Curtiss Wright (CW) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Curtiss wright Corporation  (NYSE: CW)

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Description of Curtiss Wright's Business Segments


Curtiss-Wright Corporation is a well-established player in several key industries, with its operations organized into three primary segments: Commercial/Industrial, Defense, and Power. Each of these segments encompasses a diverse array of highly engineered products and services that cater to varying market needs, showcasing the company’s capabilities in innovation, technology, and engineering.

1. Commercial/Industrial Segment

Products and Services:
The Commercial/Industrial segment provides a broad spectrum of products and services tailored primarily for the general industrial, commercial aerospace, and, to a lesser extent, defense and power generation markets. Key offerings include:

- Industrial Vehicle Products: This includes electronic throttle control devices and transmission shifters that enhance vehicle performance and reliability.
- Sensors and Controls: The segment offers a variety of sensors and electro-mechanical actuation components, which are critical for the operational efficiency of numerous industrial applications.
- Utility Systems for Commercial Aircraft: These include onboard systems vital for aircraft operations, enhancing safety and functionality.
- Surface Technology Services: Curtiss-Wright employs advanced techniques such as shot peening, laser peening, and coatings to improve the durability and performance of component surfaces. These are essential for applications where wear resistance is crucial.
- Testing Services: The company provides advanced testing capabilities for components used in various industries, ensuring reliability and compliance with stringent standards.
- Valves: These are primarily offered to the industrial and naval defense markets, where precise control of fluids is necessary.
- Pressure Relief Management Systems: Targeting the oil and gas as well as petrochemical industries, these systems are crucial for safety and operational efficiency in high-pressure environments.

Market Influences:
The performance of the Commercial/Industrial segment is heavily influenced by broader economic conditions, including consumer consumption, commercial construction rates, and the overall health of global industrial sectors. The market demand for these products and services can fluctuate based on economic cycles, regulatory changes, and technological advancements.

Defense Segment

Products and Services:
The Defense segment specializes in offering a wide variety of products specifically designed for defense applications, while some offerings also cater to commercial aerospace. Key products include:

- COTS Embedded Computing: This encompasses off-the-shelf computing modules that are adaptable for various mission-critical applications.
- Integrated Subsystems: These systems integrate multiple components and functionalities to provide comprehensive solutions for military and aerospace platforms.
- Flight Test Equipment: Essential for verifying the performance and reliability of aerospace systems during development and operational testing.
- Instrumentation and Control Systems: Critical for managing and monitoring systems in aerospace and military applications.
- Turret Aiming and Stabilization Products: These technologies enhance the targeting accuracy and stabilizing capabilities of defense systems.
- Weapons Handling Systems: Essential for the safe operational management of armaments in military scenarios.

Market Influences:
The Defense segment is significantly affected by government funding levels and defense spending patterns, particularly from the U.S. government. The complexities of defense contracts and regulatory compliance drive the production processes, which are often more advanced than those in the commercial sector. This segment also responds to geopolitical factors and military modernization efforts.

Power Segment

Products and Services:
In the Power segment, Curtiss-Wright delivers specialized products primarily for the nuclear power generation market, with some overlap into naval defense. Core offerings include:

- Nuclear Plant Hardware: This includes pumps, valves, fastening systems, and containment products essential for safe and efficient nuclear operations.
- Reactor Coolant Pump (RCP) Technology: Critical for the safe circulation of coolant in nuclear reactors, ensuring optimal performance under operational stresses.
- Fluid Sealing Technologies: Vital for preventing leaks and maintaining the integrity of nuclear systems.
- Spent Fuel Management Products: Designed to safely handle and store spent nuclear fuel, addressing major safety and regulatory concerns within the industry.
- Secondary Propulsion Systems: Primarily used by the U.S. Navy, these systems enhance the performance of naval vessels.

Market Influences:
Sales in the Power segment are heavily shaped by energy pricing trends, regulatory environments, and the demand for nuclear energy. The segment is sensitive to changes in energy policy and regulatory frameworks that impact the construction and operation of nuclear power plants.

International Operations

Curtiss-Wrights presence extends beyond domestic markets, engaging in international operations that support its various segments. The company has developed a global footprint to meet the growing demand for its products and services worldwide. International operations typically focus on defense, aerospace, and energy markets in regions such as Europe, Asia, and the Middle East. By establishing strategic partnerships and tapping into local suppliers and manufacturers, Curtiss-Wright enhances its ability to serve diverse markets effectively.

In summary, Curtiss-Wright Corporation operates with a robust portfolio of products and services across its three key segments. Each segment is finely tuned to meet the demands of its respective market, with a clear understanding of the influences of economic, regulatory, and geopolitical factors. The companys capabilities in engineering and technological innovation position it strongly in the competitive landscape across commercial, defense, and power sectors, ensuring it remains a key player in its field.


Composition of Curtiss wright Corporation Revenues by Segments

 
Aerospace Defense    70.22 % of total Revenue
Commercial    29.8 % of total Revenue
Aerospace Defense Aerospace Defense    19.64 % of total Revenue
Ground Defense Aerospace Defense    11.1 % of total Revenue
Naval Defense Aerospace Defense    27.38 % of total Revenue
Commercial Aerospace Aerospace Defense    12.1 % of total Revenue
Power Process Commercial    18.29 % of total Revenue
General Industrial Commercial    11.52 % of total Revenue
Transferred over Time    0 % of total Revenue
Transferred at Point in Time    0 % of total Revenue
Corporate and Eliminations    -0.14 % of total Revenue
Aerospace Industrial    27.91 % of total Revenue
Defense Electronics    28.18 % of total Revenue
Naval Power    44.07 % of total Revenue

Q1 three months ended (Mar 31 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Aerospace Defense 641.43 70.22 %
Commercial 272.26 29.8 %
Aerospace Defense Aerospace Defense 179.44 19.64 %
Ground Defense Aerospace Defense 101.41 11.1 %
Naval Defense Aerospace Defense 250.08 27.38 %
Commercial Aerospace Aerospace Defense 110.51 12.1 %
Power Process Commercial 167.06 18.29 %
General Industrial Commercial 105.20 11.52 %
Transferred over Time 0.00 0 %
Transferred at Point in Time 0.00 0 %
Corporate and Eliminations -1.31 -0.14 %
Aerospace Industrial 254.95 27.91 %
Defense Electronics 257.46 28.18 %
Naval Power 402.58 44.07 %
Total 913.48 100 %




Q1 three months ended (Mar 31 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Aerospace Defense 13.95 % -
Commercial 12.17 % -
Aerospace Defense Aerospace Defense 18.27 % -
Ground Defense Aerospace Defense 4.29 % -
Naval Defense Aerospace Defense 13.11 % -
Commercial Aerospace Aerospace Defense 18.98 % -
Power Process Commercial 16.88 % -
General Industrial Commercial 5.42 % -
Transferred over Time -1.89 % -
Transferred at Point in Time 2.13 % -
Corporate and Eliminations - -
Aerospace Industrial 12.1 % -
Defense Electronics 4.78 % -
Naval Power 20.77 % -
Total 13.41 % -73.88 %




Q1 three months ended (Mar 31 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Corporate and Eliminations -10.69 -
Defense Electronics 71.93 27.94 %
Total 128.19 14.03 %




Q1 three months ended (Mar 31 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Corporate and Eliminations - -
Defense Electronics 6.64 % -
Total 26.49 % -73.53 %




Annual Report on Curtiss wright Corporation Divisions, Sales by Country

 
Aerospace Defense   Aerospace Defense Segment contribution to total sales 70.08 % of total Revenue
Commercial   Commercial Segment contribution to total sales 29.94 % of total Revenue
Aerospace Defense Aerospace Defense   Aerospace Defense Aerospace Defense Segment contribution to total sales 19.23 % of total Revenue
Ground Defense Aerospace Defense   Ground Defense Aerospace Defense Segment contribution to total sales 11.63 % of total Revenue
Naval Defense Aerospace Defense   Naval Defense Aerospace Defense Segment contribution to total sales 26.92 % of total Revenue
Commercial Aerospace Aerospace Defense   Commercial Aerospace Aerospace Defense Segment contribution to total sales 12.3 % of total Revenue
Power Process Commercial   Power Process Commercial Segment contribution to total sales 18.16 % of total Revenue
General Industrial Commercial   General Industrial Commercial Segment contribution to total sales 11.78 % of total Revenue
Transferred over Time   Transferred over Time Segment contribution to total sales 0 % of total Revenue
Transferred at Point in Time   Transferred at Point in Time Segment contribution to total sales 0 % of total Revenue
Aerospace Industrial   Aerospace Industrial Segment contribution to total sales 27.94 % of total Revenue
Defense Electronics   Defense Electronics Segment contribution to total sales 29.22 % of total Revenue
Naval Power   Naval Power Segment contribution to total sales 42.99 % of total Revenue
InterEliminations   InterEliminations Segment contribution to total sales -0.12 % of total Revenue
United States of America   United States of America Segment contribution to total sales 72.86 % of total Revenue
United Kingdom   United Kingdom Segment contribution to total sales 5.65 % of total Revenue
Other foreign countries   Other foreign countries Segment contribution to total sales 21.52 % of total Revenue


Twelve months ended 2025
CW s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Aerospace Defense 2,451.09 70.08 %
Commercial 1,047.28 29.94 %
Aerospace Defense Aerospace Defense 672.53 19.23 %
Ground Defense Aerospace Defense 406.80 11.63 %
Naval Defense Aerospace Defense 941.65 26.92 %
Commercial Aerospace Aerospace Defense 430.11 12.3 %
Power Process Commercial 635.14 18.16 %
General Industrial Commercial 412.14 11.78 %
Transferred over Time 0.00 0 %
Transferred at Point in Time 0.00 0 %
Aerospace Industrial 977.19 27.94 %
Defense Electronics 1,021.82 29.22 %
Naval Power 1,503.49 42.99 %
Total 3,497.53 100 %
InterEliminations -4.13 -0.12 %
United States of America 2,548.24 72.86 %
United Kingdom 197.49 5.65 %
Other foreign countries 752.64 21.52 %


Twelve months ended 2025
CW s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total 484.23 13.84 %

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Aerospace Defense 12.96 % -
Commercial 10.09 % -
Aerospace Defense Aerospace Defense 9.07 % -
Ground Defense Aerospace Defense 15.14 % -
Naval Defense Aerospace Defense 14.57 % -
Commercial Aerospace Aerospace Defense 13.76 % -
Power Process Commercial 17.45 % -
General Industrial Commercial 0.4 % -
Transferred over Time 4.08 % -
Transferred at Point in Time -3.92 % -
Aerospace Industrial 4.71 % -
Defense Electronics 11.75 % -
Naval Power 17.56 % -
Total 12.08 % 19.57 %
InterEliminations - -
United States of America 11.41 % -
United Kingdom 46.7 % -
Other foreign countries 7.63 % -



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