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HOME > INVESTOR RELATIONS > Financial Reports

Global nuclear power partnerships


2007 marked the first applications for new nuclear power plants to be built in the U.S. in nearly 30 years. Indeed, the challenge of providing a secure domestic energy supply to meet growing demand and the focus on environmental protection have produced a compelling argument for nuclear power generation. Superior safety performance and cost-effective electricity production, combined with growing public support, are strong signals that nuclear power will play an important role in meeting future demand.

Curtiss-Wright has been an active participant in the global nuclear market—from the first U.S. Navy nuclear-powered submarine to the first domestic nuclear power plant. Our heritage in nuclear power generation is demonstrated by more than 50 years of engineering expertise and our commitment to excellence is proudly represented in thousands of critical service components installed in nuclear plants worldwide.

Operating Reactors

Our customers require support for their installed base equipment, in particular, dealing with obsolescence and supplier exodus, and more efficient technologies for production. Much of the equipment we provide is used to control flow, such as valves, pumps, instrumentation, heat exchangers, containment bolting and sealing technologies, all of which are extremely critical to plant performance and safety. It takes impeccable credentials to be a nuclear supplier, and Curtiss-Wright has invested in state-of-the-art equipment, highly skilled employees, strategic teaming partnerships and quality assurance certifications that support the nuclear market. In the U.S. nearly half of the nuclear power plants currently operating have received 20-year extensions to their 40-year operating licenses, with most of the others expected to follow. Curtiss-Wright has participated every step of the way, from the first plant life extension at Calvert Cliffs, supplying over $4 million of rotary shut-off valves, to ongoing analysis with those customers expecting to apply. In addition to extending licenses, operators have employed Curtiss-Wright’s newer, more efficient technologies to increase power output by 4,845 MWe, equating to almost five new reactors. An additional 2,500 MWe is expected to be added to the grid during the next five years from power uprates. Plant life extensions, power uprates and other performance initiatives are a cost-effective means of creating new generation capacity, which is not unique to U.S. plants. Globally there are 439 nuclear reactors operating in approximately 30 countries. While the U.S. has the most operating reactors, other countries with mature nuclear power programs include Canada, France, Germany, India, Japan, Russia, South Korea and the U.K.

New Construction

In the global market, Curtiss-Wright has enjoyed success in countries such as China, Finland, Russia, South Korea and Taiwan where new plant construction has been active.

In 2007, we announced our first order from China for Curtiss-Wright equipment used in the Westinghouse AP1000 design. The AP1000, the first Generation III+ nuclear power plant to receive design certification by the Nuclear Regulatory Commission, is based on 50 years of design and support experience with existing pressurized water reactors. The advanced passive reactor design features natural circulation, gravity, convection and compressed gas to address accident conditions, rather than relying on operator actions and independent power. Because of the simplification of the plant design, it has fewer valves, pumps and piping, which contributes to improved reliability and reduced plant construction/operating costs. Curtiss-Wright designs and manufactures major components that are at the heart of the AP1000 nuclear power plant design, namely, the reactor coolant pumps that circulate the coolant fluid for the reactor and the control rod drive mechanisms which are used to control the reactor core activity. These critical components have operating lives in excess of 40 years with virtually no maintenance requirements.

Global Partnerships

The nuclear accord between China and the U.S. represents the beginning of a dramatic shift in the global approach to supplying clean energy worldwide. With concerns about global warming and energy security on the rise, nuclear energy technology is fostering global partnerships that will expand the safe use of nuclear energy in the near term. We are very proud of our leadership in this critical market. Curtiss-Wright's expansive installed base at every nuclear power plant in the U.S. and throughout the global industry, combined with our numerous advanced technologies, will enable us to remain at the forefront of this vital, growing market.


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