News Release

December 21, 2001

Metal Improvement Company Acquires Wichita, KS Heat-Treating Facility

The Metal Improvement Company, a wholly owned subsidiary of the Curtiss-Wright Corporation, announced today that it had acquired the assets of a heat-treating operation located in Wichita, Kansas from Bodycote Thermal Processing. The 30,000 sq. ft. facility services over 200 customers in a number of industries including aerospace and agriculture.

Martin Benante, Chairman and CEO of Curtiss-Wright stated, "This acquisition expands our metal treatment customer base and heat treating capacity for the aerospace market. The addition will enable us to better service our customer base in the Wichita area where we have had a longstanding presence providing heat-treating and shot-peening services."

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 42 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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