Curtiss-Wright Awarded Contract by Northrop Grumman

Curtiss-Wright Awarded Contract by Northrop Grumman

For Mission Computer and Network Switch Subsystems for the U.S. Army's Ground
Combat Vehicle Program

PARSIPPANY, N.J., March 25, 2013 (GLOBE NEWSWIRE) -- Curtiss-Wright
Corporation (NYSE:CW) today announced the receipt of a contract from Northrop
Grumman to provide open architecture mission computer and network switch
subsystems for use in the U.S. Army's new Ground Combat Vehicle (GCV) Infantry
Fighting Vehicle. The initial value of the contract is $2.5 million. The
contract has a total potential value in excess of $250 million over the
lifetime of the production phase of the program, which is expected to begin in
2018.

Under the terms of the contract, shipments began in the first quarter of 2012
and are scheduled to continue throughout the remainder of this year. The BAE
Systems-Northrop Grumman team is one of two industry teams working under
technology development contracts for the GCV program.

"We are very excited to support the innovative Ground Combat Vehicle program
with our rugged mission computer and networking technology," said Martin R.
Benante, Chairman and CEO of Curtiss-Wright Corporation. "We are proud to
partner with Northrop Grumman in support of BAE Systems on this important
program. This is Curtiss-Wright's first contract on the U.S. Army's next
generation hybrid electric drive powered ground vehicle and it provides a
clear indication of the value of our industry-leading technology."

Curtiss-Wright's mission computer utilizes four commercial off-the-shelf
(COTS) single board computers in a rugged chassis. The chassis is able to cool
in excess of 250 watts of heat without the use of fans, liquid cooling, or
conditioned base plate, making this an ideal thermal solution for ground
vehicles. The Company's low-cost, rugged network switch provides a network for
communications between the mission computer and other devices within the
vehicle.Curtiss-Wright utilized its component packaging and thermal
dissipation expertise to fully ruggedize its products for optimal performance.

The Curtiss-Wright facility located in Santa Clarita, Calif., is manufacturing
the products covered by this agreement and shipping them to Northrop Grumman
in Huntsville, Ala. 

The BAE Systems–Northrop Grumman GCV Infantry Fighting Vehicle design
modernizes the U.S. Army's ground combat vehicle fleet with a new hybrid
electric drive propulsion system that enables force protection and mobility,
while allowing for future growth in power requirements and new technologies.
The vehicle employs customizable combinations of armor packages on a tough,
space efficient steel core hull and features improved fuel efficiency, agility
and acceleration due to the electric drive.The GCV accommodates up-to-date
network capability via a proven open architecture Command, Control,
Communications, Computers, Intelligence, Surveillance, and Reconnaissance
(C4ISR) and infrastructure system.

About Curtiss-Wright Corporation

Curtiss-Wright Corporation is an innovative engineering company that provides
highly engineered, critical function products, systems and services in the
areas of flow control, motion control and surface treatment technologies to
the defense, energy and commercial/industrial markets.The legacy company of
Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of
design and manufacturing innovation and prides itself on long-standing
customer relationships.The company employs approximately 10,000 people
worldwide.For more information, visit www.curtisswright.com.

The Curtiss-Wright Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7709

About Curtiss-Wright Controls, Inc.

Headquartered in Charlotte, NC, Curtiss-Wright Controls is the Controls
segment of Curtiss-Wright Corporation and a leading designer and manufacturer
of advanced technologies for niche actuation and drive applications,
integrated sensors and electronic subsystems internationally for the aerospace
and defense markets.For more information, visit www.cwcontrols.com.

Distribution Statement A: Approved for public release; distribution is
unlimited. February 22, 2013; Case Number PR-0014.

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
Controls' expectations of future performance of this contract, the continued
relationship with a customer, the continued success of this military ground
defense program, the continued funding by the U.S. military of this military
ground defense program, and the 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; 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.

CONTACT: Jim Ryan
         (973) 541-3766

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