10-KPeriod: FY2003

CURTISS WRIGHT CORP Annual Report, Year Ended Dec 31, 2003

Filed March 10, 2004For Securities:CW

Summary

Curtiss-Wright Corporation's (CW) 2003 10-K filing, filed on March 10, 2004, provides a comprehensive overview of its business operations, financial performance, and strategic positioning. The company operates in diverse markets, including aerospace, defense, and industrial sectors, showcasing a strategy of diversification across various high-barrier-to-entry industries. Investors should note the company's focus on niche markets with specialized products and services, suggesting potential for stable revenue streams and strong competitive advantages. The filing highlights the company's commitment to operational efficiency and growth through both organic initiatives and strategic acquisitions. Management's discussion and analysis (MD&A) likely details the drivers of revenue, profitability, and cash flow, offering insights into the company's ability to navigate market dynamics and deliver shareholder value. While specific financial figures are not detailed in the provided index, the structure of the report indicates a thorough examination of the company's financial health and outlook for the period.

Key Highlights

  • 1Curtiss-Wright operates across multiple segments, including aerospace, defense, and general industrial markets, indicating a diversified revenue base.
  • 2The report structure suggests a detailed review of the company's business operations, properties, and legal proceedings, important for understanding operational risks and stability.
  • 3Key financial data and Management's Discussion and Analysis (MD&A) are central to understanding the company's performance and financial condition.
  • 4The inclusion of 'Selected Financial Data' and 'Quantitative and Qualitative Disclosures About Market Risk' points to a focus on financial transparency and risk management.
  • 5Information on Directors, Executive Officers, and Security Ownership provides transparency regarding corporate governance and insider interests.
  • 6The filing details principal accounting fees and services, offering insight into the company's relationship with its auditors.
  • 7A comprehensive review of exhibits, financial statement schedules, and independent auditors' reports underscores the rigor of the company's financial reporting.

Frequently Asked Questions

Based on the filing structure, Curtiss-Wright appears to operate across multiple segments, likely including aerospace, defense, and industrial markets, indicating a diversified business model.

Detailed financial performance information, including revenues, profitability, and cash flows, can be found in Item 6 (Selected Financial Data) and Item 7 (Management's Discussion and Analysis of Financial Condition and Results of Operations) of the 10-K filing.

Item 7A (Quantitative and Qualitative Disclosures About Market Risk) provides specific insights into how Curtiss-Wright identifies, measures, and manages its exposure to various market risks, such as interest rate, foreign currency, and commodity price fluctuations.

Information regarding the company's Directors and Executive Officers, their compensation, and security ownership can be found in Part III (Items 10, 11, and 12), offering insights into corporate governance practices.