NEW YORK, N.Y., 21 March 2005. EDO Corp. has received a $9.4 million fixed-price contract from Raytheon Company's Integrated Defense Systems. The contract calls for EDO to provide a naval Electronic Support Measure (ESM) subsystem. Raytheon is the prime contractor providing an integrated suite of communications.
"EDO continues to drive innovation in ESM systems," said James M. Smith, EDO's chief executive officer. "Our ability to deliver the most advanced capabilities for air, land, and sea-based platforms is the basis of our continued leadership in this technology. Our objective is to strengthen this leadership position by developing the next generation of ESM products for use on military as well as Homeland Security platforms."
EDO is a world leader in the design and manufacture of integrated ESM systems and related technology, such as receivers, signal processors, digitizers, and signal-analysis software.
EDO also designs and manufactures a diverse range of products for the defense industry and commercial markets, and provides 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 was founded in 1925 and is headquartered in New York City. The company had revenues last year of $536 million and employs 2,500 people. For more information, see www.edocorp.com.
