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News Release

November 14, 2002

Metal Improvement Acquires Selected Assets of Brenner Tool & Die Company and Establishes Aerospace Finishing Division in Bensalem, PA

The Metal Improvement Company ("MIC"), a wholly owned subsidiary of the Curtiss-Wright Corporation, announced the acquisition of selected assets of Brenner Tool and Die, Inc. ("Brenner") relating to Brenner's metal finishing operations in Bensalem, Pennsylvania.

The metal finishing operation occupies 128,000 square feet of leased space, and includes capability for non-destructive testing, chemical milling, chromic and phosphoric acid anodizing and painting operations. Since Metal Improvement Company has an existing shot-peening/peen-forming facility located on the adjacent property, this acquisition enables MIC the opportunity to provide an enhanced package of turnkey services to key aerospace customers.

Commenting on the acquisition, Martin Benante, Chairman and CEO of Curtiss-Wright stated, "This acquisition supports our strategic objective for our Metal Treatment business segment of going beyond the traditional shot-peening/peen-forming service offerings. Our strategy includes acquiring state-of-the-art aerospace finishing facilities and offering customers a one-stop shopping opportunity. By combining these new services with those already offered by our Bensalem peening facility, we can offer a complete service package that is being required by prime contractors."

Metal Improvement Company, headquartered in Paramus, NJ, is a recognized worldwide leader in providing outsourced shot-peening, shot-peen forming and heat treating. These metal treatment services are provided to the aerospace, defense, automotive, petrochemical, agricultural equipment, power generation, medical and metalworking industries. Operations are conducted through a network of 44 service facilities located in North America and Europe. More information on Metal Improvement Company can be found on the internet at www.metalimprovement.com.

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