Curtiss-Wright Awarded Multi-Million Dollar Contract for Turkish Coast Guard Program

--TO SUPPLY HYBRID TELESCOPIC HANGARS FOR TURKISH COAST GUARD SHIP PROGRAM

ROSELAND, N.J., March 3, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Curtiss-Wright Corporation (NYSE: CW) today announced that its Flow Control segment has received a contract from Fincantieri S.p.A for the supply of four hybrid steel and aluminum telescopic hangars for the Turkish Coast Guard Search and Rescue Ship Program.

"Curtiss-Wright is pleased to continue its work with Fincantieri, and proud to be a part of a new ship program in Turkey," said Martin R. Benante, CEO and Chairman of Curtiss-Wright Corporation. "The supply of these hybrid telescopic hangars demonstrates our continuing engineering expertise in providing specialized structure solutions with innovative equipment designs that deliver superior value through operational efficiency."

Curtiss-Wright's Flow Control facility in Mississauga, Ontario, Canada, will perform work for this contract, with deliveries scheduled to begin in late 2009. With over 50 years of experience, Curtiss-Wright is a leader in designing and manufacturing ship-borne aircraft handling systems, underwater sensor handling and specialized structures for military customers. This hybrid steel and aluminum telescopic hangar is a variant of Curtiss-Wright's well-established telescopic hangar solutions. The hybrid hangar will utilize steel for greater structural strength in critical areas where required, combined with aluminum to keep overall weight to a minimum.

The Turkish Coast Guard Search and Rescue Ship Program is a joint Italian/Turkish program with RMK Marine of Turkey building the Fincantieri designed ships. In addition to search and rescue, the multi-function vessel is being designed to meet the various needs of today's Coast Guard Exclusive Economic Zone (EEZ) patrol, concerning smuggling prevention, fire extinguishing and pollution prevention.

ABOUT CURTISS-WRIGHT

Curtiss-Wright Corporation is a diversified company headquartered in Roseland, New Jersey. The company designs, manufactures and overhauls products for flow control and motion control applications, and provides a variety of metal treatment services. The firm employs approximately 8,000 people. For more information, visit curtisswright2014.q4web.com.

ABOUT CURTISS-WRIGHT FLOW CONTROL

Curtiss-Wright Flow Control (CWFC) specializes in the design and manufacture of highly engineered valves, pumps, motors, generators, electronics, systems and related products for the commercial nuclear power industry, oil and gas processing facilities and a range of critical military programs. CWFC's innovative, high-performance products play an integral role in our nation's defense, and in the safe, efficient operation of power plants and other industrial sites worldwide. Based in Falls Church, VA, the company has approximately 3,200 employees worldwide and is the Flow Control operating segment of Curtiss-Wright Corporation. For more information, visit www.cwfc.com.

This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, including statements relating to management's expectations of the value of the contract, the continued relationship with an existing customer, the successful implementation of this foreign government naval program and future opportunities associated with this program, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in US and Foreign government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities and Exchange Act of 1934, as amended, for further information.

SOURCE Curtiss-Wright Corporation

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