Curtiss-Wright Reports Strong Q3 2026 Results with Raised Full-Year Guidance
Curtiss-Wright (CW) reported robust third-quarter 2026 financial results, characterized by a 10% increase in net sales to $953 million and a 16% rise in adjusted diluted EPS to $3.94. Growth was fueled by high demand across the aerospace, defense, and commercial nuclear sectors, leading to a record backlog of $4.6 billion and new orders totaling $1.1 billion. Driven by strong performance in naval and industrial segments, management raised its full-year sales guidance to an 8% to 10% growth range. While the Defense Electronics segment saw margin compression due to R&D spending and product mix, overall operational efficiency remained high with a 108% cash conversion rate. The company continues to execute on its capital allocation strategy through a significant share repurchase program.
Tickers: $CW
Topics: aerospace and defense earnings report financial guidance revenue growth