Curtiss-Wright Corporation announced on January 2, 2025, the completion of its acquisition of Ultra Nuclear Limited and Weed Instrument Co., Inc., collectively known as Ultra Energy. The transaction was valued at $200 million in cash.
Ultra Energy is a leading global provider of safety-critical measurement and control systems for the Commercial Nuclear and Aerospace & Defense markets. Its product portfolio includes reactor protection systems, neutron monitoring systems, radiation monitoring systems, and various sensors.
This acquisition expands Curtiss-Wright’s global commercial nuclear portfolio with complementary solutions, supporting plant life extensions and modernization projects. It also strengthens the company's ties to the UK nuclear submarine fleet and expands its reach among global Small Modular Reactor (SMR) designers. Ultra Energy generated approximately $65 million in sales in 2023 and is expected to be accretive to Curtiss-Wright's adjusted diluted earnings per share in its first full year of ownership, excluding first-year purchase accounting costs.
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