Christine Lewis

Christine Lewis sought clarification on AP1000 content valuation, the potential and timing of the U.S. nuclear market, the expected source of the 2026 AP1000 order, and Curtiss-Wright's capacity to build AP1000s given increasing U.S. Navy content and CapEx.

Answer

Chair and CEO Lynn Bamford confirmed the historical content per AP1000 plant was over $110 million, with incremental content now targeted to double or triple the previous $10-$20 million. She highlighted positive U.S. government support and partnerships, expecting Poland to drive the first 2026 order. Lynn stated the company's capacity is 12-16 reactors annually, balanced with naval work, and current CapEx increases are for nuclear expansion. VP and CFO Chris Barker noted increased confidence in the $1.5 billion annual commercial nuclear revenue target by mid-next decade.