Slide 1: Q4 2025 Earnings Conference Call
Q4 2025 - EARNINGS CONFERENCE CALL February 12, 2026 Conference Call Dial-in numbers: (800) 343-5172 (domestic) (203) 518-9856 (international) Conference code: CWQ425 1 | January 8, 2026 | Proprietary | © 2025 Curtiss-Wright
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 Q4 & Record 2025 Performance Provide Momentum into 2026
STRONG Q4 & RECORD 2025 PERFORMANCE PROVIDE MOMENTUM INTO 2026 Fourth Quarter 2025 Highlights Full Year 2025 Highlights ▪ Sales of $947M, up 15% overall (11% organic) ▪ Sales of $3.5B, up 12% (9% organic) ▪ A&D markets up 16%, exceeding expectations ▪ A&D markets up 13%; Commercial markets up 10% ▪
Slide 4: Fourth Quarter 2025 Financial Review
FOURTH QUARTER 2025 FINANCIAL REVIEW Q4’25 Q4’24 ($ in Millions) Adjusted Adjusted Change Key Performance Drivers ▪ Strong OEM sales growth in Commercial Aerospace (narrowbody and widebody platforms) Aerospace & Industrial $262 $251 5% ▪ Higher EM actuation sales in Ground Defense ▪ Flat General Ind
Slide 5: 2026 End Market Sales Growth Guidance
2026 END MARKET SALES GROWTH GUIDANCE (As of February 11, 2026) 2025 2026E Growth 2026E ($ in Millions) Sales vs 2025 % Sales Key Drivers of 2026 Performance ▪ Alignment to FY26 DoW priorities including aircraft modernization, Golden Dome, etc. Aerospace Defense $673 9 - 11% 20% ▪ Strong defense ele
Slide 6: 2026 Financial Guidance by Segment
2026 FINANCIAL GUIDANCE (As of February 11, 2026) 2025 2026E Change vs ($ in Millions) Adjusted Adjusted 2025 Adjusted Key Drivers of 2026 Performance ▪ Strong growth in Commercial Aerospace and higher EM actuation sales in Defense markets Aerospace & Industrial $977 $1,030 - $1,045 5 - 7% ▪ General
Slide 7: 2026 Financial Guidance
2026 FINANCIAL GUIDANCE (As of February 11, 2026) Change 2025 2026E vs 2025 ($ in Millions, except EPS) Adjusted Adjusted Adjusted Key Drivers of 2026 Performance Total Sales $3,498 $3,710 - $3,765 6 - 8% Strategically focused on generating profitable growth Total Operating Income $651 $703 - $722 8
Slide 8: On Track to Exceed 2024 - 2026 Financial Targets
ON TRACK TO EXCEED 2024 - 2026 FINANCIAL TARGETS ▪ Industry tailwinds and targeted growth investments continue to boost organic sales growth ▪ U.S. Defense budgets targeting record level of spending with focus on shipbuilding and aircraft modernization; Benefit of FY26 Appropriations bill and reconc
Slide 9: Appendix
Appendix 9 | February 12, 2026 | Proprietary | © 2026 Curtiss-Wright
Slide 10: Non-GAAP Financial Information
NON-GAAP FINANCIAL INFORMATION The Corporation supplements its financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial information. Curtiss- Wright believes that these Adjusted (non-GAAP) measures provide investors with improved tra
Slide 11: Fourth Quarter 2025: End Market Sales Growth
FOURTH QUARTER 2025: END MARKET SALES GROWTH ($ in millions) Q4’25 Q4’24 Change Key Drivers Aerospace Defense $192 $171 12% ▪ Higher sales of arresting systems equipment supporting various international customers ▪ Timing and acceleration of embedded computing revenues Ground Defense $115 $85 36% ▪
Slide 12: Full Year 2025: End Market Sales Growth
FULL YEAR 2025: END MARKET SALES GROWTH ($ in millions) FY’25 FY’24 Change Key Drivers ▪ Strong defense electronics growth on various C5/ISR programs (U.S. DoD and dFMS) Aerospace Defense $673 $617 9% ▪ Higher sales of arresting systems equipment ▪ Timing and acceleration of embedded computing reven
Slide 13: 2025 End Market Sales Waterfall
FY’25 2025 END MARKET SALES WATERFALL Overall UP 12% (9% Org.) A&D Markets UP 13% Comm’l Markets UP 10% Total 2025 CW End Markets $3.498B Aerospace & Defense Markets Commercial Markets 70% $2.45B 30% $1.05B Naval Commercial Aerospace Power & Process General Industrial 27% 12% 18% 12% Pumps / Valves
Slide 14: 2026E End Market Sales Waterfall
FY’26 Guidance: 2026E END MARKET SALES WATERFALL (as of February 11, 2026) Overall UP 6 - 8% A&D Markets UP 5 - 7% Comm’l Markets UP 7 - 9% Total 2026 CW End Markets $3.710 - 3.765B Aerospace & Defense Markets Commercial Markets 70% $2.60B 30% $1.13B Naval Commercial Aerospace Power & Process Genera