AEROSPACE & ELECTRONICS BRENDAN CURRAN PRESIDENT

AEROSPACE & ELECTRONICS BRENDAN CURRAN PRESIDENT

Executive Summary Revenue projections growing with commercial volumes and strengthening defense market Maintaining excellent margins High-value products continue to differentiate Continued focus on critical technology development Maintaining disciplined strategic growth investment 2

Aerospace & Electronics Overview and Results Market Outlook Technological Differentiation and Growth Summary 3

Aerospace & Electronics HERITAGE BRANDS SOLUTIONS MARKETS Founded Lear Romec 1904 Hydro-Aire 1943 P.L. Porter 1947 Merrimac 1954 Polyflon 1956 ELDEC 1957 Keltec 1958 Interpoint 1969 Signal Technology 1982 Fluid Management Cabin Systems Landing Systems Sensing Systems Power Solutions Microwave Solutions Commercial Aviation Defense Space Heritage Brands with Decades of Proven Experience 4

Aerospace & Electronics Industry leading profitability from 2,500 employees across 10 worldwide sites Mission-Critical capabilities for Commercial, Defense and Space Market leading technologies with decades of proven performance Other Other 8% 6% SENSING SYSTEMS Position Proximity Pressure POWER SOLUTIONS Converters Filters TRUs, ATRUs Battery Chargers Power Supplies Commercial Commercial Aftermarket CABIN Aftermarket 19% SYSTEMS 19% Defense Actuation Defense Aftermarket Seat Aftermarket Control 7% 8% OEM Commercial LANDING OEM Commercial SYSTEMS 43% 45% Brake control Brake temperature & tire pressure MICROWAVE SOLUTIONS Beamformers Frequency Sources Multi-function Microwave RF Switch Matrices FLUID MANAGEMENT Gauging Fuel flow Pumps Broad Business with Balanced Portfolio and Customer Base 5

Aerospace & Electronics ($ Millions) 2014 2015 2016 2017 2018G Sales 696 691 746 691 723 Operating Profit* 146 145 150 150 155 Operating Margin* 20.9% 21.0% 20.1% 21.8% 21.5% Aerospace & Electronics 25% Commercial Aftermarket 19% Military Aftermarket 8% OEM Military 23% OEM Commercial 50% Consistently High Returns While Investing for the Future * Excludes Special Items. Please see non-gaap Financial Measures tables for details. Note: Charts based on 2017 actual results. 6

Aerospace & Electronics Overview and Results Market Outlook Technological Differentiation and Growth Summary 7

Aerospace & Electronics Outlook OEM Aftermarket Exceptional business performance Market conditions improving Single aisle build rates increasing Defense remains stable Defense spending ramping up Commercial positioned for growth Segment Sales 2017 2018G 2019 21 Commercial -2% 8% ++ Defense -21% 3% ++ Total OEM -9% 6% ++ Segment Sales 2017 2018G 2019 21 Commercial 1% 2% + Defense -9% 1% + Total Aftermarket -2% 2% + All Markets Transitioning to Long-term Growth 8

Growth Platforms Drive Market Outperformance Significant Content on Major Programs Boeing 737 MAX Boeing 787 Boeing 777X Airbus A320neo Airbus A330neo Embraer E-Jet E2 COMAC C919 F-35 Cabin Fluid Landing Power Sensing Microwave Boeing 737 MAX Boeing 787-9/10 Boeing 777X Airbus A320neo Airbus A330neo Embraer E-Jet E2 C919 F-35 Aligned With Projected Single Aisle Segment Growth 9

Broad Defense Market Presence Aircraft, Naval & Space Systems Airborne & Ground-based Radars Electronic Warfare Missiles & Ballistic Missile Defense Directed Energy Electrified Vehicles & Systems 10

Continuous Program Presence Launched Airbus A330neo Mature Boeing 737 Classic Boeing 747-400 Boeing 757 Boeing MD-80/90 Boeing MD-11 Production Boeing 737NG Boeing 777 Boeing 787 Airbus A320ceo Airbus A330ceo Airbus A380 Bombardier CRJ7/9/1000 Embraer E-Jet Airbus A320neo Boeing 737 MAX Boeing 777X COMAC C919 Embraer E-Jet E2 Lockheed F-35 Airbus A300/A310 Airbus A340 1970 2020+ Strong Production and Aftermarket Business Profile 11

Visibility to Long-Term Sales Growth Segment Sales ($M) $1,200 $1,100 $1,125 $1,000 $900 $945 $800 $700 $723 $600 $500 2011 2012 2013 2014 2015 2016 2017 2018G 2019E 2020E 2021E 2022E 2023E 2024E 2025E 2026E 2027E Actuals 3% CAGR 5% CAGR New Programs Driving Growth 12

Aerospace & Electronics Overview and Results Market Outlook Technological Differentiation and Growth Summary 13

Aerospace & Electronics Commercial Aviation CORE COMPETENCIES Exceptional Reliability Market-Leading Accuracy Demonstrated Technology Customer Focus ENGINEERING & PROGRAM MANAGEMENT RESOURCES Defense Exceptional Accuracy and Reliability Advanced Packaging Reliable in Tough Environments Mission-ready Other 78% Engineering 22% Space Space-grade Reliability Certified for Extreme Environments Agile Speed-to-Market Heritage of exploration technology Focus on Core Competencies Yielding Market Success 14

Investing in Growth Opportunities R&D ($M) % of Sales $90 12% $75 9% $60 $45 6% $30 $15 3% $- 2014A 2015A 2016A 2017A 2018E Internal R&D ($M) External R&D ($M) R&D % of Sales 0% Maintaining Engineering Capability Shift to Funded Programs 15

STRATEGIC PRIORITIES Technology Roadmap Timeline PROPULSION AIRCRAFT SYSTEMS ELECTRICAL SYSTEMS SPACE SYSTEMS 5 YEARS Ensure Crane retains market position & grows technology Unit Cost Higher Temperature Higher Pressure Unit Cost Increased Functionality Unit Cost Power Density Unit Cost Radiation Hardened Smaller/Lighter 10 YEARS Enhance Technology & Market Competitiveness Smart components Reduced form factors Sensor Integration Wireless Sensing Motion Control More Electric Aircraft Power Density Increased Frequency 15 YEARS Prepare for Future by Developing Technologies More Electrical Aircraft Distributed Propulsion Smart Sub-Systems Superconducting Electrical High-Performance Energy Storage Self tuning frequency 16

Technical Innovation Investing for Growth Connected Cabins Wireless Sensing Advanced Pumps & Transmitters High Power Management Electrification Directed Energy Landing Gear Monitoring & Control Advanced Microwave Systems 17

Aerospace & Electronics Overview and Results Market Outlook Technological Differentiation and Growth Summary 18

Summary 1 Fundamental strategy remains consistent 2 Program wins driving future growth 3 Well positioned for new technology insertion opportunities 4 Vigilant in execution and profitability Well Positioned for Continued Profitability and Long-Term Growth 19

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