-digit growth during the period. Operating income rose by 11%, outperforming sales growth and resulting in a 20 basis point increase in operating margin to 18.7%.