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Curtiss-Wright Selected by Rheinmetall to Provide Turret Drive Stabilization System for the KF51 Panther Main Battle Tank

1. Curtiss-Wright secures contract for turret stabilization system for KF51 tank. 2. The KF51 tank's modern design aligns with Curtiss-Wright's technological capabilities.

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FAQ

Why Bullish?

Securing defense contracts often leads to increased revenue and shareholder confidence, similar to past deals that positively influenced stock performance for defense contractors.

How important is it?

The partnership with Rheinmetall and success in defense projects are crucial for Curtiss-Wright's market positioning and future growth.

Why Long Term?

Contracts like this typically entail ongoing revenue streams from production and future maintenance over several years.

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ASHBURN, Va.--(BUSINESS WIRE)---- $CW--Curtiss-Wright today announced it has been selected by Rheinmetall Landsysteme Germany (RLS) to provide its modular turret drive stabilization system (TDSS) technology in support of the KF51 Panther Main Battle Tank (MBT). The KF51, a highly advanced and capable main battle tank, is designed to meet the demands of modern warfare. Curtiss-Wright's highly precise, modular TDSS system is an ideal match for these newly modernized platform requirements. Work under this.

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