|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||106.50 - 108.64|
|52 Week Range||96.17 - 127.74|
|Beta (5Y Monthly)||1.56|
|PE Ratio (TTM)||35.47|
|Earnings Date||Feb 24, 2022|
|Forward Dividend & Yield||0.43 (0.41%)|
|Ex-Dividend Date||May 31, 2021|
|1y Target Est||132.00|
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Curtiss-Wright (CW) reveals that it has clinched an agreement to acquire Safran Aerosystems Arresting Company for $240M, thus expanding its global footprint and enhancing its product portfolio through the transaction.
Curtiss-Wright Corp (NYSE: CW) has agreed to acquire the assets that comprise the Safran Aerosystems Arresting Company (SAA) for $240 million in cash. SAA is a designer and manufacturer of aircraft emergency arresting systems with over 5,000 systems worldwide and currently sells to more than 70 countries. It generated sales of ~$70 million in FY21. SAA, which employs nearly 140 people, is based in Aston, Pennsylvania, and also has operations in Merpins, France. Curtiss-Wright expects the transac
Investors took heart from a positive statement from a key aerospace supplier and a change of sentiment helped the sector early in 2022.