EDO Press Release January 11, 2007

EDO RECEIVES NAVY CONTRACT FOR ADDITIONAL SMART RACKS

NEW YORK - Jan. 11, 2007 - EDO Corporation (NYSE: EDO) has been awarded a $13.3 million contract to produce an additional 175 BRU-55 "smart" bomb-ejector racks that are used on the Navy’s F/A-18 aircraft. The contract also includes acceptance testing and non-recurring engineering and is expected to be completed in September 2008.

The BRU-55 allows carriage of two smart weapons on a single pylon, effectively doubling the capacity of the aircraft. EDO’s proprietary electronics enable individual targeting and release of each weapon. The BRU-55 is compatible with the F/A-18A+ /C /D /E and /F versions.

"EDO is the industry leader in sophisticated aircraft-armament carriage and release systems," said CEO James M. Smith. "For decades, we have provided such equipment for the world’s dominant jet fighters, including the F-15, F-16, F-22, Tornado and Harrier. We are also developing launching systems for aircraft of the future, such as the F-35 Lightning II and the P-8A Poseidon multi-mission maritime aircraft."

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