Curtiss-Wright Enters $1B Credit Agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2026
0mins
Curtiss-Wright announced that it has entered into a new credit agreement with a group of nine banks increasing the size of its revolving credit facility to $1B, while also expanding the accordion feature to $500M. The new replacement credit facility has a five-year term set to mature in May 2031. The prior credit facility which was set to expire in May 2027 has been terminated. "We are pleased to announce the successful execution of our new and expanded revolving credit facility, facilitating greater financial flexibility to deliver on our disciplined capital allocation strategy that consists of pursuing strategic acquisitions as an accelerator to organic growth, optimizing our operational investments, and returning capital to our shareholders," said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. Curtiss-Wright expects to use the credit facility for general corporate purposes, which may include the funding of possible future acquisitions or supporting internal growth initiatives.
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Analyst Views on CW
Wall Street analysts forecast CW stock price to fall
6 Analyst Rating
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 777.290
Low
603.00
Averages
637.80
High
661.00
Current: 777.290
Low
603.00
Averages
637.80
High
661.00
About CW
Curtiss-Wright Corporation is a global integrated business that provides engineered products, solutions, and services mainly to the Aerospace & Defense markets, as well as critical technologies in demanding commercial power, process, and industrial markets. The Company's segments include Aerospace & Industrial, Defense Electronics, and Naval & Power. The Aerospace & Industrial segment consists of businesses that provide a diversified offering of engineered products and services supporting applications primarily across the commercial aerospace and general industrial markets. The Defense Electronics segment comprises businesses that primarily provide products for the defense market and, to a lesser extent, the commercial aerospace market. The Naval & Power segment comprises businesses that provide products for naval defense and, to a lesser extent, the power and process and aerospace defense markets. The products offered include main coolant pumps, seals, valves, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Innovation Legacy: Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright continues to provide innovative solutions through trusted customer relationships, further solidifying its position in critical technologies within commercial nuclear power, process, and industrial markets.
See More
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- Five-Year Term Loan: The new credit facility has a five-year term set to mature in May 2031, replacing the previous facility that was set to expire in May 2027, reflecting the company's confidence in future financial stability.
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