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EDO WINS THREE CONTRACTS TO SUPPORT MARINE CORPS AND NAVY PROGRAMS
NEW YORK - Oct. 13, 2005 - EDO Corporation (NYSE: EDO) has been awarded three competitively-procured contracts totaling $15.4 million. The contracts are for professional services provided to U.S. Marine Corps and Navy programs.
The
awards include a five-year, $7.5 million contract renewal to support the Marine Corps
Joint Concept Development and Experimentation office. As part of the effort, EDO professionals
interact with the U.S. Joint Forces Command to develop and assess joint warfighting concepts
and experiments in areas such as joint command and control, battlespace awareness, logistics,
force protection, information operations, and force application. They also support war
games, prototype initiatives, limited objective experiments, and similar matters for
Joint Urban Operations.
In a new competitive win, EDO was awarded a $3.6 million design and engineering contract supporting the Marine Corps Logistics Command and Control (Log C2) component of the Marine Corps Global Combat Service Support System (GCSS-MC), a program intended to advance future readiness and operations with deployable IT tools. EDO will develop specifications and documentation for an operational architecture to address command and control of logistics functions.
In support of the Navy’s Flying Hour Program, EDO professionals will collect and analyze data used to assess fleet aviation readiness. The four-year, $4.3 million contract renewal includes participation in the Navy FHP strategic planning process and integration.
"Our talented professionals provide the U.S. government with an extensive range of highly specialized skills," said James M. Smith, EDO's chief executive officer. "Here we have three more examples of the value being added to complex military planning and coordination functions. We are proud of our long history of service to the national defense, and of each EDO professional that is striving for excellence in his/her individual role."
EDO Corporation designs and manufactures a diverse range of products for the defense industry and commercial markets, and provides related engineering and professional services.
EDO (www.edocorp.com) was founded in 1925 and is headquartered in New York City. The company employs 2,800 people and had revenues of $536 million in 2004.
Contact:
William A. Walkowiak, CFA
Director of Investor Relations
(212) 716-2038
ir@edocorp.com
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