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DANISH AIR FORCE SELECTS EDO/TERMA
ENHANCED SMART TRIPLE EJECTOR RACKS
FARNBOROUGH, U.K. - July 18, 2006 - EDO Corporation (NYSE: EDO) and Terma A/S have been selected by the Danish Air Force to deliver Enhanced Smart Triple Ejector Racks (ESTER) in support of the European Participating Air Forces (EPAF) F-16 M5 Mid-Life Update program. These initial ESTER units will be used to support M5 System Integration Laboratory and flight testing later in 2006.
The existing Triple Ejector Rack is a weapon-suspension unit that attaches to an aircraft's weapon pylons, enabling each pylon to carry three weapons. The existing TER-9 version is suitable for under-wing F-16 laser-guided and ballistic weapons, with the ability to release weapons individually.
The EDO/Terma ESTER program will upgrade TER-9 racks by adding the capability to carry modern "smart" weapons that operate on the military standard 1760 interface. These include the Joint Direct Attack Munitions (JDAM), Enhanced Paveway II (EGBU-12), and future Small Diameter Bomb (SDB).
"The ESTER is an affordable force multiplier that will maximize the legacy and smart weapons carriage of the F-16, enabling our air force to meet the mission effectiveness requirements" said Kai Poulsen, Chief of Business Area - Fighter Aircraft of the Royal Danish Air Force."
The F-16 "Fighting Falcon," which has been in production by Lockheed Martin for more than 25 years, is used in at least 24 countries. Over 4,000 aircraft have been produced, offering a substantial potential market for upgrading to ESTER.
About EDO Corporation
EDO Corporation is the market leader in sophisticated aircraft-armament carriage and
release systems. For decades, EDO has provided such equipment for the world’s dominant
jet fighters, including the F-15, F-16, F/A-18, Tornado and Harrier. For the F/A-22,
EDO has developed and produces the AMRAAM Vertical Eject Launcher (AVEL), which employs
the company’s state-of-the-art pneumatic ejection technology.
EDO is developing pneumatic launching systems for the F-35 Joint Strike Fighter, the P-8 Multi-mission Maritime Aircraft, and the MQ-9 Predator B unmanned aircraft system. The company is also developing a launching system for the Joint Common Missile.
In addition to aircraft armament systems, EDO has core competencies in a wide range of critical defense areas, including:
With headquarters in New York, EDO Corporation (www.edocorp.com) employs 3,000 people worldwide. The company was founded in 1925 and had revenues of $648 million in 2005.
About Terma A/S
Terma, a leading Denmark-based defense and aerospace company, is a proven developer of
electronic warfare systems, reconnaissance systems, and aeronautic structures for high-performance
military aircraft. These systems include the ALQ-213 Electronic Warfare Management system
which is deployed on over 1,600 F-16’s and other aircraft, worldwide.
The business activities of Terma include products and systems for a number of civil and military applications including S/X-band radars and radar systems, naval command and control systems, air defence systems, communication systems and applications and services for space purposes and air traffic management.
Terma A/S is headquartered in Lystrup, Denmark and maintains subsidiary facilities and operations in a number of European countries and in the U.S., including the wholly owned subsidiary, Terma North America, Inc. The company employs approximately 1,100 people worldwide, and realized 2005 revenues of approximately US $180 million.
Contacts:
William Meiklejohn
Director of Business Development
Integrated Systems and Structures Sector, EDO Corporation
Tel +1 267 960 2500
bill.meiklejohn@edocorp.com
William A. Walkowiak, CFA
Director of Investor Relations, EDO corporation
Tel +1 212 716 2038
ir@edocorp.com
John Rygaard
Director, Sales
Airborne Systems, Terma A/S
Tel +45 8743 6512
Mobile +45 4018 6512
jor@terma.com
Kasper Rasmussen
Vice President, Corporate Communicaion, Terma A/S
Tel +45 8743 6091
Mobile +45 2022 6091
kar@terma.com
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