Curtiss-Wright Corporation reported a significant increase in its financial performance for the fiscal year ending December 31, 2025, with total sales reaching $3.5 billion, a 12% increase from $3.1 billion in 2024. The company's operating income also rose by 20% to $633.5 million, compared to $528.6 million in the previous year. Net earnings for 2025 were $484.2 million, reflecting a 20% increase from $405 million in 2024. The growth was driven by strong performance across all three business segments: Aerospace & Industrial, Defense Electronics, and Naval & Power, which saw sales increases of 5%, 12%, and 18%, respectively.
The company experienced notable changes in its operational metrics compared to the previous fiscal period. New orders increased by 10% to $4.1 billion, and backlog rose by 18% to $4.1 billion, indicating a strong demand for its products and services. The Defense Electronics segment, in particular, benefited from increased orders for embedded computing and tactical communications products. Additionally, the company’s effective tax rate decreased to 21.9% from 22.4% in 2024, primarily due to tax benefits associated with a legal entity restructuring.
Strategically, Curtiss-Wright has focused on enhancing its market position through both organic growth and acquisitions. In 2024, the company acquired two businesses for a total of $235 million, which contributed to its revenue growth in 2025. The company has also emphasized its commitment to research and development, with R&D expenses increasing to $95.2 million in 2025 from $91.6 million in 2024. This investment is aimed at driving innovation and aligning with evolving market trends, particularly in defense and aerospace sectors.
Operationally, Curtiss-Wright maintained a workforce of approximately 9,100 employees across more than 20 countries, with about 6% represented by labor unions. The company’s manufacturing facilities are strategically located in the U.S. and internationally, allowing for geographic expansion and enhanced production capabilities. The company reported a strong focus on customer relationships, with no single customer accounting for more than 10% of total net sales, thereby diversifying its revenue streams.
Looking ahead, Curtiss-Wright expressed optimism about its growth trajectory, particularly in defense spending, which is expected to remain strong due to ongoing geopolitical tensions and U.S. government priorities. The company anticipates continued demand for its products in both defense and commercial markets, supported by a robust backlog and strategic investments in technology and innovation. The outlook for 2026 includes expectations for further revenue growth, driven by increased funding for naval shipbuilding and modernization efforts in the defense sector.
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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