To Supply Ship-Borne Helicopter Recovery Assist, Securing & Traversing (RAST) MK VI

CHESWICK, PA ­­ – July 15, 2019 – Curtiss-Wright’s EMS division today announced that it has received its next award to manufacture two more RAST MK VI Systems for the Japanese Maritime Self Defense Force (JMSDF) in support of their new frigate builds. The division’s INDAL business unit initially received an order for the first two new frigates in May 2018. These ships are expected to be a force of modern, high speed, multi-purpose frigates built in 3 baselines, the first baseline comprising 8 ships and a potential of twenty-two ships in total. The RAST MK VI is a helicopter handling system that fully integrates all of the functions required to safely operate and stow ship-borne helicopters in adverse weather and sea conditions up to sea state 6.

“We are very pleased to continue our support of JMSDF’s ship build programs,” said Greg Hempfling, Senior Vice President and General Manager of the EMS division.  “Supply of these RAST MK VI systems to the 31FFM Program marks Japan’s fiftieth year of selecting INDAL Technologies’ Aircraft Handing Systems for its naval ships. This demonstrates our engineering expertise in providing advanced performance, reliable equipment designs and increased operational efficiency to the naval defense industry.”

INDAL, based in Mississauga, Ontario, Canada, will perform the work for this contract, with delivery scheduled between December 2020 and March 2021. Curtiss-Wright has delivered more than 200 of its integrated Aircraft Handling Systems to navies around the world.

About Curtiss-Wright Corporation

Curtiss-Wright Corporation is a global innovative company that delivers highly engineered, critical function products and services to the commercial, industrial, defense and energy markets.  Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing reliable solutions through trusted customer relationships. The company employs approximately 9,000 people worldwide.  For more information, visit www.curtisswright.com.

About INDAL

With over 50 years’ experience, INDAL, a business unit of Curtiss-Wright’s EMS division, is a world leader in the design and development of ship-borne helicopter handling systems, undersea sensor handling systems and other sophisticated systems for international navies.  The company combines a high level of engineering and manufacturing capability with expertise in the management of large and complex defense programs to provide unique solutions and deliver a high degree of value to its customers.  Its industry leading manufacturing practices, adherence to ISO quality system requirements, program management and control systems ensure product excellence.  For more information, visit: www.cw-ems.com/indal

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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’s expectations of additional ship sets under this Japanese naval contract, the continued relationship with a customer, the continued success of this Japanese naval program and the future opportunities associated with this Japanese naval 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.