EDO DECLARES QUARTERLY CASH DIVIDEND

NEW YORK - December 7, 2004 - The Board of Directors of EDO Corporation (NYSE: EDO) has declared a regular quarterly cash dividend on the company’s common shares of $0.03 per share, payable on Jan. 7, 2005 to shareholders of record at the close of business on Dec. 17. This will be the company’s 32nd consecutive quarterly dividend payment.

EDO Corporation designs and manufactures a diverse range of products for the defense industry and commercial markets, and provides related engineering and professional services.

Major product groups include: Aircraft Armament, Defense Electronics, Communications, Undersea Warfare, and Integrated Structures. EDO’s advanced systems are at the core of the transformation to lighter, faster, and smarter defense capabilities.

EDO 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