Press Release - November 14, 2003

EDO AWARDED CONTRACT FOR RUGGED COMPUTER DEVICES

NEW YORK & BRIGHTON, England -- November 14, 2003 -- EDO Corporation (NYSE:EDO) has been awarded an initial £2.3 million (approx. $3.8 million) contract to supply rugged computer devices to the UK’s BOWMAN communications system. The contract was awarded by General Dynamics United Kingdom Ltd., the prime contractor for the BOWMAN system, to EDO’s MBM Technology Ltd unit in Brighton.

BOWMAN is a tactical, secure digital voice and data communications system. It will replace the 1960s Clansman radio system, and is expected to provide the infrastructure to support military command and control applications until at least 2026.

Under the contract, two types of device will be supplied. The first, and higher volume requirement, is for an Access Control Device (ACD) that will allow authorized users to access the BOWMAN User Data Terminal (UDT) computers. The second is an External Memory Device (EMD) which allows data to be stored and transferred between computers.

"Sales of our extremely rugged portable computers and related devices are growing rapidly," said James M. Smith, EDO's chief executive officer. "We are delighted to have now gained an entry into the BOWMAN program, and will continue to seek ways in which we can offer products to support the UK’s digitization efforts."

EDO MBM Technology’s product line includes the recently developed Termite LT465 Fire Control Computer that is being supplied for the UK’s Fire Control – Battlefield Information Systems Application program. The Termite will be used as a reversionary mode for the FC BISA targeting system which will be one of the first BISAs to run on the BOWMAN tactical communications infrastructure. The Termite is the result of significant investment by the company over the past two years. It has been designed to balance exceptional performance with user friendliness and the rugged protection to withstand rough treatment on the battlefield. It has passed the highest (Land Class A) standards for resistance to electro-magnetic interference and low signal emission, allowing it to perform safely alongside other electronic systems. It is the only UK-designed and developed rugged, handheld computer.

EDO Corporation provides military products and professional services to the US, UK, and other 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 commercial product lines. A disciplined acquisition program is diversifying the base of major platforms and customers. EDO is at the core of the transformation to lighter, faster, and smarter defense capabilities.

EDO (www.edocorp.com) was founded in 1925, and is headquartered in New York City. The company had revenues last year of $329 million, and employs 2,800 people.

Contacts:
Celia Turner
Communications Consultant, EDO MBM Technology Ltd
(Phone) +44 (0)20 7485 7760
(Mobile) +44 (0)7703 344425
celia@celiat.fsnet.co.uk

Steve Northam
Sales & Marketing Director, EDO MBM Technology Ltd
(Phone) +44(0)1273 810 531
(Mobile) +44(0)7976 926 968
snortham@mbmtech.co.uk

William A. Walkowiak, CFA
Director of Investor Relations, EDO Corporation
(Phone) +1 212-716-2038
ir@edocorp.com

Note for Editors
Pictures are available at the following Web address:
http://www.edombmrugged.com/images/usb-keys-without-label.jpg

Forward-Looking Statements
Certain statements made in this release, including statements about future revenue, 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.