Press Release - November 19, 2003

EDO WINS CONTRACT FOR ELECTRONIC SURVEILLANCE SYSTEM
ON S-CLASS FRIGATES FOR GREEK NAVY

NEW YORK -- November 19, 2003 -- EDO Corporation (NYSE:EDO) has been awarded a contract to supply six CS-3701 Electronic Support Measures systems for use on S-class frigates under the Hellenic navy’s mid-life modernization program. Deliveries under the contract, which is in excess of $10 million, are expected to begin by November 2004 and be completed in 2008.

The CS-3701 ESM is a precision direction-finding system currently in use by several international navies for both surface and subsurface vessels. It provides improved situation awareness, targeting, self-protection and surveillance. The system continuously monitors potential radar threats, even in difficult electromagnetic environments, allowing the ship’s crew to quickly take defensive action.

The CS-3701 ESM equipment will be manufactured at EDO’s Reconnaissance and Surveillance Systems unit, located in Morgan Hill, Calif. In addition, associated Circular Array Interferometer antennas will be supplied by EDO’s Antenna Products and Technologies unit in Deer Park, N.Y. This antenna technology allows constant 360 degree surveillance, providing an extremely accurate, instantaneous direction-finding capability.

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.

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, EDO Corporation
(Phone) +1 212-716-2038
ir@edocorp.com