01162018Tue
Last updateMon, 15 Jan 2018 5pm

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Valve Manufacturing

Curtiss-Wright Reports Third Quarter 2017 Results

Curtiss-Wright’s sales of $568 million in the third quarter increased $61 million, or 12%, compared with the prior year, reflecting a $41 million, or 8%, increase in organic sales, an $18 million, or approximately 4%, contribution from acquisitions, and a $2 million benefit from favorable foreign currency translation.

Operating income in the third quarter was $97 million, an increase of $20 million, or 26%, compared with the prior year, due to strong performance in each of the segments. Third quarter net earnings increased 39% compared with the prior year, driven by higher operating income and lower taxes. 

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