Slide 1: Q2 2025 Earnings Conference Call
Q2 2025 Conference Call Dial-in numbers: (800) 343-5172 (domestic) EARNINGS CONFERENCE CALL (203) 518-9856 (international) Conference code: CWQ225 August 7, 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 Second Quarter Execution Drives Improved Full-Year 2025 Outlook
STRONG SECOND QUARTER EXECUTION DRIVES IMPROVED FULL-YEAR 2025 OUTLOOK Second Quarter 2025 Highlights ▪ Sales of $877M, up 12% overall (9% organic) – 12% growth in A&D markets and 10% growth in Commercial markets ▪ Operating Income of $160M, up 20%; 130 bps in YOY margin expansion to 18.3% – Strong
Slide 4: Second Quarter 2025 Financial Review
SECOND QUARTER 2025 FINANCIAL REVIEW Q2’25 Q2’24 ($ in millions) Adjusted Adjusted Change Key Drivers ▪ Strong demand driving higher OEM sales growth in Commercial Aerospace (sensors and surface treatment services) Aerospace & Industrial $239 $233 3% ▪ Higher YOY sales in Aerospace and Ground defens
Slide 5: 2025 End Market Sales Growth Guidance
2025 END MARKET SALES GROWTH GUIDANCE (As of August 6, 2025) Updated (in blue) 2025E Growth 2025E Growth ($ 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 6 - 8% 7 - 9% 19%
Slide 6: 2025 Financial Guidance
2025 FINANCIAL GUIDANCE (As of August 6, 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 in Defense markets Aerospace & Industrial $960 - $975 $965 - $980 4 - 5% ▪ Flat Gen
Slide 7: 2025 Financial Guidance
2025 FINANCIAL GUIDANCE (As of August 6, 2025) Updated (in blue) Change 2025E 2025E vs 2024 Key Drivers ($ in millions, except EPS) (Prior) (Current) Adjusted Total Sales $3,365 - $3,415 $3,390 - $3,435 9 - 10% Strategically focused on delivering profitable growth Total Operating Income $614 - $632
Slide 8: Global Defense and Commercial Nuclear Pursuits Fueling Near- and Long-Term Growth Opportunities
GLOBAL DEFENSE AND COMMERCIAL NUCLEAR PURSUITS FUELING NEAR- AND LONG-TERM GROWTH OPPORTUNITIES FOR CURTISS-WRIGHT Poised for Growth in Global Defense Global Resurgence in Demand for Commercial Nuclear ▪ Well positioned to benefit from growing, high priority spending areas ▪ Strong global support fo
Slide 9: Building Strong Momentum as We Deliver on Our Pivot to Growth Strategy
BUILDING STRONG MOMENTUM AS WE DELIVER ON OUR PIVOT TO GROWTH STRATEGY ▪ Consistent execution provides confidence to increase FY2025 outlook – Sales growth of 9% - 10%, driven by increases in majority of end markets – Leveraging strong and growing backlog to further compound value creation – Acceler
Slide 10: Appendix
APPENDIX Investor Day 2024 10
Slide 11: Non-GAAP Financial Information
NON-GAAP FINANCIAL INFORMATION The Corporation supplements its financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial information. Curtiss-Wright believes that these Adjusted (non-GAAP) measures provide investors with improved tran
Slide 12: Second Quarter 2025: End Market Sales Growth
SECOND QUARTER 2025: END MARKET SALES GROWTH ($ in millions) Q2’25 Q2’24 Change Key Drivers Aerospace Defense $168 $154 9% ▪ Higher sales of embedded computing equipment supporting various domestic and international programs Ground Defense $98 $85 15% ▪ Higher sales of tactical communications equipm
Slide 13: 2025E End Market Sales Waterfall
FY’25 Guidance: 2025E END MARKET SALES WATERFALL (as of August 6, 2025) Overall UP 9 - 10% (6 - 7% Org.) A&D Markets UP 8 - 10% Comm’l Markets UP 9 - 11% Total 2025 CW End Markets $3.390 - 3.435B Aerospace & Defense Markets Commercial Markets 69% $2.37B 31% $1.05B Naval Commercial Aerospace Power &