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Submitted by shilpa on February 16, 2011
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Curtiss-Wright Receives Contract from South Korea's Hanwha Corporation

February 16, 2011

Curtiss-Wright announced today it has received a contract from Hanwha Corporation of South Korea. The multi-million dollar contract authorizes work to commence on the design and manufacture of Towed-Array Handling Systems to be used in conjunction with a South Korean shipbuilding program.

Work for this contract will be performed at INDAL, a business unit of Curtiss-Wright Defense Solutions, based in Mississauga, Ontario, Canada, with the first delivery scheduled for October 2014.

"We are very pleased to support South Korea's shipbuilding project." said David Linton, Co-Chief Operating Officer of Curtiss-Wright Corporation. "The supply of Towed-Array Handling Systems demonstrates our engineering expertise in providing advanced performance and innovative equipment designs. Curtiss-Wright consistently delivers demonstrated, profound value to our customers and it is what sets us apart from the competition."

Curtiss-Wright's capabilities include customized cable handling systems designed to meet varied customer requirements for military, scientific and commercial applications. With systems that operate safely in high sea states and at maximum ship speeds, Curtiss-Wright is recognized as a world leader in the design and supply of cable handling systems for both surface and submarine applications.

 

About Curtiss-Wright Corporation

Curtiss-Wright Corporation (NYSE:CW) is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing reliable solutions through trusted customer relationships. The company employs approximately 9,000 people worldwide. For more information, visit www.curtisswright.com.

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