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Curtiss-Wright Awarded Commercial Power Contract

February 02, 2005

Supply Of Control Drive Mechanisms And Integrated Reactor Vessel Head Services

ROSELAND, N.J., Feb 02, 2005 /PRNewswire-FirstCall via COMTEX/ -- Curtiss-Wright Corporation (NYSE: CW; CW.B) has been awarded a contract by Westinghouse Electric Company LLC to supply new control rod drive mechanisms (CRDMs) and associated services to support the Comanche Peak Steam Electric Station (CPSES) Unit 1 replacement reactor vessel closure head (RRVCH) project. The work will be performed by Curtiss-Wright Electro-Mechanical Corporation (EMD), a unit of Curtiss-Wright's Flow Control segment.

EMD will manufacture 53 CRDMs at its 640,000 square foot facility in Cheswick, Pennsylvania, install the CRDMs onto the RRVCH, being manufactured by Equipos Nucleares, S.A. (ENSA) in Spain, and deliver the integrated reactor vessel head assembly to CPSES in Glen Rose, Texas. The transport of the 170-ton package will involve a combination of truck and barge shipments. The package will be shipped by barge to the Gulf of Mexico via the Ohio and Mississippi rivers and off-loaded onto a truck in Houston, Texas for delivery by December 2006.

"This award represents a significant milestone for the expansion and growth of Curtiss-Wright products and services in the domestic commercial nuclear power market," said Martin R. Benante, Chairman and CEO of Curtiss-Wright.

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 5,600 people worldwide. More information on Curtiss-Wright can be found on the Internet at

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.

SOURCE Curtiss-Wright Corporation

Alexandra M. Deignan of Curtiss-Wright Corporation, +1-973-597-4734

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