Curtiss-Wright Completes Acquisition of WSC Inc.

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Curtiss-Wright Corporation (NYSE: CW) announced that it has completed the acquisition of WSC Inc. for approximately $34 million in cash. WSC is a provider of state-of-the-art simulation technology that supports the design, commissioning and reliable operation of commercial nuclear power generation and process plants worldwide with an installed base of over 225 plant simulators.

The acquired business will operate within Curtiss-Wright's Naval & Power segment. “The acquisition of WSC increases the breadth of Curtiss-Wright’s portfolio of advanced commercial nuclear technologies utilized in the modernization of existing power plants and design of new power plants such as Advanced Small Modular Reactors,” said Lynn M. Bamford, Chair and Chief Executive Officer. “The combination of WSC's solutions, including their simulation and digital twin capabilities, with Curtiss-Wright's digital safety systems and advanced condition monitoring technology, will benefit our customers developing advanced reactors as well as those optimizing any power or process plant designs. The acquisition also supports Curtiss-Wright's financial objectives for long-term profitable growth and strong free cash flow generation.”

WSC’s proprietary 3KEYMASTER simulation platform is used in their nuclear full-scope simulators mandated by the Nuclear Regulatory Commission (NRC) and remain integral to reactor operator training and licensing. Simulation-assisted engineering tools optimize the design and commissioning of plants, including Advanced Small Modular Reactors (ASMRs), by creating a digital twin of plant components and systems to reduce risk, accelerate delivery and improve quality at a lower cost.

In 2023, WSC was awarded a contract by TerraPower to support the design and development of the Natrium sodium fast reactor, and continues to contribute to the development of other leading ASMR platforms. In addition, generic simulators are used at universities, regulatory agencies, training centers and plants to offer classroom-based training on nuclear plant operations under normal and abnormal conditions. WSC’s simulation capabilities have also proven beneficial for U.S. Navy nuclear design agencies and shipyards to enhance the design process of nuclear systems and components for aircraft carriers and submarines. WSC was founded in 1995 and employs approximately 45 people with operations in Frederick, MD.