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Thu, Oct 09, 2008

Curtiss-Wright Awarded F-16 Production Contract From Lockheed Martin

Follow-On Contract For Wing Components Valued At Over $14 Million

Lockheed Martin Aeronautics has awarded Curtiss-Wright Corporation a multi-year production contract valued at over $14 million to provide leading edge flap rotary actuators and attachment tie bars for the F-16 Fighting Falcon. The agreement is a follow-on contract to Curtiss-Wright's existing production contract with Lockheed Martin.

"This follow-on contract further demonstrates Lockheed Martin's confidence in the ability of Curtiss-Wright to provide the highest performance, most reliable and best value product for the F-16," said Martin R. Benante, Chairman and Chief Executive Officer of Curtiss-Wright. "We deeply value our longtime partnership with Lockheed Martin and are proud to play such a critical role in the domestic and international success of the F-16 program."

Curtiss-Wright has provided Lockheed Martin's F-16 program with over 15,000 leading edge flap rotary actuators since 1991. The leading edge flap actuators and tie bars provide both the mechanical connections and active operation of the F-16's leading edge flaps. The production of these components and assemblies will take place at the Curtiss-Wright Motion Control facility located in Shelby, NC.

Headquartered in Charlotte, N.C., Curtiss-Wright Controls is the motion control segment of Curtiss-Wright Corporation. With manufacturing facilities around the world, Curtiss-Wright Controls is a leading technology-based organization providing niche motion control products, subsystems and services for the aerospace, defense, naval and industrial markets.

FMI: www.curtisswright.com, www.cwcontrols.com, www.lockheedmartin.com

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