Curtiss-Wright Corporation reported a strong financial performance for the second quarter and first half of 2026, with total net sales reaching $924 million for the three months ended June 30, 2026, a 5% increase from $877 million in the same period last year. For the first six months, net sales rose 9% to $1.84 billion compared to $1.68 billion in 2025. The company’s operating income also saw a significant increase, rising 14% to $179 million in the second quarter and 18% to $338 million for the first half of the year. Net earnings for the quarter were $151 million, up 25% from $121 million in the prior year, while earnings for the six months increased 26% to $279 million.
The growth in revenue and profitability was driven by increases across several segments, particularly Aerospace & Industrial and Naval & Power, which reported sales increases of 12% and 7%, respectively, in the second quarter. The Defense Electronics segment, however, experienced a slight decline in sales, down 3% due to timing issues with tactical communications equipment. The company attributed the overall increase in operating income to favorable overhead absorption on higher sales, improved product mix, and benefits from restructuring initiatives.
Curtiss-Wright has also made strategic moves to enhance its market position, including the termination of its previous credit agreement in May 2026 and entering into a new $1 billion revolving credit facility, which expands its borrowing capacity. This facility is intended to support general corporate purposes, including potential acquisitions and internal growth initiatives. The company reported a total backlog of approximately $4.5 billion as of June 30, 2026, with expectations to recognize about 90% of this as net sales over the next 36 months.
Operationally, the company has seen a positive trend in new orders, which increased by $76 million in the second quarter and $243 million in the first half of 2026, driven by strong demand in the Defense Electronics segment and increased orders for actuation products in Aerospace & Industrial. The company’s employee headcount remained stable, and it continues to focus on enhancing its operational efficiency and product offerings to maintain its competitive edge in the aerospace and defense markets.
Looking ahead, Curtiss-Wright remains optimistic about its growth prospects, citing strong demand in its core markets and the potential for further expansion through strategic acquisitions. The company anticipates continued revenue growth driven by its diversified product offerings and robust order backlog, although it acknowledges potential challenges from market conditions, including inflation and supply chain disruptions.
About CURTISS WRIGHT CORP
Curtiss-Wright Corporation is a global provider of highly engineered products, solutions, and services primarily serving aerospace, defense, power, and industrial markets. Its core offerings include advanced electronic systems, power management, sensors, and naval and power equipment. The company supports government and commercial customers worldwide, leveraging decades of engineering expertise, technological leadership, and a diversified portfolio to deliver mission-critical, safety-critical applications with competitive advantages in innovation and reliability.
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