
Curtiss-Wright Corporation (NYSE:CW) today announced an $80 million, multi-year investment to expand operations at its Cheswick, Pennsylvania facility, part of the Company’s Naval &amp; Power segment, through a

<p xmlns="http://www.w3.org/1999/xhtml">
Curtiss-Wright Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CW">CW</a>) today announced an $80 million, multi-year investment to expand operations at its Cheswick, Pennsylvania facility, part of the Company’s Naval &amp; Power segment, through a combination of internal capital investments, state support and maritime industrial base funding via the U.S. Department of War budget.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Curtiss-Wright’s Cheswick campus, which spans 118 acres, designs, manufactures, and tests advanced solutions for critical naval defense and commercial nuclear markets. As part of these investments, the company will construct two new buildings to expand manufacturing and testing capacity, improve operational efficiency, reduce lead times, and support future growth. The expansion, which began in 2025 and is supported by the Commonwealth of Pennsylvania and Governor Josh Shapiro, is expected to create approximately 150 new jobs over the next three years while retaining more than 860 existing positions.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"This expansion strengthens our ability to meet growing customer demand in our naval defense and commercial nuclear end markets, and reinforces our commitment to the workforce and the community to ensure that Curtiss-Wright remains a critical supplier to these industries for the next decade and beyond," said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. "Additionally, we are pleased to see the administration’s continued strong funding for naval shipbuilding, including an acceleration in maritime industrial base funding."

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We are grateful for Governor Shapiro and the Commonwealth’s continued partnership, including their support through the PA SITES program," said David Micha, Sr. Vice President, Curtiss-Wright Electro-Mechanical Systems.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Coordinated by the Governor’s BusinessPA team, the company received a funding proposal from the Department of Community and Economic Development (DCED) for a $1,210,000 grant through the PA SITES (Pennsylvania Strategic Investments to Enhance Sites) Program.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"My Administration is competing aggressively to win major investments and help drive even more economic growth across the Commonwealth," said Governor Shapiro. "This expansion is yet another clear example of how our Economic Development Strategy is working and delivered for our Commonwealth. We’ll continue to secure – and win – more projects that create good-paying jobs, strengthen our manufacturing base, and give Pennsylvanians real opportunities to succeed and thrive.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Curtiss-Wright’s decision to expand is great news for Allegheny County and our entire Commonwealth," said DCED Secretary Rick Siger. "Under Governor Shapiro’s leadership, we’re making strategic investments that are boosting our manufacturing industry, growing companies, and making Pennsylvania a top state for business."

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;This project is a prime example of what happens when state leadership and regional execution align seamlessly. Curtiss-Wright is a vital anchor of our nuclear and defense ecosystems, working together with regional leaders like Westinghouse to power next-generation energy solutions," said Stefani Pashman, CEO of the Allegheny Conference on Community Development. "They play a critical role in the nuclear supply chain and their decision to invest $80 million to expand their operations in Allegheny County ensures our region remains at the forefront of critical national infrastructure. The Allegheny Conference team was proud to partner on this project with Curtiss-Wright and DCED to help navigate the path forward for this expansion. We thank Governor Shapiro and the Commonwealth for providing the vital grant and tax credit support necessary to keep global manufacturing leaders growing in Pennsylvania.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
Curtiss-Wright’s facility in Cheswick, PA, is a world leader in the design, development, manufacture and qualification of the most advanced, proven and reliable critical function canned motor pumps, motors, generators, control rod drive mechanisms. It has served the commercial nuclear power industry since the first U.S. nuclear power plant was built in Shippingport, PA, and has supported the U.S. nuclear navy since the Nautilus (SSN-571), the first nuclear-powered submarine.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Curtiss-Wright Corporation
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Curtiss-Wright Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CW">CW</a>) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace &amp; Defense markets, as well as critical technologies in demanding Commercial Nuclear Power, Process and Industrial markets. We leverage a workforce of approximately 9,100 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.curtisswright.com&amp;esheet=54563704&amp;newsitemid=20260701336661&amp;lan=en-US&amp;anchor=www.curtisswright.com&amp;index=1&amp;md5=0d5cc84e3285f42508bfbd5b356b5852" shape="rect">www.curtisswright.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private </i><i xmlns="http://www.w3.org/1999/xhtml">Securities Litigation Reform Act of 1995. Such statements, including statements relating to Curtiss-Wright </i><i xmlns="http://www.w3.org/1999/xhtml">Corporation&#39;s expectations of future performance of our products, the continued relationships with existing </i><i xmlns="http://www.w3.org/1999/xhtml">customers, the continued funding of programs by the U.S. Navy, the successful implementation of our products into naval defense and commercial nuclear programs, the overall success of these programs, and future opportunities associated with these programs, 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&#39;s current SEC filings under the Securities Exchange Act of 1934, as amended, for further information.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260701336661r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260701336661/en/" rel="nofollow">https://www.businesswire.com/news/home/20260701336661/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Jim Ryan
<br xmlns="http://www.w3.org/1999/xhtml"></br>(704) 869-4621
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:jim.ryan@curtisswright.com" shape="rect">jim.ryan@curtisswright.com</a>

</p>

Curtiss-Wright Announces $80 Million Multi-Year Investment to Expand Its Operations in Cheswick, Pennsylvania

Curtiss-Wright Launches $80 Million Cheswick Expansion Backed by State Support

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Curtiss-Wright Corporation (NYSE:CW) today announced an $80 million, multi-year investment to expand operations at its Cheswick, Pennsylvania facility, part of the Company’s Naval &amp;amp; Power segment, through a</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Curtiss-Wright announces an $80 million, multi-year expansion at its Cheswick, PA facility, financed with internal capex and public funds. The project adds two buildings to boost naval defense and commercial nuclear capabilities, targets shorter lead times, and plans to create about 150 new jobs while preserving over 860 positions. The expansion underscores strong Navy funding and PA support for manufacturing capacity growth.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>CW to invest $80M to expand Cheswick, PA facility.</li><li>Funding blends internal capex, PA SITES grant, and maritime base funds.</li><li>Two new buildings to expand manufacturing/testing and cut lead times.</li><li>Expansion began in 2025; ~150 new jobs over 3 years; 860+ retained.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Curtiss-Wright Corporation (CW)</strong>: Primary beneficiary; expansion supports naval defense and nuclear markets, potential revenue/margin uplift.</li><li><strong>Westinghouse (private company) (N/A)</strong>: Regional nuclear ecosystem partner; expansion could strengthen CW&#039;s supply chain and customer ecosystem.</li><li><strong>Pennsylvania Department of Community and Economic Development (DCED) (N/A)</strong>: Administers PA SITES grant; government backing signals favorable manufacturing policy.</li><li><strong>Governor Josh Shapiro (N/A)</strong>: Public official; comments reflect pro-growth stance for manufacturing in PA.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments / Industry News. The release describes a strategic, multi-year expansion funded by internal and public sources, highlighting CW&#039;s long-term commitment to naval defense and nuclear markets amid supportive government policy.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>CW secures an $80M expansion funded by internal capex and public programs.</li><li>PA SITES grant and Navy budget funding underpin project economics.</li><li>Capacity expansion may improve order visibility and lead times.</li><li>Positive regional economic impact reinforces CW&#039;s defense manufacturing position.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>$80 million investment at Cheswick, PA facility.</li><li>Expansion includes two new buildings for manufacturing and testing.</li><li>Expansion began in 2025.</li><li>Approximately 150 new jobs over 3 years; 860+ positions retained.</li><li>PA SITES grant of $1.21 million.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish on CW as capacity expansion and Navy demand support higher long-term revenue visibility over 12–24 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Curtiss-Wright Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CW">CW</a>) today announced an $80 million, multi-year investment to expand operations at its Cheswick, Pennsylvania facility, part of the Company’s Naval &amp; Power segment, through a combination of internal capital investments, state support and maritime industrial base funding via the U.S. Department of War budget.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Curtiss-Wright’s Cheswick campus, which spans 118 acres, designs, manufactures, and tests advanced solutions for critical naval defense and commercial nuclear markets. As part of these investments, the company will construct two new buildings to expand manufacturing and testing capacity, improve operational efficiency, reduce lead times, and support future growth. The expansion, which began in 2025 and is supported by the Commonwealth of Pennsylvania and Governor Josh Shapiro, is expected to create approximately 150 new jobs over the next three years while retaining more than 860 existing positions.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"This expansion strengthens our ability to meet growing customer demand in our naval defense and commercial nuclear end markets, and reinforces our commitment to the workforce and the community to ensure that Curtiss-Wright remains a critical supplier to these industries for the next decade and beyond," said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. "Additionally, we are pleased to see the administration’s continued strong funding for naval shipbuilding, including an acceleration in maritime industrial base funding."

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We are grateful for Governor Shapiro and the Commonwealth’s continued partnership, including their support through the PA SITES program," said David Micha, Sr. Vice President, Curtiss-Wright Electro-Mechanical Systems.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Coordinated by the Governor’s BusinessPA team, the company received a funding proposal from the Department of Community and Economic Development (DCED) for a $1,210,000 grant through the PA SITES (Pennsylvania Strategic Investments to Enhance Sites) Program.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"My Administration is competing aggressively to win major investments and help drive even more economic growth across the Commonwealth," said Governor Shapiro. "This expansion is yet another clear example of how our Economic Development Strategy is working and delivered for our Commonwealth. We’ll continue to secure – and win – more projects that create good-paying jobs, strengthen our manufacturing base, and give Pennsylvanians real opportunities to succeed and thrive.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Curtiss-Wright’s decision to expand is great news for Allegheny County and our entire Commonwealth," said DCED Secretary Rick Siger. "Under Governor Shapiro’s leadership, we’re making strategic investments that are boosting our manufacturing industry, growing companies, and making Pennsylvania a top state for business."

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;This project is a prime example of what happens when state leadership and regional execution align seamlessly. Curtiss-Wright is a vital anchor of our nuclear and defense ecosystems, working together with regional leaders like Westinghouse to power next-generation energy solutions," said Stefani Pashman, CEO of the Allegheny Conference on Community Development. "They play a critical role in the nuclear supply chain and their decision to invest $80 million to expand their operations in Allegheny County ensures our region remains at the forefront of critical national infrastructure. The Allegheny Conference team was proud to partner on this project with Curtiss-Wright and DCED to help navigate the path forward for this expansion. We thank Governor Shapiro and the Commonwealth for providing the vital grant and tax credit support necessary to keep global manufacturing leaders growing in Pennsylvania.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
Curtiss-Wright’s facility in Cheswick, PA, is a world leader in the design, development, manufacture and qualification of the most advanced, proven and reliable critical function canned motor pumps, motors, generators, control rod drive mechanisms. It has served the commercial nuclear power industry since the first U.S. nuclear power plant was built in Shippingport, PA, and has supported the U.S. nuclear navy since the Nautilus (SSN-571), the first nuclear-powered submarine.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Curtiss-Wright Corporation
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Curtiss-Wright Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CW">CW</a>) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace &amp; Defense markets, as well as critical technologies in demanding Commercial Nuclear Power, Process and Industrial markets. We leverage a workforce of approximately 9,100 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.curtisswright.com&amp;esheet=54563704&amp;newsitemid=20260701336661&amp;lan=en-US&amp;anchor=www.curtisswright.com&amp;index=1&amp;md5=0d5cc84e3285f42508bfbd5b356b5852" shape="rect">www.curtisswright.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private </i><i xmlns="http://www.w3.org/1999/xhtml">Securities Litigation Reform Act of 1995. Such statements, including statements relating to Curtiss-Wright </i><i xmlns="http://www.w3.org/1999/xhtml">Corporation&#39;s expectations of future performance of our products, the continued relationships with existing </i><i xmlns="http://www.w3.org/1999/xhtml">customers, the continued funding of programs by the U.S. Navy, the successful implementation of our products into naval defense and commercial nuclear programs, the overall success of these programs, and future opportunities associated with these programs, 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&#39;s current SEC filings under the Securities Exchange Act of 1934, as amended, for further information.</i>

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260701336661r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260701336661/en/" rel="nofollow">https://www.businesswire.com/news/home/20260701336661/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Jim Ryan
<br xmlns="http://www.w3.org/1999/xhtml"></br>(704) 869-4621
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:jim.ryan@curtisswright.com" shape="rect">jim.ryan@curtisswright.com</a>

</p>

Curtiss-Wright announces an $80 million, multi-year expansion at its Cheswick, PA facility, financed with internal capex and public funds. The project adds two buildings to boost naval defense and commercial nuclear capabilities, targets shorter lead times, and plans to create about 150 new jobs while preserving over 860 positions. The expansion underscores strong Navy funding and PA support for manufacturing capacity growth.

Curtiss-Wright Announces $80 Million Multi-Year Investment to Expand Its Operations in Cheswick, Pennsylvania

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

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