EDO Press Release October 19, 2006

EDO RECEIVES CONTRACT FOR MISSILE WARNING SIMULATION

NEW YORK - Oct. 19, 2006 - EDO Corporation (NYSE: EDO) has received a $20 million five-year contract for continued development of a missile-warning simulation system. The U.S. Army’s Project Director for Aircraft Survivability Equipment awarded the contract to the EDO-CAS business unit.

The Common Missile Warning System (CMWS), currently employed on U.S. Army helicopters, was developed to enhance the survivability of helicopters from Man Portable Air Defense Systems (MANPADS). CAS has been supporting the CMWS with end-to-end simulation since 1994. This latest contract continues that simulation development effort. The simulation system is used to assess the performance and effectiveness of the CMWS in a variety of realistic operational environments.

EDO’s Chief Executive Officer James M. Smith explained that "our recent acquisition of CAS has added approximately 1,000 highly-skilled engineers and professionals to the EDO team. Their long-term record of service to the Army at the Redstone Arsenal in Huntsville, Ala. and around the world adds another important area of support to EDO’s 80-year legacy of serving our nation’s military."

EDO Corporation designs and manufactures a diverse range of products for defense, intelligence, and commercial markets. Major product groups include: Professional and Engineering Services, 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 (www.edocorp.com) employs 4,200 people worldwide. The company was founded in 1925 and had revenues of $648 million in 2005.

Contacts:

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

Sara Banda
Media Relations
(212) 716-2071
media@edocorp.com