Curtiss-Wright Awarded $30.8 Million Contract For The US Army's Electromagnetic Gun - - - Flow Control Segment Prime Contractor

Curtiss-Wright Awarded $30.8 Million Contract For The US Army's
Electromagnetic Gun - - - Flow Control Segment Prime Contractor for Key
Technology Program 


ROSELAND, N.J., July 28  /PRNewswire-FirstCall/ -- Curtiss-Wright Corporation
(NYSE: CW; CW.B) was awarded a 36-month, $30.8 million contract for the design,
development, build and test of a compact pulsed power supply in support of the
US Army's Electromagnetic Gun (EM gun) Technology Maturation and Demonstration
program.  Curtiss-Wright's Flow Control segment will act as prime contractor
with responsibility for the overall machine design.

As the first step in the progression towards a fully fieldable electromagnetic
weapon system, the pulsed power supply is a key component of EM gun technology
envisioned to be part of the weapon systems of the future. Beyond the initial
three-year technology demonstration program, the program presents significant
additional development opportunities for all aspects of the EM Gun through the
next decade.

The Pulsed Power Supply (PPS) consists of two counter-rotating machines capable
of supporting the high power density requirements necessary to achieve target
defeat using kinetic energy projectiles launched at high speed.  The use of
pulsed power involves the storage of energy mechanically and converting it on
demand to electrical energy sufficient to achieve projectile velocities not
possible through the use of traditional chemical propellants.  Added advantages
include reduced space requirements for projectiles, elimination of the
explosive propellant, and synergy with the electric propulsion goals of the US
Army.

"We are pleased to support the US Army's agenda to utilize EM gun technology as
a cornerstone of future combat systems," said Martin R. Benante, Chairman and
CEO of Curtiss-Wright.  "We are excited about this opportunity as it places
Curtiss-Wright in a strong leadership position in the application of pulsed
power to support the strategic objectives and needs of all of the United States
Armed Forces, including the Army, Marine Corps and Navy."

Team members on this program include the University of Texas at Austin Center
for Electromechanics, Lockheed Martin Missiles and Fire Control in Dallas, TX
and Silicon Power Corporation of Exton, PA.

About Curtiss-Wright

Curtiss-Wright Corporation is a diversified company headquartered in Roseland,
New Jersey.  The Company designs, manufactures and overhauls products for
motion control and flow control applications, and provides of metal treatment
services.  The firm employs approximately 5,100 people worldwide.  More
information on Curtiss-Wright can be found on the Internet at
http://www.curtisswright.com/.

About Curtiss-Wright Flow Control

Headquartered in Farmingdale, New York, Curtiss-Wright Flow Control ("CWFC") is
the flow control segment of Curtiss-Wright Corporation.  Founded in 1951, CWFC
specializes in the design and manufacture of highly engineered valves, pumps
and related products for naval propulsion systems.  Today, CWFC's sophisticated
products are installed on every nuclear submarine and aircraft carrier
commissioned by the United States Navy and an integral part of worldwide
commercial nuclear power plants, oil and gas processing facilities, automotive
and general industrial markets.  For more information, visit
http://www.cwfc.com/.

Forward-looking statements in this release are made pursuant to the Safe Harbor
provisions of the Private Securities Litigation Reform Act of 1995. 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 government spending; an inability to perform
customer contracts at anticipated cost levels; and other factors that generally
affect the business of aerospace, defense contracting, marine, electronics and
industrial companies. Please refer to the Company's current SEC filings under
the Securities and Exchange Act of 1934, as amended, for further information. 

DATASOURCE: Curtiss-Wright Corporation



CONTACT:  Alexandra M. Deignan of Curtiss-Wright Corporation,

[phone]



Web site:  http://www.curtisswright.com/ 

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