Curtiss-Wright Corporation

Ladies and gentlemen, thank you for standing by, and welcome to the Curtis Wright Fourth Quarter 2020 Financial Results. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask the question during this session, you will need to press star then 1 on your telephone. Please be advised that today's conference is being recorded. If you require any further assistance, please press star then 0. I would now like to hand the conference over to your speaker for today, Jim Ryan, Senior Director of Investor Relations. You may begin.

Thank you, Tawanda, and good morning, everyone. Welcome to Curtis Wright's fourth quarter 2020 earnings conference call. Joining me on the call today are Executive Chairman Dave Adams, President and Chief Executive Officer Lynn Bamford, and Vice President and Chief Financial Officer Chris Farkas. Our call today is being webcast. and the press release, as well as a copy of today's financial presentation, is available for download through the investor relations section of our company website at www.curtiswright.com. A replay of this webcast also can be found on the website. Please note, today's discussion will include certain projections and statements that are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations, and are not guarantees of future performance. We detail those risks and uncertainties associated with our forward-looking statements and our public violence with the SEC. As a reminder, the company's results include an adjusted non-GAAP view that excludes certain costs in order to provide greater transparency into Curtis Bright's ongoing operating and financial performance. Reconciliations for current and prior year periods are available in the earnings release at the end of this presentation and on our website. Any references to organic growth exclude the effects of restructuring, foreign currency translation, acquisitions, and divestitures unless otherwise noted. Now I'd like to turn the call over to Dave to get things started. Dave?

Thanks, Jim. Good morning, everyone. I'll begin today with an update on the leadership transition plan announced in early December. Then I'll turn the call over to Lynn and Chris to take you through Curtis Wright's financial results and guidance. As I reflect upon my career at Curtis Wright, I'm reminded of how fortunate I am to have been a part of this iconic institution. It has truly been a rewarding experience over the last 21 years for me. As CEO for just over the past seven years, I have witnessed firsthand the dedication of our employees who have continued to press forward with their unyielding commitment to the one Curtis Wright vision and our march to achieve top quartile financial performance. Thank you to all our employees who have helped us earn this lofty achievement. My time spent with our investment community has also been extremely rewarding to me personally. I'd like to thank each and every analyst, shareholder, and prospective shareholder for your confidence in our leadership team. Your encouragement over the years was meaningful and motivating. I will surely miss the interactions. Now I'd like to congratulate Lynn on her new role as Curtis Wright's president and chief executive officer. Lynn's appointment to CEO is incredibly well-deserved. Since joining Curtis Wright in 2004, she has established herself as a respected leader with a longstanding track record of success. This includes her progression through the organization from the leader of our defense electronics businesses to her most recent role as president of the defense and power segments. She has experienced in executing our strategic growth initiatives, driving significant financial performance, and integrating numerous defense acquisitions. Lynn has been a catalyst in driving tremendous value for CourageRite and our shareholders, which in turn solidified her reputation as the ideal choice to lead the company. She has also been actively engaged with our analysts and investors over the past few years, many of whom are dialing in today. and I'm certain that you will all enjoy getting to know Lynn more in the years ahead. Lynn's appointment to CEO, like Chris's appointment before her and the COO transition announced yesterday, is a reflection on our deeply ingrained succession planning process. I would like to congratulate Kevin Raymond, again, who many of you have met as the president of our commercial industrial segment, on being named the next Chief Operating Officer. Kevin is replacing Tom Quindley, who will retire in April. Tom has had a very successful tenure at Curtis Wright, leading the company's drive for operational excellence and discipline to achieve top quartile financial performance, particularly in terms of operating margin expansion. We wish Tom well in his retirement. In summary, I'd like to thank you all for your continued interest in Curtis Wright over the years. I'm very excited for the opportunities that are ahead for this great organization and look forward to serving as executive chairman. On behalf of the board, I'm confident that we are in great hands with Lynn and her management team leading the way. Now I'll turn the call over to Lynn. Lynn?