Curtiss-Wright Bags Contract From Raytheon For MOSA-Based Processing & Networking Modules

Curtiss-Wright Corp. (NYSE:CW) has secured a contract from Raytheon Technologies Corp (NYSE:RTX) to provide its rugged Modular Open Systems Approach (MOSA)-based processor and networking modules for use in the Next Generation Special Mission Processor (SMP). The contract size was not disclosed.
The NextGen SMP serves as the central processing component of the AC/MC-130J aircraft.
According to the DoD, the use of MOSA solutions is expected to "support a more rapid evolution of capabilities and technologies throughout the product life cycle through the use of architecture modularity, open systems standards, and appropriate business practices."
The company has begun the shipments and is scheduled to run through 2032.
Price Action: CW shares traded higher by 2.07% at $127.64, while RTX was up 0.22% at $87.34 on the last check Monday.