NORWEGIAN SKJOLD-CLASS SHIPS TO BE EQUIPPED WITH
EDO ELECTRONIC SUPPORT SYSTEMS

NEW YORK - February 5, 2004 - EDO Corporation (NYSE:EDO) has been awarded a fixed-price contract by the French naval prime contractor, Armaris, for six ES-3701 ESM electronic-support and radar-warning units, and related training. The total value of the contract is more than $10 million.

As part of the Skjold Prime Consortium, Armaris, and two Norwegian companies, Kongsberg Defence & Aerospace and UMOE Mandal naval shipyard, will upgrade the prototype and build five new Skjold-Class Fast-Patrol Boats for the Royal Norwegian Navy. The Skjold-Class Fast-Patrol Boats are stealth surface-effect ships with a top service speed of 60 knots. These vessels will be delivered between 2006 and 2009. One ES-3701 system will be installed on each ship, and will be used to monitor, track, and analyze radar signals. Each will be fully integrated with the combat-management system supplied by Armaris in cooperation with Kongsberg Defense Aerospace.

"EDO’s ES-3701 ESM technology is rapidly becoming recognized by our allies as the most advanced threat-detection equipment available today," said James M. Smith, EDO's chief executive officer. "We are extremely proud to be working with Armaris and the entire international consortium that will build these ships for the Royal Norwegian Navy."

The ES-3701 is the premier international ESM system for naval applications. More than 45 systems have been sold to date, many of which are already in operation providing impressive at-sea performance. A key feature is the system’s precision direction-finding at long range, even in difficult electromagnetic environments. It can be integrated into any type of combat system multi-function console, and virtually assures the ability to intercept radar threats.

The ES-3701 ESM equipment will be manufactured at EDO’s Reconnaissance and Surveillance Systems business 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 United States and allied governments, and their prime defense contractors. The company also has a number of commercial product lines.

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, the Los Angeles and Virginia-class submarines, and the Comanche helicopter. EDO is a technology-driven company, with core competencies in a wide range of critical defense-mission areas, including:

Defense Electronics
Aircraft Armament
Undersea Warfare
Professional Services
C4I – Command, Control, Communications, Computers, and Intelligence
Integrated Composite Structures

EDO (www.edocorp.com) was founded in 1925, and is headquartered in New York City. The company employs 2,800 people.

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.

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