EDO EXTENDS CAPABILITIES OF MALTS TRAINING SYSTEM
TO INCORPORATE LASER GUIDED TRAINING ROUNDS

FARNBOROUGH, U.K. - July 19, 2004 - EDO MBM Technology Ltd, a unit of EDO Corporation (NYSE: EDO) has announced a major new capability for its Modular Advanced Lightweight Training System (MALTS) practice-bomb carrier.

As displayed at the Farnborough International Air Show, MALTS is now able to carry Laser Guided Training Rounds (LGTR) to provide a complete air-to-ground weapon-training system. Certification trials will commence later this year.

The MALTS family of two, four, and six station carriers provides practice-bombing capability on any tactical aircraft. MALTS employs easily maintained electro-magnetic release units interfaced to the aircraft stores-management system. Thus, F-16 operators equipped with MALTS will eliminate the need for Triple Eject Rack (TER-9) inventory and the associated pyrotechnic maintenance, which requires a frequent, time-consuming cycle of removal, strip down and cleaning. MALTS requires only an annual service check.

Also, because of the low mass and cross-sectional area, MALTS may be flown as a permanent fit on the wing centre pylon, and without practice bombs has a full Cat 1 flight envelope. Swing-role training is therefore possible, avoiding a return to station and a second sortie.

EDO MBM continues to invest in the development of weapon-interfacing solutions and has recently introduced a new "jam free" Field Replaceable Connector System (FRCS) which has resolved electrical separation problems experienced with smart weapon releases. Earlier this year, the company also won the contract to supply the complete weapon-to-pylon interface for the UK RAF Paveway IV.

EDO MBM Technology Ltd produces weapon carriage and release systems, and rugged portable computers for the aerospace and defense industries.

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. The company is also teamed with Lockheed Martin for the development of a launching system for the Joint Common Missile.

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:
Celia Turner
Communications Consultant, EDO MBM Technology Ltd
+44 (0)20 7485 7760
Mobile: +44 (0)7703 344425
celia@celiat.fsnet.co.uk

Nick Guard
Business Development Manager, EDO MBM Technology Ltd
+44 (0)1273 810 528
Mobile: +44(0)7787 522 505
nick.guard@edombmtech.co.uk

William A. Walkowiak, CFA
Director of Investor Relations, EDO Corporation
+1 212 716 2038
ir@edocorp.com