8-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 26, 2006

CURTISS WRIGHT CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

Delaware	1-134	13-0612970
State or Other Jurisdiction of Incorporation or Organization	Commission File Number	IRS Employer Identification No.
4 Becker Farm Road Roseland, New Jersey		07068
Address of Principal Executive Offices		Zip Code

Registrant's telephone number, including area code: (973) 597-4700

______________________________

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

SECTION 2 – FINANCIAL INFORMATION

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On October 26, 2006 Curtiss-Wright Corporation (the “Company”) issued a press release announcing financial results for the third quarter ended September 30, 2006. A copy of this press release is attached hereto as Exhibit 99.1. A conference call and webcast presentation will be held on Friday, October 27, 2006 at 11:00am EDT for management to discuss the Company's first quarter 2006 performance. Martin R. Benante, Chairman and CEO, and Glenn E. Tynan, CFO, will host the call.

The financial press release and access to the webcast will be posted on Curtiss-Wright's website at www.curtisswright.com. For those unable to participate, a webcast replay will be available for 90 days on the Company's website beginning one hour after the call takes place. A conference call replay will also be available for 30 days by dialing (888) 286-8010 (Domestic) or (617) 801-6888 (International), and entering Passcode 36148098.

The information contained in this Current Report, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information in this report shall not be incorporated by reference into any filing of the registrant with the SEC, whether made before or after the date hereof, regardless of any general incorporation language in such filings.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(a) Not applicable.

(b) Not applicable.

(c) Exhibits.

99.1 Press Release dated October 26, 2006

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CURTISS WRIGHT CORPORATION
By:	/s/ Glenn E. Tynan
	Glenn E. Tynan
	Vice-President and
	Chief Financial Officer

Date: October 26, 2006

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EXHIBIT INDEX

Exhibit Number	Description
99.1	Press Release, dated October 26, 2006.

4

EX-99

FOR IMMEDIATE RELEASE

CURTISS-WRIGHT REPORTS 2006 THIRD QUARTER AND NINE MONTH FINANCIAL RESULTS

- - -

Sales and Operating Income increased 15% and

Net Earnings increased 16% in the Third Quarter of 2006

ROSELAND, NJ – October 26, 2006 – Curtiss-Wright Corporation (NYSE: CW) today reports financial results for the third quarter and nine months ended September 30, 2006. The highlights are as follows:

Third Quarter 2006 Operating Highlights

• Net sales for the third quarter of 2006 increased 15% to $311.8 million from $271.4 million in the third quarter of 2005.

• Operating income in the third quarter of 2006 increased 15% to $37.3 million from $32.4 million in the third quarter of 2005. Operating income was negatively impacted in the third quarter of 2006 by $1.1 million of costs associated with the adoption of FAS 123R and higher pension expense of $0.8 million from the Curtiss-Wright pension plans as compared to the prior year period.

• Net earnings for the third quarter of 2006 increased 16% to $20.4 million, or $0.46 per diluted share, from $17.5 million, or $0.40 per diluted share, in the third quarter of 2005 (adjusted for 2-for-1 stock split in April 2006).

• New orders received in the third quarter of 2006 were $324.1 million, up 17% compared to the third quarter of 2005.

Curtiss-Wright Corporation, Page 2

Nine Months 2006 Operating Highlights

• Net sales for the first nine months of 2006 increased 11% to $904.0 million from $813.0 million in the first nine months of 2005.

• Operating income in the first nine months of 2006 increased 2% to $94.9 million from $93.1 million in the first nine months of 2005. Operating income was negatively impacted in the first nine months of 2006 by $3.4 million of costs associated with the adoption of FAS 123R and higher pension expense of $3.6 million from the Curtiss-Wright pension plans as compared to the prior year period. Operating income for the first nine months of 2005 included a one-time gain of $2.8 million related to the sale of non-operating property.

• Net earnings for the first nine months of 2006 increased 8% to $53.7 million, or $1.21 per diluted share, from $50.0 million, or $1.14 per diluted share, in the first nine months of 2005 (adjusted for 2-for-1 stock split in April 2006). Net earnings for the first nine months of 2006 were favorably impacted by a lower effective tax rate resulting from a Canadian tax benefit of $2.0 million, primarily related to higher than expected research and development credits for 2005, and an adjustment to our deferred tax accounts of $1.6 million based on new Canadian tax legislation which was enacted in late June 2006.

• New orders received in the first nine months of 2006 were $976.3 million, up 10% compared to the first nine months of 2005. At September 30, 2006, backlog was $893.4 million, up 11% from $805.6 million at December 31, 2005.

Curtiss-Wright Corporation, Page 3

“We are pleased to report higher sales, operating income, and net earnings for the third quarter of 2006,” commented Martin R. Benante, Chairman and CEO of Curtiss-Wright Corporation. “In the third quarter 2006 we experienced solid organic growth in sales of 12% and operating income of 14%. Our year-to-date results continue to be strong despite some unanticipated obstacles, such as unfavorable foreign currency translation and increased material costs. In addition, we incurred significant business integration costs related to our 2006 acquisition in our Flow Control segment. Our commercial markets continue to be strong in the third quarter of 2006 with 12% organic sales growth, driven primarily by the oil and gas market at 28% and the commercial aerospace market at 17%. Our new orders continue to be strong which will provide momentum for our fourth quarter and heading into 2007. In addition, we have a number of military and commercial development contracts and have recently introduced many new products that should provide significant future opportunities.”

Sales

Sales growth in the three months ended September 30, 2006 was driven by organic growth in our commercial businesses and contributions from our 2006 acquisitions. The base businesses generated overall organic growth of 12% for third quarter of 2006 as compared to the prior year period. Organic sales growth was strong in all three of our operating segments, with Motion Control at 14%, Flow Control at 11%, and Metal Treatment at 9%, as compared to the same period in the prior year. Acquisitions made since June 30, 2005 contributed $7.8 million in incremental sales for the third quarter of 2006, over the comparable prior year period.

In our base businesses, higher ground defense and commercial aerospace revenues from our Motion Control segment, higher sales to the oil and gas and commercial power markets from our Flow Control segment, and higher sales of global shot peening and heat treating services from our Metal Treatment segment, all contributed to the quarterly organic sales growth. In addition, foreign currency translation positively impacted sales by $3.1 million for three months ended September 30, 2006, as compared to the prior year period.

Operating Income

Operating income for the third quarter of 2006 increased 15% over the prior year period. Higher operating income in the third quarter of 2006 resulted from higher sales volume, a favorable sales mix, and cost control initiatives. Our consolidated operating margin for the third quarter of 2006 was essentially flat compared to the prior year period as improvements in the Motion Control and Metal Treatment segments were offset by lower operating margins in the Flow Control segment. The lower margins in our Flow Control segment were due to unfavorable sales mix, business integration costs, and higher material costs.

Overall organic operating income growth was 14% for the third quarter of 2006, led by our Motion Control segment at 37% and Metal Treatment segment at 20%. Operating income in the third quarter of 2006 was negatively impacted by $1.1 million of costs associated with the January 1, 2006 adoption of FAS 123R and higher pension expense of $0.8 million from the Curtiss-Wright pension plans. In addition, foreign currency translation adversely impacted operating income by $0.1 million in the third quarter 2006, as compared to the prior year period.

Curtiss-Wright Corporation, Page 4

Net Earnings

Net earnings increased 16% for the third quarter of 2006 over the comparable prior year period. Operating income from our business segments increased $6.2 million for the three months ended September 30, 2006, over the prior year period. Higher interest expense due to higher interest rates, partially offset by lower average outstanding debt levels, lowered net earnings in the third quarter of 2006 by $0.5 million over the prior year period.

Segment Performance

Flow Control – Sales for the third quarter of 2006 were $129.8 million, up 16% over the comparable period last year due to solid organic growth and the contribution from the 2006 acquisition of Enpro Systems. Sales from the base businesses increased 11% in the third quarter of 2006 as compared to the prior year period. This organic sales growth was due to higher sales to the oil and gas market, led by increased demand for the coker valve products, as well as higher sales to the commercial power market due mainly to the timing of plant outages. Sales of this segment were favorably affected by foreign currency translation of $0.4 million in the third quarter of 2006 compared to the prior year period.

Operating income for this segment increased 2% in the third quarter of 2006 compared to the prior year period. The benefit of the higher sales volume was mostly offset by less favorable commercial power sales mix and higher material costs. In addition, this segment incurred business integration costs relative to our 2006 acquisition which should generate improved profitability beginning in 2007. Operating income of this segment was favorably affected by foreign currency translation of $0.1 million in the third quarter of 2006 compared to the prior year period.

Motion Control – Sales for the third quarter of 2006 of $125.6 million increased 14%, all organic, over the comparable period last year. This growth was due primarily to higher sales of embedded computing products to the ground defense market and increased sales of OEM and spares products and repair and overhaul services to the commercial aerospace market. This growth was partially offset by lower sales to the general industrial and defense aerospace markets. Sales of this segment were favorably affected by foreign currency translation of $1.7 million in the third quarter of 2006 compared to the prior year period.

Operating income for this segment increased 37% for the third quarter of 2006 compared to the prior year period. The operating income increase was primarily driven by higher sales volume, favorable sales mix within our embedded computing group, and increased efficiencies as a result of our business integration initiatives. In addition this segment experienced cost overruns on certain military contract work in the third quarter of 2005 that did not repeat in 2006. These improvements were partially offset by unfavorable foreign currency translation of $0.4 million and higher production start up costs relative to new programs.

Curtiss-Wright Corporation, Page 5

Metal Treatment – Sales for the third quarter of 2006 of $56.3 million were 15% higher than the comparable period last year. The improvement was mainly due to organic sales growth of 9% and the contribution from our 2006 acquisition of Allegheny Coatings. The organic sales growth was driven by higher global shot peening revenues in the aerospace and automotive markets along with strong demand in the heat treating business from the general industrial and automotive markets. Sales of this segment were favorably affected by foreign currency translation of $1.0 million in the third quarter of 2006 compared to the prior year period.

Operating income increased 21% for the third quarter of 2006 as compared to the prior year period, primarily as a result of the higher sales volume. Operating income of this segment was favorably affected by foreign currency translation of $0.2 million in the third quarter of 2006 compared to the prior year period.

Mr. Benante concluded, “In 2006, we continue to demonstrate our ability to generate long-term shareholder value by growing our sales and earnings. Our strong performance demonstrates our ability to execute our growth strategy while continuing to achieve our financial targets. We expect the fourth quarter of 2006 to benefit from the ramp up of our defense programs and the continued strength in our commercial markets, as well as additional benefits achieved from our integration and cost control efforts. Our diversification strategy, the successful integration of our acquisitions, and our continued emphasis on providing advanced new products and technologies should continue to generate growth opportunities in each of our three business segments in 2006 and beyond.”

**********

The Company will host a conference call to discuss the third quarter 2006 results at 11:00 EST Friday, October 27, 2006. A live webcast of the call can be heard on the internet by visiting the company’s website at www.curtisswright.com and clicking on the investor information page or by visiting other websites that provide links to corporate webcasts.

(Tables to Follow)

Curtiss-Wright Corporation, Page 6

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EARNINGS
(In thousands, except per share data)

	Three Months Ended September 30,						Nine Months Ended September 30,						Three Months Change					Nine Months Change
	2006			2005			2006			2005				$		%			$		%
Net sales	$	311,801		$	271,355		$	903,988		$	813,035		$	40,446		14.91	%	$	90,953		11.19	%
Cost of sales		205,783			177,840			600,356			533,452			27,943		15.71	%		66,904		12.54	%
Gross profit		106,018			93,515			303,632			279,583			12,503		13.37	%		24,049		8.60	%
Research & development expenses		7,227			8,504			28,531			30,312			(1,277	)	-15.02	%		(1,781	)	-5.88	%
Selling expenses		19,382			16,738			57,004			51,633			2,644		15.80	%		5,371		10.40	%
General and administrative expenses		41,936			35,546			122,720			106,515			6,390		17.98	%		16,205		15.21	%
Environmental remediation and administrative
expenses, net		273			188			362			844			85		45.21	%		(482	)	-57.11	%
(Gain) Loss on sale of real estate and fixed assets		(51	)		98			68			(2,827	)		(149	)	-152.04	%		2,895		102.41	%
Operating income		37,251			32,441			94,947			93,106			4,810		14.83	%		1,841		1.98	%
Other (expensess) income, net		(18	)		279			295			(421	)		(297	)	-106.45	%		716		-170.07	%
Interest expense		(5,721	)		(4,912	)		(17,103	)		(13,993	)		(809	)	16.47	%		(3,110	)	22.23	%
Earnings before income taxes		31,512			27,808			78,139			78,692			3,704		13.32	%		(553	)	-0.70	%
Provision for income taxes		11,156			10,289			24,413			28,716			867		8.43	%		(4,303	)	-14.98	%
Net earnings	$	20,356		$	17,519		$	53,726		$	49,976		$	2,837		16.19	%	$	3,750		7.50	%
Basic earnings per share	$	0.46		$	0.40		$	1.23		$	1.16
Diluted earnings per share	$	0.46		$	0.40		$	1.21		$	1.14
Dividends per share	$	0.06		$	0.05		$	0.18		$	0.14
Weighted average shares outstanding:
Basic		43,903			43,376			43,779			43,206
Diluted		44,338			43,946			44,254			43,780

Certain prior year information has been reclassified to conform to current presentation.

Shares and per share amounts have been adjusted on a pro forma basis for the April 21, 2006 2-for-1 stock split.

Curtiss-Wright Corporation, Page 7

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In thousands)

	September 30,			December 31,				Change
		2006			2005			$		%
Assets
Current Assets:
Cash and cash equivalents	$	47,377		$	59,021		$	(11,644	)	-19.7	%
Receivables, net		280,705			244,689			36,016		14.7	%
Inventories, net		178,983			146,297			32,686		22.3	%
Deferred income taxes		21,268			28,844			(7,576	)	-26.3	%
Other current assets		13,076			11,615			1,461		12.6	%
Total current assets		541,409			490,466			50,943		10.4	%
Property, plant, and equipment, net		290,080			274,821			15,259		5.6	%
Prepaid pension costs		72,121			76,002			(3,881	)	-5.1	%
Goodwill, net		414,286			388,158			26,128		6.7	%
Other intangible assets, net		157,194			158,267			(1,073	)	-0.7	%
Other assets		12,110			12,571			(461	)	-3.7	%
Total Assets	$	1,487,200		$	1,400,285		$	86,915		6.2	%
Liabilities
Current Liabilities:
Short-term debt	$	5,941		$	885		$	5,056		571.3	%
Accounts payable		79,779			80,460			(681	)	-0.8	%
Accrued expenses		68,800			74,252			(5,452	)	-7.3	%
Income taxes payable		2,946			22,855			(19,909	)	-87.1	%
Other current liabilities		55,758			43,051			12,707		29.5	%
Total current liabilities		213,224			221,503			(8,279	)	-3.7	%
Long-term debt		385,004			364,017			20,987		5.8	%
Deferred income taxes		51,512			53,570			(2,058	)	-3.8	%
Accrued pension & other postretirement benefit costs		72,686			74,999			(2,313	)	-3.1	%
Long-term portion of environmental reserves		21,477			22,645			(1,168	)	-5.2	%
Other liabilities		28,294			25,331			2,963		11.7	%
Total Liabilities		772,197			762,065			10,132		1.3	%
Stockholders' Equity
Common stock, $1 par value		47,533			25,493			22,040		86.5	%
Additional paid in capital		68,813			59,806			9,007		15.1	%
Retained earnings		691,823			667,892			23,931		3.6	%
Unearned portion of restricted stock		(66	)		(12	)		(54	)	450.0	%
Accumulated other comprehensive income		37,322			20,655			16,667		80.7	%
		845,425			773,834			71,591		9.3	%
Less: cost of treasury stock		130,422			135,614			(5,192	)	-3.8	%
Total Stockholders' Equity		715,003			638,220			76,783		12.0	%
Total Liabilities and Stockholders' Equity	$	1,487,200		$	1,400,285		$	86,915		6.2	%

Curtiss-Wright Corporation, Page 8

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
SEGMENT INFORMATION
(In thousands)

	Three Months Ended September 30,									Nine Months Ended September 30,
	2006			2005			% Change			2006			2005			% Change
Sales:
Flow Control	$	129,819		$	112,126		15.8		%	$	380,277		$	335,863			13.2	%
Motion Control		125,639			110,242			14.0	%		356,496			328,180			8.6	%
Metal Treatment		56,343			48,987			15.0	%		167,215			148,992			12.2	%
Total Sales	$	311,801		$	271,355			14.9	%	$	903,988		$	813,035			11.2	%
Operating Income:
Flow Control	$	14,014		$	13,800			1.6	%	$	36,901		$	36,905			0.0	%
Motion Control		15,310			11,203			36.7	%		33,436			30,331			10.2	%
Metal Treatment		10,448			8,618			21.2	%		31,630			25,547			23.8	%
Total Segments		39,772			33,621			18.3	%		101,967			92,783			9.9	%
Corporate & Other		(2,521	)		(1,180	)		113.6	%		(7,020	)		323			-2273.4	%
Total Operating Income	$	37,251		$	32,441			14.8	%	$	94,947		$	93,106			2.0	%
Operating Margins:
Flow Control		10.8	%		12.3	%					9.7	%		11.0	%
Motion Control		12.2	%		10.2	%					9.4	%		9.2	%
Metal Treatment		18.5	%		17.6	%					18.9	%		17.1	%
Total Curtiss-Wright		11.9	%		12.0	%					10.5	%		11.5	%

Curtiss-Wright Corporation, Page 9

About Curtiss-Wright

Curtiss-Wright Corporation is a diversified company headquartered in Roseland, New Jersey. The Company designs, manufactures and overhauls products for motion control and flow control applications and provides a variety of metal treatment services. The firm employs approximately 6,300 people. More information on Curtiss-Wright can be found at www.curtisswright.com.

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Certain statements made in this release, including statements about future revenue, organic revenue growth, quarterly and annual revenue, net income, organic operating income growth, future business opportunities, cost saving initiatives, and future cash flow from operations, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this press release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, electronics, marine, and industrial companies. Such factors are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2005 and subsequent reports filed with the Securities and Exchange Commission.

This press release and additional information is available at www.curtisswright.com.

Contact:	Alexandra M. Deignan
	(973) 597-4734
	adeignan@curtisswright.com