Curtiss-Wright awarded F-16 Fighting Falcon production contract from Lockheed Martin Aeronautics Company

Lockheed Martin Aeronautics has awarded Curtiss-Wright Corporation (NYSE: CW) a multi-year production contract valued at over $14 million to provide leading edge flap rotary actuators and attachment tie bars for the F-16 Fighting Falcon. The agreement is a follow-on contract to Curtiss-Wright's existing production contract with Lockheed Martin.

"This follow-on contract further demonstrates Lockheed Martin's confidence in the ability of Curtiss-Wright to provide the highest performance, most reliable and best value product for the F-16," said Martin R. Benante, Chairman and Chief Executive Officer of Curtiss-Wright. "We deeply value our longtime partnership with Lockheed Martin and are proud to play such a critical role in the domestic and international success of the F-16 program."

Curtiss-Wright has provided Lockheed Martin's F-16 program with over 15,000 leading edge flap rotary actuators since 1991. The leading edge flap actuators and tie bars provide both the mechanical connections and active operation of the F-16's leading edge flaps. The production of these components and assemblies will take place at the Curtiss-Wright Motion Control facility located in Shelby, N.C.