0000026324False00000263242026-11-042026-11-04

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): November 4, 2026
CURTISS-WRIGHT CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Delaware1-13413-0612970
(State or Other
Jurisdiction of
Incorporation)		(Commission File
Number)		(IRS Employer
Identification No.)
130 Harbour Place Drive, Suite 300
Davidson,North Carolina28036
(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 classTrading Symbol(s)Name of each exchange on which registered
Common StockCWNew 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).
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.☐





Section 2 - Financial Information

Item 2.02. Results of Operations and Financial Condition

On Wednesday, November 4, 2026 Curtiss-Wright Corporation (the "Company") issued a press release announcing financial results for the third quarter ended September 30, 2026. A webcast conference call will be held on Thursday, November 5, 2026 at 10:00 am Eastern Time for management to discuss the Company’s third quarter 2026 financial performance as well as expectations for full-year 2026 financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, Kevin Rayment, Executive Vice President and Chief Operating Officer, and Gary A. Ogilby, Senior Vice President, Interim Chief Financial Officer and Corporate Controller, 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 financial presentation will be posted in 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 CWQ326. For those unable to join the live webcast, a 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, are 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 report shall not be incorporated by reference into any filing of the registrant 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.

99.1 Press Release dated November 4, 2026

99.2 Presentation shown during investor and securities analyst webcast on November 5, 2026



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
By: /s/ Gary A. Ogilby
Gary A. Ogilby
Senior Vice President,
Interim Chief Financial Officer,
              and Corporate Controller
Date: November 5, 2026
Curtiss-Wright Corporation, Page 1
             
Exhibit 99.1
NEWS RELEASE

CURTISS-WRIGHT REPORTS THIRD QUARTER 2026 FINANCIAL RESULTS AND RAISES FULL-YEAR 2026 GUIDANCE

DAVIDSON, N.C. – November 4, 2026 – Curtiss-Wright Corporation (NYSE: CW) reports financial results for the third quarter ended September 30, 2026.

Third Quarter 2026 Highlights:
•Reported sales of $953 million, up 10%, operating income of $188 million, operating margin of 19.7%, and diluted earnings per share (EPS) of $3.77;
•Adjusted operating income of $189 million, up 11%;
•Adjusted operating margin of 19.9%, up 30 basis points;
•Adjusted diluted EPS of $3.94, up 16%;
•Free cash flow (FCF) of $157 million, generating 108% FCF conversion;
•Total share repurchases of $352 million;
•New orders of $1.1 billion, up 15%, reflected a 1.1x book-to-bill; and
•Backlog of $4.6 billion, up 12% year-to-date.

Raised Full-Year 2026 Adjusted Financial Outlook:
•Sales increased to new range of 8% to 10% growth (previously 8% to 9%), reflecting continued strong growth in the Aerospace & Defense (A&D) and Commercial end markets;
•Operating income increased to new range of 12% to 14% growth (previously 11% to 13%);
•Operating margin increased to new range of 19.2% to 19.4%, now up 60 to 80 basis points compared with the prior year (previously 19.1% to 19.3%, up 50 to 70 basis points);
•Diluted EPS increased to new range of $15.40 to $15.60, now up 16% to 18% (previously $15.10 to $15.40, up 14% to 16%); and
•FCF increased by $10 million to new range of $595 to $615 million, which continues to reflect greater than 105% FCF conversion.

"Curtiss-Wright delivered a strong third quarter, highlighted by double-digit growth in both revenue and operating income, and mid-teens growth in adjusted diluted EPS, as we continue to execute on the strength of our product portfolio,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. "Orders increased 15% year-over-year, primarily driven by continued strong demand in defense electronics and growth across all of our A&D markets, reinforcing our confidence in our ability to deliver consistent and durable future growth. Based on our strong year-to-date performance, we have raised our full-year guidance for all major financial metrics. We now anticipate sales growth of 8% to 10%, along with improved profitability across all three segments, as our Pivot to Growth Strategy continues to build momentum."

"We also remain committed to deploying our strong balance sheet to support disciplined and strategic capital allocation. We are on track to deliver near-record share repurchases in 2026 and continue to drive internal investments to support our future growth, which underscores our confidence in the business and our commitment to delivering consistent and superior results for our shareholders."



Curtiss-Wright Corporation, Page 2

Third Quarter 2026 Operating Results

(In millions)Q3-2026Q3-2025Change
Reported
Sales$953 $869 10%
Operating income$188 $166 13%
Operating margin19.7%19.1%60 bps
Adjusted (1)
Sales$953 $869 10%
Operating income$189 $170 11%
Operating margin19.9%19.6%30 bps
(1)Reconciliations of Reported to Adjusted operating results are available in the Appendix.

•Sales of $953 million increased 10% compared with the prior year;
•Total A&D market sales increased 9%, while total Commercial market sales increased 11%;
•In our A&D markets, we experienced strong growth in the defense markets, principally driven by higher revenues on various fighter jet and helicopter programs in aerospace defense and higher submarine revenues in naval defense, as well as higher OEM sales growth in the commercial aerospace market;
•In our Commercial markets, strong growth in the power & process market was driven by higher sales of commercial nuclear solutions, while higher sales in the general industrial market reflected strong growth in industrial vehicle products; and
•Adjusted operating income of $189 million increased 11%, while Adjusted operating margin increased 30 basis points to 19.9%. This performance was driven by favorable absorption on higher revenues in all three segments and the benefits of the Company's restructuring initiatives, partially offset by unfavorable mix of products in the Defense Electronics segment.





Curtiss-Wright Corporation, Page 3
Third Quarter 2026 Segment Performance

Aerospace & Industrial

(In millions)Q3-2026Q3-2025Change
Reported
Sales$282 $248 14%
Operating income$53 $45 18%
Operating margin19.0%18.3%70 bps
Adjusted (1)
Sales$282 $248 14%
Operating income$55 $46 19%
Operating margin19.4%18.6%80 bps
(1)Note: Reconciliations of Reported to Adjusted operating results are available in the Appendix.

•Sales of $282 million, up $34 million, or 14%;
•Growth in the aerospace defense market primarily reflected increased sales of actuation equipment and sensors products supporting various fighter jet programs;
•Commercial aerospace market revenue growth reflected higher OEM sales of sensors products and surface treatment services on narrowbody and widebody platforms;
•Growth in the general industrial market reflected the benefit of higher sales of industrial vehicle products serving domestic on-highway and global off-highway vehicle platforms; and
•Adjusted operating income was $55 million, up 19% from the prior year, while Adjusted operating margin increased 80 basis points to 19.4%, driven by favorable absorption and mix of products on higher revenues and the benefits of the Company's restructuring initiatives, which more than offset higher investment in research and development.

Curtiss-Wright Corporation, Page 4
Defense Electronics

(In millions)Q3-2026Q3-2025Change
Reported
Sales$259 $253 2%
Operating income$70 $74 (5%)
Operating margin27.0%29.2%(220 bps)
Adjusted (1)
Sales$259 $253 2%
Operating income$70 $74 (5%)
Operating margin27.0%29.2%(220 bps)
(1)Note: Reconciliations of Reported to Adjusted operating results are available in the Appendix.

•Sales of $259 million, up $6 million, or 2%;
•Aerospace defense market revenue growth reflected increased sales of embedded computing equipment supporting various helicopter and international fighter jet programs, partially offset by the timing of production on unmanned aerial vehicle (UAV) programs;
•Growth in the ground defense market was primarily driven by increased sales of turret drive stabilization systems to various international customers, while sales of tactical communications equipment were essentially flat year-over-year;
•Lower commercial aerospace market revenues reflected the timing of sales of avionics equipment to OEM customers; and
•Adjusted operating income was $70 million, down 5% from the prior year, while Adjusted operating margin decreased 220 basis points to 27.0%, as favorable absorption on higher revenues was more than offset by unfavorable mix of products and higher investment in research and development.


Curtiss-Wright Corporation, Page 5
Naval & Power

(In millions)Q3-2026Q3-2025Change
Reported
Sales$412 $368 12%
Operating income$76 $58 32%
Operating margin18.5%15.7%280 bps
Adjusted (1)
Sales$412 $368 12%
Operating income$76 $61 25%
Operating margin18.6%16.6%200 bps
(1)Note: Reconciliations of Reported to Adjusted operating results are available in the Appendix.

•Sales of $412 million, up $44 million, or 12%;
•Revenue growth in the naval defense market was driven by the timing of production on the Columbia-class and Virginia-class submarine programs, in addition to higher aftermarket revenue supporting aircraft carrier refueling and overhaul projects;
•Growth in the aerospace defense market reflected higher sales of arresting systems equipment supporting various domestic and international customers;
•Power & process market revenue growth primarily reflected increased sales of commercial nuclear solutions supporting next-generation advanced reactors, as several projects transition from development into the initial prototype stage, as well as higher government nuclear revenues; and
•Adjusted operating income was $76 million, up 25% from the prior year, while Adjusted operating margin increased 200 basis points to 18.6%, driven by favorable absorption and mix of products on higher revenues.

Curtiss-Wright Corporation, Page 6
Free Cash Flow

(In millions)Q3-2026Q3-2025Change
Net cash provided by operating activities$180 $193 (6%)
Net capital expenditures(23)(17)(36%)
Free cash flow$157 $176 (11%)

•Free cash flow of $157 million decreased $19 million, as higher capital investments and higher tax payments more than offset higher cash earnings.

New Orders and Backlog
•New orders of $1.1 billion increased 15% compared with the prior year driven by strong demand across all of the Company's defense markets, as well as continued order growth in the commercial aerospace and general industrial end markets; and
•Backlog of $4.6 billion, up 12% from December 31, 2025, reflecting higher demand across the A&D and Commercial markets.

Share Repurchase and Dividends
•During the third quarter, the Company repurchased approximately 538,000 shares of its common stock for approximately $352 million and remains on track to repurchase a total of $460 million in shares in 2026, in-line with last year's record $466 million buyback program;
•In September 2026, the Company's Board of Directors authorized an additional $510 million for future share repurchases, increasing the total available authorization to $700 million. Entering 2027, the Company expects to have remaining open repurchase authorization of $600 million; and
•During the third quarter, the Company declared a quarterly dividend of $0.26 a share.






Curtiss-Wright Corporation, Page 7
Full-Year 2026 Guidance

The Company is updating its full-year 2026 Adjusted financial guidance(1) as follows:

($ in millions, except EPS)
2026 Adjusted Non-GAAP Guidance (Prior)
2026 Adjusted Non-GAAP Guidance (Current)
Change vs 2025 Adjusted (Current)
Total Sales
$3,768 - $3,813
$3,795 - $3,840
Up 8 - 10%
Operating Income
$720 - $736
$731 - $744
Up 12 - 14%
Operating Margin
19.1% - 19.3%
19.2% - 19.4%
Up 60 - 80 bps
Diluted EPS
$15.10 - $15.40
$15.40 - $15.60
Up 16 - 18%
Free Cash Flow(2)
$585 - $605
$595 - $615
Up 8 - 11%
(1)Reconciliations of Reported to Adjusted 2025 operating results and 2026 financial guidance are available in the Appendix, and exclude first-year purchase accounting costs associated with prior-year acquisitions, costs associated with both our FY24 and FY26 Restructuring Programs, and gains/losses associated with recording equity securities held for investment purposes at fair value.
(2)2026 Free Cash Flow guidance includes higher year-over-year growth in capital expenditures supporting growth and efficiency, and strong free cash flow conversion in excess of 105%.

**********
A more detailed breakdown of the Company’s 2026 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.

Conference Call & Webcast Information

The Company will host a conference call to discuss its third quarter 2026 financial results and updates to 2026 guidance at 10:00 a.m. ET on Thursday, November 5, 2026. 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 www.curtisswright.com.

(Tables to Follow)

Curtiss-Wright Corporation, Page 8
CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)
($'s in thousands, except per share data)
Three Months EndedNine Months Ended
September 30,September 30,
2026202520262025
Product sales$817,793 $739,094 $2,365,979 $2,164,750 
Service sales134,797 130,076 424,306 386,641 
Total net sales952,590 869,170 2,790,285 2,551,391 
Cost of product sales510,811 470,677 1,493,855 1,392,020 
Cost of service sales70,140 71,023 229,218 213,280 
Total cost of sales580,951 541,700 1,723,073 1,605,300 
Gross profit371,639 327,470 1,067,212 946,091 
Research and development expenses24,113 23,407 73,435 69,734 
Selling expenses48,603 40,559 139,161 122,248 
General and administrative expenses109,637 96,449 325,703 299,549 
Restructuring expenses1,364 804 2,791 2,797 
Operating income187,922 166,251 526,122 451,763 
Interest expense10,319 10,484 30,186 31,151 
Other income, net338 5,386 34,065 22,398 
Earnings before income taxes177,941 161,153 530,001 443,010 
Provision for income taxes(39,054)(36,321)(111,760)(95,780)
Net earnings$138,887 $124,832 $418,241 $347,230 
Basic earnings per share$3.79 $3.34 $11.36 $9.24 
Diluted earnings per share$3.77 $3.31 $11.31 $9.19 
Dividends per share$0.26 $0.24 $0.76 $0.69 
Weighted-average shares outstanding:
Basic36,688 37,430 36,822 37,582 
Diluted36,850 37,663 36,990 37,786 


Curtiss-Wright Corporation, Page 9
CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
($'s in thousands, except par value)
September 30,December 31,
20262025
Assets
Current assets:
Cash and cash equivalents$281,113 $371,345 
Receivables, net1,049,133 932,344 
Inventories, net715,849 615,097 
Other current assets119,703 99,688 
Total current assets2,165,798 2,018,474 
Property, plant, and equipment, net397,587 382,200 
Goodwill1,685,782 1,692,490 
Other intangible assets, net485,773 532,381 
Operating lease right-of-use assets, net207,687 198,603 
Prepaid pension asset353,863 333,547 
Other assets75,690 63,597 
Total assets$5,372,180 $5,221,292 
Liabilities
Current liabilities:
Current portion of long-term and short-term debt$200,000 $200,000 
Accounts payable303,528 310,303 
Accrued expenses267,616 242,942 
Deferred revenue643,502 561,452 
Other current liabilities106,078 90,870 
Total current liabilities1,520,724 1,405,567 
Long-term debt757,139 757,884 
Deferred tax liabilities, net163,467 154,002 
Accrued pension and other postretirement benefit costs67,350 71,417 
Long-term operating lease liability187,163 178,466 
Other liabilities116,787 120,382 
Total liabilities$2,812,630 $2,687,718 
Stockholders' equity
Common stock, $1 par value$49,187 $49,187 
Additional paid in capital183,104 165,014 
Retained earnings4,700,977 4,310,680 
Accumulated other comprehensive loss(190,580)(173,812)
Less: cost of treasury stock(2,183,138)(1,817,495)
Total stockholders' equity$2,559,550 $2,533,574 
Total liabilities and stockholders' equity$5,372,180 $5,221,292 


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 provide more relevant 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:

Adjusted Sales, Operating Income, Operating Margin, Net Earnings and Diluted 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; (ii) costs associated with the Company's 2026 Restructuring Program in the current period and the Company's 2024 Restructuring Program in the prior period, as applicable; and (iii) and gains/losses associated with recording equity securities held for investment purposes at fair value.

Curtiss-Wright Corporation, Page 11

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)
($'s in thousands)
Three Months EndedThree Months Ended
September 30, 2026September 30, 2025% Change
As ReportedAdjustmentsAdjustedAs ReportedAdjustmentsAdjustedAs ReportedAdjusted
Sales:
Aerospace & Industrial$281,750 $— $281,750 $247,985 $— $247,985 14 %14 %
Defense Electronics258,988 — 258,988 253,159 — 253,159 2 %2 %
Naval & Power411,852 — 411,852 368,026 — 368,026 12 %12 %
Total sales$952,590 $— $952,590 $869,170 $— $869,170 10 %10 %
Operating income (expense):
Aerospace & Industrial(2)
$53,397 $1,257 $54,654 $45,439 $570 $46,009 18 %19 %
Defense Electronics(2)
69,933 — 69,933 $73,957 — 73,957 (5%)(5%)
Naval & Power(1)(2)
76,295 107 76,402 57,721 3,532 61,253 32 %25 %
                           
Total segments$199,625 $1,364 $200,989 $177,117 $4,102 $181,219 13 %11 %
Corporate and other(2)
(11,703)— (11,703)(10,866)20 (10,846)(8%)(8%)
Total operating income$187,922 $1,364 $189,286 $166,251 $4,122 $170,373 13 %11 %
Operating margins:As ReportedAdjustedAs ReportedAdjustedAs ReportedAdjusted
Aerospace & Industrial19.0%19.4%18.3%18.6%70 bps80 bps
Defense Electronics27.0%27.0%29.2%29.2%(220 bps)(220 bps)
Naval & Power18.5%18.6%15.7%16.6%280 bps200 bps
Total Curtiss-Wright19.7%19.9%19.1%19.6%60 bps30 bps
Segment margins21.0%21.1%20.4%20.8%60 bps30 bps
(1) Excludes first year purchase accounting adjustments in the prior year period.
(2) Excludes costs associated with the Company's 2026 Restructuring Program in the current period and the Company's 2024 Restructuring Program in the prior period.

Curtiss-Wright Corporation, Page 12

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
RECONCILIATION OF AS REPORTED TO ADJUSTED (UNAUDITED)
($'s in thousands)
Nine Months EndedNine Months Ended
September 30, 2026September 30, 2025% Change
As ReportedAdjustmentsAdjustedAs ReportedAdjustmentsAdjustedAs ReportedAdjusted
Sales:
Aerospace & Industrial$804,434 $— $804,434 $714,369 $— $714,369 13 %13 %
Defense Electronics761,263 — 761,263 751,334 — 751,334 1 %1 %
Naval & Power1,224,588 — 1,224,588 1,085,688 — 1,085,688 13 %13 %
Total sales$2,790,285 $— $2,790,285 $2,551,391 $— $2,551,391 9 %9 %
Operating income (expense):
Aerospace & Industrial(2)
$140,899 $2,359 $143,258 $114,367 $2,917 $117,284 23 %22 %
Defense Electronics(2)
210,628 126 210,754 209,239 19 209,258 1 %1 %
Naval & Power (1)(2)
207,091 306 207,397 160,000 9,734 169,734 29 %22 %
                           
Total segments$558,618 $2,791 $561,409 $483,606 $12,670 $496,276 16 %13 %
Corporate and other(2)
(32,496)— (32,496)(31,843)(8)(31,851)(2%)(2%)
Total operating income$526,122 $2,791 $528,913 $451,763 $12,662 $464,425 16 %14 %
Operating margins:As ReportedAdjustedAs ReportedAdjustedAs ReportedAdjusted
Aerospace & Industrial17.5%17.8%16.0%16.4%150 bps140 bps
Defense Electronics27.7%27.7%27.8%27.9%(10 bps)(20 bps)
Naval & Power16.9%16.9%14.7%15.6%220 bps130 bps
Total Curtiss-Wright18.9%19.0%17.7%18.2%120 bps80 bps
Segment margins20.0%20.1%19.0%19.5%100 bps60 bps
(1) Excludes first year purchase accounting adjustments in the prior year period.
(2) Excludes costs associated with the Company's 2026 Restructuring Program in the current period and the Company's 2024 Restructuring Program in the prior period.

Curtiss-Wright Corporation, Page 13
CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
SALES BY END MARKET (UNAUDITED)
($'s in thousands)
Three Months EndedThree Months Ended
September 30, 2026September 30, 2025% Change
Aerospace & Defense markets:
Aerospace Defense$186,356 $161,162 16 %
Ground Defense95,800 96,789 (1%)
Naval Defense271,523 245,906 10 %
Commercial Aerospace 120,400 113,856 6 %
Total Aerospace & Defense$674,079 $617,713 9 %
Commercial markets:
Power & Process $164,684 $149,900 10 %
General Industrial113,827 101,557 12 %
Total Commercial$278,511 $251,457 11 %
Total Curtiss-Wright$952,590 $869,170 10 %
Nine Months EndedNine Months Ended
September 30, 2026September 30, 2025% Change
Aerospace & Defense markets:
Aerospace Defense$541,802 $480,471 13 %
Ground Defense
287,342 291,568 (1%)
Naval Defense784,662 707,078 11 %
Commercial Aerospace345,203 310,051 11 %
Total Aerospace & Defense$1,959,009 $1,789,168 9 %
Commercial markets:
Power & Process$505,429 $456,307 11 %
General Industrial325,847 305,916 7 %
Total Commercial$831,276 $762,223 9 %
Total Curtiss-Wright$2,790,285 $2,551,391 9 %

Curtiss-Wright Corporation, Page 14



CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
RECONCILIATION OF AS REPORTED TO ADJUSTED DILUTED EARNINGS PER SHARE (UNAUDITED)
Three Months EndedNine Months Ended
September 30,September 30,
2026202520262025
Diluted earnings per share - As Reported$3.77 $3.31 $11.31 $9.19 
First year purchase accounting adjustments
— 0.07 — 0.20 
(Gain)/loss on equity securities0.14 — (0.22)— 
Restructuring costs
0.03 0.02 0.06 0.06 
Diluted earnings per share - Adjusted (1)
$3.94 $3.40 $11.15 $9.45 
(1) All adjustments are presented net of income taxes.



Curtiss-Wright Corporation, Page 15
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 2026 Restructuring Program in the current period and the Company's 2024 Restructuring Program in the prior period, and foreign currency fluctuations.

Three Months Ended
September 30,
2026 vs. 2025
Aerospace & IndustrialDefense ElectronicsNaval & PowerTotal Curtiss-Wright
SalesOperating incomeSalesOperating incomeSalesOperating incomeSalesOperating income
As Reported14%18%2%(5%)12%32%10%13%
Less: Acquisitions0%0%0%0%0%0%0%0%
Restructuring0%2%0%0%0%0%0%0%
Foreign Currency0%1%0%(1%)0%0%0%1%
Organic14%21%2%(6%)12%32%10%14%
Nine Months Ended
September 30,
2026 vs. 2025
Aerospace & IndustrialDefense ElectronicsNaval & PowerTotal Curtiss-Wright
SalesOperating incomeSalesOperating incomeSalesOperating incomeSalesOperating income
As Reported13%23%1%1%13%29%9%16%
Less: Acquisitions0%0%0%0%0%0%0%0%
Restructuring0%0%0%0%0%0%0%0%
Foreign Currency(1%)2%0%0%0%0%0%1%
Organic12%25%1%1%13%29%9%17%




Curtiss-Wright Corporation, Page 16
Free Cash Flow 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 net 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.

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
NON-GAAP FINANCIAL DATA (UNAUDITED)
($'s in thousands)
Three Months EndedNine Months Ended
September 30,September 30,
2026202520262025
Net cash provided by operating activities$180,414 $192,838 $355,942 $290,658 
Capital expenditures
Capital expenditure additions(40,027)(16,900)(81,310)(52,054)
Grant proceeds for capital expenditures16,980 — 25,508 — 
Net capital expenditures(23,047)(16,900)(55,802)(52,054)
Free cash flow$157,367 $175,938 $300,140 $238,604 
Free cash flow conversion108%137%73%67%




Curtiss-Wright Corporation, Page 17
CURTISS-WRIGHT CORPORATION
2026 Guidance
As of November 4, 2026
($'s in millions, except per share data)
2025
Reported
 (GAAP)
2025
Adjustments
(Non-GAAP)(1)
2025
Adjusted
(Non-GAAP)(1)
2026
Reported Guidance
(GAAP)
2026
 Adjustments
(Non-GAAP)(2)
2026
Adjusted Guidance
(Non-GAAP)(2)
LowHighLowHighChg
vs 2025
Adjusted
Sales:
Aerospace & Industrial$977 $— $977 $1,075 $1,088 $— $1,075 $1,088 10 - 11%
Defense Electronics1,019 — 1,019 1,055 1,075 — 1,055 1,075 4 - 6%
Naval & Power1,503 — 1,503 1,665 1,678 — 1,665 1,678 11 - 12%
Total sales$3,498 $— $3,498 $3,795 $3,840 $— $3,795 $3,840 8 - 10%
Operating income:
Aerospace & Industrial$166 $4 $170 $193 $197 $6 $199 $203 17 - 19%
Defense Electronics278 — 278 291 298 — 291 298 5 - 7%
Naval & Power231 13 245 283 288 1 284 289 16 - 18%
Total segments$675 $17 $693 $767 $783 $7 $774 $789 
Corporate and other(42)— (42)(43)(45)— (43)(45)
Total operating income$634 $17 $651 $724 $738 $7 $731 $744 12 - 14%
Interest expense$(43)$— $(43)$(41)$(41)$— $(41)$(41)
Other income, net30 — 30 41 42 (10)31 32 
Earnings before income taxes620 17 638 724 739 (3)721 735 
Provision for income taxes(136)(4)(140)(156)(159)1 (155)(158)
Net earnings$484 $14 $498 $568 $580 $(2)$566 $577 
Diluted earnings per share$12.87 $0.36 $13.23 $15.48 $15.68 $(0.08)$15.40 $15.60 16 - 18%
Diluted shares outstanding37.6 37.6 36.9 36.9 36.9 36.9 
Effective tax rate21.9%21.9%21.5%21.5%21.5%21.5%
Operating margins:
Aerospace & Industrial17.0%17.4%18.0%18.1%18.5%18.7%110 - 130 bps
Defense Electronics27.3%27.3%27.5%27.7%27.5%27.7%20 - 40 bps
Naval & Power15.4%16.3%17.0%17.2%17.0%17.2%70 - 90 bps
Total operating margin18.1%18.6%19.1%19.2%19.2%19.4%60 - 80 bps
Free cash flow(3)
$554 $— $554 $595 $615 $— $595 $615 8 - 11%
Notes: Amounts may not add due to rounding.
(1) 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.
(2) 2026 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2026 Restructuring Program and gains/losses associated with recording equity securities held for investment purposes at fair value.
(3) Free Cash Flow is defined as cash flow from operations less capital expenditures. 2026 Free Cash Flow guidance includes higher year-over-year growth in capital expenditures supporting growth and efficiency, and strong free cash flow conversion in excess of 105%.

Curtiss-Wright Corporation, Page 18

CURTISS-WRIGHT CORPORATION
2026 Sales Growth Guidance by End Market
As of November 4, 2026
2026 % Change vs. 2025 Adjusted
PriorCurrent% Total Sales
Aerospace & Defense Markets
Aerospace Defense12 - 14%14 - 16%20%
Ground Defense(4 - 6%)(2 - 4%)10%
Naval Defense7 - 9%9 - 11%27%
Commercial Aerospace10 - 12%10 - 12%13%
Total Aerospace & Defense7 - 9%8 - 10%70%
Commercial Markets
Power & Process13 - 15%13 - 15%19%
General Industrial1 - 3%3 - 5%11%
Total Commercial8 - 10%8 - 10%30%
Total Curtiss-Wright Sales8 - 9%8 - 10%100%
Note: Sales percentages may not add due to rounding.

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 9,300 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 www.curtisswright.com.

###
Forward-Looking Statements
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. Such forward-looking statements can be identified by the use of forward-looking terminology such as “anticipates,” “believes,” “continue,” “could,” “estimate,” “expects,” “intend,” “may,” “might,” “outlook,” “potential,” “predict,” “should,” “will,” as well as the negative of any of the foregoing or variations of such terms or comparable terminology, or by discussion of strategy. These statements are not historical facts and present management's estimates, expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Such forward-looking statements are not guarantees of future performance and are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements.

Although it is not possible to create a comprehensive list of all factors that may cause our actual results to differ from the results expressed or implied by our forward-looking statements or that may affect our future results, some of these factors and other risks and uncertainties are described in Item 1A “Risk Factors” of our Annual Report on Form 10-K and in our other periodic filings with the Securities and Exchange Commission and include, but are not limited to, risks relating 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; supply chain constraints and inflationary impacts on prices for raw materials and components used in our products; failure of our subcontractors or suppliers to perform their contractual obligations; and other factors that generally affect the business of aerospace, defense contracting, electronics, marine, and industrial companies.

Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date they were made, and we assume no obligation to update forward-looking statements to reflect actual results or changes in or additions to the factors affecting such forward-looking statements.

This press release and additional information are available at www.curtisswright.com.

Contact:    Jim Ryan    
(704) 869-4621    
Jim.Ryan@curtisswright.com
1 | January 8, 2026 | Proprietary | © 2025 Curtiss-Wright Q3 2026 - EARNINGS CONFERENCE CALL November 5, 2026 Conference Call Dial-in numbers: (800) 343-5172 (domestic) (203) 518-9856 (international) Conference code: CWQ326

 
2 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright 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 include, among other things, management's estimates of future performance, revenue and earnings, our management's growth objectives, our management’s ability to integrate acquisitions, and our management's ability to produce consistent operating improvements. These forward-looking statements are based on expectations as of the time the statements were made only, and are subject to a number of risks and uncertainties which could cause us to fail to achieve our then-current financial projections and other expectations, including the impact of a global pandemic or national epidemic. 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. SAFE HARBOR STATEMENT

 
3 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright Third Quarter 2026 Highlights STRONG EXECUTION AND ROBUST BUSINESS FUNDAMENTALS REINFORCE RECORD FULL-YEAR 2026 OUTLOOK ▪ $953M Sales, up 10% ▪ $189M Operating Income, up 11% ▪ 19.9% Operating Margin, up 30 bps YOY ▪ $3.94 Diluted EPS, up 16%, ahead of expectations ▪ $157M Free Cash Flow (FCF); 108% conversion ▪ $1.1B New Orders, up 15%; 1.1x Book-to-Bill ▪ $4.6B Backlog, up 12% YTD Raised Full-Year 2026 Guidance Across Major KPIs ▪ Total Sales growth increased to 8 - 10% ▪ Operating Income growth increased to 12 - 14% ▪ Operating Margin growth of 60 - 80 bps to 19.2% - 19.4%; Improved YOY profitability in all segments ▪ Targeting 16 - 18% EPS growth ▪ FCF generation of $595 - $615M; strong conversion >105% ▪ Maintain strong financial and operational discipline ▪ On track for near record $460M in share repurchases Note: 2026 financial results and 2026 guidance, and comparisons to prior-year periods, presented on an Adjusted (Non-GAAP) basis Leadership Transitions Provide Strong Continuity; Maintain Curtiss-Wright’s Strategic Focus and Operational Momentum ▪ COO Kevin Rayment named President & CEO, effective Jan. 1, 2027 ▪ Corporate Controller Gary Ogilby named Interim CFO, effective Oct. 6, 2026 ▪ New segment leadership structure will enhance operational efficiency ▪ On track to exceed 2024 Investor Day targets; Sustaining forward momentum on next phase of our growth journey ▪ Next Investor Day planned for May 2027

 
4 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright ($ in Millions) Q3’26 Adjusted Q3’25 Adjusted Change Key Performance Drivers Aerospace & Industrial $282 $248 14% ▪ Higher than anticipated growth in Defense markets (actuation equipment) ▪ Continued strong OEM growth in Commercial Aerospace on narrowbody and widebody platforms ▪ Higher General Industrial sales supporting industrial vehicles (domestic on-highway and global off-highway) Defense Electronics $259 $253 2% ▪ Solid growth in Aerospace Defense supporting helicopter and fighter jet programs ▪ Modest growth in Ground Defense revenues (turret drive stabilization systems) Naval & Power $412 $368 12% ▪ Higher Naval Defense revenues (timing of submarine programs and CVN-75 aircraft carrier overhaul) ▪ Power & Process driven by next-generation advanced reactors (SMRs) and higher government nuclear revenues Total Sales $953 $869 10% Delivered solid increases across majority of A&D and Commercial markets Aerospace & Industrial Margin $55 19.4% $46 18.6% 19% 80 bps ▪ Favorable absorption and mix of products on higher revenues; Benefit of restructuring initiatives ▪ Profitability partially offset by higher investment in R&D Defense Electronics Margin $70 27.0% $74 29.2% (5%) (220 bps) ▪ Favorable absorption on higher defense revenues ▪ Profitability offset by unfavorable mix of products Naval & Power Margin $76 18.6% $61 16.6% 25% 200 bps ▪ Favorable absorption and mix of products on higher revenues Corporate and Other ($12) ($11) (8%) ▪ Higher 401k participation Total Op. Income CW Margin $189 19.9% $170 19.6% 11% 30 bps Double-digit growth in both Sales and Operating Income driving continued margin expansion THIRD QUARTER 2026 FINANCIAL REVIEW Note: Amounts may not add due to rounding. SMRs = Small Modular Reactors

 
5 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright 2026 END MARKET SALES GROWTH GUIDANCE (As of November 4, 2026) Notes: Amounts may not add due to rounding. dFMS = direct Foreign Military Sales TDSS = Turret Drive Stabilization Systems SMRs = Small Modular Reactors ($ in Millions) 2026E Growth vs 2025 (Prior) 2026E Growth vs 2025 (Current) 2026E % Sales Key Drivers of 2026 Performance Aerospace Defense 12 - 14% 14 - 16% 20% ▪ Strong alignment to DoW priorities (fighter jets, next-gen platforms, aircraft modernization) driving higher sales of defense electronics and actuation equipment ▪ Sustained growth on dFMS programs (embedded computing, flight data recorders, sensors) ▪ Higher sales of arresting systems equipment Ground Defense (4 - 6%) (2 - 4%) 10% ▪ Timing of lower sales of tactical communications and U.S. ground vehicle revenues ▪ Increased dFMS revenues (TDSS, radar systems); Solid growth on ground-based mobile launcher systems Naval Defense 7 - 9% 9 - 11% 27% ▪ Higher revenue growth on Virginia-class submarine and CVN-81 aircraft carrier ▪ Strong growth in aftermarket revenues (CVN-75 overhaul, retrofits) Commercial Aerospace 10 - 12% 10 - 12% 13% ▪ Strong growth driven by ramp-up in OEM production (narrowbody and widebody) ▪ Higher sales of avionics equipment Total Aerospace & Defense 7 - 9% 8 - 10% 70% Accelerated global defense spending driving overall strong A&D market growth Power & Process 13 - 15% 13 - 15% 19% ▪ Commercial Nuclear growth driven by aftermarket demand (esp. international markets), next-generation advanced reactors (SMRs) and increased govt. nuclear; AP1000 order excluded from targets ▪ Growth in Process driven by increased sales of valves (MRO and large capital projects) and instrumentation solutions; Higher subsea pump development revenues General Industrial 1 - 3% 3 - 5% 11% ▪ Ongoing acceleration in order book contributing to more favorable outlook across industrial markets Total Commercial 8 - 10% 8 - 10% 30% Commercial Nuclear driving strong growth in Power & Process markets Total Curtiss-Wright 8 - 9% 8 - 10% 100% Growth outlook exceeds overall 2024 Investor Day Target (>5% Organic Revenue CAGR) Updated (in blue)

 
6 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright 2026 FINANCIAL GUIDANCE (As of November 4, 2026) ($ in Millions) 2026E (Prior) 2026E (Current) Change vs 2025 Adjusted Key Drivers of 2026 Performance Aerospace & Industrial $1,058 - $1,070 $1,075 - $1,088 10 - 11% ▪ Increased actuation sales in Aerospace Defense (fighter jets); Strong growth in Commercial Aerospace ▪ Improved General Industrial outlook reflects strength of order book, providing continued optimism Defense Electronics $1,055 - $1,075 $1,055 - $1,075 4 - 6% ▪ Aerospace Defense growth driven by alignment to U.S. DoW and dFMS priorities ▪ Timing in Ground Defense (tactical communications and ground vehicles) ▪ Increased sales of avionics equipment driving modest growth in Commercial Aerospace Naval & Power $1,655 - $1,668 $1,665 - $1,678 11 - 12% ▪ Strong Naval Defense growth driven by the acceleration of submarine and aircraft carrier programs; Higher aftermarket revenues (carrier overhaul); Higher dFMS (aircraft handling systems) ▪ Power & Process market reflects strong outlook in Commercial Nuclear (aftermarket, gov’t nuclear, SMRs); Solid Process growth in valves (MRO/projects), instrumentation solutions, subsea pumps development Total Sales $3,768 - $3,813 $3,795 - $3,840 8 - 10% Expanding order book provides consistent, durable sales growth Aerospace & Industrial Margin $195 - $200 18.5% - 18.7% $199 - $203 18.5% - 18.7% 17 - 19% 110 - 130 bps ▪ Favorable absorption and mix of products on higher revenues ▪ Benefits of operational excellence initiatives and restructuring savings ▪ Profitability partially offset by higher investments in R&D Defense Electronics Margin $291 - $298 27.5% - 27.7% $291 - $298 27.5% - 27.7% 5 - 7% 20 - 40 bps ▪ Favorable absorption on revenues; benefit of restructuring savings and cost containment initiatives ▪ Profitability partially offset by higher investments in R&D Naval & Power Margin $278 - $283 16.8% - 17.0% $284 - $289 17.0% - 17.2% 16 - 18% 70 - 90 bps ▪ Favorable absorption and mix of products on strong growth in revenues ▪ Profitability partially offset by continued investment in development programs Corporate and Other ($43) - ($44) ($43) - ($45) (3 - 6%) Total Op. Income CW Margin $720 - $736 19.1% - 19.3% $731 - $744 19.2% - 19.4% 12 - 14% 60 - 80 bps Continued focus on operational excellence while investing to support our future growth Updated (in blue) Note: Amounts may not add due to rounding. dFMS = direct Foreign Military Sales SMRs = Small Modular Reactors

 
7 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright 2026 FINANCIAL GUIDANCE (As of November 4, 2026) ($ in Millions, except EPS) 2026E (Prior) 2026E (Current) Change vs 2025 Adjusted Key Drivers of 2026 Performance Total Sales $3,768 - $3,813 $3,795 - $3,840 8 - 10% Accelerating the pace of Revenue and Operating Income growth to deliver Record FY26 financial performanceTotal Operating Income $720 - $736 $731 - $744 12 - 14% Other Income ~$34 $31 - $32 ▪ Reduced YOY interest income due to H2’26 share repurchase activity Interest Expense ~($41) ~($41) ▪ Lower YOY interest expense; $200M 4.24% Sr. Notes due Dec 2026 Tax Rate 21.5% 21.5% ▪ Continued tax optimization (40 bps YOY decrease) Diluted EPS $15.10 - $15.40 $15.40 - $15.60 16 - 18% Compounding Earnings in excess of Investor Day target Diluted Shares Outstanding 37.1 36.9 ▪ Expanded 2026 share repurchase program highlights focus on strategic capital allocation ▪ Benefit of record share repurchases in 2025 Free Cash Flow $585 - $605 $595 - $615 8 - 11% Strong Free Cash Flow generation, incl. Higher Growth CapEx FCF Conversion ~105% ~105% ▪ FCF conversion remains in line with Investor Day target Capital Expenditures $110 - $120 $105 - $115 ▪ Accelerated growth investments in 2026, highlighted by N&P segment facility expansion Depreciation & Amortization $115 - $120 $115 - $120 Updated (in blue) Note: Amounts may not add due to rounding.

 
8 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright EXECUTING OUR PIVOT TO GROWTH STRATEGY, DRIVING CONSISTENT FINANCIAL PERFORMANCE ▪ Accelerating Organic Growth across our A&D and Commercial markets ▪ Advancing our strategy with the right talent, systems, and infrastructure ▪ Strategically aligned to the fastest medium- and long-term growth vectors across our markets, with significant upside optionality in Commercial Nuclear ▪ Driving consistent Operating Margin expansion through operational and commercial excellence initiatives ▪ Fueling the innovation engine by investing in R&D at a faster pace than sales ▪ Compounding Earnings at a mid-teens plus pace ▪ Generating record Free Cash Flow, supported by efficient working capital management ▪ Maintaining disciplined and strategic capital allocation ▪ Delivering exceptional, record results for our shareholders ON TRACK TO EXCEED 2024 – 2026 FINANCIAL TARGETS 3-YEAR TARGETS1 (2024 – 2026) >5% Organic Revenue CAGR Operating Income Growth > Revenue Growth Top Quartile Margin Performance >10% EPS CAGR >105% FCF Conversion ✓ ~9% Org. (10% Total) ✓ 14% Op. Income CAGR ✓ ~19%+ Op. Margin +190 bps since 2023 ✓ ~18% EPS CAGR ✓ 110% Avg. FCF Conversion PROGRESS2 (2024 – 2026E) 1 Targets established at Company’s May 2024 Investor Day 2 Reflects performance period inclusive of midpoint of FY26 financial guidance

 
9 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright Appendix

 
10 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright 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 provide more relevant 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 Sales, Operating Income, Operating Margin, Net Earnings and Diluted 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; (ii) costs associated with the Company's 2026 Restructuring Program in the current period and the Company's 2024 Restructuring Program in the prior period, as applicable; and (iii) and gains/losses associated with recording equity securities held for investment purposes at fair value. 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 2026 Restructuring Program in the current period and the Company's 2024 Restructuring Program in the prior period, 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 net 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. NON-GAAP FINANCIAL INFORMATION

 
11 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright ($ in millions) Q3’26 Q3’25 Change Key Drivers Aerospace Defense $186 $161 16% ▪ Increased sales of actuation equipment and sensors products supporting domestic and international fighter jet programs, as well as embedded computing revenues supporting various helicopter and fighter jet programs Ground Defense $96 $97 (1%) ▪ Timing of production on IFPC program (EM actuation) mainly offset by increased dFMS sales (turret drive stabilization systems) ▪ Flat tactical communications revenues Naval Defense $272 $246 10% ▪ Timing of production on both Columbia-class and Virginia-class submarine programs ▪ Higher aftermarket revenues supporting aircraft carriers through refueling and overhaul programs Commercial Aerospace $120 $114 6% ▪ Solid growth in OEM sales driven by narrowbody and widebody production ▪ Partially offset by timing of sales of avionics equipment Total A&D Markets $674 $618 9% Power & Process $165 $150 10% ▪ Increased Commercial Nuclear sales supporting next-generation advanced reactors (SMRs) combined with higher revenues from government nuclear projects General Industrial $114 $102 12% ▪ Higher sales of industrial vehicle products serving domestic on-highway and global off-highway vehicle platforms Total Commercial Markets $279 $251 11% Total Curtiss-Wright $953 $869 10% THIRD QUARTER 2026: END MARKET SALES GROWTH Note: Amounts may not add due to rounding.

 
12 | November 5, 2026 | Proprietary | © 2026 Curtiss-Wright 2026E END MARKET SALES WATERFALL (as of November 4, 2026) 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 Commercial Nuclear 88% Domestic & Int’l Aftermarket + Govt. Nuclear 12% New Build Gen III / Gen IV (Advanced SMRs) 70% $2.67B 30% $1.15B Industrial Vehicles 19% 11% ~65% 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 ~35% Pumps / Valves / Steam Turbines (Nuclear naval propulsion) Ground AM ~35% Total 2026 CW End Markets $3.795 - 3.840B General IndustrialNaval Commercial Aerospace Power & Process Tactical communications, Turret drive stabilization systems, EM Actuation Principally Repair and Overhaul Aerospace & Defense Markets Commercial Markets 27% 13% 20% 10% ~90% ~10% Embedded computing, sensors, actuation, arresting systems 60% Narrowbody / 40% Widebody Linked to Boeing/Airbus production Aerospace OEM FY’26 Guidance: Overall UP 8 - 10% A&D Markets UP 8 - 10% Comm’l Markets UP 8 - 10%