![]() |
|
EDO TO PROVIDE ELECTRONIC SUPPORT MEASURES SYSTEM
FOR LITTORAL COMBAT SHIP
NEW YORK - Nov. 29, 2005 - EDO Corporation (NYSE: EDO) has been selected by General Dynamics Advanced Information Systems to provide up to two of its ES 3601 tactical radar Electronic Support Measures (ESM) and surveillance systems for use on the General Dynamics Flight 0 Littoral Combat Ships. The Littoral Combat Ship is intended to be a transformational high-speed, long-endurance and reconfigurable surface combatant.
The ES 3601 is a state-of-the-art precision system that enhances ship survivability by detecting, identifying, and locating hostile ship and missile radar signals early and efficiently. With this information, the ship’s commander is able to react to the threat.
"Early, accurate threat identification is essential for an effective defensive response," said James M. Smith, EDO’s chief executive officer. "Envisioned as an agile surface combatant, the LCS will rely heavily on technologically advanced weapons, sensors, and self-defense systems, such as our ES 3601. General Dynamics used their open architecture approach to select the best of breed for every aspect of the LCS mission systems. EDO has been a leader in this technology for decades, and supplying this system to the Navy’s newest surface combatant will help assure our continued leadership."
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 2,800 people and had revenues of $536 million in 2004.
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 71,900 people worldwide and had 2004 revenue of $19.2 billion. The company is a market leader in mission-critical information systems and technologies; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and business aviation. More information about the company can be found at www.generaldynamics.com.
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
Privacy Policy | Guest Ledger | Copyright© 2005