Engineered to Connect
Letter to Shareholders
“Curtiss-Wright delivered impressive results and exhibited tremendous operational agility in 2021. The initiation and execution of our new Pivot to Growth strategy was successful in its first year, and I am excited about this next phase of Curtiss-Wright’s journey.”
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Our vision for long-term profitable growth is focused on driving greater collaboration between our people and our partners.
Headquartered in Davidson, N.C., Curtiss-Wright Corporation is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets.
Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. Today, we leverage a workforce of 7,800 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve.
Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. Today, we leverage a workforce of 7,800 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve.
7%
GROWTH IN
SALES
SALES
17.0%
RECORD
OPERATING
MARGIN
OPERATING
MARGIN
11%
GROWTH IN
DILUTED EPS
DILUTED EPS
$350M
RECORD
SHARE
REPURCHASE
SHARE
REPURCHASE
116%
FREE CASH
FLOW
CONVERSION
FLOW
CONVERSION
Curtiss-Wright’s integrated portfolio of businesses enables the crossover of critical technologies between our Aerospace & Defense (A&D) and Commercial markets to accelerate our future growth.
67%
TOTAL AEROSPACE & DEFENSE (A&D) MARKETS
56% DEFENSE
11% COMMERCIAL AEROSPACE
Innovation & Collaboration
From Ideation and Research through to the Development and Launch of new ideas, our Innovation Operating System enables an enterprise-wide view of critical initiatives to explore and enhance our avenues for growth, along with a “fail fast” mentality to ensure that we are spending our resources wisely.
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Technical Excellence
Curtiss-Wright’s Technical Fellows Program recognizes the top 1-2% of our engineering colleagues who exhibit the pinnacle of capability and expertise, reinforcing the company’s commitment to technical excellence, as well as an avenue to recognize employees that go above and beyond in their field of expertise.
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