# EDGAR Filing Document

**Accession Number:** 0000026324
**File Stem:** 0000026324-25-000038
**Filing Date:** 2025-8
**Character Count:** 90883
**Document Hash:** df4b24e9eb2021e10dd6900951d4e9ff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000026324-25-000038.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0000026324-25-000038

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 27

**CONFORMED PERIOD OF REPORT**: 20250806

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250807

**DATE AS OF CHANGE**: 20250807

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CURTISS WRIGHT CORP
- **CENTRAL INDEX KEY:** 0000026324
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT [3590]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 130612970
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-00134
- **FILM NUMBER:** 251191642

**BUSINESS ADDRESS:**
- **STREET 1:** 130 HARBOUR PLACE DRIVE
- **STREET 2:** SUITE 300
- **CITY:** DAVIDSON
- **STATE:** NC
- **ZIP:** 28036
- **BUSINESS PHONE:** 7048694600

**MAIL ADDRESS:**
- **STREET 1:** 130 HARBOUR PLACE DRIVE
- **STREET 2:** SUITE 300
- **CITY:** DAVIDSON
- **STATE:** NC
- **ZIP:** 28036

?xml version='1.0' encoding='ASCII'? cw-20250806

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 6, 2025

**CURTISS-WRIGHT CORPORATION**

(Exact Name of Registrant as Specified in Its Charter)

Delaware 1-134 13-0612970 <br> (State or OtherJurisdiction ofIncorporation) (Commission FileNumber) (IRS EmployerIdentification No.)

---

| | | |
|:---|:---|:---|
| 130 Harbour Place Drive, Suite 300 | 130 Harbour Place Drive, Suite 300 | |
| Davidson, | North Carolina | 28036 |
| (Address of principal executive offices) | (Address of principal executive offices) | (Zip Code) |

---

Registrant's telephone number, including area code: (704) 869-4600

--------------

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered <br> Common Stock CW New York Stock Exchange

---

| | | |
|:---|:---|:---|
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). | Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). | |
| | Emerging growth company | ☐ |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ |

---

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**Section 2 - Financial Information**

**Item 2.02. Results of Operations and Financial Condition**

On Wednesday, August 6, 2025, Curtiss-Wright Corporation (the "Company") issued a press release announcing financial results for the second quarter ended June 30, 2025. A conference call and webcast presentation will be held on Thursday, August 7, 2025 at 10:00 am Eastern Time for management to discuss the Company's second quarter 2025 financial performance as well as expectations for 2025 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call. A copy of the press release and the webcast slide presentation are attached hereto as Exhibits 99.1 and 99.2.

The financial press release, access to the webcast, and the accompanying financial presentation will be posted on the Investor Relations section of the Company's website at www.curtisswright.com. In addition, the dial-in number for domestic callers is (800) 343-5172, while international callers can dial (203) 518-9856. The conference ID code is CWQ225. For those unable to join the live presentation, a webcast replay will be available within the Investor Relations section on the Company's website beginning one hour after the call takes place.

The information contained in this Current Report, including Exhibits 99.1 and 99.2, is being furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any filing of the Company with the SEC, whether made before or after the date hereof, regardless of any general incorporation language in such filings.

**Item 9.01 Financial Statements and Exhibits**

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) Exhibits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99.1 <u>[Press Release dated](ex991_cwxq225xearnings.htm)[August 6, 2025](ex991_cwxq225xearnings.htm)</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99.2 <u>[Presentation shown during investor and securities analyst webcast on](ex992_cwxq225.htm)[August 7, 2025](ex992_cwxq225.htm)</u>

------

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| | CURTISS-WRIGHT CORPORATION |
| | <u>By: /s/ K. Christopher Farkas</u> |
| | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;K. Christopher Farkas |
| | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice President and |
| | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer |
| Date: August 7, 2025 |  |

---

## Exhibit 99.1

Curtiss-Wright Corporation, Page 1

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;

**Exhibit 99.1**

**NEWS RELEASE**

**CURTISS-WRIGHT REPORTS SECOND QUARTER 2025 FINANCIAL RESULTS AND RAISES FULL-YEAR 2025 GUIDANCE**

**DAVIDSON, N.C. – August 6, 2025 –** Curtiss-Wright Corporation (NYSE: CW) reports financial results for the second quarter ended June 30, 2025.

**Second Quarter 2025 Highlights:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**•** Reported sales of $877 million, up 12%, operating income of $156 million, operating margin of 17.8%, and diluted earnings per share (EPS) of $3.19;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted operating income of $160 million, up 20%;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted operating margin of 18.3%, up 130 basis points;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted diluted EPS of $3.23, up 21%;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New orders of $1.0 billion, reflecting a 1.14x book-to-bill; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Free cash flow (FCF) of $117 million.

**Raised Full-Year 2025 Adjusted Financial Outlook:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Sales guidance increased to new range of 9% to 10% growth (previously 8% to 9%), which continues to reflect growth in the majority of Curtiss-Wright's end markets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Operating income guidance increased to new range of 15% to 18% growth (previously 13% to 16%);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Operating margin guidance range increased by 20 basis points to 18.5% to 18.7%, now up 100 to 120 basis points compared with the prior year;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Diluted EPS guidance increased to new range of $12.70 to $13.00, now up 16% to 19% (previously $12.45 to $12.80, up 14% to 17%);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• FCF guidance range increased to $520 to $535 million, which continues to reflect greater than 105% FCF conversion; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Full-year 2025 guidance includes the potential direct impacts from tariffs on our operations as well as mitigating actions.

"Curtiss-Wright delivered a strong second quarter, highlighted by double-digit revenue growth in both our total A&D and Commercial markets, significant operating margin expansion, greater than 20% growth in Adjusted diluted EPS, and better-than-expected free cash flow generation," said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. "Our results also reflected the benefits of the Company's ongoing restructuring and operational excellence initiatives, and our dedication to making continued investments that drive profitable growth."

"Based on the strong first-half results and our outlook for the remainder of 2025, we have increased our full-year Adjusted guidance for sales, operating income, diluted EPS and free cash flow. We are successfully executing our Pivot to Growth strategy and building strong momentum to compound sustained profitable growth. In addition, we remain extremely well aligned to many favorable secular growth trends across our markets, today and well into the future."

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Curtiss-Wright Corporation, Page 2

**<u>Second Quarter 2025 Operating Results</u>**

---

| | | | |
|:---|:---|:---|:---|
| *(In millions)* | **Q2-2025** | **Q2-2024** | **Change** |
| ***Reported*** |  |  |  |
| Sales | $877 | $785 | 12% |
| Operating income | $156 | $129 | 21% |
| Operating margin | 17.8% | 16.4% | 140 bps |
| ***Adjusted*** <sup>(1)</sup> |  |  |  |
| Sales | $877 | $785 | 12% |
| Operating income | $160 | $133 | 20% |
| Operating margin | 18.3% | 17.0% | 130 bps |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup>*Reconciliations of Reported to Adjusted operating results are available in the Appendix.* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Sales of $877 million increased 12% compared with the prior year period;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Total A&D market sales increased 12%, while total Commercial market sales increased 10%;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• In our A&D markets, stronger than expected growth in the defense markets was driven by higher submarine revenues in naval defense and increased sales of defense electronics products, as well as higher OEM sales in the commercial aerospace market;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• In our Commercial markets, strong growth in the power & process market was principally driven by the contribution from our Ultra Energy acquisition and higher organic sales of commercial nuclear products, while sales in the general industrial market were flat; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted operating income of $160 million increased 20%, while Adjusted operating margin increased 130 basis points to 18.3%, driven by favorable overhead absorption on higher revenues in all three segments, the benefits of the Company's restructuring and operational excellence initiatives, favorable mix in the Naval & Power segment, and favorable foreign currency translation, partially offset by higher investment in research and development.

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Curtiss-Wright Corporation, Page 3

**<u>Second Quarter 2025 Segment Performance</u>**

**Aerospace & Industrial** 

---

| | | | |
|:---|:---|:---|:---|
| *(In millions)* | **Q2-2025** | **Q2-2024** | **Change** |
| ***Reported*** |  |  |  |
| Sales | $239 | $233 | 3% |
| Operating income | $39 | $35 | 11% |
| Operating margin | 16.3% | 15.1% | 120 bps |
| ***Adjusted*** <sup>(1)</sup> |  |  |  |
| Sales | $239 | $233 | 3% |
| Operating income | $40 | $38 | 5% |
| Operating margin | 16.6% | 16.2% | 40 bps |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup>*Note: Reconciliations of Reported to Adjusted operating results are available in the Appendix.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Sales of $239 million, up $6 million, or 3%;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Commercial aerospace market revenue growth reflected increased demand and higher OEM sales of sensors products and surface treatment services on narrowbody and widebody platforms;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• General industrial market revenue was essentially flat, as the benefit of higher sales of industrial vehicle products serving on-highway vehicle platforms and increased surface treatment services were offset by lower global off-highway and specialty industrial vehicle sales; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted operating income was $40 million, up 5% from the prior year, while adjusted operating margin increased 40 basis points to 16.6%, driven by favorable absorption on higher revenues, the benefits of the Company's restructuring initiatives and favorable foreign currency translation.

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Curtiss-Wright Corporation, Page 4

**Defense Electronics**

---

| | | | |
|:---|:---|:---|:---|
| *(In millions)* | **Q2-2025** | **Q2-2024** | **Change** |
| ***Reported*** |  |  |  |
| Sales | $253 | $228 | 11% |
| Operating income | $68 | $58 | 16% |
| Operating margin | 26.8% | 25.5% | 130 bps |
| ***Adjusted*** <sup>(1)</sup> |  |  |  |
| Sales | $253 | $228 | 11% |
| Operating income | $68 | $59 | 15% |
| Operating margin | 26.8% | 25.7% | 110 bps |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup>*Note: Reconciliations of Reported to Adjusted operating results are available in the Appendix.* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Sales of $253 million, up $25 million, or 11%;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Higher revenue in the aerospace defense market was principally driven by increased sales of our embedded computing equipment to various international customers while also supporting several domestic unmanned aerial vehicle programs;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Ground defense market revenue growth reflected higher sales of tactical battlefield communications equipment as well as increased support for U.S. ground vehicle modernization;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Higher revenue in the commercial aerospace market reflected increased sales of our flight data recorder technology to OEM customers; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted operating income was $68 million, up 15% from the prior year, while adjusted operating margin increased 110 basis points to 26.8%, reflecting favorable absorption on higher defense revenues and the benefits of our operational excellence initiatives.

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Curtiss-Wright Corporation, Page 5

 **Naval & Power**

---

| | | | |
|:---|:---|:---|:---|
| *(In millions)* | **Q2-2025** | **Q2-2024** | **Change** |
| ***Reported*** |  |  |  |
| Sales | $384 | $323 | 19% |
| Operating income | $60 | $46 | 31% |
| Operating margin | 15.7% | 14.3% | 140 bps |
| ***Adjusted*** <sup>(1)</sup> |  |  |  |
| Sales | $384 | $323 | 19% |
| Operating income | $64 | $47 | 36% |
| Operating margin | 16.5% | 14.4% | 210 bps |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup>*Note: Reconciliations of Reported to Adjusted operating results are available in the Appendix.* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Sales of $384 million, up $61 million, or 19%;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Revenue growth in the naval defense market was principally driven by our strong order book and the timing of revenues on the Columbia-class submarine program, in addition to increased revenues supporting next-generation submarine development and higher sales of aircraft handling systems equipment to international customers;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Higher power & process market revenues mainly reflected the contribution from our prior year acquisition to our commercial nuclear and process markets, as well as higher organic sales of commercial nuclear products supporting the maintenance of existing operating reactors and the development of next-generation advanced reactors; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Adjusted operating income was $64 million, up 36% from the prior year, while adjusted operating margin increased 210 basis points to 16.5%, due to favorable absorption on higher revenues and favorable mix of products, partially offset by higher investment in research and development.

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Curtiss-Wright Corporation, Page 6

**Free Cash Flow**

---

| | | | |
|:---|:---|:---|:---|
| *(In millions)* | **Q2-2025** | **Q2-2024** | **Change** |
| Net cash provided by operating activities | $137 | $111 | 23% |
| Capital expenditures | (19) | (11) | 75% |
| Free cash flow | $117 | $100 | 17% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Free cash flow of $117 million increased $17 million, as higher cash earnings and improved working capital were partially offset by higher capital investments in all three segments.

**New Orders and Backlog**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• New orders of $1.0 billion increased slightly compared with the prior year principally reflecting strong demand in our commercial nuclear and commercial aerospace end markets, mainly offset by the timing of orders in naval defense; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Backlog of $3.9 billion, up 12% from December 31, 2024, reflecting strong demand across the A&D and Commercial markets.

**Share Repurchase and Dividends**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• During the second quarter, the Company repurchased 59,501 shares of its common stock for approximately $21 million; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Company declared a quarterly dividend of $0.24 a share, representing a $0.03 or 14% increase from the previous quarter.

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Curtiss-Wright Corporation, Page 7

**<u>Full-Year 2025 Guidance</u>** 

The Company is updating its full-year 2025 Adjusted financial guidance<sup>(1)</sup> as follows:

---

| | | | |
|:---|:---|:---|:---|
| ($ in millions, except EPS) | **2025 Adjusted Non-GAAP Guidance (Prior)** | **2025 Adjusted Non-GAAP Guidance (Current)** | **Change vs 2024 Adjusted (Current)** |
| Total Sales | $3365 - $3415 | $3390 - $3435 | 9 - 10% |
| Operating Income | $614 - $632 | $626 - $642 | 15 - 18% |
| Operating Margin | 18.3% - 18.5% | 18.5% - 18.7% | 100 - 120 bps |
| Diluted EPS | $12.45 - $12.80 | $12.70 - $13.00 | 16 - 19% |
| Free Cash Flow<sup>(2)</sup> | $495 - $515 | $520 - $535 | 8 - 11% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(1)</sup>*Reconciliations of Reported to Adjusted 2024 operating results and 2025 financial guidance are available in the Appendix and exclude first-year purchase accounting costs associated with prior-year acquisitions and costs associated with the Company's 2024 Restructuring Program.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(2)</sup>*2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act."*

\*\*\*\*\*\*\*\*\*\*

A more detailed breakdown of the Company's 2025 financial guidance by segment and by market, as well as all reconciliations of Reported GAAP amounts to Adjusted non-GAAP amounts, can be found in the accompanying schedules. Historical financial results are available in the Investor Relations section of Curtiss-Wright's website.

**<u>Conference Call & Webcast Information</u>**

The Company will host a conference call to discuss its second quarter 2025 financial results and updates to 2025 guidance at 10:00 a.m. ET on Thursday, August 7, 2025. A live webcast of the call and the accompanying financial presentation, as well as a webcast replay of the call, will be made available on the internet by visiting the Investor Relations section of the Company's website at <u>www.curtisswright.com</u>.

(Tables to Follow)

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Curtiss-Wright Corporation, Page 8

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| | | | | |
|:---|:---|:---|:---|:---|
| **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** |
| **CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)** | **CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)** | **CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)** | **CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)** | **CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)** |
| ($'s in thousands, except per share data) | ($'s in thousands, except per share data) | ($'s in thousands, except per share data) | ($'s in thousands, except per share data) | ($'s in thousands, except per share data) |
|  | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
|  | **June 30,** | **June 30,** | **June 30,** | **June 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
| Product sales | $746679 | $661407 | $1425656 | $1257111 |
| Service sales | 129897 | 123384 | 256565 | 240847 |
| Total net sales | 876576 | 784791 | 1682221 | 1497958 |
| Cost of product sales | 479253 | 428926 | 921343 | 818403 |
| Cost of service sales | 71166 | 71764 | 142257 | 141699 |
| Total cost of sales | 550419 | 500690 | 1063600 | 960102 |
| &nbsp;&nbsp;&nbsp;Gross profit | 326157 | 284101 | 618621 | 537856 |
| Research and development expenses | 23308 | 22152 | 46327 | 45132 |
| Selling expenses | 41764 | 35126 | 81689 | 71891 |
| General and administrative expenses | 104071 | 95008 | 203100 | 189057 |
| Restructuring expenses | 707 | 2918 | 1993 | 2918 |
| Operating income | 156307 | 128897 | 285512 | 228858 |
| Interest expense | 10524 | 11216 | 20667 | 21786 |
| Other income, net | 10982 | 8560 | 17012 | 18168 |
| Earnings before income taxes | 156765 | 126241 | 281857 | 225240 |
| Provision for income taxes | (35704) | (26770) | (59459) | (49274) |
| Net earnings | $121061 | $99471 | $222398 | $175966 |
| &nbsp;&nbsp;&nbsp;Basic earnings per share | $3.21 | $2.60 | $5.90 | $4.60 |
| &nbsp;&nbsp;&nbsp;Diluted earnings per share | $3.19 | $2.58 | $5.87 | $4.58 |
| Dividends per share | $0.24 | $0.21 | $0.45 | $0.41 |
| Weighted-average shares outstanding: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Basic | 37692 | 38302 | 37682 | 38273 |
| &nbsp;&nbsp;&nbsp;Diluted | 37903 | 38501 | 37871 | 38460 |

---

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Curtiss-Wright Corporation, Page 9

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| | | |
|:---|:---|:---|
| **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** |
| **CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)** | **CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)** | **CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)** |
| ($'s in thousands, except par value) | ($'s in thousands, except par value) | ($'s in thousands, except par value) |
|  | **June 30,** | **December 31,** |
|  | **2025** | **2024** |
| **Assets** |  |  |
| &nbsp;&nbsp;&nbsp;Current assets: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $331664 | $385042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Receivables, net | 961601 | 835037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inventories, net | 610884 | 541442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other current assets | 95571 | 88073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current assets | 1999720 | 1849594 |
| &nbsp;&nbsp;&nbsp;Property, plant, and equipment, net | 359683 | 339118 |
| &nbsp;&nbsp;&nbsp;Goodwill | 1698642 | 1675718 |
| &nbsp;&nbsp;&nbsp;Other intangible assets, net | 569566 | 596831 |
| &nbsp;&nbsp;&nbsp;Operating lease right-of-use assets, net | 192317 | 169350 |
| &nbsp;&nbsp;&nbsp;Prepaid pension asset | 314921 | 299130 |
| &nbsp;&nbsp;&nbsp;Other assets | 59626 | 55963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | $**5194475** | $**4985704** |
| **Liabilities** |  |  |
| &nbsp;&nbsp;&nbsp;Current liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Current portion of long-term and short-term debt | $— | $90000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 261070 | 247185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses | 178780 | 219054 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deferred revenue | 500245 | 459421 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other current liabilities | 86431 | 80288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities | 1026526 | 1095948 |
| &nbsp;&nbsp;&nbsp;Long-term debt | 958381 | 958949 |
| &nbsp;&nbsp;&nbsp;Deferred tax liabilities, net | 144815 | 140659 |
| &nbsp;&nbsp;&nbsp;Accrued pension and other postretirement benefit costs | 69712 | 67413 |
| &nbsp;&nbsp;&nbsp;Long-term operating lease liability | 171019 | 148175 |
| &nbsp;&nbsp;&nbsp;Other liabilities | 112302 | 124761 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | $2482755 | $2535905 |
| **Stockholders' equity** |  |  |
| &nbsp;&nbsp;&nbsp;Common stock, $1 par value | $49187 | $49187 |
| &nbsp;&nbsp;&nbsp;Additional paid in capital | 149650 | 147940 |
| &nbsp;&nbsp;&nbsp;Retained earnings | 4066497 | 3861073 |
| &nbsp;&nbsp;&nbsp;Accumulated other comprehensive loss | (168117) | (243225) |
| &nbsp;&nbsp;&nbsp;Less: cost of treasury stock | (1385497) | (1365176) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | $2711720 | $2449799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total liabilities and stockholders' equity** | $**5194475** | $**4985704** |

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Curtiss-Wright Corporation, Page 10

**Use and Definitions of Non-GAAP Financial Information (Unaudited)**

The Corporation supplements its financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial information. Curtiss-Wright believes that these Adjusted (non-GAAP) measures provide investors with improved transparency in order to better measure Curtiss-Wright's ongoing operating and financial performance and better comparisons of our key financial metrics to our peers. These non-GAAP measures should not be considered in isolation or as a substitute for the related GAAP measures, and other companies may define such measures differently. Curtiss-Wright encourages investors to review its financial statements and publicly filed reports in their entirety and not to rely on any single financial measure. Reconciliations of "Reported" GAAP amounts to "Adjusted" non-GAAP amounts are furnished within this release.

The following definitions are provided:

<u>Adjusted Sales, Operating Income, Operating Margin, Net Earnings and Diluted EPS</u>

These Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Earnings and Diluted Earnings per Share under GAAP excluding: (i) the impact of first year purchase accounting costs associated with acquisitions, specifically one-time inventory step-up, backlog amortization, deferred revenue adjustments, transaction costs, and gains/losses on equity securities held for investment purposes; and (ii) costs associated with the Company's 2024 Restructuring Program, as applicable.

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Curtiss-Wright Corporation, Page 11

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** |
| **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** |
| ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |  |  |
|  | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2024** | **June 30, 2024** | **June 30, 2024** | **% Change** | **% Change** |
|  | **As Reported** | **Adjustments** | **Adjusted** | **As Reported** | **Adjustments** | **Adjusted** | **As Reported** | **Adjusted** |
| **<u>Sales:</u>** |  |  |  |  |  |  |  |  |
| Aerospace & Industrial | $239138 | $— | $239138 | $233232 | $— | $233232 | 3% | 3% |
| Defense Electronics | 253011 |  | 253011 | 228461 |  | 228461 | 11% | 11% |
| Naval & Power | 384427 |  | 384427 | 323098 |  | 323098 | 19% | 19% |
| **Total sales** | $**876576** | $**—** | $**876576** | $**784791** | $**—** | $**784791** | **12%** | **12%** |
| **<u>Operating income (expense):</u>** | **<u>Operating income (expense):</u>** |  |  |  |  |  |  |  |
| Aerospace & Industrial<sup>(2)</sup> | $39006 | $582 | $39588 | $35246 | $2619 | $37865 | 11% | 5% |
| Defense Electronics<sup>(2)</sup> | 67833 | 19 | 67852 | 58244 | 523 | 58767 | 16% | 15% |
| Naval & Power<sup>(1)(2)</sup> | 60416 | 3134 | 63550 | 46283 | 342 | 46625 | 31% | 36% |
| **Total segments** | $**167255** | $**3735** | $**170990** | $**139773** | $**3484** | $**143257** | **20%** | **19%** |
| Corporate and other<sup>(2)</sup> | (10948) |  | (10948) | (10876) | 964 | (9912) | (1)% | (10)% |
| **Total operating income** | $**156307** | $**3735** | $**160042** | $**128897** | $**4448** | $**133345** | **21%** | **20%** |
| **<u>Operating margins:</u>** | **As Reported** |  | **Adjusted** | **As Reported** |  | **Adjusted** | **As Reported** | **Adjusted** |
| Aerospace & Industrial | 16.3% |  | 16.6% | 15.1% |  | 16.2% | 120 bps | 40 bps |
| Defense Electronics | 26.8% |  | 26.8% | 25.5% |  | 25.7% | 130 bps | 110 bps |
| Naval & Power | 15.7% |  | 16.5% | 14.3% |  | 14.4% | 140 bps | 210 bps |
| **Total Curtiss-Wright** | **17.8%** |  | **18.3%** | **16.4%** |  | **17.0%** | **140 bps** | **130 bps** |
| Segment margins | 19.1% |  | 19.5% | 17.8% |  | 18.3% | 130 bps | 120 bps |
| <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods. | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods. | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods. | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods. | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods. | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods. | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods. | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods. | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods. |
| <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. |

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Curtiss-Wright Corporation, Page 12

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** |
| **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)** |
| ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) |
|  | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** |  |  |
|  | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2024** | **June 30, 2024** | **June 30, 2024** | **% Change** | **% Change** |
|  | **As Reported** | **Adjustments** | **Adjusted** | **As Reported** | **Adjustments** | **Adjusted** | **As Reported** | **Adjusted** |
| **<u>Sales:</u>** |  |  |  |  |  |  |  |  |
| Aerospace & Industrial | $466384 | $— | $466384 | $452557 | $— | $452557 | 3% | 3% |
| Defense Electronics | 498175 |  | 498175 | 440202 |  | 440202 | 13% | 13% |
| Naval & Power | 717662 |  | 717662 | 605199 |  | 605199 | 19% | 19% |
| **Total sales** | $**1682221** | $**—** | $**1682221** | $**1497958** | $**—** | $**1497958** | **12%** | **12%** |
| **<u>Operating income (expense):</u>** | **<u>Operating income (expense):</u>** |  |  |  |  |  |  |  |
| Aerospace & Industrial<sup>(2)</sup> | $68928 | $2346 | $71274 | $62712 | $2619 | $65331 | 10% | 9% |
| Defense Electronics<sup>(2)</sup> | 135282 | 19 | 135301 | 106325 | 523 | 106848 | 27% | 27% |
| Naval & Power <sup>(1)(2)</sup> | 102279 | 6202 | 108481 | 81474 | 342 | 81816 | 26% | 33% |
| **Total segments** | $**306489** | $**8567** | $**315056** | $**250511** | $**3484** | $**253995** | **22%** | **24%** |
| Corporate and other<sup>(2)</sup> | (20977) | (28) | (21005) | (21653) | 964 | (20689) | 3% | (2)% |
| **Total operating income** | $**285512** | $**8539** | $**294051** | $**228858** | $**4448** | $**233306** | **25%** | **26%** |
| **<u>Operating margins:</u>** | **As Reported** |  | **Adjusted** | **As Reported** |  | **Adjusted** | **As Reported** | **Adjusted** |
| Aerospace & Industrial | 14.8% |  | 15.3% | 13.9% |  | 14.4% | 90 bps | 90 bps |
| Defense Electronics | 27.2% |  | 27.2% | 24.2% |  | 24.3% | 300 bps | 290 bps |
| Naval & Power | 14.3% |  | 15.1% | 13.5% |  | 13.5% | 80 bps | 160 bps |
| **Total Curtiss-Wright** | **17.0%** |  | **17.5%** | **15.3%** |  | **15.6%** | **170 bps** | **190 bps** |
| Segment margins | 18.2% |  | 18.7% | 16.7% |  | 17.0% | 150 bps | 170 bps |
| <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods.  | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods.  | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods.  | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods.  | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods.  | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods.  | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods.  | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods.  | <sup>(1)</sup> Excludes first year purchase accounting adjustments in both the current and prior year periods.  |
| <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. | <sup>(2)</sup> Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. |

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Curtiss-Wright Corporation, Page 13

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** |
| **RECONCILIATION OF AS REPORTED SALES TO ADJUSTED SALES BY END MARKET (UNAUDITED)** | **RECONCILIATION OF AS REPORTED SALES TO ADJUSTED SALES BY END MARKET (UNAUDITED)** | **RECONCILIATION OF AS REPORTED SALES TO ADJUSTED SALES BY END MARKET (UNAUDITED)** | **RECONCILIATION OF AS REPORTED SALES TO ADJUSTED SALES BY END MARKET (UNAUDITED)** | **RECONCILIATION OF AS REPORTED SALES TO ADJUSTED SALES BY END MARKET (UNAUDITED)** | **RECONCILIATION OF AS REPORTED SALES TO ADJUSTED SALES BY END MARKET (UNAUDITED)** | **RECONCILIATION OF AS REPORTED SALES TO ADJUSTED SALES BY END MARKET (UNAUDITED)** | **RECONCILIATION OF AS REPORTED SALES TO ADJUSTED SALES BY END MARKET (UNAUDITED)** |
| ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) |
|  | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |  |
|  | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2024** | **June 30, 2024** | **June 30, 2024** | **% Change** |
|  | **As Reported** | **Adjustments** | **Adjusted Sales** | **As Reported** | **Adjustments** | **Adjusted Sales** | **Change in Adjusted Sales** |
| **Aerospace & Defense markets:** |  |  |  |  |  |  |  |
| Aerospace Defense | $167587 | $— | $167587 | $154104 | $— | $154104 | 9% |
| Ground Defense | 97542 |  | 97542 | 84939 |  | 84939 | 15% |
| Naval Defense | 240086 |  | 240086 | 209847 |  | 209847 | 14% |
| Commercial Aerospace | 103318 |  | 103318 | 93316 |  | 93316 | 11% |
| **Total Aerospace & Defense** | $**608533** | $**—** | $**608533** | $**542206** | $**—** | $**542206** | **12%** |
| **Commercial markets:** |  |  |  |  |  |  |  |
| Power & Process | $163473 | $— | $163473 | $138601 | $— | $138601 | 18% |
| General Industrial | 104570 |  | 104570 | 103984 |  | 103984 | 1% |
| **Total Commercial** | $**268043** | $**—** | $**268043** | $**242585** | $**—** | $**242585** | **10%** |
| **Total Curtiss-Wright** | $**876576** | $**—** | $**876576** | $**784791** | $**—** | $**784791** | **12%** |
|  | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** |  |
|  | **June 30, 2025** | **June 30, 2025** | **June 30, 2025** | **June 30, 2024** | **June 30, 2024** | **June 30, 2024** | **% Change** |
|  | **As Reported** | **Adjustments** | **Adjusted Sales** | **As Reported** | **Adjustments** | **Adjusted Sales** | **Change in Adjusted Sales** |
| **Aerospace & Defense markets:** |  |  |  |  |  |  |  |
| Aerospace Defense | $319309 | $— | $319309 | $286178 | $— | $286178 | 12% |
| Ground Defense  | 194779 |  | 194779 | 175700 |  | 175700 | 11% |
| Naval Defense | 461172 |  | 461172 | 387494 |  | 387494 | 19% |
| Commercial Aerospace | 196195 |  | 196195 | 183091 |  | 183091 | 7% |
| **Total Aerospace & Defense** | $**1171455** | $**—** | $**1171455** | $**1032463** | $**—** | $**1032463** | **13%** |
| **Commercial markets:** |  |  |  |  |  |  |  |
| Power & Process | $306407 | $— | $306407 | $262639 | $— | $262639 | 17% |
| General Industrial | 204359 |  | 204359 | 202856 |  | 202856 | 1% |
| **Total Commercial** | $**510766** | $**—** | $**510766** | $**465495** | $**—** | $**465495** | **10%** |
| **Total Curtiss-Wright** | $**1682221** | $**—** | $**1682221** | $**1497958** | $**—** | $**1497958** | **12%** |

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Curtiss-Wright Corporation, Page 14

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| | | | | |
|:---|:---|:---|:---|:---|
| **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** |
| **RECONCILIATION OF AS REPORTED TO ADJUSTED DILUTED EARNINGS PER SHARE (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED DILUTED EARNINGS PER SHARE (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED DILUTED EARNINGS PER SHARE (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED DILUTED EARNINGS PER SHARE (UNAUDITED)** | **RECONCILIATION OF AS REPORTED TO ADJUSTED DILUTED EARNINGS PER SHARE (UNAUDITED)** |
| | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
| | **June 30,** | **June 30,** | **June 30,** | **June 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
| **Diluted earnings per share - As Reported** | $**3.19** | $**2.58** | $**5.87** | $**4.58** |
| &nbsp;&nbsp;First year purchase accounting adjustments | 0.02 |  | 0.13 |  |
| &nbsp;&nbsp;&nbsp;Restructuring costs | 0.02 | 0.09 | 0.05 | 0.09 |
| **Diluted earnings per share - Adjusted** <sup>(1)</sup> | $**3.23** | $**2.67** | $**6.05** | $**4.67** |
| <sup>(1)</sup> All adjustments are presented net of income taxes. | <sup>(1)</sup> All adjustments are presented net of income taxes. | <sup>(1)</sup> All adjustments are presented net of income taxes. |  |  |

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Curtiss-Wright Corporation, Page 15

<u>Organic Sales and Organic Operating Income</u>

The Corporation discloses organic sales and organic operating income because the Corporation believes it provides investors with insight as to the Company's ongoing business performance. Organic sales and organic operating income are defined as sales and operating income, excluding contributions from acquisitions and results of operations from divested businesses or product lines during the last twelve months, costs associated with the Company's 2024 Restructuring Program, and foreign currency fluctuations.

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
| | **June 30,** | **June 30,** | **June 30,** | **June 30,** | **June 30,** | **June 30,** | **June 30,** | **June 30,** |
| | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** |
| | **Aerospace & Industrial** | **Aerospace & Industrial** | **Defense Electronics** | **Defense Electronics** | **Naval & Power** | **Naval & Power** | **Total Curtiss-Wright** | **Total Curtiss-Wright** |
| | Sales | Operating income | Sales | Operating income | Sales | Operating income | Sales | Operating income |
| As Reported | 3% | 11% | 11% | 16% | 19% | 31% | 12% | 21% |
| Less: Acquisitions | 0% | 0% | 0% | 0% | (7%) | (1%) | (3%) | 0% |
| Restructuring | 0% | (6%) | 0% | 0% | 0% | 0% | 0% | (3%) |
| Foreign Currency | (1%) | (4%) | (1%) | (1%) | 0% | (1%) | 0% | (1%) |
| Organic | 2% | 1% | 10% | 15% | 12% | 29% | 9% | 17% |
|  | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** | **Six Months Ended** |
|  | **June 30,** | **June 30,** | **June 30,** | **June 30,** | **June 30,** | **June 30,** | **June 30,** | **June 30,** |
|  | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** | **2025 vs. 2024** |
|  | **Aerospace & Industrial** | **Aerospace & Industrial** | **Defense Electronics** | **Defense Electronics** | **Naval & Power** | **Naval & Power** | **Total Curtiss-Wright** | **Total Curtiss-Wright** |
|  | Sales | Operating income | Sales | Operating income | Sales | Operating income | Sales | Operating income |
| As Reported | 3% | 10% | 13% | 27% | 19% | 26% | 12% | 25% |
| Less: Acquisitions | 0% | 0% | 0% | 0% | (7%) | 3% | (2%) | 1% |
| Restructuring | 0% | (1%) | 0% | 0% | 0% | 0% | 0% | (1%) |
| Foreign Currency | 0% | (5%) | 0% | (2%) | 0% | (2%) | 0% | (2%) |
| Organic | 3% | 4% | 13% | 25% | 12% | 27% | 10% | 23% |

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Curtiss-Wright Corporation, Page 16

<u>Free Cash Flow and Free Cash Flow Conversion</u>

The Corporation discloses free cash flow because it measures cash flow available for investing and financing activities. Free cash flow represents cash available to repay outstanding debt, invest in the business, acquire businesses, return capital to shareholders and make other strategic investments. Free cash flow is defined as net cash provided by operating activities less capital expenditures. The Corporation discloses free cash flow conversion because it measures the proportion of net earnings converted into free cash flow and is defined as free cash flow divided by adjusted net earnings.

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| | | | | |
|:---|:---|:---|:---|:---|
| **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** | **CURTISS-WRIGHT CORPORATION and SUBSIDIARIES** |
| **NON-GAAP FINANCIAL DATA (UNAUDITED)** | **NON-GAAP FINANCIAL DATA (UNAUDITED)** | **NON-GAAP FINANCIAL DATA (UNAUDITED)** | **NON-GAAP FINANCIAL DATA (UNAUDITED)** | **NON-GAAP FINANCIAL DATA (UNAUDITED)** |
| ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) | ($'s in thousands) |
|  | **Three Months Ended** | **Three Months Ended** | **Six Months Ended** | **Six Months Ended** |
|  | **June 30,** | **June 30,** | **June 30,** | **June 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
| Net cash provided by operating activities | $136585 | $111335 | $97820 | $65702 |
| Capital expenditures | (19381) | (11064) | (35154) | (23119) |
| Free cash flow | $117204 | $100271 | $62666 | $42583 |
| Free cash flow conversion | 96% | 97% | 27% | 24% |

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Curtiss-Wright Corporation, Page 17

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** |
| **2025 Guidance** | **2025 Guidance** | **2025 Guidance** | **2025 Guidance** | **2025 Guidance** | **2025 Guidance** | **2025 Guidance** | **2025 Guidance** | **2025 Guidance** | **2025 Guidance** |
| **As of August 6, 2025** | **As of August 6, 2025** | **As of August 6, 2025** | **As of August 6, 2025** | **As of August 6, 2025** | **As of August 6, 2025** | **As of August 6, 2025** | **As of August 6, 2025** | **As of August 6, 2025** | **As of August 6, 2025** |
| ($'s in millions, except per share data) | ($'s in millions, except per share data) | ($'s in millions, except per share data) | ($'s in millions, except per share data) | ($'s in millions, except per share data) | ($'s in millions, except per share data) | ($'s in millions, except per share data) | ($'s in millions, except per share data) | ($'s in millions, except per share data) | ($'s in millions, except per share data) |
|  | **2024<br>Reported<br> (GAAP)** | **2024**<br>**Adjustments** <br>**(Non-GAAP)**<sup>(1)</sup> | **2024** <br>**Adjusted**<br>**(Non-GAAP)**<sup>(1)</sup> | **2025 <br>Reported Guidance <br>(GAAP)** | **2025 <br>Reported Guidance <br>(GAAP)** | **2025**<br> **Adjustments** <br>**(Non-GAAP)**<sup>(2)</sup> | **2025** <br>**Adjusted Guidance**<br>**(Non-GAAP)**<sup>(2)</sup> | **2025** <br>**Adjusted Guidance**<br>**(Non-GAAP)**<sup>(2)</sup> | **2025** <br>**Adjusted Guidance**<br>**(Non-GAAP)**<sup>(2)</sup> |
|  |  |  |  | **Low** | **High** |  | **Low** | **High** | **2025 Chg <br>vs 2024<br>Adjusted** |
| **Sales:** |  |  |  |  |  |  |  |  |  |
| Aerospace & Industrial | $932 | $— | $932 | $965 | $980 | $— | $965 | $980 | 4 - 5% |
| Defense Electronics | 911 |  | 911 | 995 | 1010 |  | 995 | 1010 | 9 - 11% |
| Naval & Power | 1278 |  | 1278 | 1430 | 1445 |  | 1430 | 1445 | 12 - 13% |
| **Total sales** | $**3121** | $**—** | $**3121** | $**3390** | $**3435** | $**—** | $**3390** | $**3435** | **9 - 10%** |
| **Operating income:** |  |  |  |  |  |  |  |  |  |
| Aerospace & Industrial | $148 | $10 | $158 | $164 | $170 | $3 | $167 | $173 | 6 - 9% |
| Defense Electronics | 225 | 2 | 227 | 267 | 273 |  | 267 | 273 | 18 - 20% |
| Naval & Power | 200 | 2 | 202 | 220 | 226 | 12 | 232 | 238 | 15 - 18% |
| **Total segments** | $**572** | $**15** | $**587** | $**651** | $**669** | $**15** | $**666** | $**684** |  |
| Corporate and other | (44) | 3 | (41) | (40) | (42) |  | (40) | (42) |  |
| **Total operating income** | $**529** | $**17** | $**546** | $**611** | $**627** | $**15** | $**626** | $**642** | **15 - 18%** |
| Interest expense | $(45) | $— | $(45) | $(42) | $(43) | $— | $(42) | $(43) |  |
| Other income, net | 38 |  | 38 | 33 | 34 |  | 33 | 34 |  |
| **Earnings before income taxes** | $**522** | $**17** | $**539** | $**602** | $**618** | $**15** | $**618** | $**632** |  |
| Provision for income taxes | (117) | (4) | (121) | (133) | (136) | (3) | (136) | (139) |  |
| **Net earnings** | $**405** | $**13** | $**418** | $**469** | $**482** | $**12** | $**482** | $**493** |  |
| **Diluted earnings per share** | $**10.55** | $**0.35** | $**10.90** | $**12.40** | $**12.70** | $**0.30** | $**12.70** | $**13.00** | **16 - 19%** |
| Diluted shares outstanding | 38.4 |  | 38.4 | 37.9 | 37.9 |  | 37.9 | 37.9 |  |
| Effective tax rate | 22.4% |  | 22.4% | 22.0% | 22.0% |  | 22.0% | 22.0% |  |
| **Operating margins:** |  |  |  |  |  |  |  |  |  |
| Aerospace & Industrial | 15.9% |  | 17.0% | 17.0% | 17.3% |  | 17.3% | 17.6% | 30 - 60 bps |
| Defense Electronics | 24.7% |  | 24.9% | 26.8% | 27.0% |  | 26.8% | 27.0% | 190 - 210 bps |
| Naval & Power | 15.6% |  | 15.8% | 15.4% | 15.6% |  | 16.3% | 16.5% | 50 - 70 bps |
| **Total operating margin** | **16.9%** |  | **17.5%** | **18.0%** | **18.3%** |  | **18.5%** | **18.7%** | **100 - 120 bps** |
| **Free cash flow**<sup>(3)</sup> | $**483** | $**—** | $**483** | $**520** | $**535** | $**—** | $**520** | $**535** | **8 - 11%** |
| Notes: Amounts may not add due to rounding. | Notes: Amounts may not add due to rounding. | Notes: Amounts may not add due to rounding. | Notes: Amounts may not add due to rounding. | Notes: Amounts may not add due to rounding. | Notes: Amounts may not add due to rounding. | Notes: Amounts may not add due to rounding. | Notes: Amounts may not add due to rounding. | Notes: Amounts may not add due to rounding. | Notes: Amounts may not add due to rounding. |
| <sup>(1)</sup> 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(1)</sup> 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(1)</sup> 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(1)</sup> 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(1)</sup> 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(1)</sup> 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(1)</sup> 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(1)</sup> 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(1)</sup> 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(1)</sup> 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. |
| <sup>(2)</sup> 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(2)</sup> 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(2)</sup> 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(2)</sup> 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(2)</sup> 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(2)</sup> 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(2)</sup> 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(2)</sup> 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(2)</sup> 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. | <sup>(2)</sup> 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. |
| <sup>(3)</sup> Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." | <sup>(3)</sup> Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." | <sup>(3)</sup> Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." | <sup>(3)</sup> Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." | <sup>(3)</sup> Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." | <sup>(3)</sup> Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." | <sup>(3)</sup> Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." | <sup>(3)</sup> Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." | <sup>(3)</sup> Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." | <sup>(3)</sup> Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." |

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Curtiss-Wright Corporation, Page 18

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| | | | |
|:---|:---|:---|:---|
| **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** | **CURTISS-WRIGHT CORPORATION** |
| **2025 Sales Growth Guidance by End Market** | **2025 Sales Growth Guidance by End Market** | **2025 Sales Growth Guidance by End Market** | **2025 Sales Growth Guidance by End Market** |
| **As of August 6, 2025** | **As of August 6, 2025** | **As of August 6, 2025** | **As of August 6, 2025** |
| | **2025 % Change vs. 2024 Adjusted** | **2025 % Change vs. 2024 Adjusted** | |
| | **Prior** | **Current** | **% Total Sales** |
| **<u>Aerospace & Defense Markets</u>** | | | |
| &nbsp;&nbsp;Aerospace Defense | 6 - 8% | 7 - 9% | 19% |
| &nbsp;&nbsp;Ground Defense | 6 - 8% | 6 - 8% | 11% |
| &nbsp;&nbsp;Naval Defense | 5 - 7% | 7 - 9% | 26% |
| &nbsp;&nbsp;Commercial Aerospace | 13 - 15% | 13 - 15% | 13% |
| **Total Aerospace & Defense** | **7 - 9%** | **8 - 10%** | **69%** |
| **<u>Commercial Markets</u>** |  |  |  |
| &nbsp;&nbsp;Power & Process | 16- 18% | 16- 18% | 19% |
| &nbsp;&nbsp;General Industrial | Flat | Flat | 12% |
| **Total Commercial** | **9 - 11%** | **9 - 11%** | **31%** |
| **Total Curtiss-Wright Sales** | **8 - 9%** | **9 - 10%** | **100%** |
| Note: Sales percentages may not add due to rounding. | Note: Sales percentages may not add due to rounding. |  |  |

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Curtiss-Wright Corporation, Page 19

**About Curtiss-Wright Corporation**

Curtiss-Wright Corporation (NYSE:CW) 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 Nuclear Power, Process and Industrial markets. We leverage a workforce of approximately 9,000 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. For more information, visit <u>www.curtisswright.com</u>.

###

*Certain statements made in this press release, including statements about future revenue, financial performance guidance, quarterly and annual revenue, net income, operating income growth, future business opportunities, cost saving initiatives, the successful integration of the Company's acquisitions, and future cash flow from operations, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this press release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments, and uncertainties. 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; geopolitical risks; evolving impacts from tariffs between the U.S. and other countries (including implementation of new tariffs and retaliatory measures); changes in the competitive marketplace and/or customer requirements; a change in government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, electronics, marine, and industrial companies. Such factors are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and subsequent reports filed with the Securities and Exchange Commission.*

*This press release and additional information are available at <u>www.curtisswright.com</u>.*

**Contact:&nbsp;&nbsp;&nbsp;&nbsp;**Jim Ryan&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(704) 869-4621&nbsp;&nbsp;&nbsp;&nbsp;

**Jim.Ryan@curtisswright.com**

## Exhibit 99.2

![](ex992_cwxq225001.jpg)

Investor Day 2024 Q2 2025 EARNINGS CONFERENCE CALL August 7, 2025 Conference Call Dial-in numbers: (800) 343-5172 (domestic) (203) 518-9856 (international) Conference code: CWQ225 1

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![](ex992_cwxq225002.jpg)

Q2 2025 Earnings Presentation SAFE HARBOR STATEMENT Please note that the information provided in this presentation is accurate as of the date of the original presentation. The presentation will remain posted on this website from one to twelve months following the initial presentation, but content will not be updated to reflect new information that may become available after the original presentation posting. The presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended ("Exchange Act"), and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements only speak as of the date of this report and Curtiss-Wright Corporation assumes no obligation to update the information included in this report. 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; geopolitical risks; evolving impacts from tariffs between the U.S. and other countries (including implementation of new tariffs and retaliatory measures); changes in the competitive marketplace and/or customer requirements; a change in government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, electronics, marine, and industrial companies. This presentation also includes certain non-GAAP financial measures with reconciliations to GAAP financial measures being made available in the earnings release and this presentation that are posted to our website and furnished with the SEC. We undertake no duty to update this information. More information about potential factors that could affect our business and financial results is included in our filings with the Securities and Exchange Commission, including our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, including, among other sections, under the captions, "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," which is on file with the SEC and available at the SEC's website at www.sec.gov. 2

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![](ex992_cwxq225003.jpg)

Q2 2025 Earnings Presentation ▪ Sales of $877M, up 12% overall (9% organic) – 12% growth in A&D markets and 10% growth in Commercial markets ▪ Operating Income of $160M, up 20%; 130 bps in YOY margin expansion to 18.3% – Strong operational performance in Defense Electronics and Naval & Power ▪ Diluted EPS of $3.23, up 21% ▪ Free Cash Flow of $117M up 17%; Stronger than expected H1 performance ▪ New Orders of $1B; >1.1x Book-to-Bill; Backlog up 12% YTD ▪ May 2025: Increased share repurchase authorization to $534M (up $400M) and raised quarterly dividend by 14% STRONG SECOND QUARTER EXECUTION DRIVES IMPROVED FULL-YEAR 2025 OUTLOOK ▪ Total Sales growth increased to 9% - 10% on strengthening A&D market growth ▪ Targeting Operating Income growth of 15% - 18%; Operating Margin 18.5% - 18.7%, up 100 - 120 bps YOY – Growth in majority of our end markets and benefits of ongoing operational and commercial excellence initiatives ▪ On track to deliver high-teens EPS growth (up 16% - 19%) and strong FCF generation (~108% conversion) 3 Second Quarter 2025 Highlights Note: Second quarter 2025 results and Full-year 2025 guidance, and comparisons to 2024, presented on an Adjusted (Non-GAAP) basis, unless noted Full-Year 2025 Guidance Raised

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![](ex992_cwxq225004.jpg)

Q2 2025 Earnings Presentation SECOND QUARTER 2025 FINANCIAL REVIEW ($ in millions) Q2'25 Adjusted Q2'24 Adjusted Change Key Drivers Aerospace & Industrial $239 $233 3% ▪ Strong demand driving higher OEM sales growth in Commercial Aerospace (sensors and surface treatment services) ▪ Higher YOY sales in Aerospace and Ground defense markets (actuation equipment) ▪ Flat General Industrial sales Defense Electronics $253 $228 11% ▪ Strong growth in Aerospace Defense (embedded computing) and Ground Defense (tactical communications equipment) supporting various domestic and international programs Naval & Power $384 $323 19% ▪ Higher Naval Defense revenues driven by strength of order book and timing of submarine revenues ▪ Power & Process driven by solid organic growth in Commercial Nuclear (Aftermarket and SMRs) plus contribution from Ultra Energy acquisition Total Sales $877 $785 12% Strong growth in A&D and Commercial Nuclear markets Aerospace & Industrial Margin $40 16.6% $38 16.2% 5% 40 bps ▪ Favorable absorption on higher sales growth and benefit of restructuring initiatives; Favorable FX Defense Electronics Margin $68 26.8% $59 25.7% 15% 110 bps ▪ Favorable absorption on strong growth in A&D revenues ▪ Benefit of operational excellence and restructuring initiatives Naval & Power Margin $64 16.5% $47 14.4% 36% 210 bps ▪ Favorable absorption on higher revenues and favorable mix ▪ Solid contribution from Ultra Energy acquisition ▪ Partially offset by higher investment in R&D Corporate and Other ($11) ($10) (10)% ▪ Higher 401K expenses Total Op. Income CW Margin $160 18.3% $133 17.0% 20% 130 bps Significant operating margin expansion with growth in all segments 4Notes: Amounts may not add due to rounding.

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![](ex992_cwxq225005.jpg)

Q2 2025 Earnings Presentation 2025 END MARKET SALES GROWTH GUIDANCE (As of August 6, 2025) ($ in Millions) 2025E Growth vs 2024 (Prior) 2025E Growth vs 2024 (Current) 2025E % Sales Key Drivers Aerospace Defense 6 - 8% 7 - 9% 19% ▪ Strong defense electronics growth on various C5/ISR programs (U.S. DoD and dFMS) ▪ Higher sales of arresting systems equipment Ground Defense 6 - 8% 6 - 8% 11% ▪ Higher sales of tactical communications equipment ▪ Solid growth on ground-based missile defense systems Naval Defense 5 - 7% 7 - 9% 26% ▪ Strong H1 growth on submarines; Increased naval aftermarket and dFMS revenue ▪ Defense electronics growth on domestic & international programs Commercial Aerospace 13 - 15% 13 - 15% 13% ▪ Higher OEM growth driven by ramp-up in production (narrowbody and widebody) ▪ Defense electronics growth tied to avionics and retrofitting flight data recorders Total Aerospace & Defense 7 - 9% 8 - 10% 69% Strong growth in A&D markets driven by U.S. and International demand Power & Process 16 - 18% 16 - 18% 19% ▪ HSD organic growth in Commercial Nuclear driven by strong U.S. aftermarket demand and SMRs ▪ LSD+ organic growth in Process (Higher subsea pump development revenues) ▪ Contribution from Ultra Energy acquisition General Industrial Flat Flat 12% ▪ Modest growth in industrial automation and surface treatment services, offset by industrial vehicles Total Commercial 9 - 11% 9 - 11% 31% Commercial Nuclear driving strong growth in Power & Process markets Total Curtiss-Wright 8 - 9% 9 - 10% 100% Delivering MSD+ organic growth 5 Notes: Amounts may not add due to rounding; FY2025 guidance includes the potential direct impacts from tariffs on our operations as well as mitigating actions. dFMS = direct Foreign Military Sales Updated (in blue)

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![](ex992_cwxq225006.jpg)

Q2 2025 Earnings Presentation ($ in millions) 2025E (Prior) 2025E (Current) Change vs 2024 Adjusted Key Drivers Aerospace & Industrial $960 - $975 $965 - $980 4 - 5% ▪ Strong growth in Commercial Aerospace and higher EM actuation sales in Defense markets ▪ Flat General Industrial sales (higher automation and services offset by industrial vehicles) Defense Electronics $995 - $1,010 $995 - $1,010 9 - 11% ▪ Defense market growth (U.S. DoD and dFMS) driven by increased embedded computing and tactical communications revenues ▪ Commercial Aerospace growth reflects increased sales of avionics and flight data recorders Naval & Power $1,410 - $1,430 $1,430 - $1,445 12 - 13% ▪ Mid-teens growth in Power & Process; HSD organic growth in Commercial Nuclear, solid growth in Process and Ultra Energy acquisition ▪ Strong Naval Defense growth; Higher dFMS (aircraft handling & arresting systems) Total Sales $3,365 - $3,415 $3,390 - $3,435 9 - 10% Benefiting from strong order book and backlog Aerospace & Industrial Margin $163 - $172 17.0% - 17.6% $167 - $173 17.3% - 17.6% 6 - 9% 30 - 60 bps ▪ Favorable absorption on strong growth in A&D revenues; Lesser FY impact from tariffs (mainly China) ▪ Solid contribution from restructuring savings; Ongoing pricing and operational excellence initiatives Defense Electronics Margin $261 - $267 26.3% - 26.5% $267 - $273 26.8% - 27.0% 18 - 20% 190 - 210 bps ▪ Favorable absorption on strong growth in revenues ▪ Benefit of operational and commercial excellence, and restructuring savings ▪ Profitability partially offset by higher investments in R&D Naval & Power Margin $229 - $236 16.3% - 16.5% $232 - $238 16.3% - 16.5% 15 - 18% 50 - 70 bps ▪ Favorable absorption on higher A&D and Power & Process revenues; PY naval contract adjustment ▪ Profitability partially offset by first-year acquisition dilution and investment in development programs ▪ Partially mitigating tariff exposure (mainly China) through pricing and operational excellence Corporate and Other ($40) - ($42) ($40) - ($42) (3) - 3% Total Op. Income CW Margin $614 - $632 18.3% - 18.5% $626 - $642 18.5% - 18.7% 15 - 18% 100 - 120 bps Operational and commercial excellence contributing to accelerated operating margin expansion 2025 FINANCIAL GUIDANCE (As of August 6, 2025) 6 Updated (in blue) Notes: Amounts may not add due to rounding; FY2025 guidance includes the potential direct impacts from tariffs on our operations as well as mitigating actions. dFMS = direct Foreign Military Sales

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Q2 2025 Earnings Presentation 2025 FINANCIAL GUIDANCE (As of August 6, 2025) ($ in millions, except EPS) 2025E (Prior) 2025E (Current) Change vs 2024 Adjusted Key Drivers Total Sales $3,365 - $3,415 $3,390 - $3,435 9 - 10% Strategically focused on delivering profitable growth Total Operating Income $614 - $632 $626 - $642 15 - 18% Other Income $33 - $34 $33 - $34 ▪ Lower YOY interest income offset by higher pension income Interest Expense ($42) - ($43) ($42) - ($43) ▪ Reduced YOY expense driven by Feb'25 repayment of $90M 3.85% Sr. Notes Diluted EPS $12.45 - $12.80 $12.70 - $13.00 16 - 19% High-teens EPS growth well in excess of 2024 Investor Day targets Diluted Shares Outstanding ~37.9 ~37.9 ▪ Benefit of $250M in total repurchases in 2024 ▪ Min. $60M share repurchase in 2025, plus opportunistic purchases early in Q2 Free Cash Flow $495 - $515 $520 - $535 8 - 11% Continued strong Free Cash Flow generation, incl. higher growth CapEx; Benefit from recent changes in U.S. tax legislation (+$15M FCF) FCF Conversion >105% ~108% ▪ Continued solid FCF conversion in-line with Investor Day target Capital Expenditures $75 - $85 $75 - $85 ▪ Exceeding ~2% of Sales (LT target) to fuel growth investments in 2025 Depreciation & Amortization $115 - $120 $115 - $120 ▪ Primarily acquisition impact, excludes first year intangible amortization 7 Updated (in blue) Note: FY2025 guidance includes the potential direct impacts from tariffs on our operations as well as mitigating actions.

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Q2 2025 Earnings Presentation GLOBAL DEFENSE AND COMMERCIAL NUCLEAR PURSUITS FUELING NEAR- AND LONG-TERM GROWTH OPPORTUNITIES FOR CURTISS-WRIGHT ▪ Well positioned to benefit from growing, high priority spending areas within U.S. Defense Budget – Shipbuilding, Golden Dome, Aircraft Modernization, Next-gen air superiority – Trusted and proven provider of Modular Open Systems Approach (MOSA) strategy supporting current and next-gen platforms – Consistent investment in R&D provides strong backbone for success – Supporting total lifecycle management, retrofits and upgrades ▪ Accelerated NATO and allied funding – dFMS sales remain a significant growth driver – Expected ramp in NATO spending (from ~2% to 5% of GDP spent on defense) ▪ Commercial technology adoption – Integrating cutting-edge AI technology into rugged, deployable systems; Aligned to bring commercial innovation to the tactical edge – Access to high-tech commercial investment and innovation that can be tailored specifically for defense ▪ Strong global support for energy independence and decarbonization – COP28 commitments to tripling global nuclear energy capacity by 2050 – U.S. Administration to accelerate deployment of advanced reactor technologies as a matter of national security – Extensive and long-standing industry presence helping to sustain commercial nuclear lifecycle from new build to aftermarket ▪ Long-term opportunity to support Westinghouse AP1000 reactor – Large scale reactors continue to play critical role in meeting energy demand – $1.5B+ opportunity in Europe; anticipate order for Poland in 2026 – U.S. Administration declaring 10 new large reactors under construction in U.S. by 2030 (creates $1B+ incremental opportunity for CW) ▪ Growth of SMRs transformational to nuclear industry – Advancements in technology and growth in data centers driving significant interest in SMRs – CW's expanding content ranges from $20M to $120M+ across major developers – Signed strategic partnership with Rolls-Royce SMR Global Resurgence in Demand for Commercial NuclearPoised for Growth in Global Defense 8Note: dFMS = direct Foreign Military Sales

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Q2 2025 Earnings Presentation BUILDING STRONG MOMENTUM AS WE DELIVER ON OUR PIVOT TO GROWTH STRATEGY ▪ Consistent execution provides confidence to increase FY2025 outlook – Sales growth of 9% - 10%, driven by increases in majority of end markets – Leveraging strong and growing backlog to further compound value creation – Accelerating pace of operating margin expansion to 18.5% - 18.7% (Driving more than 900 bps improvement since 2013) – Planned restructuring actions yielding $12M in annualized savings in 2025 ▪ Maintaining strong progress to achieve 3-year financial targets ▪ Efficient balance sheet and record FCF generation enables disciplined capital allocation strategy – Maintain significant financial flexibility for acquisitions and continued share repurchase – Generating strong returns on our investments; Expanded ROIC1 by 400+ bps since 2020, expect another 100+ bps in 2025 ▪ Commercial Nuclear upside optionality, on top of a strong core 9 Compounding Earnings at a Mid-Teens Pace; Delivering Consistent FCF Conversion >105% 1 Return on invested capital is equal to net operating profit after-tax over two-year average net debt plus equity, shown on a Reported basis

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Investor Day 2024 APPENDIX 10

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Q2 2025 Earnings Presentation NON-GAAP FINANCIAL INFORMATION The Corporation supplements its financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial information. Curtiss-Wright believes that these Adjusted (non-GAAP) measures provide investors with improved transparency in order to better measure Curtiss-Wright's ongoing operating and financial performance and better comparisons of our key financial metrics to our peers. These non-GAAP measures should not be considered in isolation or as a substitute for the related GAAP measures, and other companies may define such measures differently. Curtiss-Wright encourages investors to review its financial statements and publicly filed reports in their entirety and not to rely on any single financial measure. Reconciliations of "Reported" GAAP amounts to "Adjusted" non-GAAP amounts are furnished within the Company's earnings press release. The following definitions are provided: Adjusted Operating Income, Operating Margin, Net Earnings and Diluted Earnings per Share (EPS) These Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Earnings and Diluted Earnings per Share under GAAP excluding: (i) the impact of first year purchase accounting costs associated with acquisitions, specifically one-time inventory step-up, backlog amortization, deferred revenue adjustments, transaction costs, and gains/losses on equity securities held for investment purposes; and (ii) costs associated with the Company's 2024 Restructuring Program, as applicable. Organic Sales and Organic Operating Income The Corporation discloses organic sales and organic operating income because the Corporation believes it provides investors with insight as to the Company's ongoing business performance. Organic sales and organic operating income are defined as sales and operating income, excluding contributions from acquisitions and results of operations from divested businesses or product lines during the last twelve months, costs associated with the Company's 2024 Restructuring Program, and foreign currency fluctuations. Free Cash Flow (FCF) and Free Cash Flow Conversion The Corporation discloses free cash flow because it measures cash flow available for investing and financing activities. Free cash flow represents cash available to repay outstanding debt, invest in the business, acquire businesses, return capital to shareholders and make other strategic investments. Free cash flow is defined as net cash provided by operating activities less capital expenditures. The Corporation discloses free cash flow conversion because it measures the proportion of net earnings converted into free cash flow and is defined as free cash flow divided by adjusted net earnings. 11

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Q2 2025 Earnings Presentation SECOND QUARTER 2025: END MARKET SALES GROWTH ($ in millions) Q2'25 Q2'24 Change Key Drivers Aerospace Defense $168 $154 9% ▪ Higher sales of embedded computing equipment supporting various domestic and international programs Ground Defense $98 $85 15% ▪ Higher sales of tactical communications equipment and increased support for U.S. ground vehicle modernization Naval Defense $240 $210 14% ▪ Strong growth driven by timing of revenues on the Columbia-class submarine program ▪ Higher sales of aircraft handling systems equipment to international customers Commercial Aerospace $103 $93 11% ▪ Higher OEM sales of sensors products and surface treatment services on narrowbody and widebody platforms ▪ Increased sales of flight data recorder technology to OEM customers Total A&D Markets $609 $542 12% Power & Process $163 $139 18% ▪ Strong organic sales of commercial nuclear products supporting the maintenance of existing operating reactors and the development of next-generation advanced reactors ▪ Contribution from acquisition benefiting commercial nuclear and process markets General Industrial $105 $104 1% ▪ Higher sales of industrial vehicle products serving on-highway vehicle platforms and increased surface treatment services offset by lower global off-highway and specialty industrial vehicle sales Total Commercial Markets $268 $243 10% Total Curtiss-Wright $877 $785 12% 12 Note: Amounts may not add down due to rounding.

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Q2 2025 Earnings Presentation 69% $2.37B 31% $1.05B Industrial Vehicles Tactical battlefield communications Principally Repair and Overhaul Aerospace & Defense Markets Commercial Markets 26% 13% 19% 11% ~90% ~10% Embedded computing, sensors, actuation, arresting systems 60% Narrowbody / 40% Widebody Linked to Boeing/Airbus production Aerospace OEM Total 2025 CW End Markets $3.390 - 3.435B General IndustrialNaval Commercial Aerospace Power & Process Pumps / Valves / Steam Turbines (Nuclear naval propulsion) Ground AM ~35% 19% 12% ~60% Severe-service valves and subsea pump applications ~65% Electromechanical actuation and Surface Treatment Services Aftermarket (Operating Reactors) & New Build (AP1000, SMRs) On/Off-Highway Commercial and Specialty Vehicles Commercial Nuclear Process Industrial Automation and Services ~40% 2025E END MARKET SALES WATERFALL (as of August 6, 2025) FY'25 Guidance: Overall UP 9 - 10% (6 - 7% Org.) A&D Markets UP 8 - 10% Comm'l Markets UP 9 - 11% Note: Amounts shown for % of Total Sales may not add due to rounding. § Power & Process market sales concentrated in Naval & Power segment § General Industrial sales concentrated in Aerospace & Industrial segment 13 Commercial Nuclear 90% Domestic & Int'l Aftermarket + Govt. Nuclear 10% New Build Gen III / Gen IV (Advanced SMRs)

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