EDO AWARDED SONAR CONTRACT BY NORTHROP GRUMMAN

NEW YORK - February 12, 2004 - EDO Corporation (NYSE:EDO) has been awarded a $2.2 million contract from Northrop Grumman Corporation (NYSE: NOC) for continued production of acoustic modules for the Light Weight Wide Aperture Array sonar system on the Virginia-class attack submarine. This latest order covers production of two shipsets of sonar-array subassemblies.

In this follow-on contract EDO will take fiber-optic acoustic-sensor assemblies supplied by Northrop Grumman and integrate them into large multi-sensor acoustic modules that conform to the hull of the submarine.

"We have played a key role in the U.S. Navy's Wide Aperture Array Program on submarines since the early 1980's." said James M. Smith, EDO's chief executive officer. "The award indicates the continued high confidence and trust that Northrop Grumman and the Navy have in EDO's capabilities to meet the demanding requirements placed on sonar-array hardware in the submarine operating environment."

The work will be performed by EDO’s Electro-Ceramic Products unit in Salt Lake City, Utah. EDO Electro-Ceramic Products provides sonar equipment for anti-submarine and mine warfare, and for underwater navigation and communication sonar for surface ships and submarines.

EDO 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