EDO INTRODUCES PNEUMATIC TWIN-STORE CARRIAGE SYSTEM
FOR SMART WEAPONS

FARNBOROUGH, U.K. - July 19, 2004 - EDO Corporation (NYSE: EDO) has introduced a new "smart", pneumatic, twin-store carriage system at the Farnborough International Air Show.

The aircraft-armament carriage system is designed to increase the weapons payload on high-performance tactical aircraft, including the F-16 Falcon and F-35 Joint Strike Fighter. This system is the next generation of EDO’s "smart-rack" Bomb Release Units, the BRU-57 and BRU-55, that incorporates the latest in military-grade electronics and pneumatics.

The new unit’s highly reliable pneumatic-ejection system offers a number of advantages over pyrotechnic-cartridge ejection technology, including reduced maintenance expenses. The twin-store unit also provides substantial cost savings and improves operational capabilities by doubling the smart-weapon payload. The carriage system interfaces with smart weapons in the 500 to 1000 pound range, such as JSOW, JDAM, and WCMD, and enables individual targeting and release of each weapon.

"As an evolution to our BRU-57/BRU-55 product line, this system represents a best-value solution to high-performance, smart, multiple-store carriage" said Frank Otto, EDO’s chief operating officer. "We believe there is a domestic and international market potential of thousands of aircraft that can benefit substantially from this state-of-the-art BRU technology"

About EDO Corporation
EDO Corporation is the market leader in sophisticated aircraft-armament carriage and release systems. For decades, EDO has provided such equipment for the world’s dominant jet fighters, including the F-15, F-16, F/A-18, and Tornado. For the F/A-22, EDO has developed and produces the AMRAAM Vertical Eject Launcher (AVEL), which employs the company’s state-of-the-art pneumatic ejection technology. EDO is also developing a pneumatic suspension and release system for the F-35 Joint Strike Fighter.

EDO continues to invest in the advancement of weapon-interfacing systems and is teamed with Lockheed Martin for the development of a launching system for the Joint Common Missile. EDO (UK) is teamed with Raytheon on the recently awarded RAF Paveway IV development and production contract..

In addition to Aircraft Armament, EDO Corporation has core competencies in a wide range of critical defense areas, including:

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

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.

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

Ed Mygland
Corporate Director of Business Development
(212) 716-2021
ed.mygland@edocorp.com