Curtiss-Wright Awarded $4.25M Contract for U.S. Army Program

AWARD FOR SUPPORT OF FUTURE COMBAT SYSTEMS

ROSELAND, N.J., July 30, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Curtiss-Wright Corporation (NYSE: CW) today announced it was chosen for the development and demonstration phase of the U.S. Army's Future Combat Systems' (FCS) Integrated Computer System (ICS) program. Under terms of the contract with General Dynamics C4 Systems and Rockwell Collins, Inc., Curtiss-Wright will supply its Gigabit Ethernet Switch Module (GESM) to meet the performance and reliability needs of the FCS, a family of advanced, networked air- and ground-based military systems for use by the U.S. Army's future forces.

"Curtiss-Wright is proud to supply our advanced open-standards based networking products for the U.S. Army's FCS/ICS program," said Martin R. Benante, Chairman and Chief Executive Officer of Curtiss-Wright. "We have taken a leadership role in developing the new high performance standards needed to meet emerging defense applications and we are committed to delivering products based on these standards that should provide maximum throughput, compatibility and computing power."

General Dynamics and Rockwell Collins provide the computer processing, networking, information assurance and data storage resources necessary to support the network-centric operations of FCS.

The GESM contract will be fulfilled by the Curtiss-Wright Motion Control segment facility in Ottawa, Canada and shipped to Rockwell Collins. Curtiss-Wright will supply the General Dynamics/Rockwell team with a rugged VPX-based line replaceable module, called the VPX3-683. VPX3-683 technology supports "in-the-field" servicing, enabling the replacement of individual cards rather than entire card-filled subsystems, thus reducing cost, complexity and logistics. The company's GESM design utilizes commercial-off-the-shelf (COTS) products, which eliminates custom design and support costs and provides cost-effective, readily available, technically-current and future-tolerant core functionality for the FCS system.

The award also includes a services contract to be provided by Curtiss-Wright with a production phase option planned to start in 2010.

ABOUT CURTISS-WRIGHT

Curtiss-Wright Corporation is a diversified company headquartered in Roseland, N.J. The company designs, manufactures and overhauls products for motion control and flow control applications, and provides a variety of specialized metal treatment services. The firm employs approximately 7,600 people worldwide. More information on Curtiss-Wright can be found at http://curtisswright2014.q4web.com.

ABOUT CURTISS-WRIGHT CONTROLS, INC.

Headquartered in Charlotte, North Carolina, Curtiss-Wright Controls is the Motion Control segment of Curtiss-Wright Corporation. With manufacturing facilities around the world, Curtiss-Wright Controls is a leading technology-based organization providing niche motion control products, subsystems and services internationally for the aerospace and defense markets. For more information, visit http://www.cwcontrols.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 Curtiss-Wright Corporation's expectations of future performance of our development work, the value of the contract, the continued relationship with an existing customer, the successful implementation of this government 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

http://curtisswright2014.q4web.com

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