EDO Press Release February 21, 2006

EDO DECLARES QUARTERLY CASH DIVIDEND

NEW YORK - Feb. 21, 2006 - 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 7, 2006 to shareholders of record at the close of business on March 3, 2006. This will be the company’s 37th consecutive quarterly dividend payment.

EDO Corporation designs and manufactures a diverse range of products for defense, intelligence, and commercial markets, and provides related engineering and professional services.

Major product groups include: Defense Electronics, Communications, Aircraft Armament Systems, Undersea Warfare, and Integrated Composite Structures. EDO’s advanced systems are at the core of the transformation to lighter, faster, and smarter defense capabilities.

With headquarters in New York, EDO Corporation employs 3,000 people worldwide. The company was founded in 1925 and had revenues of $536 million in 2004.

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