Curtiss-Wright Corp at Stifel Cross Sector Insight Conference Transcript

Jun 08, 2022 / 01:10PM GMT
Adam Michael Farley - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst

Good morning, everyone. Welcome to the Stifel Cross Sector Insight Conference. With us today, we have Curtiss-Wright. We have Lynn Bamford, Chair and CEO; and Chris Farkas, VP and CFO. So today's format, I'm going to start with 3 bear cases, followed by 3 bull cases to help better understand the story.

Questions and Answers:

Adam Michael Farley - Stifel, Nicolaus & Company, Incorporated, Research Division - Analyst

So with that, let start with bear case #1. About a year ago, Curtiss-Wright held an Investor Day event and issued top line growth targets of 3% to 5% organic and 5% to 10% total growth. However, over the last 5 years, the portfolio has seen roughly 1% organic growth and roughly 3% total growth, which suggests that those targets may be difficult to achieve.

Lynn M. Bamford - Curtiss-Wright Corporation - CEO & Chairman

Thank you, Adam, and welcome, everybody. Thank you for joining us today. It's my
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