Curtiss-Wright (CW), mcap=$6.4bn, price $167 vs $145

Provider of highly engineered and mission-critical technologies to the Aerospace & Defense and industrial markets. Attractive valuation at 16x PE. With 56% of revenues generated from the defense markets is set to benefit from higher defense spending in a rising threat environment. Owns multiple businesses of unique strategic value with a portfolio of critical technologies that are unlikely to be displaced.