FALLS CHURCH, VA--(Marketwire - April 2, 2012) - Curtiss-Wright Flow Control Company announced today that its Target Rock business unit has been awarded contracts valued in excess of $40 million to provide valves for the U.S. Navy's Virginia-Class submarines, as well as an assortment of spare components for nuclear powered ships. The awards from Bechtel Plant Machinery, Inc. (BPMI) and General Dynamics Electric Boat are the next releases under previously awarded contracts for Virginia-Class Submarines. The BPMI award was supplemented with spare components as an addition to the base contract. The work will be performed at Target Rock's facility in East Farmingdale, NY. Delivery of these components is scheduled for the 2013 through 2017 time frame.
"We are pleased and proud to have the opportunity to build on our long history as a significant supplier to the Virginia-Class submarine program," said David Linton, President of Curtiss-Wright Flow Control Company and Co-Chief Operating Officer of Curtiss-Wright Corporation. "These contracts will provide the long-lead nuclear components to enable submarine construction to continue to meet the needs of our naval forces. This award demonstrates that whenever excellence is needed for important applications related to our national defense, we are ready to meet the challenge. It also underscores our core values and our brand promise to deliver highly engineered products of profound, differentiating value to our customers."
For over 50 years, Curtiss-Wright has supplied technologically advanced products and services to the U.S. Navy with emphasis on nuclear propulsion systems. Our innovative, high-performance products can be found aboard nuclear submarines and aircraft carriers commissioned by the U.S. Navy, ensuring safe, reliable operations. In addition, our technology advances, including more power-dense motors and enhanced valve designs, enable more efficient operations, reduce manpower and overall cost, and increase safety.
About Curtiss-Wright Flow Control Company:
Curtiss-Wright Flow Control Company specializes in the design and manufacture of highly engineered valves, pumps, motors, generators, electronics and related products for the commercial nuclear power industry, oil and gas processing facilities, a range of critical military programs and the industrial controls market. Its innovative, high-performance products play an integral role in our nation's defense and in the safe, efficient operation of power plants and other industrial sites worldwide. Based in Falls Church, VA, the company has over 3,400 employees worldwide and is the Flow Control operating segment of Curtiss-Wright Corporation. For more information, visit www.cwfc.com
About Target Rock
The Target Rock business unit designs and manufactures advanced flow control products for the most critical and demanding applications in defense, commercial nuclear power and industrial markets, with a special focus on a wide range of valve technologies for nuclear and safety related applications. Located in Farmingdale, NY, it distinguishes itself with its innovative approaches to solving flow control problems and with its state-of-the-art manufacturing, testing and engineering capabilities. For more information, visit targetrock.cwfc.com