Press Release - April 14, 2003

EDO CORPORATION APPOINTS DIRECTOR OF INVESTOR RELATIONS

NEW YORK - April 14, 2003 - EDO Corporation (NYSE:EDO) announced today that William A. Walkowiak, age 52, has joined the company as Director of Investor Relations. He will be responsible for coordinating all communications with the investment community.

Walkowiak (pronounced wall cove' iak) brings 30 years of financial-management and communications experience to EDO, with an extensive investor relations background. Prior to joining EDO, he was a Vice President at Lippert/Heilshorn & Associates, where he provided investor relations consulting services to senior management for a diverse base of international companies. He is an active member of the National Investor Relations Institute, where he serves as Vice President and treasurer of the New York chapter.

Walkowiak is a 23-year veteran of AT&T and Bell Atlantic Corporation, a predecessor of Verizon Communications, which included seven years of responsibility for investor and rating-agency relations. He also directed investor relations at PureTec Corporation, prior to its acquisition by Tekni-Plex Inc. in 1998. During 1987-1988, Walkowiak served at the U.S. Securities and Exchange Commission as part of the team responsible for launching the EDGAR system. He is a graduate of West Chester University and the Wharton Business School, and is also a Chartered Financial Analyst.

Chairman and Chief Executive Officer James M. Smith said, "Our substantial growth over the past three years has created the need for a qualified professional to manage the critical communications with analysts and investors. Our business volumes, in terms of revenues, have increased approximately four-fold, and the demands of the investment community have grown proportionately. We are delighted to have Bill join our team to build and manage this new function at EDO."

EDO Corporation provides military products and professional services to the United States and allied governments, and their prime defense contractors. EDO focuses on systems and subsystems that are integral to the success of long-term military platforms, such as the B-1B bomber, the F/A-22, the Joint Strike Fighter, and the Comanche Helicopter. Examples of the company's highly engineered products include aircraft weapon-release systems, ship and aircraft self-protect systems, and high-performance composite structures. The company also has a number of high-performance commercial product lines. An aggressive acquisition program is diversifying the base of major platforms and customers. EDO is at the core of the transformation to a lighter, faster, and smarter national defense capability.

Forward-Looking Statements
Certain statements made in this release, including statements about future sales, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: changes in demand for the company's products and services, product mix, the timing of customer orders and deliveries, the impact of competitive products and services and pricing, and other risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

Contact:
William A. Walkowiak, CFA
Director of Investor Relations
(212) 716-2038
ir@edocorp.com