Group 1 - The fiscal year '26 budget for modernization accounts is projected to increase by over 20%, indicating robust funding flows for the defense sector [1] - Curtiss-Wright, a 95-year-old company, has over 50% of its business in defense, making it significantly impacted by the DoD budget changes [2] - The company specializes in engineering and manufacturing highly engineered systems that are critical and often safety-related [3]