Press Release - November 25, 2003

EDO DECLARES QUARTERLY CASH DIVIDEND

NEW YORK -- November 25, 2003 -- The Board of Directors of EDO Corporation (NYSE:EDO) has declared a regular quarterly cash dividend on the company’s common stock of $0.03 per share, payable on Jan. 9, 2004 to shareholders of record at the close of business on Dec. 19, 2003. This will be the company’s 28th consecutive quarterly dividend payment.

Chairman of the Board James M. Smith stated that the dividend payout is reviewed periodically, with the objective of enhancing shareholders' return on investment consistent with the company's profitability and capital requirements.

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.

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