Crane Company is a diversified manufacturer of highly engineered industrial products. The Company operates through three segments: Aerospace & Electronics (A&E), Process Flow Technologies (PFT) and Engineered Materials (EM). The A&E segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The PFT segment provides highly engineered fluid handling equipment for mission critical applications that require high reliability. The segment is comprised of process valves and related products, pumps and systems and commercial valves. The EM segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, and in commercial and industrial buildings applications, with some additional applications, including trailers and other transportation-related products.