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Curtiss-Wright Flow Control Reports 2009 Third Quarter and Nine Month Financial Results

Monday, November 2, 2009  
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Curtiss-Wright Flow Control sales for the third quarter of 2009 were $238 million, an increase of $11 million or 5% over the comparable prior year period. Incremental sales, primarily from our 2009 acquisitions of EST and Nu-Torque, contributed $5 million to the sales growth in the third quarter of 2009 while organic sales, excluding foreign currency translation, increased $8 million or 4%. Foreign currency translation negatively impacted sales by $2 million or 1%. The higher organic sales growth of 4% was driven by a strong sales increase in our naval defense market across several programs, most notably the Virginia class submarine and Ford class aircraft carrier programs. More

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