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): October 26, 2016
CURTISS-WRIGHT CORPORATION
(Exact Name of Registrant as Specified in Its Charter)

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

13925 Ballantyne Corporate Place, Suite 400
Charlotte, North Carolina	28277	
Address of Principal Executive Offices	Zip Code	

Registrant’s telephone number, including area code:   (704) 869-4600
--------------

(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))

1

SECTION 2 – FINANCIAL INFORMATION
ITEM 2.02.   RESULTS OF OPERATIONS AND FINANCIAL CONDITION .
On Wednesday, October 26, 2016, the Company issued a press release announcing financial results for the third quarter ended September 30, 2016. A conference call and webcast presentation will be held on October 27, 2016 at 9:00 am EDT for management to discuss the Company's third quarter 2016 performance.  David C. Adams, Chairman and CEO, and Glenn E. Tynan, Vice President and CFO, 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 accompanying financial presentation will be posted on Curtiss-Wright's website at www.curtisswright.com. In addition, the Listen-Only dial-in number for domestic callers is (844) 220-4970, while international callers can dial (262) 558-6349.  For those unable to participate live, 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 seven days.
Conference Call Replay:
Domestic  (855) 859-2056
International (404) 537-3406
Passcode 88350075
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)  Exhibits.
99.1 Press Release dated October 26, 2016
99.2 Presentation shown during investor and securities analyst webcast on October 27, 2016

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:	October 26, 2016			

3

EXHIBIT INDEX

 Exhibit
Number	Description	
	 	
99.1	Press Release dated October 26, 2016	
99.2	Presentation shown during investor and securities analyst webcast on October 27, 2016	

4

Exhibit 99.1
Curtiss-Wright Reports Third Quarter 2016 Financial Results; Maintains Full-Year EPS And Increases Operating Margin  Guidance
CHARLOTTE, N.C.--(BUSINESS WIRE)--October 26, 2016--Curtiss-Wright Corporation (NYSE: CW) reported financial results for the third quarter and nine months ended September 30, 2016.
Third Quarter 2016 Highlights
·	Earnings per diluted share of $1.02, exceeding expectations;
·	Free cash flow of $100 million, resulting in free cash flow conversion of 218%, as defined herein;
·	Net sales of $507 million;
·	Operating income of $77 million;
·	Operating margin of 15.1%, up 300 basis points as compared with the prior period;
·	Backlog of $2.0 billion increased 6% from December 31, 2015; and
·	Share repurchase of approximately $25 million.
Full-Year 2016 Business Outlook
·	Increasing operating margin guidance by 10 basis points to new range of 14.3% to 14.5%, an increase of 100 to 120 basis points compared with pro forma 2015, despite a slight reduction to sales forecast;
·	Maintaining expectations for diluted earnings per share (EPS) of $4.00 to $4.15; and
·	Maintaining free cash flow guidance range of $300 million to $320 million.
“Our third quarter results were ahead of our expectations, led by strong margin improvement within the Defense and Power segments,” said David C. Adams, Chairman and CEO of Curtiss-Wright Corporation. “This performance was primarily driven by increased profitability on our embedded computing products serving the defense markets, as well as higher margins on the AP1000 program, as we continue to support new nuclear power plant construction in the U.S. and China. Further, Curtiss-Wright’s commitment to ongoing margin improvement initiatives is driving increased profitability and generating significant value for our shareholders, as we continue to mitigate challenging conditions in the nuclear aftermarket and general industrial end markets.”
“Looking at the remainder of 2016, we are raising our full-year operating margin guidance to 14.3% to 14.5%, a 100 to 120 basis point improvement compared with pro forma 2015 results. As a result, we expect to be in the top quartile of our peer group. In addition, we are maintaining our full-year free cash flow guidance range of $300 to $320 million, which reflects strong year-to-date free cash flow and efficient working capital management.”

Third Quarter 2016 Operating Results from Continuing Operations

(In thousands)	 	3Q-2016	 	 	3Q-2015	 	 	% Change	
Sales		$ 507,092			$ 525,535			(4%)	
Operating income		76,573			63,813			20%	
Operating margin		15.1%			12.1%			300 bps	
Sales
Sales of $507 million in the third quarter decreased $18 million, or 4%, compared to the prior year, primarily reflecting a $14 million decrease in organic sales as well as $4 million, or 1%, in unfavorable foreign currency translation. Third quarter 2016 sales primarily reflect continued lower demand in the energy sector within the Commercial/Industrial segment, as well as lower aftermarket sales in the Power segment. Those decreases were partially offset by higher AP1000 program and naval defense revenues in the Power segment.
From an end market perspective, sales to the defense markets increased 2%, while sales to the commercial markets decreased 7%, compared to the prior year.
Please refer to the accompanying tables for a breakdown of sales by end market.
Operating Income
Operating income in the third quarter was $77 million, an increase of $13 million, or 20%, compared to the prior year. These results reflect higher profitability on our embedded computing products in the Defense segment and on our AP1000 program in the Power segment, as well as a prior year one-time $7 million pension settlement charge that did not recur in 2016. This was partially offset by reduced operating income in the Commercial/Industrial segment resulting from lower sales volumes.
Operating margin was 15.1%, an increase of 300 basis points over the prior year, reflecting higher segment operating income and the benefits of our ongoing margin improvement initiatives, despite lower sales.
Non-segment Expense
Non-segment expenses decreased 65% compared with the prior year, principally due to lower pension expense resulting from the aforementioned prior year pension charge.
Net Earnings
Third quarter net earnings increased 20% compared with the prior year, as higher operating income was partially offset by higher interest expense, which increased by nearly $2 million compared to the prior year. In addition, the effective tax rate for the current quarter was 31.0%, essentially flat compared with the prior year.

Free Cash Flow

(In thousands)	 	3Q-2016	 	 	3Q-2015	
Net cash provided by operating activities		$ 110,581				$ 106,579		
Capital expenditures		(10,394	)			(8,159	)	
Free cash flow		$ 100,187				$ 98,420		
Free cash flow, defined as cash flow from operations less capital expenditures, was $100 million for the third quarter of 2016, an increase of $2 million compared with the prior year. Net cash provided by operating activities increased $4 million to $111 million, primarily due to higher cash earnings and advanced payments in the current year, partially offset by a large income tax refund in the prior year. Capital expenditures increased by $2 million to $10 million, due to increased investment in a facility expansion in the Commercial/Industrial segment.
New Orders and Backlog
New orders of $500 million in the third quarter increased 1% compared to the prior year, as higher orders within the Defense segment were mainly offset by lower orders within the Power segment. Backlog of $2.0 billion increased 6% from December 31, 2015, primarily due to growth in our naval defense businesses.
Other Items – Share Repurchase
During the third quarter, the Company repurchased 287,900 shares of its common stock for approximately $25 million.
Full-Year 2016 Guidance
The Company is updating its full-year 2016 financial guidance as follows:

	Prior Guidance	 	 	Current Guidance	 	 	Chg vs. 2015	
Total sales	$2.12 - $2.17 billion			$2.11 - $2.16 billion			Down 1 - 3%	
Operating income	$301 - $313 million			No change			Up 4 - 8%	
Operating margin	14.2% - 14.4%			14.3% - 14.5%			Up 100 - 120 bps	
Interest expense	$40 - $41 million			No change				
Diluted earnings per share	$4.00 - $4.15			No change			Up 7 - 11%	
Diluted shares outstanding	45.2 million			No change				
Free cash flow	$300 - $320 million			No change			Up 10 - 18%	
Notes:
Full-year 2016 growth rates reflect comparisons to 2015 Pro Forma results, which exclude the one-time China AP1000 fee of $20 million recognized in the fourth quarter of 2015.
Additionally, 2016 growth in free cash flow is comparable to adjusted free cash flow for 2015, which excludes the contribution to the Company’s corporate defined benefit pension plan of $145 million in 2015.
A more detailed breakdown of the Company’s 2016 guidance by segment and by market can be found in the accompanying schedules.

Third Quarter 2016 Segment Performance
Commercial/Industrial

(In thousands)	 	3Q-2016	 	 	3Q-2015	 	 	% Change	
Sales		$ 275,649			$ 292,557			(6%)	
Operating income		39,067			40,259			(3%)	
Operating margin		14.2%			13.8%			40 bps	
Sales for the third quarter were $276 million, a decrease of $17 million, or 6%, over the prior year. Organic sales decreased 5%, excluding $3 million in unfavorable foreign currency translation. In the general industrial market, we experienced a continued reduction in sales of severe-service valves, primarily serving the oil and gas markets, as well as lower sales for industrial vehicle products. Within the commercial aerospace market, sales were up slightly, primarily due to higher actuation systems sales to Boeing, partially offset by lower sales of surface treatment services.
Operating income in the third quarter was $39 million, down 3% from the prior year, while operating margin improved 40 basis points to 14.2%. The decrease in operating income primarily reflects lower sales volumes for industrial valves and surface treatment services. However, improved operating margin was primarily driven by higher profitability for industrial vehicle products, despite lower sales volumes, due to ongoing margin improvement initiatives. In addition, favorable foreign currency translation added $1 million to current quarter operating income.
Defense

(In thousands)	 	3Q-2016	 	 	 	3Q-2015	 	 	 	% Change	
Sales		$ 113,949				$ 117,444				(3%)	
Operating income		28,822				25,477				13%	
Operating margin		25.3%				21.7%				360 bps	
Sales for the third quarter were $114 million, a decrease of $3 million, or 3%, from the prior year. Organic sales decreased 2% from the prior year, excluding approximately $1 million in unfavorable foreign currency translation. In the aerospace defense market, we experienced lower sales of embedded computing products on various fighter jet and Intelligence, Surveillance and Reconnaissance (ISR) programs. In the ground defense market, we experienced higher sales of our ammunition handling systems. Within the commercial aerospace market, we experienced lower revenues for avionics and electronics equipment, primarily due to reduced helicopter demand.
Operating income in the third quarter was $29 million, an increase of $3 million, or 13%, compared to the prior year, while operating margin increased 360 basis points to 25.3%. These improvements in operating income and margin were driven primarily by favorable mix for our defense electronics products, despite flat sales volumes, as well as the benefits of our ongoing margin improvement initiatives. In addition, there were several non-recurring items that favorably impacted margins in the current quarter. These results were partially offset by lower profitability in our commercial avionics and electronics business. Favorable foreign currency translation added approximately $1 million to current quarter operating income.

Power

(In thousands)	 	3Q-2016	 	 	3Q-2015	 	 	% Change	
Sales		$ 117,494			$ 115,534			2%	
Operating income		14,130			13,545			4%	
Operating margin		12.0%			11.7%			30 bps	
Sales for the third quarter were $117 million, an increase of $2 million, or 2%, from the prior year. In the naval defense market, our results reflect higher development revenues supporting the ramp-up on the new Ohio-class replacement submarine program, as well as higher sales on the Electromagnetic Aircraft Launching System (EMALS) program. Those gains were partially offset by lower revenues on the CVN-79 aircraft carrier program as production is nearing completion. Within the power generation market, higher revenues on the AP1000 program were more than offset by lower aftermarket sales supporting currently operating nuclear reactors.
Operating income in the third quarter was $14 million, an increase of less than $1 million, or 4%, compared to the prior year, while operating margin increased 30 basis points to 12.0%. These results primarily reflect higher profitability on the AP1000 program, partially offset by reduced profitability in the aftermarket power generation business due to lower sales volumes.
Conference Call Information
The Company will host a conference call to discuss third quarter 2016 financial results at 9:00 a.m. EDT on Thursday, October 27, 2016. A live webcast of the call and the accompanying financial presentation will be made available on the internet by visiting the Investor Relations section of the Company’s website at www.curtisswright.com .

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED)	
($'s in thousands, except per share data)	
	 		 		 			 		 		 			
		Three Months Ended		Nine Months Ended	
		September 30,		Change		September 30,		Change	
		2016		2015		$	%		2016		2015		$	%	
Product sales		$	413,905			$	427,732			$	(13,827	)	(3	%)		$	1,244,148			$	1,313,290			$	(69,142	)	(5	%)	
Service sales		93,187	 		97,803	 		(4,616	)	(5	%)		299,218	 		303,638	 		(4,420	)	(1	%)	
Total net sales		507,092			525,535			(18,443	)	(4	%)		1,543,366			1,616,928			(73,562	)	(5	%)	
														 	
Cost of product sales		261,488			284,007			(22,519	)	(8	%)		806,092			864,701			(58,609	)	(7	%)	
Cost of service sales		61,128	 		56,034	 		5,094	 	9	%		195,515	 		193,286	 		2,229	 	1	%	
Total cost of sales		322,616			340,041			(17,425	)	(5	%)		1,001,607			1,057,987			(56,380	)	(5	%)	
														 	
Gross profit		184,476			185,494			(1,018	)	(1	%)		541,759			558,941			(17,182	)	(3	%)	
														 	
Research and development expenses		14,071			15,050			(979	)	(7	%)		44,467			45,633			(1,166	)	(3	%)	
Selling expenses		26,273			30,247			(3,974	)	(13	%)		85,025			90,440			(5,415	)	(6	%)	
General and administrative expenses		67,559	 		76,384	 		(8,825	)	(12	%)		210,342	 		220,778	 		(10,436	)	(5	%)	
														 	
Operating income		76,573			63,813			12,760		20	%		201,925			202,090			(165	)	0	%	
														 	
Interest expense		10,488			8,972			1,516		17	%		30,694			26,953			3,741		14	%	
Other income, net		483	 		161	 		322	 	NM		818	 		605	 		213	 	NM	
														 	
Earnings before income taxes		66,568			55,002			11,566		21	%		172,049			175,742			(3,693	)	(2	%)	
Provision for income taxes		(20,636	)		(16,860	)		(3,776	)	22	%		(53,335	)		(54,256	)		921	 	(2	%)	
Earnings from continuing operations		$	45,932	 	 		$	38,142	 		$	7,790	 	20	%		$	118,714	 		$	121,486	 		$	(2,772	)	(2	%)	
														 	
Loss from discontinued operations, net of tax		—			(4,258	)		4,258		NM		—			(45,874	)		45,874		NM	
		 		 		 			 		 		 		
Net earnings		$	45,932	 		$	33,884	 		$	12,048	 	36	%		$	118,714	 		$	75,612	 		$	43,102	 	57	%	
														 	
Basic earnings per share															
Earnings from continuing operations		$	1.04			$	0.82						$	2.67			$	2.58					
Earnings from discontinued operations		—	 		(0.09	)					—	 		(0.97	)				
Total		$	1.04	 		$	0.73	 					$	2.67	 		$	1.61	 				
														 	
Diluted earnings per share															
Earnings from continuing operations		$	1.02			$	0.80						$	2.63			$	2.53					
Earnings from discontinued operations		—	 		(0.09	)					—	 		(0.96	)				
Total		$	1.02	 		$	0.71	 					$	2.63	 		$	1.57	 				

Dividends per share		$	0.13	 		$	0.13	 					$	0.39	 		$	0.39	 				
														 	
Weighted average shares outstanding:															
Basic		44,323			46,366						44,457			47,082					
Diluted		44,997			47,395						45,128			48,106					
														 	
NM- not meaningful															

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES	
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)	
($'s in thousands, except par value)	

							 	
			September 30,		December 31,		Change	
			2016		2015		%	
Assets							
Current assets:							
	Cash and cash equivalents		$	452,053			$	288,697			57	%	
	Receivables, net		462,004			566,289			(18	%)	
	Inventories		399,638			379,591			5	%	
	Other current assets		49,438	 		40,306	 		23	%	
	Total current assets		1,363,133	 		1,274,883	 		7	%	
Property, plant, and equipment, net		387,458			413,644			(6	%)	
Goodwill		964,446			972,606			(1	%)	
Other intangible assets, net		283,670			310,763			(9	%)	
Other assets		15,277	 		17,715	 		(14	%)	
	Total assets		$	3,013,984	 		$	2,989,611	 		1	%	
							 	
Liabilities							
Current liabilities:							
	Current portion of long-term and short term debt		$	802			$	1,259			(36	%)	
	Accounts payable		133,101			163,286			(18	%)	
	Accrued expenses		116,778			131,863			(11	%)	
	Income taxes payable		6,461			7,956			(19	%)	
	Deferred revenue		196,609			181,671			8	%	
	Other current liabilities		34,264	 		37,190	 		(8	%)	
	Total current liabilities		488,015	 		523,225	 		(7	%)	
Long-term debt, net		966,040			951,946			1	%	
Deferred tax liabilities, net		73,650			54,447			35	%	
Accrued pension and other postretirement benefit costs		100,999			103,723			(3	%)	
Long-term portion of environmental reserves		14,534			14,017			4	%	
Other liabilities		83,731	 		86,830	 		(4	%)	
	Total liabilities		1,726,969	 		1,734,188	 		0	%	
							 	
Stockholders' equity							
Common stock, $1 par value		$	49,187			$	49,190			0	%	
Additional paid in capital		134,597			144,923			(7	%)	
Retained earnings		1,692,026			1,590,645			6	%	
Accumulated other comprehensive loss		(248,069	)		(225,928	)		10	%	
Less: cost of treasury stock		(340,726	)		(303,407	)		12	%	
	Total stockholders' equity		1,287,015	 		1,255,423	 		3	%	
			 		 			
	Total liabilities and stockholders' equity		$	3,013,984	 		$	2,989,611	 		1	%	

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES	
SEGMENT INFORMATION (UNAUDITED)	
($'s in thousands)	

		Three Months Ended		Nine Months Ended	
		September 30,		September 30,	
						Change						Change	
		2016		2015		%		2016		2015		%	
Sales:													
Commercial/Industrial		$	275,649			$	292,557			(6	%)		$	840,422			$	894,909			(6	%)	
Defense		113,949			117,444			(3	%)		333,301			350,595			(5	%)	
Power		117,494	 		115,534	 		2	%		369,643	 	 	371,424	 		0	%	
												 	
Total sales		$	507,092			$	525,535			(4	%)		$	1,543,366			$	1,616,928			(5	%)	
												 	
Operating income (expense):													
Commercial/Industrial		$	39,067			$	40,259			(3	%)		$	108,076			$	128,801			(16	%)	
Defense		28,822			25,477			13	%		64,276			67,895			(5	%)	
Power		14,130	 		13,545	 		4	%		44,872	 		34,511	 		30	%	
												 	
Total segments		$	82,019			$	79,281			3	%		$	217,224			$	231,207			(6	%)	
Corporate and other		(5,446	)		(15,468	)		65	%		(15,299	)		(29,117	)		47	%	
												 	
Total operating income		$	76,573	 		$	63,813	 		20	%		$	201,925	 		$	202,090	 		0	%	

Operating margins:													
Commercial/Industrial		14.2	%		13.8	%				12.9	%		14.4	%			
Defense		25.3	%		21.7	%				19.3	%		19.4	%			
Power		12.0	%		11.7	%				12.1	%		9.3	%			
Total Curtiss-Wright		15.1	%		12.1	%				13.1	%		12.5	%			
												 	
Segment margins		16.2	%		15.1	%				14.1	%		14.3	%			

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES	
SALES BY END MARKET (UNAUDITED)	
($'s in thousands)	

			Three Months Ended		Nine Months Ended	
			September 30,		September 30,	
							Change						Change	
			2016		2015		%		2016		2015		%	
Defense markets:														
Aerospace			$	77,990			$	81,758			(5	%)		$	215,586			$	228,865			(6	%)	
Ground			19,599			18,522			6	%		58,654			61,415			(4	%)	
Naval			100,054			96,229			4	%		297,512			286,113			4	%	
Other			4,391	 		1,410	 		211	%		8,185	 		4,960	 		65	%	
Total Defense			$	202,034			$	197,919			2	%		$	579,937			$	581,353			0	%	
													 	
Commercial markets:														
Aerospace			$	94,241			$	94,476			0	%		$	299,052			$	294,554			2	%	
Power Generation			89,600			87,371			3	%		285,030			294,848			(3	%)	
General Industrial			121,217	 		145,769	 		(17	%)		379,347	 		446,173	 		(15	%)	
Total Commercial			$	305,058			$	327,616			(7	%)		$	963,429			$	1,035,575			(7	%)	
			 		 				 		 			
Total Curtiss-Wright			$	507,092	 		$	525,535	 		(4	%)		$	1,543,366	 		$	1,616,928	 		(5	%)	
																							 	
Use 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 non-GAAP measures provide investors with additional insight into the Company’s ongoing business performance. 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. The following definitions are provided:
Organic Revenue and Organic Operating Income
The Corporation discloses organic revenue and organic operating income because the Corporation believes it provides investors with insight as to the Company’s ongoing business performance. Organic revenue and organic operating income are defined as revenue and operating income excluding the impact of foreign currency fluctuations and contributions from acquisitions made during the last twelve months.

	 	Three Months Ended	
		September 30,	
		2016 vs. 2015	
		Commercial/Industrial	 	Defense	 	Power	 	Total Curtiss-Wright	
		Sales	 	Operating
income		Sales	 	Operating
income		Sales	 	Operating
income	 		Sales	 	Operating
income	
Organic		(5	%)		(6	%)		(2	%)		10	%		2	%		4%	 		(3	%)		17	%	
Acquisitions		0	%		0	%		0	%		0	%		0	%		0%	 		0	%		0	%	
Foreign Currency		(1	%)		3	%		(1	%)		3	%		0	%		0%	 		(1	%)		3	%	
Total		(6	%)		(3	%)		(3	%)		13	%		2	%		4%	 	 	(4	%)		20	%	
																	 	
		Nine Months Ended	
		September 30,	
		2016 vs. 2015	
		Commercial/Industrial		Defense		Power		Total Curtiss-Wright	
		Sales		Operating
income		Sales		Operating
income		Sales		Operating
income	 		Sales		Operating
income	
Organic		(5	%)		(19	%)		(4	%)		(12	%)		0	%		30%	 		(4	%)		(4	%)	
Acquisitions		0	%		0	%		0	%		0	%		0	%		0%	 		0	%		0	%	
Foreign Currency		(1	%)		3	%		(1	%)		7	%		0	%		0%	 		(1	%)		4	%	
Total		(6	%)		(16	%)		(5	%)		(5	%)		0	%		30%	 	 	(5	%)		0	%	

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 cash flow provided by operating activities less 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 net earnings from continuing operations.

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES	
NON-GAAP FINANCIAL DATA (UNAUDITED)	
($'s in thousands)	

				Three Months Ended		Nine Months Ended	
				September 30,		September 30,	
				2016		2015		2016		2015	
										 	
Net cash provided by (used by) operating activities			$	110,581			$	106,579			$	267,212			$	(4,691	)	
Capital expenditures				(10,394	)		(8,159	)		(26,127	)		(23,848	)	
Free cash flow				$	100,187	 		$	98,420	 		$	241,085	 		$	(28,539	)	
										 	
Pension Payment				—			—			—			145,000		
				 		 		 		 	
Adjusted free cash flow				$	100,187	 		$	98,420	 		$	241,085	 		$	116,461	 	
										 	
Free Cash Flow Conversion				218	%		258	%		203	%		96	%	

CURTISS-WRIGHT CORPORATION
 	
2016 Guidance (from Continuing Operations)	
As of October 26, 2016	
($'s in millions, except per share data)	

	2015
Reported		2015 Pro
Forma*		2016 Guidance (Current)	
					Low		High	
Sales:								
Commercial/Industrial	$	1,185			$	1,185			$	1,120			$	1,145		
Defense	477			477			475			485		
Power	543	 		523	 		515	 		530	 	
Total sales	$	2,206			$	2,186			$	2,110			$	2,160		
							 	
Operating income:								
Commercial/Industrial	$	172			$	172			$	158			$	163		
Defense	99			99			96			100		
Power	75	 		55	 		70	 		73	 	
Total segments	346			326			324			336		
Corporate and other	(35	)		(35	)		(23	)		(24	)	
Total operating income	$	311	 		$	291	 		$	301	 		$	313	 	
							 	
Interest expense	$	(36	)		$	(36	)		$	(40	)		$	(41	)	
Earnings before income taxes	275			255			262			272		
Provision for income taxes	(83	)		(77	)		(81	)		(84	)	
Net earnings	$	192	 		$	178	 		$	181	 		$	188	 	
							 	
Reported diluted earnings per share	$	4.04			$	3.74			$	4.00			$	4.15		
Diluted shares outstanding	47.6			47.6			45.2			45.2		
Effective tax rate	30.1	%		30.1	%		31.0	%		31.0	%	

Operating margins:								
Commercial/Industrial	14.5	%		14.5	%		14.1	%		14.3	%	
Defense	20.7	%		20.7	%		20.3	%		20.5	%	
Power	13.8	%		10.5	%		13.6	%		13.8	%	
Total operating margin	14.1	%		13.3	%		14.3	%		14.5	%	
							 	
Note: Full year amounts may not add due to rounding	
* Excludes the one-time China AP1000 fee of $20 million recognized as revenue and operating income in the fourth quarter of 2015. This affects the Power segment and Total Curtiss-Wright.

CURTISS-WRIGHT CORPORATION	
2016 Sales Growth Guidance by End Market (from Continuing Operations)	
As of October 26, 2016	
		 	 		
	(Prior)			(Current)	
	2016 % Change vs 2015			2016 % Change vs 2015	
				 	
Defense Markets					
Aerospace	Flat			Flat	
Ground	(2 - 4%)			(2 - 4%)	
Navy	0 - 2%			6 - 8%	
Total Defense (Including Other Defense)	Flat			Up 1% to 3%	
				 	
Commercial Markets					
Commercial Aerospace	Flat			Flat	
Power Generation	0 - 2%			(1 - 3%)	
General Industrial	(5 - 9%)			(10 - 12%)	
Total Commercial	(2 - 4%)			(4 - 6%)	
				 	
Total Curtiss-Wright Sales	Down 1% to 3%			Down 1% to 3%	
				 	
Note: Full year amounts may not add due to rounding	
 	
* The Company’s full-year 2016 guidance reflects sales growth rates compared to 2015 Pro Forma results, which exclude the one-time China AP1000 fee of $20 million recognized as revenue in the fourth quarter of 2015. This affects 2016 growth rates for Power Generation, Total Commercial and Total Curtiss-Wright sales.

About Curtiss-Wright Corporation
Curtiss-Wright Corporation (NYSE: CW) is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing reliable solutions through trusted customer relationships. The company employs approximately 8,400 people worldwide. For more information, visit www.curtisswright.com .
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. 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 the 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, 2015, and subsequent reports filed with the Securities and Exchange Commission.
This press release and additional information are available at www.curtisswright.com .

CONTACT:
Curtiss-Wright Corporation
Jim Ryan, 704-869-4621
Jim.Ryan@curtisswright.com

Exhibit 99.2

1 | October 27, 2016 | © 2016 Curtiss-Wright 3Q 2016 Earnings Conference Call October 27, 2016 NYSE: CW

2 | October 27, 2016 | © 2016 Curtiss-Wright Safe Harbor Statement 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 including, among other things, management's estimates of future performance, revenue and earnings, our management's growth objectives 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. This presentation also includes certain non-GAAP financial measures with reconciliations being made available in the earnings release that is 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.

3 | October 27, 2016 | © 2016 Curtiss-Wright Reflection on 2016 Investor Day Shipment of the AP1000 RCPs

4 | October 27, 2016 | © 2016 Curtiss-Wright 2016 Third Quarter Performance and Business Outlook Diluted EPS of $1.02, ahead of expectations, reflecting: Solid profitability in the Defense and Power segments Benefits of ongoing operational improvement and cost control initiatives Operating Income up 20%; Operating Margin up 300 bps to 15.1% Net Sales decreased 4% Continued industrial and nuclear aftermarket headwinds Strong Free Cash Flow (FCF) of $100M, FCF conversion 218% 3Q Highlights FY 2016 Guidance Highlights Raising full-year Operating Margin guidance to 14.3 - 14.5% (+10 bps) Expect 100 - 120 bps of margin improvement YOY Improved execution driving margin expansion, despite lower sales Maintaining full-year Diluted EPS guidance of $4.00 - $4.15 Maintaining full-year FCF guidance of $300 - $320M

5 | October 27, 2016 | © 2016 Curtiss-Wright Third Quarter 2016 End Market Sales 3Q’16 Results: Defense Markets +2%; Commercial Markets (7%) Key Drivers: Aerospace Defense: Lower embedded computing sales on fighter jets and ISR programs Ground Defense: Higher sales of ammunition handling systems Naval Defense: Higher Ohio-class replacement submarine development revenues, partially offset by lower CVN-79 aircraft carrier production Commercial Aerospace: Higher actuation systems sales to Boeing, offset by lower sales of surface treatment services and avionics equipment Power Generation: Higher AP1000 revenues, partially offset by deferred maintenance spending in U.S. aftermarket General Industrial: Lower sales of valves (O&G market) and vehicle products (truck market) 3Q’16 Change vs. PY % of Total Sales Aero Defense (5%) 15% Ground Defense 6% 4% Naval Defense 4% 20% Total Defense Including Other Defense 2% 40% Commercial Aero Flat 19% Power Generation 3% 18% General Industrial (17%) 24% Total Commercial (7%) 60% Total Curtiss-Wright (4%) 100% Notes: Amounts may not add due to rounding.

6 | October 27, 2016 | © 2016 Curtiss-Wright Third Quarter 2016 Operating Income / Margin Drivers ($ in millions) 3Q’16 3Q’15 Change vs. 2015 Commercial / Industrial Margin $39.1 14.2% $40.3 13.8% (3%) 40 bps Defense Margin 28.8 25.3% 25.5 21.7% 13% 360 bps Power Margin 14.1 12.0% 13.5 11.7% 4% 30 bps Total Segments Operating Income $82.0 $79.3 3% Corp & Other ($5.4) ($15.5) 65% Total CW Op Income Margin $76.6 15.1% $63.8 12.1% 20% 300 bps Notes: All figures presented on a continuing operations basis. Amounts may not add down due to rounding.

7 | October 27, 2016 | © 2016 Curtiss-Wright 2016E End Market Sales Outlook*(Guidance as of October 26, 2016) Updated (in blue) FY2016E (Prior) FY2016E (Current) % of Total Sales Aero Defense Flat No change 14% Ground Defense (2 - 4%) No change 4% Naval Defense 0 - 2% 6 - 8% 20% Total Defense Including Other Defense Flat 1 - 3% 38% Commercial Aero Flat No change 19% Power Generation 0 - 2% (1 - 3%) 19% General Industrial (5 - 9%) (10 - 12%) 24% Total Commercial (2 - 4%) (4 - 6%) 62% Total Curtiss-Wright (1 - 3%) No change 100% * The Company’s full-year 2016 guidance reflects growth rates compared to 2015 Pro Forma results, which excludes the one-time China AP1000 fee of $20 million recognized in the fourth quarter of 2015. This affects 2016 growth rates for Power Generation, Total Commercial and Total Curtiss-Wright sales.

8 | October 27, 2016 | © 2016 Curtiss-Wright ($ in millions, except EPS) FY2016E (Prior) FY2016E (Current) Growth % vs 2015 Commercial / Industrial $1,130 - 1,155 $1,120 - 1,145 (3 - 5%) Defense $475 - 485 No change 0 - 2% Power $515 - 530 No change (2) - 1% Total Sales $2,120 - 2,170 $2,110 - 2,160 (1 - 3%) Commercial / Industrial Margin $165 – 170 14.6% - 14.8% $158 – 163 14.1% - 14.3% (5 - 8%) (20 - 40 bps) Defense Margin $92 – 96 19.5% - 19.7% $96 – 100 20.3% - 20.5% (3) - 1% (20 - 40 bps) Power Margin $68 – 71 13.2% - 13.4% $70 – 73 13.6% - 13.8% 27 - 33% +310 - 330 bps Corporate and Other ($24 - 25) ($23 - 24) 32 - 35% Total Operating Income CW Margin $301 – 313 14.2% - 14.4% No change 14.3% - 14.5% 4 - 8% +100 - 120 bps Diluted EPS $4.00 - 4.15 No change 7 - 11% 2016E Financial Outlook* (Guidance as of October 26, 2016) Updated (in blue) * The Company’s full-year 2016 guidance reflects growth rates compared to 2015 Pro Forma results, which excludes the one-time China AP1000 fee of $20 million recognized in the fourth quarter of 2015 from sales and operating income. Amounts may not add due to rounding.

9 | October 27, 2016 | © 2016 Curtiss-Wright 2016E Financial Outlook (Guidance as of October 26, 2016) Updated(in blue) ($ in millions) FY2016E (Prior) FY2016E (Current) Growth % vs 2015 Free Cash Flow (1) $300 - 320 No change 10 - 18% Free Cash Flow Conversion(2) 166 - 170% No change Capital Expenditures $45 - 55 No change Depreciation & Amortization $100 - 110 $90 – 100 (1) Free Cash Flow is defined as cash flow from operations less capital expenditures. 2016 growth rate is comparable to 2015 adjusted free cash flow of $272 million, which excludes the contribution to the Company’s corporate defined benefit pension plan of $145 million in 2015. (2) Free Cash Flow Conversion is calculated as free cash flow divided by net earnings from continuing operations.

10 | October 27, 2016 | © 2016 Curtiss-Wright Positioned to Deliver Strong 2016 Results Strong operating margin expansion, up 100 - 120 bps to 14.3 - 14.5%* – Mitigating impact of reduced sales – Benefit of margin improvement and cost control initiatives – Expect to be in top quartile of our peer group Solid growth in diluted EPS, up 7 - 11%* Strong free cash flow expectations (>$300 million) driven by new AP1000 order and lower working capital Committed to a balanced capital allocation strategy * The Company’s full-year 2016 guidance reflects growth rates compared to 2015 Pro Forma results, which excludes the one-time China AP1000 fee of $20 million recognized in the fourth quarter of 2015 from sales and operating income.

11 | October 27, 2016 | © 2016 Curtiss-Wright Appendix

12 | October 27, 2016 | © 2016 Curtiss-Wright 2016 End Market Sales Waterfall (Guidance as of October 26, 2016) Updated Sensors and Controls: Sensors, controls and industrial automation equipment Non-Nuclear: Surface Technologies services (peening, Note: Percentages in chart relate to Full-Year 2016 sales coatings); Fossil power gen equipment ($ Millions) Naval Aerospace Industrial Vehicles Ground Industrial Valves Surface Tech Services Sensors and Controls 13% Commercial Markets Aftermarket Nuclear 62% New Build / AP1000 General Industrial 19% 24% 62% 25% Non-Nuclear 21% 21% 24% 14% Power Generation 4% 20% Aircraft Equipment 70% Surface Tech Services 30% 19% 38% Defense Markets Total CW End Markets $2,110 - 2,160 34% Commercial Aerospace

13 | October 27, 2016 | © 2016 Curtiss-Wright Non-GAAP Reconciliation Organic Revenue and Organic Operating Income The Corporation discloses organic revenue and organic operating income because the Corporation believes it provides investors with insight as to the Company’s ongoing business performance. Organic revenue and organic operating income are defined as revenue and operating income excluding the impact of foreign currency fluctuations and contributions from acquisitions made during the last twelve months. Note: Amounts may not add due to rounding Sales Operating income Sales Operating income Sales Operating income Sales Operating income Organic (5%) (6%) (2%) 10% 2% 4% (3%) 17% Acquisitions 0% 0% 0% 0% 0% 0% 0% 0% Foreign Currency (1%) 3% (1%) 3% (0%) (0%) (1%) 3% Total (6%) (3%) (3%) 13% 2% 4% (4%) 20% Sales Operating income Sales Operating income Sales   Operating income Sales Operating income Organic (5%) (19%) (4%) (12%) (0%) 30% (4%) (4%) Acquisitions 0% 0% 0% 0% 0% 0% 0% 0% Foreign Currency (1%) 3% (1%) 7% (0%) 0% (1%) 4% Total (6%) (16%) (5%) (5%) (0%) 30% (5%) (0%) Nine Months Ended 2016 vs 2015 Commercial/Industrial Defense Power Total Curtiss-Wright September 30, Three Months Ended 2016 vs 2015 Commercial/Industrial Defense Power Total Curtiss-Wright September 30,