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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 1, 2005
CURTISS WRIGHT CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Delaware 1-134 13-0612970
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State or Other Commission File IRS Employer
Jurisdiction of Number Identification No.
Incorporation or
Organization
4 Becker Farm Road
Roseland, New Jersey 07068
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Address of Principal Executive Offices Zip Code
Registrant's telephone number, including area code: (973) 597-4700
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Not applicable
(Former name or former address, if changed since last report)
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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):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
See Item 8.01
ITEM 4.02(a) NON-RELIANCE ON PREVIOUSLY ISSUED FINANCIAL STATEMENTS OR A RELATED
AUDIT REPORT OR COMPLETED INTERIM REVIEW.
See Item 8.01
ITEM 8.01 OTHER EVENTS
On March 1, 2005, the Audit Committee of the Board of Directors of
Curtiss-Wright Corporation concluded that the previously issued financial
information contained in the Company's Press Release dated February 3, 2005,
announcing the Company's 2004 fourth quarter and year end financial results,
require revision and should no longer be relied upon. The Company has
determined to increase its environmental reserves by $4.4 million for
estimated future remediation costs that had not been included in previously
reported information.
The Company expects to file its 2004 Form 10-K within the 75 day
filing period. The decision to revise the financial statements was made by the
Audit Committee of the Board of Directors and the Board of Directors in
consultation with the Company's management. The Audit Committee has discussed
the matter disclosed in this report with Deloitte & Touche, the Company's
independent registered public accounting firm.
A copy of the Company's March 1, 2005 press release with respect to
these accounting corrections is attached as Exhibit 99.1 and is incorporated by
reference into this Item 4.02
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
99.1 Press Release dated March 1, 2005
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.
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CURTISS WRIGHT CORPORATION
By: /s/ Glenn E. Tynan
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Glenn E. Tynan
Vice-President and
Chief Financial Officer
Date: March 3, 2005
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EXHIBIT INDEX
Exhibit Description
Number
99.1 Press Release, dated March 1, 2005.
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