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MARINE CORPS INCREASES ORDER FOR EDO's JOINT COMMUNICATIONS SYSTEM
NEW YORK - May 4, 2004 - EDO Corporation (NYSE: EDO) has been notified that the Marine Corps Systems Command has increased its order for the company’s AN/TSQ-231 Joint Enhanced Core Communication System from eight to eleven units. The value of the firm-fixed-price delivery order has been increased from $19.3 million to $26.3 million. The original order was announced by EDO in a press release on April 26.
The JECCS is a tightly integrated and multifunctional communication system mounted on a High Mobility Multipurpose Wheeled Vehicle (HMMWV). The system provides secure and non-secure voice and data telecommunication services, local-area-network and network-management services, messaging services, and satellite capabilities for a Marine Expeditionary Unit (MEU). The order was made under an indefinite-delivery/indefinite-quantity contract originally awarded to Darlington Inc. prior to their acquisition by EDO in March 2003. Darlington has been incorporated into EDO’s Combat Systems Division.
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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