Curtiss-Wright 2019 Annual Report

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1929

Curtiss-Wright’s $220M initial public offering on New York Stock Exchange (NYSE) as largest aviation company in the U.S.
August 22, 1929

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Wall Street Crash of 1929 concludes with Dow Jones Industrial Average falling 23% over two days (Black Tuesday) October 24, 1929

Curtiss P-36 Hawk Fighter Plane developed, leading to largest peacetime aircraft order ever given by Army Air Corps
October 1, 1937

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1940

Curtiss-Wright’s infamous
P-40 War Hawk flies first combat mission; Total war-time production of 13,738 planes
June 1, 1941

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Japanese aircraft launch surprise attack on the major U.S. naval base at Pearl Harbor in Hawaii, leading to U.S. entry into WWII
December 7, 1941

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Curtiss-Wright employs 180,000 workers, ranks second among U.S. corporations in value of wartime production contracts (behind only General Motors)
January 1, 1942

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1950

Curtiss-Wright wins contract from United Airlines to provide first modern flight simulators for commercial aircraft pilots
June 30, 1954

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The USS Nautilus, the world’s first nuclear-powered submarine, is put to sea
January 17, 1955

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The first commercial nuclear power plant is commissioned in Shippingport, PA
May 26, 1958

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1960

Curtiss-Wright acquires Target Rock Corporation - marking the Company’s entry into the U.S. Navy and commercial nuclear markets
January 1, 1961

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The USS Enterprise (CVN-65) becomes the first nuclear-powered aircraft carrier
November 25, 1961

Curtiss-Wright receives first order for valves supporting commercial nuclear power plants
June 30, 1967

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Curtiss-Wright acquires Metal Improvement Company, critical provider of shot peening services to industrial and aerospace customers
January 2, 1968

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The Apollo 11 Moon Landing. Curtiss-Wright shot peened the foot pads on the lunar module
July 20, 1969

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1970

Curtiss-Wright licensed the Wankel rotary engine for automobile applications, later adapted for flight testing
November 2, 1970

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1980

Curtiss-Wright receives commercial contracts to peen-form wing skins for the complete family of McDonnell-Douglas transports, as well as the British Aerospace/ Airbus Industrie consortium’s (then) next-generation A320 airplane
June 30, 1988

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1990

Curtiss-Wright issues a special cash dividend of $30 per share to its shareholders
August 15, 1990

Emergence of the World Wide Web as a publicly-available Internet service
August 6, 1991

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Global Hawk Unmanned Aerial Vehicle (UAV) takes its first flight, included main mission computer developed by Curtiss-Wright
February 28, 1998

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Curtiss-Wright included in Forbes magazine’s list of America’s 200 Best Small Companies for 1999
November 1, 1999

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2000

Islamic extremist group al-Qaeda hijacks four airplanes and carries out attacks against targets in the United States
September 11, 2001

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Curtiss-Wright signs contract with Westinghouse to provide reactor coolant pumps for AP1000 commercial nuclear power plants in China
July 24, 2007

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2010

‘One Curtiss-Wright’ vision established at investor day event in New York; Focus on top-quartile metrics
December 11, 2013

Curtiss-Wright added to the S&P Mid-Cap 400 Index; Market capitalization crosses $4 Billion
January 22, 2016

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2019

Curtiss-Wright concludes its 90th year of trading with a market capitalization exceeding $6 Billion
December 31, 2019