Research and Development: Comparing Key Metrics for Deere & Company and Curtiss-Wright Corporation

Innovation in Focus: A Comparative Analysis of R&D Investments

In the ever-evolving landscape of industrial innovation, research and development (R&D) play a pivotal role in shaping the future. Over the past decade, Deere & Company and Curtiss-Wright Corporation have demonstrated distinct strategies in their R&D investments. Deere & Company, a leader in agricultural machinery, has consistently allocated a significant portion of its resources to R&D, with a notable increase of approximately 50% from 2014 to 2023. In contrast, Curtiss-Wright Corporation, known for its engineering solutions, has shown a more modest growth of around 26% in the same period. This divergence highlights Deere's aggressive push towards innovation, while Curtiss-Wright maintains a steady, albeit slower, pace. Interestingly, the data for 2024 is incomplete, suggesting potential shifts in strategy. As these companies navigate the challenges of the modern market, their R&D investments will undoubtedly continue to be a key driver of their competitive edge.