Press Release February 15, 2005

EDO DECLARES QUARTERLY CASH DIVIDEND

NEW YORK - February 15, 2005 - 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 April 8, 2005 to shareholders of record at the close of business on March 11. This will be the company’s 33rd 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: Defense Electronics, Communications, Aircraft Armament, Undersea Warfare, and Integrated Composite Structures. EDO’s advanced systems are at the core of the transformation to lighter, faster, and smarter defense capabilities.

EDO (www.edocorp.com) was founded in 1925 and is headquartered in New York City. The company employs 2,500 people and had revenues of $461 million in 2003. Financial results for 2004 are expected to be announced on Feb. 24.

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