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PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS
6 Months Ended
Jun. 30, 2012
Pension and Other Postretirement Benefit Plans [Abstract]  
PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS

10.       PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS

The following tables are consolidated disclosures of all domestic and foreign defined pension plans as described in the Corporation's 2011 Annual Report on Form 10-K. The postretirement benefits information includes the domestic Curtiss-Wright Corporation and EMD postretirement benefit plans, as there are no foreign postretirement benefit plans.

Pension Plans

The components of net periodic pension cost for the three and six months ended June 30, 2012 and 2011 are as follows:

   (In thousands)
   Three Months Ended Six Months Ended
   June 30, June 30,
   2012 2011 2012 2011
Service cost $ 9,978 $ 9,342 $ 20,133 $ 18,657
Interest cost   6,676   6,566   13,131   13,108
Expected return on plan assets   (8,356)   (7,995)   (16,770)   (15,962)
Amortization of prior service cost   300   301   601   600
Amortization of unrecognized actuarial loss   3,015   1,246   5,511   2,489
Curtailment loss   -   53   -   53
Net periodic benefit cost $ 11,613 $ 9,513 $ 22,606 $ 18,945

During the six months ended June 30, 2012, the Corporation made $17 million in contributions to the Curtiss-Wright Pension Plan, and expects to make total contributions of approximately $48 million in 2012. In addition, contributions of $2.0 million were made to the Corporation's foreign benefit plans during the six months ended June 30, 2012. Contributions to the foreign benefit plans are expected to be $4.3 million in 2012.

Other Postretirement Benefit Plans

The components of the net postretirement benefit cost for the Curtiss-Wright and EMD postretirement benefit plans for the three and six months ended June 30, 2012 and 2011 are as follows:

   (In thousands)
   Three Months Ended Six Months Ended
   June 30, June 30,
   2012 2011 2012 2011
Service cost $ 110 $ 94 $ 220 $ 188
Interest cost   231   250   463   500
Amortization of prior service cost   (157)   (157)   (314)   (314)
Amortization of unrecognized actuarial gain   (179)   (231)   (359)   (463)
Net periodic postretirement benefit cost $ 5 $ (44) $ 10 $ (89)

During the six months ended June 30, 2012, the Corporation paid $0.5 million to the postretirement plans. During 2012, the Corporation anticipates making total contributions of $1.6 million to the postretirement plans.