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Curtiss-Wright’s Defense Solutions division, a leading supplier of Modular Open Systems Approach (MOSA) solutions engineered for success, today announced that was selected by General Dynamics European Land Systems-Steyr (gdels.comto provide maintenance, repair and overhaul (MRO) services to help extend the operational life of the Austrian Army’s fleet of Ulan Infantry Fighting Vehicles (IFV). Under the contract, valued in excess of $10 million, Curtiss-Wright will replace the original electronic components used in the ground vehicle’s turret drive stabilization system and overhaul the vehicle’s mechanical components. The contract, which began in February 2023, is scheduled to run through the end of 2028.
Curtiss-Wright’s MRO services will help keep Austria’s Ulan Infantry Fighting Vehicle fleet at the optimal operational state for decades to come. As the original supplier, almost twenty-five years ago, of the Ulan IFV’s turret stabilization technology, Curtiss-Wright is able to cost-effectively update the electronic components on the vehicle using one-to-one fit, form, and function replacements. Even better, as the original OEM, Curtiss-Wright is able to overhaul the system’s mechanical components at far greater cost savings compared to having an alternative supplier replace the vehicle’s turret drive hardware.
About Curtiss-Wright’s Turret Drive Servo System
The TDSS uses a modular architecture and standard system configurations, which speeds system development and enables programs to reach demonstration and production phases more rapidly. The use of preconfigured TDSS system components also reduces the time and costs associated with the requirements definition process.
The TDSS enables system integrators to select the exact aiming and stabilization solution that their platform requires - from a manually operated drive all the way up to a highly sophisticated, stabilized drive system while streamlining enhancements and/or system modification for use on different platforms. This approach is significantly more cost-effective and flexible than traditional bespoke aiming and stabilization system alternatives. TDSS system components can be easily adapted for use on different ground vehicle turrets to meet dynamic program requirements, including performance and precision.
The TDSS products covered by the contract are designed at Curtiss-Wright’s Drive Technology facility in Neuhausen am Rheinfall, Switzerland. Curtiss-Wright is shipping the products to General Dynamics European Land Systems in Vienna, Austria.
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About Curtiss-Wright Corporation
Curtiss-Wright Corporation (curtisswright.com) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of 8,100 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright, headquartered in Davidson, North Carolina, has a long tradition of providing innovative solutions through trusted customer relationships.
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This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, including statements relating to Curtiss-Wright’s expectations of a continued relationship with an existing customer, the continued funding and success of this ground vehicle program, the performance of its products in this program, and the potential value associated with this contract, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in US and Foreign government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities Exchange Act of 1934, as amended, for further information.
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