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Curtiss-Wright Awarded $50 Million IDIQ Contract by Naval Air Systems Command for High-Speed Data Acquisition Systems

1. Curtiss-Wright awarded $50M IDIQ contract with Naval Air Systems Command. 2. Contract focuses on high-speed data acquisition systems until January 2030.

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FAQ

Why Bullish?

This substantial contract supports revenue growth and reflects strong demand. Historically, similar contracts have positively influenced stock prices in the defense sector.

How important is it?

With a significant contract in hand, CW's financial outlook appears favorable, making this news impactful.

Why Long Term?

The contract extends through 2030, providing steady revenue. Long-term contracts generally stabilize income and can enhance valuation.

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ASHBURN, Va.--(BUSINESS WIRE)--Curtiss-Wright's Defense Solutions Division today announced it has been awarded an approximately $50 million firm-fixed-price Indefinite Delivery, Indefinite Quantity (IDIQ) contract by Naval Air Systems Command to provide its high-speed data acquisition systems hardware and associated repair services in support of the Naval Air Systems Command Special Flight Test Instrumentation Pool. The contract, which is scheduled to run through January 2030, covers Curtiss-Wr.

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