Press Release

Curtiss-Wright Sponsors First Flight Centennial Foundation; Historic Wright Bros.-Founded Company Supports 100th Anniversary of Flight

By SpaceRef Editor
April 16, 2003
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The Curtiss-Wright
Corporation (NYSE: CW CW.B), through its motion control segment, Curtiss-Wright Controls, Inc., has signed on as a Pavilion Sponsor for the First
Flight Centennial Foundation.

Headquartered in Raleigh, the First Flight Centennial Foundation, a 501
(c) (3) corporation, was formed in North Carolina to commemorate the 100th
anniversary of the Wright Brothers’ historic achievement along the sand dunes
of Kitty Hawk. Former President George Bush is the national honorary chairman
of the foundation.

The organization has restored the Wright Monument at Wright Brothers
National Memorial in Kitty Hawk to its original grandeur, re-lit its beacon
and, in conjunction with the National Park Service, is creating the First
Flight Centennial Pavilion, a semi-permanent structure that will house
exhibits and special programming.

More than one million visitors are expected to visit the site during the
Centennial year alone, and a number of national organizations have committed
to participate within the Pavilion. According to foundation officials, the
goal is to help bring the Wright brothers’ incredible story of creativity,
perseverance and tenacity. In addition to honoring the Wright brothers’ first
flight and famous airplane — the Wright Flyer — the Pavilion will also
recognize their role in giving birth to a new industry and their lasting
contributions to science and engineering.

Curtiss-Wright, with a history that dates back to the Curtiss Aeroplane
and Motor Company (1916-1929) founded by Glenn Hammond Curtiss and the Wright
Aeronautical Corporation (1919-1929), is the only company in the world with a
direct tie to aviation pioneers Orville and Wilbur Wright.

Since that time, Curtiss-Wright engineers have continued the founders’
legacy of innovation, providing integrated subsystems solutions and highly
engineered products and services for the aerospace and defense industries, as
well as for commercial applications. A leading technology-based organization,
Curtiss-Wright serves a world-wide customer base.

“As a company committed to engineering and innovation, we are proud to
support this celebration of the Wright Brothers and their many
accomplishments,” says George Yohrling, president of Curtiss-Wright Controls.
“The First Flight Centennial Foundation and its partners are working to create
a haven for anyone who has ever had a fascination with flight.”

About Curtiss-Wright Corporation

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 additionally is
a provider of metal treatment services. The firm employs approximately
4,200 people. See

About Curtiss-Wright Controls

Based in Gastonia, North Carolina, Curtiss-Wright Controls is the motion
control segment of Curtiss-Wright Corporation (NYSE: CW CW.B). With
manufacturing facilities in Gastonia, Shelby and around the world, Curtiss-
Wright Controls is a leading technology-based organization providing niche
motion control products, subsystems and services internationally. See

About the First Flight Foundation

Headquartered in Raleigh, N.C., the First Flight Centennial Foundation’s
mission is to honor the Wright brothers and their achievements, and making
lasting improvements to Wright Brothers National Memorial (originally
constructed in 1932) located in Kitty Hawk, N.C. The foundation is also
helping partnering with numerous national organizations to produce the First
Flight Centennial activities in December 2003. See

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 the 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, 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.

SpaceRef staff editor.