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Curtiss-Wright supplies equipment that aircraft, military vehicles and naval ships need to operate, rather than building the complete aircraft or ship. Customers pay for products such as sensors and controls, onboard computers and naval propulsion equipment, as well as component treatments and repair services. Aerospace and defense account for most sales, with naval defense the largest end market. Most government business reaches the company through subcontracting work for prime contractors rather than direct government orders.
The company also sells equipment and services to nuclear power plants and industrial customers. Operating nuclear plants buy products and maintenance services, while new reactors need equipment such as coolant pumps and mechanisms that move reactor control rods, including those for Westinghouse’s AP1000 design. Existing plants’ continued operation is the main source of nuclear demand; new construction plays a smaller role.
Government end use accounts for most sales, although no single customer dominates revenue. The business therefore depends heavily on defense funding and the continuation of programs that use its equipment; commercial aircraft production also affects demand. Government contracts can be cancelled at the government’s option. Aircraft components require regulatory approvals and customer certification, and losing material approvals would prohibit affected sales. Export controls and technology-transfer restrictions also limit where and how Curtiss-Wright can supply its products.
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Curtiss-Wright also depends on nuclear plant maintenance and construction, including Westinghouse AP1000 projects that use its reactor coolant pumps and control-rod drive mechanisms.
BWX Technologies and Curtiss-Wright share exposure to U.S. nuclear-powered naval fleet construction: BWXT supplies reactors, fuel and nuclear components to government programs, while Curtiss-Wright supplies propulsion equipment and pumps. Both also serve commercial nuclear plants, making BWXT’s naval nuclear and commercial nuclear business worth watching alongside Curtiss-Wright’s Naval & Power sales.
Leonardo DRS competes for military and prime-contractor spending that also supports Curtiss-Wright, selling defense computers and ship propulsion, motors and power systems. Its sensing and computing business and naval power-system news are the relevant parts to watch, rather than its broader defense portfolio.
Mercury Systems competes with Curtiss-Wright to supply defense prime contractors with computers built into military equipment, mission-processing hardware and integrated electronic subsystems. Watch its sales of computing and sensor-processing products for a view of the market Curtiss-Wright serves as primes outsource electronics.
Moog competes with Curtiss-Wright for aerospace, defense and industrial customers buying equipment that precisely controls movement, including actuators. Aircraft and defense equipment makers accounted for 61% of Moog’s fiscal 2025 sales, making that customer group the useful comparison for Curtiss-Wright’s aerospace controls business.
Graham competes with Curtiss-Wright in defense machinery that moves fluids and delivers power, including turbomachinery, and both supply engineered equipment for naval applications. Graham’s defense propulsion and power-equipment business is the part to watch against Curtiss-Wright’s naval propulsion and auxiliary equipment.
Mirion Technologies competes with Curtiss-Wright to supply nuclear safety equipment and reactor instruments for operating plants and new reactors. More than 80% of Mirion’s nuclear power end-market revenue comes from its installed base, making replacement and service demand a useful check on the maintenance side of Curtiss-Wright’s nuclear business.
Teledyne competes with Curtiss-Wright for aerospace and military customers buying aircraft information-management systems, avionics and defense electronics. Watch Teledyne’s Aerospace and Defense Electronics business, rather than its much larger imaging business, for the closer comparison.
Woodward overlaps with Curtiss-Wright in supplying equipment manufacturers with aerospace motion controls and industrial control technologies. Its aerospace fluid and motion-control business is the closer comparison for Curtiss-Wright’s aircraft controls and electromechanical actuators; Woodward also sells controls for industrial turbines, compressors and engines.
AMETEK overlaps with Curtiss-Wright in supplying aerospace and defense customers with instruments, precision motion-control equipment and specialized defense turbomachinery. Its aerospace instruments and aerospace-and-defense electromechanical businesses offer a closer comparison than its medical or other industrial products.
TTM Technologies names Curtiss-Wright as a principal competitor for engineered aerospace and defense electronics and systems. TTM makes mission systems and radio-frequency assemblies for those customers, so its Aerospace & Defense segment is the relevant comparison—not its commercial circuit-board business.
Ducommun and Curtiss-Wright share exposure to commercial aircraft production and military equipment procurement: Ducommun supplies aircraft structures and electronic assemblies, while Curtiss-Wright supplies actuators, sensors and computing equipment. Ducommun’s commercial and military aircraft business offers a view of demand from those shared production markets.
Boeing is a customer of Curtiss-Wright, buying aircraft components and services for its commercial and military aircraft programs.
X-Energy’s planned Xe-100 reactors offer a potential supply opportunity for Curtiss-Wright, which it selected as a preferred strategic supplier for multiple systems. X-Energy develops reactors for customers needing electricity and industrial heat; watch deployment progress, since these are planned projects rather than reported reactor sales.
NuScale Power names Curtiss-Wright among the partners expected to manufacture components for its planned nuclear power modules, making deployment progress the thing to watch for potential supply work. NuScale’s reactor uses natural circulation rather than reactor coolant pumps, so this opportunity should not be read as demand for Curtiss-Wright’s coolant pumps.
One Stop Systems competes with Curtiss-Wright to supply military and aerospace customers with high-performance computers built to work in harsh conditions. Its computers for sensor processing and autonomous systems, along with technology-selection news from prime contractors and government agencies, are the relevant signs to watch.
TTM Technologies Inc earningsTTMI
TTM Technologies' Aerospace & Defense business and Curtiss-Wright's Defense Electronics business serve aerospace and military customers, so TTM's report can test whether their demand is moving together.
Read TTM Technologies' Aerospace & Defense sales alongside Curtiss-Wright's Defense Electronics sales and orders. Strength in both would suggest firmer demand among the customers they share; weakness at TTM while Curtiss-Wright holds up would show that the market signal is mixed, not that one has taken share from the other. The report helps judge whether demand is broad, not whether the companies won the same contract.
Boeing Company earningsBA
Boeing is a Curtiss-Wright customer, and its aircraft production and deliveries offer a demand signal for Curtiss-Wright's aerospace business.
Compare Boeing's aircraft production and deliveries with Curtiss-Wright Aerospace & Industrial's commercial-aerospace sales and orders. Stronger Boeing activity alongside stronger Curtiss-Wright figures would support a firm demand reading for their shared aircraft market; weaker Boeing activity could weigh on Curtiss-Wright's commercial-aerospace demand. Boeing is only one of Curtiss-Wright's many customers, so its report cannot settle the outlook for the whole segment.
Leonardo DRS, Inc. earningsDRS
Leonardo DRS supplies military computers and ship power systems, so its results in those businesses can show whether parts of the defense markets Curtiss-Wright serves remain active.
Watch Leonardo DRS's sensing and computing business and naval power systems, then compare them with Curtiss-Wright's Defense Electronics and Naval & Power sales and orders. Strength in both companies' relevant businesses would suggest active military and prime-contractor purchasing; weakness in both would point to possible cooling in shared markets. They compete for some of the same defense spending, but that does not mean they have the same contracts.
BWX Technologies, Inc. earningsBWXT
BWX Technologies supplies nuclear-powered naval programs and commercial nuclear plants, so its results can test demand in markets shared with Curtiss-Wright's Naval & Power business.
Separate BWX Technologies' naval nuclear programs from its commercial nuclear business, then compare each with Curtiss-Wright Naval & Power sales and orders. Stronger naval programs alongside firmer Curtiss-Wright orders would support demand from shared fleet construction; stronger commercial nuclear activity alongside Curtiss-Wright sales growth would point to support from operating nuclear plants. Weakness at BWX could signal slower programs or softer demand, but does not determine whether Curtiss-Wright wins or loses orders.
Curtiss-Wright Corp. earningsThis company
Naval & Power is Curtiss-Wright's largest business, and this report will show whether its sales growth is translating into a stronger operating margin.
Read Naval & Power sales alongside its operating margin, and watch orders and backlog too. Rising sales with a recovering margin would show that project deliveries are bringing in more profitable revenue; rising sales with a falling margin would suggest costs or contract execution are eroding the gain. Weaker orders or backlog would raise questions about whether future sales can follow. Backlog means committed orders not yet completed, but it does not guarantee future sales or their timing.
