Press Release June 22, 2005

EDO WINS RE-COMPETITION FOR MARINE CORPS TRANSITION SWITCH MODULE
$240 Million Contract Now Secured

NEW YORK - June 22, 2005 - EDO Corporation (NYSE: EDO) has been awarded a contract for a new generation of Marine Corps battlefield-communications equipment known as the Transition Switch Module. The company has now received the signed contract that was announced by the Department of Defense on May 25. The indefinite-delivery/indefinite-quantity contract has a maximum value of $240 million for the procurement of up to 476 units.

The contract was originally awarded to EDO in June 2004. However, a protest of the award was filed by a competitor, causing the Marine Corps to re-compete the contract. EDO was successful in the re-competition.

Work is expected to begin immediately, and be completed by May 2010. The company has been issued the first delivery order under the contract, for $5.2 million, to initiate the engineering and development phase.

The Transition Switch Module will provide digital voice, data, and video communications to deployed Marine units. It will dynamically allocate bandwidth to handle the demanding needs of net-centric warfare.

TSM will also be a key element in the Marine Corps’ transition from legacy tri-service tactical switches to current commercial technology. Another key element of this transition is the Joint Enhanced Core Communication System, or JECCS, which EDO is also producing for the Marine Corps. JECCS provides a mobile telecommunications "central office", mounted on a "Humvee", and connects with Transition Switch Modules to give individual Marines full access to the communications network.

"EDO is aggressively seeking a larger role in battlefield communications," said CEO James M. Smith. "The resolution of this contract allows us to demonstrate our expertise at implementing the Marine Corps’ network-communications strategy."

TSM consists of three major components. The Deployable End Office Suite (DEOS) will provide voice-circuit switching and call-service-attendant capabilities. The Remote Subscriber Access Module (RSAM) will extend these telephone and data services to remote users. The Deployable Integrated Transport Suite (DITS) will provide bandwidth management, multiplexing, data distribution, and technical control functions. The DEOS, RSAM, and DITS will be integrated into transit cases for unit transport. The contract includes engineering design, production, testing, associated training, training devices, spares, field service, engineering/logistics services, and provisioning technical documentation.

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 revenue, 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