EDO Receives Orders for Fighter-Jet Test Units Totaling $8.1 Million
NEW YORK -- Feb. 1, 2005 -- EDO Corporation (NYSE: EDO) has been awarded a follow-on task order by the U.S. Air Force and new contracts from certain foreign militaries for a total of 102 AN/PLM-4 flight-line test units. The value of the combined orders is approximately $8.1 million, with delivery to be completed by the end of 2005.
The EDO AN/PLM-4 is a portable radar-signal simulator designed to test the radar-warning receivers onboard fighter jets and other military aircraft. It has become the U.S. Air Force’s most effective way of testing the radar-warning systems before takeoff, as well as during routine maintenance. In addition to the flight-line version, the radar-signal simulator is available in configurations for laboratory, shipboard and vehicle testing.
"Pilots must be confident that their defensive electronics are fully functional before a mission. Our system gives them that assurance," said James M. Smith, EDO's chief executive officer.
The AN/PLM-4 is significantly smaller and lighter than previously available equipment. It also handles the full range of necessary tests in one self-contained package. This gives it substantial benefits in an operating environment, where speed is critical. Smith added that “as these benefits are recognized, our PLM-4, the standard for the U.S. Air Force, continues to expand its domestic and international customer base."
Since this product line was introduced in 1998, EDO has now received orders for more than 620 AN/PLM-4 systems in various configurations from both foreign and domestic customers. Domestic customers include the Air Force, Navy, and Army, as well as many of the prime defense contractors. Foreign customers include the governments of Canada, Australia, Israel, Brazil, South Korea, and Thailand. To date, more than 550 of these systems have been delivered.
Other EDO business areas include a diverse range of products for the defense industry and commercial markets, and related engineering and professional services. Major product groups include: Aircraft Armament, Defense Electronics, Communications, Undersea Warfare, and Integrated Structures. EDO’s advanced systems are at the core of the transformation to lighter, faster, and smarter defense capabilities.
EDO Corporation ( www.edocorp.com) was founded in 1925 and is headquartered in New York City. The company had revenues in 2003 of $461 million and employs 2,700 people.
Forward-Looking Statements
Certain statements made in this release, including statements about future sales, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: changes in demand for the company's products and services, product mix, the timing of customer orders and deliveries, the impact of competitive products and services and pricing, and other risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
| Top |
EDO Technical Services Operations Business Unit Achieves SEI Level 2
Lancaster, CA – Technical
Services Operations, a unit of EDO Corporation (EDO Corp., NY)
announced that it
has achieved the coveted Software Engineering Institute (SEI) Capability
Maturity Model (CMM) Level 2 software rating for its business unit.
An authorized SEI lead assessor presented the certificate of
accomplishment to Thomas
Gardiner, General Manager of TSO upon completion of the assessment
on February 9, 2004.
Developed by Carnegie Mellon University's Software Engineering
Institute (SEI), the Capability Maturity Model for Software provides
a five-step evolutionary framework for measuring and improving
an organization's software development efforts. Similar to the
ISO standards used
to certify
quality procedures in manufacturing, CMM appraisal serves as the
recognized
international standard for software development processes. Level
2 CMM
designation acknowledges adherence to a strict set of project management
practices in developing software applications.
Thomas Gardiner, General Manager said, "Achieving SEI CMM Level 2
is a major milestone for our software engineering group and demonstrates
the significant improvement implemented in its quality processes for software
development and program management. The new processes have made a positive
impact on our process, products and services. Reaching CMM Level 2 is a
stepping stone to TSO ’s ongoing
commitment to continuous quality process improvement.”
| Top |
EDO
Receives Contracts Valued AT $9.4 Million for RADAR Simulators
NEW
YORK - January 21, 2004 - EDO Corporation (NYSE:EDO) has been
awarded fixed-price contracts by the U.S. Air Force and the
Australian Air Force for additional AN/PLM-4
radar-signal-simulator flight-line test units. The total value of the two contracts is
approximately $9.4 million. The U.S. Air Force order is for 102
units, and the Australian Air Force order is for 20 units. Delivery
is expected to be completed by the end of 2004.
The EDO AN/PLM-4 is a portable, self-contained, radar-signal
simulator designed to perform maintenance and operational tests
on radar-warning receiver systems. It has become the U.S. Air Force’s
key flight-line maintenance test set for the radar-warning receivers
on board most aircraft. In addition to the flight-line version, the
radar-signal simulator is available in configurations for
laboratory, shipboard and vehicle testing.
"Our engineering and software programming capabilities have enabled
us to develop proprietary test equipment to automate flight-test
tasks and significantly reduce testing time and costs," said James
M. Smith, EDO's chief executive officer. "As these capabilities are
recognized, our test equipment is becoming the standard for the U.S.
Air Force and our allies."
Since this product line was introduced in 1998, EDO has now received
orders for more than 480 AN/PLM-4 systems in various configurations
from both foreign and domestic customers. Of these, 238 have been
received since the beginning of 2003. Domestic customers include the
Air Force, Navy, and Army, as well as many of the prime defense
contractors. Foreign customers include the governments of Canada,
Australia, Israel, Brazil, South Korea, and Thailand. To date, more
than 350 of these systems have been delivered. The AN/PLM-4 is produced at EDO's Technical
Services Operation business unit in Lancaster, California.
EDO provides military products and professional services to the United
States and allied governments, and their prime defense contractors. The
company also has a number of commercial product lines.
EDO focuses on systems and subsystems that are integral to the success
of long-term military platforms, such as the B-1B bomber, the F/A-22, the
Joint Strike Fighter, the Los Angeles and Virginia-class submarines, and
the Comanche helicopter. EDO is a technology-driven company, with core competencies
in a wide range of critical defense-mission areas, including:
- Defense Electronics
- Aircraft Armament
- Undersea Warfare
- Professional Services
- C4I – Military Command, Control, Communications,
Computers, and Intelligence
- Integrated Composite Structures
EDO (www.edocorp.com) was founded in 1925, and is headquartered
in New York City. The company employs 2,800 people. Forward-Looking Statements
Certain statements made in this release, including statements about
future revenue, are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. These
statements are based on current expectations, estimates and projections
about the company's business based, in part, on assumptions made
by management. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions
that are difficult to predict. Therefore, actual outcomes and
results may differ materially from what is expressed or forecasted
in such forward-looking statements due to numerous factors, including
those described above and the following: changes in demand for
the company's products and services, product mix, the timing
of customer orders and deliveries, the impact of competitive
products and services and pricing, the company's ability to successfully
make and integrate acquisitions, and other risks discussed from
time to time in the company's Securities and Exchange Commission
filings and reports. In addition, such statements could be affected
by general industry and market conditions and growth rates, and
general domestic and international economic conditions. Such
forward-looking statements speak only as of the date on which
they are made, and the company does not undertake any obligation
to update any forward-looking statement to reflect events or
circumstances after the date of this release.
| Top |
Electronic
Warfare Directorate Tackles Obsolescence Problem
Reprinted with permission from
the Friday May 11, 2001 issue of the Robins Rev Up Newspaper.
Robins Air Force Base, GA
The following article Copyright
© May 11, 2001 Robins Rev Up Newspaper
 |
Members
of the Warner Robins Air Logistics Center Electronic Warfare
Directorate recently celebrated the arrival of the Radar
Signal Simulator (RSS) AN/PLM-4.
This
particular piece of equipment was celebrated not only because
it resolved one of the major concerns of the directorate program
managers - obsolescence - but also because it will provide
the necessary technology to ensure that the more than 25 different
airframes that use it will be capable of detecting the latest
threats in today's hostile environment.
According
to Patrick Morgan, with the Electronic Warfare Management
Directorate, diminishing manufacturing sources for various
pieces of equipment and their sub-components make it challenging
to provide support to Air Force, joint service and foreign
military sales customers.
|
|
One example of this is the APM-427 improved
radar simulator.
"This once state-of-the-art system,
originally fielded in 1984, is used to test radar warning
receivers and other defensive systems," said Bob Rauch,
program manager for the PLM-4.
"The APM-427 is comprised of three
large pulse boxes and one continuous wave box which had been
upgraded several times over the years, but increased usage
and totally obsolete technologies meant that many customers
had severely limited capability, and some no capability, to
check aircraft radar warning receiver systems," Rauch
said.
According to Morgan, to solve this problem
contract negotiations were undertaken with an understandable
sense of urgency. In February of this year, a contract for
the new radar simulator, which was assigned the nomenclature
PLM-4, was issued to EDO Corp. - formerly AIL Systems.
The new simulator combines the function
of the four APM-427 boxes into one portable lightweight user
friendly megabox, nicknamed the PLUMB-4.
According to Morgan, the new simulators
will be delivered to customers by airframe, and serviceable
assets will be redistributed between the major commands to
improve the availability of the APM-427 until the full complement
of PLM-4s are fielded.
| Top
|
EDO
Awarded $4.9 Million U.S. Air
Force Contract
NEW
YORK, NEW YORK — February 12, 2001 — EDO Corporation (NYSE:
EDO) announced today that it has been awarded a $4.9 million
contract from the United States Air Force for 70
Radar Signal Simulators (RSS)
test sets, to be delivered in the next fifteen months, including
options for up to 890 units through 2005.
EDO RSS test
sets, which have been designated the AN/PLM-4 Radar Signal
Simulator, replace the older AN/APM-427 as the primary flight
line Radar Simulator for testing Electronic Warfare (EW) systems.
The new RSS is a commercial-off-the-shelf design, which has
been previously sold to the United States Department of Defense
and to several other international defense customers. The
test sets are designed and manufactured by EDO's Technical Services
Operations Business Unit at its Lancaster, California
facility.
James
M. Smith, president, and chief executive officer of EDO Corporation,
said, "This is a significant award for the Company and
further solidifies our Technical Services Operations as a
premier supplier of flight line EW systems test sets. We believe
that this contract will generate additional orders from the
Army and Navy to test ground, airborne and shipboard EW systems
and will enable the Company to increase foreign military sales
of its EW systems products.
"EDO
won this award based on its 50 years of EW design expertise
acquired through the Company's merger with the former AIL
Systems, Inc. We are particularly excited about this contract
because it demonstrates the breadth of skills in the newly
merged company and our ability to capture new business in
a broad range of defense-oriented markets worldwide,"
Smith added.
About EDO Corporation
EDO
Corporation (
www.edocorp.com ) supplies highly engineered products for
governments and industry worldwide, including advanced electronic,
electromechanical and information systems and engineered materials,
which are critical to the mission success of its customers.
The Company's Defense Segment provides integrated front-line
war fighting systems, including radar countermeasure systems,
aircraft weapons storage and release systems, airborne mine
countermeasure systems, and sonar systems.
EDO's Space and Communication Segment addresses the
needs of the remote sensing, communication, navigation, and
electronic warfare industries with ultra-miniature electronics
and a very broad line of antennas.
The Company's Engineered Materials Segment supplies
piezoelectric and advanced composites for the communication,
navigation, chemical, petrochemical, paper and oil industries,
for civilian infrastructure and for the military.
The
statements contained in this release, that are not historical
facts, may be deemed to contained forward-looking statements
with respect to events, the occurrence of which involve risks
and uncertainties, including, without limitation, demand and
competition for the Company's products, and other risks or
uncertainties detailed in the Company's Securities and Exchange
Commission filings.
|
Top |
Elisra
Electronics Systems, Ltd.Orders 13 Additional FTS Units
February 10, 2000
Elisra Electronics Systems,
Ltd., Israel's leading company in the field of Electronic
Warfare (EW), has placed an order for an additional
13 EDO Field Test Simulators (FTS), newly designated to Radar
Signal Simulator (RSS). This order increases to 22 the
total quantity of FTS systems procured by Elisra.
|
Top |
|
|
