2016 Annual Report

Control.
Power.
Defend.

F-35 Lightning II: Jelle Harberts

2016 NOTEWORTHY ACCOMPLISHMENTS

Added to S&P MidCap 400 Index

Exceeded $100 share price for first time ever

Eclipsed $4 billion in market capitalization

Acquired Teletronics Technology Corporation*

*Announced Dec. 2016; closed Jan. 2017. Financials in this document do not include the results of the acquisition.

WE CONTINUE TO DELIVER ON THE ONE CURTISS-WRIGHT VISION. WE ARE FOCUSED ON DRIVING OPERATIONAL EXCELLENCE AND FINANCIAL DISCIPLINE IN ORDER TO ACHIEVE TOP QUARTILE PERFORMANCE, WHILE POSITIONING THE COMPANY FOR RENEWED GROWTH ACROSS OUR COMMERCIAL, INDUSTRIAL, DEFENSE AND POWER MARKETS.

Curtiss-Wright Corporation is a global diversified industrial company built on long-standing customer relationships, leading market positions and advanced, highly engineered technologies. Our legacy dates back to 1929 with the merger of companies founded by aviation pioneers Glenn Curtiss and the Wright Brothers.

Headquartered in Charlotte, N.C., Curtiss-Wright employs approximately 8,000 men and women dedicated to providing outstanding service and innovative products to customers worldwide.

2016 Financial Highlights¹

NET SALES

OPERATING INCOME

OPERATING MARGIN

DILUTED EARNINGS
PER SHARE

FREE CASH FLOW²

(1) All figures reported on a continuing operations basis. Dollars in millions, except per share data. 2015 Pro Forma results exclude the one-time China AP1000® fee of $20 million recognized as revenue and operating income in the fourth quarter of 2015.
(2) Free cash flow is defined as cash flow from operations less capital expenditures. 2015 adjusted to remove the $145 million contribution to the Company’s corporate defined benefit pension plan.

END MARKET SALES (2016)

38^%
Defense
24^%
General
Industrial
19^%
Commercial
Aerospace
19^%
Power
Generation