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SIR ROBERT WALMSLEY JOINS EDO BOARD
Named Chairman of EDO (UK) Ltd.
NEW YORK & LONDON - April 27, 2004 - The Directors of EDO Corporation (NYSE: EDO) today elected Robert Walmsley to the company’s Board. This brings the number of Board members to twelve, of which eleven are independent directors. He has also been appointed Chairman of the Board of the company’s British subsidiary, EDO (UK) Ltd. Both appointments are effective as of May 1.
Sir Robert Walmsley, 63, was most recently Chief of Defence Procurement at the UK Ministry of Defence (MoD), a post which he held from 1996 until his retirement from public service in 2003. Prior to his MoD appointment, Sir Robert had a distinguished career in the Royal Navy, where he rose to the rank of Vice Admiral in 1994 and served for two years as Controller of the Navy.
"We are very pleased to have Rob Walmsley join EDO as an independent director and as chairman of our UK operations," said James M. Smith, EDO Corporation's chief executive officer. "He brings leadership and experience in areas that are essential to the further growth of EDO (UK). In addition, his military and engineering background are cultural bonds that unite the EDO team worldwide. We look forward to his contributions as we strive to expand our role in the international defense industry."
Walmsley entered the Royal Navy in 1958 as an engineering specialist. He held a range of seagoing appointments, mainly in submarines, during which time he developed an expertise in nuclear propulsion. He was appointed KCB (Knight Commander of the Order of the Bath) in 1995 and is a Fellow of the Royal Academy of Engineering (FREng) of the Royal Society of Arts and of the Institution of Electrical Engineers.
EDO (UK) Ltd is the parent company of EDO Corporation’s UK operations. The chief executive officer of EDO (UK) is Managing Director David Jones.
EDO Corporation provides military and commercial products and professional services, with core competencies in a wide range of critical defense areas, including:
EDO (www.edocorp.com) was founded in 1925, and is headquartered in New York City. The company had revenues last year of $461 million, and employs 2,700 people.
Contact:
William A. Walkowiak, CFA
Director of Investor Relations
(212) 716-2038
ir@edocorp.com
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