Slide 1: Q3 2025 Earnings Conference Call
Q3 2025 Conference Call Dial-in numbers: (800) 343-5172 (domestic) EARNINGS CONFERENCE CALL (203) 518-9856 (international) Conference code: CWQ325 November 6, 2025 Investor Day 2024 1
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT Please note that the information provided in this presentation is accurate as of the date of the original presentation. The presentation will remain posted on this website from one to twelve months following the initial presentation, but content will not be updated to reflect n
Slide 3: Strong Execution Drives Confidence to Increase Full-Year 2025 Outlook
STRONG EXECUTION DRIVES CONFIDENCE TO INCREASE FULL-YEAR 2025 OUTLOOK Third Quarter 2025 Highlights ▪ Sales of $869M, up 9% overall (6% organic) – 9% growth in A&D markets and 8% growth in Commercial markets ▪ Operating Income of $170M, up 14%; 90 bps in YOY margin expansion to 19.6% – Strong operat
Slide 4: Third Quarter 2025 Financial Review
THIRD QUARTER 2025 FINANCIAL REVIEW Q3’25 Q3’24 ($ in millions) Adjusted Adjusted Change Key Drivers ▪ Strong demand driving higher OEM sales growth in Commercial Aerospace Aerospace & Industrial $248 $229 8% ▪ Higher sales in Aerospace Defense (sensors and surface treatment services) and Ground Def
Slide 5: 2025 End Market Sales Growth Guidance
2025 END MARKET SALES GROWTH GUIDANCE (As of November 5, 2025) Updated (in blue) 2025E Growth 2025E Growth ($ in Millions) vs 2024 vs 2024 2025E (Prior) (Current) % Sales Key Drivers ▪ Strong defense electronics growth on various C5/ISR programs (U.S. DoD and dFMS) Aerospace Defense 7 - 9% 7 - 9% 19
Slide 6: 2025 Financial Guidance by Segment
2025 FINANCIAL GUIDANCE (As of November 5, 2025) Updated (in blue) 2025E 2025E Change vs Key Drivers ($ in millions) (Prior) (Current) 2024 Adjusted ▪ Strong growth in Commercial Aerospace and higher EM actuation sales to Defense markets Aerospace & Industrial $965 - $980 $970 - $980 4 - 5% ▪ Flat G
Slide 7: 2025 Financial Guidance
2025 FINANCIAL GUIDANCE (As of November 5, 2025) Updated (in blue) Change 2025E 2025E vs 2024 Key Drivers ($ in millions, except EPS) (Prior) (Current) Adjusted Total Sales $3,390 - $3,435 $3,420 - $3,455 10 - 11% Delivering on our Pivot to Growth strategy Total Operating Income $626 - $642 $634 - $
Slide 8: Building Strong Momentum and Compounding Sustained Profitable Growth
BUILDING STRONG MOMENTUM AND COMPOUNDING SUSTAINED PROFITABLE GROWTH ▪ Increased FY2025 outlook reinforced by strong and consistent execution – Sales growth of 10% - 11%, reflects increased optimism in A&D markets and strong growth in Commercial Nuclear – Generating 100 - 120 bps in YOY operating ma
Slide 9: Appendix
APPENDIX Investor Day 2024 9
Slide 10: Non-GAAP Financial Information
NON-GAAP FINANCIAL INFORMATION The Corporation supplements its financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial information. Curtiss-Wright believes that these Adjusted (non-GAAP) measures provide investors with improved tran
Slide 11: Third Quarter 2025: End Market Sales Growth
THIRD QUARTER 2025: END MARKET SALES GROWTH ($ in millions) Q3’25 Q3’24 Change Key Drivers ▪ Higher sales of embedded computing equipment supporting various domestic and international programs, Aerospace Defense $161 $159 1% mainly offset by timing of international arresting systems equipment ▪ High
Slide 12: 2025E End Market Sales Waterfall
FY’25 Guidance: 2025E END MARKET SALES WATERFALL (as of November 5, 2025) Overall UP 10 - 11% (7 - 8% Org.) A&D Markets UP 10 - 11% Comm’l Markets UP 9 - 11% Total 2025 CW End Markets $3.420 - 3.455B Aerospace & Defense Markets Commercial Markets 69% $2.39B 31% $1.05B Naval Commercial Aerospace Powe