Curtiss-Wright Raises Full-Year Guidance Amid Record $4.6 Billion Order Backlog
Curtiss-Wright (CW) reported strong third-quarter 2026 results, characterized by a 10% year-over-year increase in sales and an upward revision of full-year guidance for all major financial metrics. The company's total order backlog has reached a record $4.6 billion, representing a 12% increase year-to-date, driven largely by significant momentum in the defense electronics and commercial nuclear sectors. Key growth drivers include a massive expansion in the commercial nuclear market, specifically through high-value design packages for Rolls-Royce small modular reactors (SMR) valued at over $100 million. Additionally, a 27% rise in Defense Electronics order bookings reflects increased spending by the U.S. Department of Defense and NATO allies. Management's proactive supply chain strategies have also helped protect margins and delivery schedules against component shortages.