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EDO RECEIVES ORDER FOR ANTI-JAM ANENNAS
NEW YORK - Oct. 24, 2006 - EDO Corporation (NYSE: EDO) has been awarded a contract from the U.S. Navy for the production of anti-jam Global Positioning System antennas for the Marine Corps AV-8B Harrier aircraft. The potential contract value, with options, is $3.5 million. Deliveries are scheduled to begin in 2007.
"Our ability to protect an aircraft’s GPS from enemy jamming is essential in modern warfare, making our antenna technology an integral element of the guidance system," said James M. Smith, EDO's chief executive officer.
In addition
to the Harrier, EDO’s anti-jam GPS antennas
have been installed on numerous platforms, including helicopters and unmanned vehicles
for both domestic and foreign military requirements. Most recently, they are being incorporated
into the U.S. Air Force’s next generation Advanced Digital Antenna Production (ADAP)
project.
EDO Corporation is the market leader in sophisticated antenna design and production. For five decades, EDO has provided such equipment for the world’s military and commercial aircraft, as well as the future F-35 Joint Strike Fighter.
In addition to antenna systems, EDO 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 |
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