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): July 26, 2007
CURTISS WRIGHT CORPORATION
( Exact Name of Registrant as Specified in Its Charter)

Delaware  	1-134  	13-0612970  	
 	
State or Other  	Commission File  	IRS Employer  	
Jurisdiction of  	Number  	Identification No.  	
Incorporation or  	 	 	
Organization  	 	 	

 	4 Becker Farm Road  	 	 	
 	Roseland, New Jersey  	07068  	 	
 	Address of Principal Executive Offices  	Zip Code  	 	

Registrant's telephone number, including area code: (973) 597-4700
--------------
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))

SECTION 2 – FINANCIAL INFORMATION
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION .
      On July 26, 2007, the Company issued a press release announcing financial results for the second quarter ended June 30, 2007. A copy of this press release is attached hereto as Exhibit 99.1. A conference call and webcast presentation will be held on Friday, July 27, 2007 at 9:00am EDT for management to discuss the Company's 2007 second quarter performance. Martin R. Benante, Chairman and CEO, and Glenn E. Tynan, CFO, will host the call.
      The financial press release and access to the webcast will be posted on Curtiss-Wright's website at www.curtisswright.com. For those unable to participate, a webcast replay will be available for 90 days on the Company's website beginning one hour after the call takes place. A conference call replay will also be available for 30 days by dialing (888) 286-8010 (Domestic) or (617) 801-6888 (International), and enter Passcode 52406532
      The information contained in this Current Report, including Exhibit 99.1, 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 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)      	Exhibits.	
 	 	 	
 	 	99.1 Press Release dated July 26, 2007	
2

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

 	CURTISS WRIGHT CORPORATION  	

 	By:	/s/ Glenn E. Tynan  	
 		Glenn E. Tynan  	
 		Vice-President and  	
 		Chief Financial Officer  	

Date: July 26, 2007
3

EXHIBIT INDEX

Exhibit  	 	 	
Number  	 	Description  	
 	
99.1  	 	Press Release, dated July 26, 2007.  	

4

		
FOR IMMEDIATE RELEASE
CURTISS-WRIGHT REPORTS 2007 SECOND QUARTER AND SIX
MONTH FINANCIAL RESULTS; INCREASES GUIDANCE
- - -

Sales increase 18%; Operating Income up 16%;
Backlog at Record Level
ROSELAND, NJ – July 26, 2007 – Curtiss-Wright Corporation (NYSE: CW) today reports financial results for the second quarter and six months ended June 30, 2007. The highlights are as follows:
Second Quarter 2007 Operating Highlights
·	Net sales for the second quarter of 2007 increased 18% to $365.6 million from $309.6 million in the second quarter of 2006.

·	Operating income in the second quarter of 2007 increased 16% to $38.4 million from $33.1 million in the second quarter of 2006.

·	Net earnings for the second quarter of 2007 increased 1% to $21.4 million, or $0.48 per diluted share, from $21.1 million, or $0.48 per diluted share, in the second quarter of 2006. Net earnings for the second quarter of 2006 were favorably impacted by a lower effective tax rate resulting from one-time tax benefits of $3.6 million.
Six Months 2007 Operating Highlights
·	Net sales for the first six months of 2007 increased 18% to $698.2 million from $592.2 million in the first six months of 2006.

·	Operating income in the first six months of 2007 increased 27% to $73.6 million from $57.7 million in the first six months of 2006.

·	Net earnings for the first six months of 2007 increased 23% to $40.9 million, or $0.91 per diluted share, from $33.4 million, or $0.75 per diluted share, in the first six months of 2006. Net earnings for the first six months of 2006 were favorably impacted by a lower effective tax rate resulting from one-time tax benefits of $3.6 million.

·	New orders received in the first six months of 2007 were $758.3 million, up 16% compared to the first six months of 2006. At June 30, 2007, our record high backlog was $1,042 million, up 19% from $875.5 million at December 31, 2006.

Curtiss-Wright Corporation, Page 2
“We are pleased to report increased sales and operating income for the second quarter of 2007,” commented Martin R. Benante, Chairman and CEO of Curtiss-Wright Corporation. Our solid operating income performance in the second quarter was led by our Motion Control and Metal Treatment segments, which experienced organic operating income growth of 19% and 11%, respectively, compared to the prior year period. From a market perspective, our commercial sales continue to be strong with 20% overall organic sales growth in the second quarter of 2007, driven primarily by organic growth of 53% in the oil and gas market and 21% in the commercial aerospace market. Our record backlog is a clear indication of the success of our products and programs and provides great momentum for the second half of the year. We continue to invest in a number of military and commercial development programs and we expect these investments to provide future growth opportunities and improved profitability. Additionally, during the second half of the year, the ramp up of our military and commercial programs will generate higher operating margins.”
Sales
Sales growth in the second quarter of 2007 was driven by organic growth in some of our base businesses and contributions from our 2007 and 2006 acquisitions as compared to the prior year period. The base businesses generated overall organic sales growth of 12% for the second quarter 2007 as compared to the prior year period. The organic sales growth in the second quarter of 2007 was driven by our Flow Control and Motion Control segments, which experienced organic sales growth of 14% and 13%, respectively, compared to the prior year period. Our Metal treatment segment achieved organic sales growth of 9% in the second quarter of 2007 as compared to the prior year period. In the second quarter of 2007, acquisitions made since March 31, 2006 contributed $17.6 million in incremental sales over the comparable prior year period.
In our base businesses, higher sales from our Motion Control segment to the commercial aerospace and ground defense markets, higher sales from our Flow Control segment to the oil and gas and general industrial markets, and higher sales from our Metal Treatment segment of global shot peening and specialty coatings services all contributed to the quarterly organic sales growth. In addition, foreign currency translation positively impacted sales by $4.0 million for three months ended June 30, 2007, as compared to the prior year period.
Operating Income
Operating income for the second quarter of 2007 increased 16% over the comparable prior year period. The organic operating income growth for the second quarter of 2007 was 13%, led by our Motion Control and Metal Treatment segments, which experienced solid organic growth of 19% and 11%, respectively, compared to the prior year period. The organic operating income for our Flow Control segment decreased 25%, mainly due to cost overruns on a development contract for the U.S. Navy and business consolidation costs and related labor inefficiencies. In addition, the Flow Control segment continues to invest in development on certain commercial programs, which have an adverse impact on the margins in the short-term, but should provide good growth opportunities in the future. Non-segment operating income (expense) improved $3.4 million primarily due to lower unallocated medical costs under the Company’s self-insured medical insurance plan and lower pension expense. In addition, foreign currency translation favorably impacted operating income by $0.4 million for the second quarter 2007, compared to the prior year period.

Curtiss-Wright Corporation, Page 3
Net Earnings
Net earnings increased 1% for the second quarter of 2007 over the comparable prior year period. Operating income from our business segments increased $1.9 million for the second quarter of 2007 over the prior year period. Our effective tax rate for the second quarter of 2006 was favorably impacted by one-time tax benefits of $3.6 million. Interest expense for the second quarter of 2007 was down due to lower debt levels, partially offset by higher interest rates, as compared to the prior year period.
Cash Flow
Net cash provided by operating activities for the first six months of 2007 was $53.1 million, a significant improvement from $1.0 million in the first six months of 2006. Our 2007 free cash flow, defined as cash flow from operations less capital expenditures, was $29.1 million for the first six months of 2007, as compared to a loss of ($16.1) million in the first six months of 2006. All three operating segments experienced improved results. The improved cash flow resulted primarily from $36 million in advance payments received in the second quarter of 2007 for the AP1000 program. In addition, higher earnings and more efficient working capital management contributed to the improvement.
Segment Performance
Flow Control – Sales for the second quarter of 2007 were $163.2 million, up 26% over the comparable period last year due to solid organic growth and the contribution from the 2006 and 2007 acquisitions. Sales from the base businesses increased 14% in the second quarter of 2007 as compared to the prior year period. This organic sales growth was due to higher sales to the oil and gas market, led by increased demand for coker valve products, as well strong sales of other valves and field service work within the market as worldwide refineries continue to invest in increasing capacity, improving worker safety, and operational efficiencies. Sales of this segment were positively affected by foreign currency translation of $0.5 million in the second quarter of 2007 compared to the prior year period.
Operating income for this segment decreased 17% in the second quarter of 2007 compared to the prior year period. This segment’s organic operating income decreased 25% in the second quarter of 2007 due to cost overruns on certain U.S. Navy development contracts. In addition, labor inefficiencies, business consolidation costs, and higher material costs experienced within our oil and gas market contributed to the operating income decline. This segment continues to invest in development on certain commercial programs, which have an adverse impact on the margins in the short-term, but should provide good opportunity in the future. These items were partially offset by the higher sales volume. Operating income of this segment was minimally affected by foreign currency translation in the second quarter of 2007 compared to the prior year period.
Motion Control – Sales for the second quarter of 2007 of $138.9 million increased 13%, all organic, over the comparable period last year. This growth was due primarily to higher sales of OEM actuator and sensor products and repair and overhaul services to the commercial aerospace market, and increased sales of embedded computing products to the ground defense market,

Curtiss-Wright Corporation, Page 4
partially offset by lower sales to other governmental agencies. Sales of this segment were favorably affected by foreign currency translation of $1.6 million in the second quarter of 2007 compared to the prior year period.
Operating income for this segment increased 19% for the second quarter of 2007 compared to the prior year period. The operating income increase was primarily driven by higher volume and lower operating costs. These improvements were partially offset by higher production start up costs relative to new programs, lower margins resulting from less favorable sales mix, increased material costs, and unfavorable foreign currency translation of $0.1 million in the second quarter of 2007 compared to the prior year period.
Metal Treatment – Sales for the second quarter of 2007 of $63.4 million were 11% higher than the comparable period last year. The improvement was mainly due to organic sales growth of 9% and the contribution from our 2006 acquisition. The organic sales growth was driven by higher global shot peening revenues in the commercial aerospace market along with strong demand in the specialty coatings business from the automotive and commercial aerospace markets. Sales of this segment were favorably affected by foreign currency translation of $1.8 million in the second quarter of 2007 compared to the prior year period.
Operating income increased 12% for the second quarter of 2007 as compared to the prior year period, primarily as a result of the higher sales volume. Operating income of this segment was favorably affected by foreign currency translation of $0.6 million in the second quarter of 2007 compared to the prior year period.
Mr. Benante concluded, “Primarily as a result of our two recent acquisitions, we are updating our guidance for the full year 2007. We expect our revenues to be in the range of $1.50 billion to $1.52 billion; operating income in the range of $174 million to $181 million; and fully diluted earnings per share in the range of $2.10 to $2.20. The revised 2007 guidance includes minimal impact on sales, operating income, and EPS resulting from the recently announced AP1000 contract award. In addition, we are also updating our free cash flow guidance to a range of $90 million to $100 million to reflect the anticipated impact of the AP1000 program.”
“In 2007, we should once again demonstrate our ability to generate long-term shareholder value by growing our sales and earnings. Our historical performance demonstrates our ability to execute our strategy and achieve our financial targets. Our solid performance in the first half of 2007 continues this trend. We expect the second half of 2007 to be even stronger as many of our defense programs ramp up, our commercial markets continue to strengthen, and we realize additional benefits of our integration and cost control efforts. We continue to experience increased demand for our new technologies, many of which are only at the beginning of their life cycles, which should provide strong returns to our shareholders into the future. Our diversification strategy, the continued successful integration of our acquisitions, and ongoing emphasis on advanced technologies should continue to generate growth opportunities in each of our three business segments in 2007 and beyond.”
**********

Curtiss-Wright Corporation, Page 5
The Company will host a conference call to discuss the second quarter 2007 results at 9:00 EST Friday, July 27, 2007. A live webcast of the call can be heard on the Internet by visiting the company’s website at www.curtisswright.com and clicking on the investor information page or by visiting other websites that provide links to corporate webcasts.
(Tables to Follow)

Curtiss-Wright Corporation, Page 6
CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EARNINGS
(In thousands, except per share data)

 	 	Three Months Ended	 	Six Months Ended	 	Three Months	 	Six Months	
 	 	June 30,	 	June 30,	 	Change	 	Change	
 	 	2007	 	 	2006	 	 	2007	 	 	2006	 	 	    $	 	%	 	      $	 	%	
 	
Net sales	 	$	365,576	 	 	$	309,635	 	 	$	698,185	 	 	$	592,187	 	 	$	55,941	 	18.07	%	 	$	105,998	 	17.90	%	
Cost of sales	 	 	247,553	 	 	 	204,082	 	 	 	468,775	 	 	 	394,573	 	 	 	43,471	 	21.30	%	 		74,202	 	18.81	%	
    Gross profit	 	 	118,023	 	 	 	105,553	 	 	 	229,410	 	 	 	197,614	 	 	 	12,470	 	11.81	%	 	 	31,796	 	16.09	%	
 	
Research & development expenses	 	 	11,487	 	 	 	11,333	 	 	 	22,826	 	 	 	21,304	 	 	 	154	 	1.36	%	 	 	1,522	 	7.14	%	
Selling expenses	 	 	22,331	 	 	 	19,280	 	 	 	42,603	 	 	 	37,622	 	 	 	3,051	 	15.82	%	 	 	4,981	 	13.24	%	
General and administrative expenses	 	 	45,488	 	 	 	41,442	 	 	 	89,849	 	 	 	80,784	 	 	 	4,046	 	9.76	%	 	 	9,065	 	11.22	%	
Environmental remediation and administrative	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
    expenses, net	 	 	162	 	 	 	327	 	 	 	324	 	 	 	89	 	 	 	(165	)	-50.46	%	 	 	235	 	264.04	%	
Loss on sale of fixed assets	 	 	146	 	 	 	94	 	 	 	257	 	 	 	119	 	 	 	52	 	55.32	%	 	 	138	 	115.97	%	
 	
    Operating income	 	 	38,409	 	 	 	33,077	 	 	 	73,551	 	 	 	57,696	 	 	 	5,332	 	16.12	%	 	 	15,855	 	27.48	%	
 	
Other income, net	 	 	466	 	 	 	9	 	 	 	1,350	 	 	 	313	 	 	 	457	 	5077.78	%	 	 	1,037	 	331.31	%	
Interest expense	 	 	(5,704	)	 	 	(5,948	)	 	 	(11,204	)	 	 	(11,382	)	 	 	244	 	-4.10	%	 	 	178	 	-1.56	%	
 	
Earnings before income taxes	 	 	33,171	 	 	 	27,138	 	 	 	63,697	 	 	 	46,627	 	 	 	6,033	 	22.23	%	 	 	17,070	 	36.61	%	
Provision for income taxes	 	 	11,781	 	 	 	6,046	 	 	 	22,804	 	 	 	13,257	 	 	 	5,735	 	94.85	%	 	 	9,547	 	72.01	%	
 	
Net earnings	 	$	21,390	 	 	$	21,092	 	 	$	40,893	 	 	$	33,370	 	 	$	298	 	1.41	%	 	$	7,523	 	22.55	%	
 	
Basic earnings per share	 	$	0.48	 	 	$	0.48	 	 	$	0.93	 	 	$	0.76	 	 	 	 	 	 	 	 	 	 	 	 	 	
Diluted earnings per share	 	$	0.48	 	 	$	0.48	 	 	$	0.91	 	 	$	0.75	 	 	 	 	 	 	 	 	 	 	 	 	 	
 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Dividends per share	 	$	0.06	 	 	$	0.06	 	 	$	0.12	 	 	$	0.12	 	 	 	 	 	 	 	 	 	 	 	 	 	
 	
Weighted average shares outstanding:	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
    Basic	 	 	44,256	 	 	 	43,807	 	 	 	44,200	 	 	 	43,714	 	 	 	 	 	 	 	 	 	 	 	 	 	
    Diluted	 	 	44,915	 	 	 	44,295	 	 	 	44,815	 	 	 	44,208	 	 	 	 	 	 	 	 	 	 	 	 	 	

Curtiss-Wright Corporation, Page 7
CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands)

 	 	June 30,	 	December 31,	 	Change	
 	 	2007	 	2006	 	$	 	 	%	
Assets	 	 	 	 	 	 	 	 	 	 	 	 	 	
  Current Assets:	 	 	 	 	 	 	 	 	 	 	 	 	 	
      Cash and cash equivalents	 	$	66,777	 	$	124,517	 	$	(57,740	)	 	-46.4	%	
      Receivables, net	 	 	332,107	 	 	284,774	 	 	47,333	 	 	16.6	%	
      Inventories, net	 	 	207,584	 	 	161,528	 	 	46,056	 	 	28.5	%	
      Deferred income taxes	 	 	24,834	 	 	32,485	 	 	(7,651	)	 	-23.6	%	
      Other current assets	 	 	22,086	 	 	19,341	 	 	2,745	 	 	14.2	%	
        Total current assets	 	 	653,388	 	 	622,645	 	 	30,743	 	 	4.9	%	
  Property, plant, and equipment, net	 	 	306,257	 	 	296,652	 	 	9,605	 	 	3.2	%	
  Prepaid pension costs	 	 	56,646	 	 	92,262	 	 	(35,616	)	 	-38.6	%	
  Goodwill, net	 	 	507,448	 	 	411,101	 	 	96,347	 	 	23.4	%	
  Other intangible assets, net	 	 	194,937	 	 	158,080	 	 	36,857	 	 	23.3	%	
  Other assets	 	 	14,033	 	 	11,416	 	 	2,617	 	 	22.9	%	
 	
        Total Assets	 	$	1,732,709	 	$	1,592,156	 	$	140,553	 	 	8.8	%	
 	
Liabilities	 	 	 	 	 	 	 	 	 	 	 	 	 	
  Current Liabilities:	 	 	 	 	 	 	 	 	 	 	 	 	 	
      Short-term debt	 	$	846	 	$	5,874	 	$	(5,028	)	 	-85.6	%	
      Accounts payable	 	 	111,453	 	 	96,023	 	 	15,430	 	 	16.1	%	
      Accrued expenses	 	 	83,513	 	 	81,532	 	 	1,981	 	 	2.4	%	
      Income taxes payable	 	 	8,141	 	 	23,003	 	 	(14,862	)	 	-64.6	%	
      Deferred revenue	 	 	110,222	 	 	57,305	 	 	52,917	 	 	92.3	%	
      Other current liabilities	 	 	41,547	 	 	28,388	 	 	13,159	 	 	46.4	%	
        Total current liabilities	 	 	355,722	 	 	292,125	 	 	63,597	 	 	21.8	%	
  Long-term debt	 	 	408,991	 	 	359,000	 	 	49,991	 	 	13.9	%	
  Deferred income taxes	 	 	53,747	 	 	57,055	 	 	(3,308	)	 	-5.8	%	
  Accrued pension & other postretirement benefit costs	 	 	39,112	 	 	71,006	 	 	(31,894	)	 	-44.9	%	
  Long-term portion of environmental reserves	 	 	20,921	 	 	21,220	 	 	(299	)	 	-1.4	%	
  Other liabilities	 	 	32,374	 	 	29,676	 	 	2,698	 	 	9.1	%	
        Total Liabilities	 	 	910,867	 	 	830,082	 	 	80,785	 	 	9.7	%	

Stockholders' Equity	 	 	 	 	 	 	 	 	 	 	 	 	 	
  Common stock, $1 par value	 	 	47,626	 	 	47,533	 	 	93	 	 	0.2	%	
  Additional paid in capital	 	 	74,152	 	 	69,887	 	 	4,265	 	 	6.1	%	
  Retained earnings	 	 	751,099	 	 	716,030	 	 	35,069	 	 	4.9	%	
  Accumulated other comprehensive income	 	 	70,115	 	 	55,806	 	 	14,309	 	 	25.6	%	
 	 	 	942,992	 	 	889,256	 	 	53,736	 	 	6.0	%	
  Less: cost of treasury stock	 	 	121,150	 	 	127,182	 	 	(6,032	)	 	-4.7	%	
 	
        Total Stockholders' Equity	 	 	821,842	 	 	762,074	 	 	59,768	 	 	7.8	%	
 	
        Total Liabilities and Stockholders' Equity	 	$	1,732,709	 	$	1,592,156	 	$	140,553	 	 	8.8	%	

Curtiss-Wright Corporation, Page 8
CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
SEGMENT INFORMATION
(In thousands)

 	 	Three Months Ended	 	Six Months Ended	
 	 	June 30,	 	June 30,	
 	 	 	 	 	 	 	 	 	 	    %	 	 	 	 	 	 	 	 	 	%	
 	 	2007	 	 	2006	 	 	Change	 	2007	 	 	2006	 	 	Change	
Sales:	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Flow Control	 	$	163,198	 	 	$	129,291	 	 	26.2	%	 	$	300,891	 	 	$	250,458	 	 	20.1	%	
Motion Control	 	 	138,949	 	 	 	123,111	 	 	12.9	%	 	 	270,206	 	 	 	230,857	 	 	17.0	%	
Metal Treatment	 	 	63,429	 	 	 	57,233	 	 	10.8	%	 	 	127,088	 	 	 	110,872	 	 	14.6	%	
 	
Total Sales	 	$	365,576	 	 	$	309,635	 	 	18.1	%	 	$	698,185	 	 	$	592,187	 	 	17.9	%	
 	
Operating Income:	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Flow Control	 	$	10,030	 	 	$	12,021	 	 	-16.6	%	 	$	20,025	 	 	$	22,887	 	 	-12.5	%	
Motion Control	 	 	15,585	 	 	 	13,071	 	 	19.2	%	 	 	28,870	 	 	 	18,126	 	 	59.3	%	
Metal Treatment	 	 	12,987	 	 	 	11,602	 	 	11.9	%	 	 	25,957	 	 	 	21,182	 	 	22.5	%	
 	
Total Segments	 	 	38,602	 	 	 	36,694	 	 	5.2	%	 	$	74,852	 	 	$	62,195	 	 	20.4	%	
Corporate & Other	 	 	(193	)	 	 	(3,617	)	 	-94.7	%	 	 	(1,301	)	 	 	(4,499	)	 	-71.1	%	
 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Total Operating Income	 	$	38,409	 	 	$	33,077	 	 	16.1	%	 	$	73,551	 	 	$	57,696	 	 	27.5	%	

Operating Margins:	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Flow Control	 	 	6.1	%	 	 	9.3	%	 	 	 	 	 	6.7	%	 	 	9.1	%	 	 	 	
Motion Control	 	 	11.2	%	 	 	10.6	%	 	 	 	 	 	10.7	%	 	 	7.9	%	 	 	 	
Metal Treatment	 	 	20.5	%	 	 	20.3	%	 	 	 	 	 	20.4	%	 	 	19.1	%	 	 	 	
Total Curtiss-Wright	 	 	10.5	%	 	 	10.7	%	 	 	 	 	 	10.5	%	 	 	9.7	%	 	 	 	

Curtiss-Wright Corporation, Page 9
CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
NON-GAAP FINANCIAL DATA (UNAUDITED)
(In thousands)

 	 	Three Months Ended	 	Six Months Ended	
 	 	June 30,	 	June 30,	
 	 	2007	 	2006	 	2007	 	2006	
Net Cash Used by Operating Activities	 	$	60,802	 	 	$	35,257	 	 	$	53,104	 	 	$	1,022	 	
     	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Capital Expenditures	 	 	(11,909	)	 	 	(9,451	)	 	 	(23,978	)	 	 	(17,137	)	
 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Free Cash Flow (1)	 	$	48,893	 	 	$	25,806	 	 	$	29,126	 	 	$	(16,115	)	
 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	
Cash Conversion (1)	 	 	229	%	 	 	122	%	 	 	71	%	 	 	(48	)%	

(1) The Corporation discloses free cash flow and cash conversion because the Corporation believes that they are measurements of cash flow that are available for investing and financing activities. Free cash flow is defined as net cash flow provided by operating activities less capital expenditures. Free cash flow represents cash generated after paying for interest on borrowings, income taxes, capital expenditures, and working capital requirements, but before repaying outstanding debt and investing cash or utilizing debt credit lines to acquire businesses and make other strategic investments. Cash conversion is defined as free cash flow divided by net earnings. Free cash flow, as we define it, may differ from similarly named measures used by entities and, consequently, could be misleading unless all entities calculate and define free cash flow in the same manner.

Curtiss-Wright Corporation, Page 10
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 a variety of metal treatment services. The firm employs approximately 6,300 people. More information on Curtiss-Wright can be found at www.curtisswright.com .
###
Certain statements made in this release, including statements about future revenue, organic revenue growth, quarterly and annual revenue, net income, organic operating income growth, future business opportunities, cost saving initiatives, 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; 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, 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, 2006 and subsequent reports filed with the Securities and Exchange Commission.
This press release and additional information is available at www.curtisswright.com .

Contact:        	Alexandra M. Deignan	
 	(973) 597-4734	
 	adeignan@curtisswright.com