Press Release June 1, 2005

EDO RECEIVES CONTRACT FOR NAVY F/A-18 SMART RACKS

NEW YORK - June 1, 2005 - EDO Corporation (NYSE: EDO) has been awarded an $11 million contract for the first production lot of 135 BRU-55 dual-carriage, "smart" bomb racks for the Navy’s F/A-18 aircraft. The contract will extend for approximately 24 months and includes an option for additional production units.

The contract for the bomb release units (BRU) was awarded by the Naval Air Systems Command at the Naval Air Warfare Center, Patuxent River, Maryland. In addition to the production hardware, the contract includes acceptance testing, maintenance documentation, and logistical support.

The BRU-55 smart rack incorporates the electronics necessary to interface with "smart weapons", such as the GBU-38 (500-pound JDAM). The BRU-55 enables individual targeting and release of each weapon. And because it doubles the smart-weapon carriage capacity of an F/A-18, it offers the potential for significant operational cost avoidance.

"We consider dual carriage of 500-pound JDAM, a capability that the BRU-55 provides, to be a critical tool for the US Navy in the Global War on Terrorism," said Commander Bill Dooris, the F/A-18 Requirements Officer in the office of the Chief of Naval Operations (N78).

The BRU-55 will initially be utilized on the F/A-18 A+, C & D models. The Super Hornet (F/A-18 E/F) will be BRU-55 capable upon completion of an integration-and-test effort which is currently underway.

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 2,700 people and had revenues of $536 million in 2004.

Forward-Looking Statements
Certain statements made in this release, including statements about future sales, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: changes in demand for the company's products and services, product mix, the timing of customer orders and deliveries, the impact of competitive products and services and pricing, and other risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

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