The Roseland company will make pumps for next-generation Navy aircraft carriers.Curtiss-Wright (NYSE: CW) in Roseland won a contract from Northrop Grumman Newport News to design and manufacture pumps for the NavyÂs new breed of aircraft carriers. The company will manufacture the pumps at its Phillipsburg-based flow control division.
The construction of the CVN-21 class of aircraft carriers is expected to begin in 2007. The nuclear-powered carriers will be more than 1,000 feet long, carry 75 aircraft and rely on a crew of more than 4,600. Curtiss-Wright plans to deliver the pumps in 2008 and 2009. Company shares were down $0.91 to $61.92 in morning trading.