Curtiss-Wright Awarded $24 Million Contract to Provide Flight Test Instrumentation Equipment for the F-35 Technology Refresh 3 Program

DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded a $24 million contract from Nellis Air Force Base to provide Flight Test Instrumentation (FTI) equipment in support of the F-35 Technology Refresh 3 (TR-3) program. Technology Refresh 3 represents a series of critical upgrades to the F-35′s hardware and software meant to improve its displays, memory and computer processing capability and support future modernization capabilities.

“We are proud to have been selected by Nellis Air Force Base to provide our aerospace instrumentation technology for use on critical flight tests of the F-35 TR-3 program,” said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. “The receipt of this contract reflects our long-standing relationships and ongoing collaboration with the F-35 Joint Program Office and U.S. Flight Test Range engineers and personnel, and demonstrates the trust and confidence that customers place in Curtiss-Wright’s advanced and reliable integrated high-speed flight test instrumentation systems.”

Curtiss-Wright has worked closely over the past three years with U.S. Flight Test Ranges, including Nellis AFB and the Naval Air Warfare Center Aircraft Division, as well as the F‑35 Joint Program Office, to define and architect the Distributed Flight Test Instrumentation (DFTI) system that enables the test and evaluation of F-35 TR-3 configured aircraft. Curtiss-Wright’s FTI technology forms part of the DFTI system, where products and subsystems that enable the acquisition, collation, processing, recording, and telemetry of flight test data support the seamless transport of that data. Because it is networked, DFTI enables the distribution of flight test instrumentation equipment closer to the measured parameters, resulting in increased test accuracy.

Since 1998, Curtiss-Wright has successfully supported Nellis AFB with FTI solutions that meet the highest standards. As a total systems provider for FTI, Curtiss-Wright provides products and services that collect, collate, process, record, transmit via RF links, and analyze and display flight test data.

Curtiss-Wright is performing the work at its TTC facility in Newtown, Pa., within its Defense Solutions division in the Defense Electronics segment. For more information about Curtiss-Wright’s Defense Solutions division products, please visit www.curtisswrightds.com.

About Curtiss-Wright Corporation

Curtiss-Wright Corporation (NYSE:CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of approximately 8,100 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright, headquartered in Davidson, North Carolina, has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit www.curtisswright.com.

This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, including statements relating to Curtiss-Wright Corporation's expectations of future revenue and performance of our flight test instrumentation products, the continued relationship with an existing customer, the quality and qualification of our upgrades, the successful implementation and the success of this aerospace program and future opportunities associated with this program, are not considered historical facts and are considered forward-looking statements under the federal securities laws. 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 US and Foreign 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 Exchange Act of 1934, as amended, for further information.