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EDO TO UPGRADE B-1B BOMBER DEFENSES
NEW YORK - April 11, 2007 - EDO Corporation (NYSE: EDO) has received multi-year awards for upgrades and maintenance to the AN/ALQ-161A defensive suite on the B-1B Lancer. The awards total $16 million and are expected to be completed by December 2008.
The
contract calls for EDO to upgrade the advanced Digital Radar Frequency Memory (DRFM)
technique generator, a key component of the defensive suite. Its function is to store
threatening signals and then reproduce them in a manner that deceives enemy radars.
The AN/ALQ-161A defensive avionics suite is one of the most comprehensive electronic counter-measure packages ever built," said James M. Smith, EDO’s chief executive officer. "While the original engineering concepts are sound, there are many benefits to be gained by upgrading hardware and software that was developed in the 1980s. We expect this work to yield dramatic improvements in system performance."
For more than 60 years, EDO has been researching techniques to improve jamming performance, both under government contract and with internal R&D funds. Based on this research, the company has built leading positions in a number of military applications based on jamming technology as well as jamming counter-measures against a wide variety of threats.
EDO Corporation designs and manufactures a diverse range of products for aerospace, 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 4,000 people worldwide. The company was founded in 1925 and had revenues of $715 million in 2006.
| 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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