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EXHIBIT (21)

SUBSIDIARIES OF REGISTRANT

  The information below is provided, as of March 15, 1995, with respect to
the subsidiaries of Registrant.  The names of certain inactive subsidiaries
and other consolidated subsidiaries of Registrant have been omitted because
such subsidiaries, considered in the aggregate as a single subsidiary, would
not constitute a significant subsidiary.
                      
                      
                                                      Percentage of Voting     
                           Organized Under            Securities Owned by
Name                       the Laws of                Immediate Parent    

Curtiss-Wright Flight      Delaware                         100
  Systems, Inc.

Curtiss-Wright Flight      Ohio                             100
  Systems/Shelby, Inc.

Metal Improvement          Delaware                         100
  Company, Inc.

Target Rock                New York                         100
  Corporation