Curtiss-Wright 2010 Business Overview

Uniquely Positioned for Growth through Facility Enhancement

Market leadership requires investment of capital in the construction of new facilities that are compatible with new technologies as well as expansion of existing operations to meet increased demand and to improve productivity.

Investment fuels both our adoption of the latest production technologies to maintain high efficiencies and the opening of facilities in new geographic markets that are served more efficiently on a local basis. Investment in expansion is a competitive advantage in growing and high-value markets.

A new, state-of-the-art facility in Texas will be Curtiss-Wright's manufacturing center of excellence for the construction of super vessels, thick-walled pressure vessels, reactors and hydrotreaters and for modular fabrication in support of the global oil and gas industry. This facility will increase our manufacturing capacity and reduce our costs, while improving our overall competitiveness and expanding our product offerings. The commitment to build this facility, which is scheduled to open in 2011, demonstrates the critical role that energy markets will play in our future growth.

Curtiss-Wright supports the growth of manufacturing in rapidly developing economies by establishing local surface treatment capabilities. Our Metal Treatment facility in Jiangsu Province, China, serves the aerospace, automotive, medical and chemical industries in and around the industrial center in Shanghai with controlled shot peening services, as well as advanced lubrication and corrosion protection coatings technology.

Our new surface treatment facility in Galway, Ireland, supports that country's significant medical device industry. This new facility offers parylene coatings technology, wherein thin polymeric coatings are applied in vacuum chamber environments. These biocompatible coatings provide moisture and electrical protection for medical as well as electronic devices. After originally adding this technology to our portfolio of services through an acquisition, we are migrating the parylene coating capability to other sites in the U.S. to capitalize on geographic market opportunities.

A key part of success requires a strong commitment to developing capabilities in-country and building long-term relationships in target global markets.