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Curtiss-Wright Wins $20 Million Helicopter Contract

April 21, 2009 (FinancialWire) — Curtiss-Wright Corp. (NYSE: CW) said that it has received a contract from Claverham Ltd. to provide fly-by-wire systems components used in Sikorsky UH-60M Upgrade and CH-53K helicopters. The contract has a potential value in excess of $20 million over a 15-year period with shipments scheduled to begin in 2009.

The contract covers transducers for use in the fly-by-wire systems that control the main rotor and tail rotor on the helicopters. Curtiss-Wright said it will supply these products from a facility it has in the UK.

The UH-60M Black Hawk helicopter is used extensively by the U.S. Army as a utility helicopter. The CH-53K helicopter is slated to replace the Sikorsky CH-53E, which is the largest and heaviest helicopter in the United States military. The Marine Corps currently deploys the CH-53E from amphibious assault ships to transport personnel and equipment, and to carry external cargo loads.

Parsippany, New Jersey-based Curtiss-Wright designs, manufactures and overhauls products for motion control and flow control applications, and provides a range of specialized metal treatment services. The firm employs around 8,000 people worldwide.

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