Defense Market

			Delivering flight critical components on the U.S. military’s F/A-22, F-16 and F/A-18 fighters, and development work for the F-35 Joint Strike Fighter
			Developing software and integrated electronics to control Unmanned Aerial Vehicles like the Global Hawk and JUCAS X-45
			Providing electronic subsystems for the Mobile Gun System, a Stryker Light Armored Vehicle III variant
			Designing electronic upgrades for U.S. Army fighting vehicles, such as Bradley and Abrams, and U.S. Army helicopters for refurbishment and recalibrating capabilities
			Expanding product content on current U.S. Navy platforms like submarines and aircraft carriers
			Winning development competitions on next-generation, advanced technology programs such as the ElectroMagnetic gun and marine propulsion technology
			Winning ground defense contracts in Europe, Asia and the Middle East

Commercial Market

			Capturing 100% of the new installation market for oil refinery coke deheading valves with the most advanced technology available
			Creating new market applications for laser peening technology on turbine engines, aircraft structures, nuclear waste disposal, power generation and medical implants
			Penetrating markets with patented design for improved efficiency of tensioning operations in mining, oil drilling, power generation, and structural, heavy equipment
			Expanding aftermarket capabilities and winning new business globally

In addition, we made select acquisitions to strengthen our portfolio and expand market share in complementary high-performance defense and commercial markets. In 2004, Curtiss-Wright completed 11 acquisitions for an aggregate purchase price of approximately $260 million. These transactions provide Curtiss-Wright with additional technical capabilities, additions to our talented workforce and access to new markets.

In Flow Control, we acquired five businesses which provide balanced growth in military and commercial markets. Enhancing our U.S. Navy business, the acquisition of Government Marine Business Unit provides an opportunity to expand our content on naval surface platforms such as destroyers, amphibious ships, frigates, cruisers, mine warfare ships and foreign military programs. In the commercial markets, our acquisitions of Nova and Trentec provide sophisticated new products to offer through our strong commercial nuclear power distribution network. Our acquisition of Groquip provides a more competitive, local presence in the Gulf Coast region for our oil and gas product portfolio, and our acquisition of Imes expands our process safety management engineering services for oil and gas refineries.

In Motion Control, we completed four acquisitions -- Dy 4, Primagraphics, Synergy and Dexter-Wilson. Today, Curtiss-Wright’s Embedded Computing portfolio can support customers from board-level components to fully integrated, interoperable electronic systems. In addition, we made significant strides in the integration process of this business division, rebranding the complete portfolio under the Curtiss-Wright banner and streamlining global sales and marketing channels through two distinct yet complementary product groups, Subsystems and Modular Components.

In Metal Treatment, we strengthened our presence in the specialty coatings market with the acquisitions of Everlube and Evesham. These companies formulate and apply proprietary specialty coatings that enhance the operating performance and longevity of severe-service metal components. The acquisitions provide additional product capabilities for our significant customer base, as well as the opportunity to cross-market our complementary metal treatment services.