Published May 11, 2022
“We are greatly encouraged by the double-digit order growth in the first quarter, which builds upon our already strong backlog and provides further confidence in our full-year outlook,” said President and CEO Lynn M. Bamford.
“Curtiss-Wright delivered solid adjusted diluted EPS of $1.31 in the first quarter, exceeding our expectations, as the benefits of our combined portfolio of businesses enabled us to partially mitigate the headwinds of continued global supply chain disruption and the delayed signing of the FY22 Defense budget,” said Lynn M. Bamford, president and CEO of Curtiss-Wright Corporation.
“Looking ahead to the remainder of the year, we anticipate steady, sequential improvement in sales, operating margin, diluted EPS and free cash flow, with a greater percentage of our full-year sales weighted to the second half of the year due to the timing of revenue within our defense markets. Overall, we are maintaining our full-year 2022 guidance for total sales growth of 3% to 5% driven by growth in all our A&D and Commercial markets, continued operating margin expansion and double-digit Adjusted diluted EPS growth of 10% to 12%, as we continue to successfully execute on our Pivot to Growth strategy to drive long-term shareholder value.”
The full report from Curtiss-Wright is here.
The upcoming Valve Forum: Conference & Exhibits will open with a timely and wide-ranging discussion on the state of the industrial valve industry, as leaders from across the value chain convene for the General Session on Monday, April 13 at The Westin in The Woodlands, Texas.
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Scholarships are awarded to VMA member company dependents studying engineering or manufacturing.
February 4, 2026
The event, April 13-15, is taking place in Greater Houston and draws attendees from all over the U.S. and Canada.
February 3, 2026
