Curtiss-Wright [CW] said on Jan. 13 it has acquired Component Coating and Repair Services Limited (CCRS), which supports aerospace and industrial turbine applications, for $25 million in cash. United Kingdom-based CCRS has about 100 employees and is expected to generate about $11 million in sales this year. The company, which will operate within Curtiss-Wright’s Commercial/Industrial segment, provides ultra-smooth and corrosion resistant coatings and precision airfoil services. “The acquisition of CCRS adds new high-technology services to our Surface Technologies business that complement…
Congress Updates
‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says
In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]
Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]