Press Release - CURTISS-WRIGHT CONTROLS AWARDED $3.2 MILLION CONTRACT FROM STAUDER TECHNOLOGIES

CURTISS-WRIGHT CONTROLS AWARDED $3.2 MILLION CONTRACT FROM STAUDER TECHNOLOGIES

For Delivery of Avionics Chassis and Electronics Components for use in Advanced VMF Terminal (AVT) Project

CHARLOTTE, NC – July 21, 2010 – Curtiss-Wright Controls, Inc. today announced that it has received a contract from Stauder Technologies to provide avionics chassis and electronic components for use in Stauder’s AVT StrikeLink Airborne solution (StrikeLink/A®). StrikeLink/A® provides “turnkey” interoperability with StrikeLink®, the material ground solution for the Target Location, Designation and Hand-off System (TLHDS) program for the U.S. Marine Corps Systems Command, by re-hosting digital communications technologies in legacy aircraft. The contract is valued at $3.2 million.   

“Curtiss-Wright’s expertise in the integration of rugged aerospace and defense subsystems, strong engineering and program management skills offered Stauder Technologies the best overall value for their program,” said David Adams, co-chief operating officer of Curtiss-Wright Corporation.  

Curtiss-Wright’s integrated subsystems, including avionics chassis, computer boards, backplane and power supply, will measurably contribute to digital interoperability between ground forces and close air support aircraft.  

At the heart of StrikeLink/A® is Stauder’s proven digital communications software currently fielded in StrikeLink®. The StrikeLink® system gives the ground operator the ability to quickly acquire targets during day, night and nearly all-weather visibility conditions. StrikeLink® can precisely determine operator location as well as that of their targets, and then digitally transmit secure data, using Variable Message Format (VMF) protocols, to multiple supporting arms elements. With StrikeLink/A® installed on close air support aircraft, initially the AV-8B Harrier, digital communication interoperability is guaranteed and sustainable without modifying the aircraft’s operational flight program or hardware installation provisions.   

Curtiss-Wright Controls will provide Stauder Technologies with fully integrated subsystems designed, developed and manufactured at the Curtiss Wright Controls Electronic Systems facility in Santa Clarita, CA. The contract continues through October 2012. Total potential value of this first phase of the contract is $10 million.  

About Curtiss-Wright Controls, Inc. 

Headquartered in Charlotte, NC, Curtiss-Wright Controls is the Motion Control segment of Curtiss-Wright Corporation and a leading designer and manufacturer of advanced technologies for niche actuation and drive applications, integrated sensors and electronic subsystems internationally for the aerospace and defense markets.  For more information, visit www.cwcontrols.com. 

About Curtiss-Wright 

Curtiss-Wright Corporation (NYSE: CW) is a diversified company headquartered in Parsippany, NJ. The company designs, manufactures and overhauls products for motion control and flow control applications, and provides a variety of specialized metal treatment services. The firm employs approximately 7,500 people worldwide. For more information, visit www.curtisswright.com.  

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

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