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EDO Edo Corp

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Share Name Share Symbol Market Type
Edo Corp NYSE:EDO NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

EDO to Provide Field Service for Marine Corps Vehicles

28/07/2006 11:15am

Business Wire


E D O (NYSE:EDO)
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EDO Corporation (NYSE: EDO) has been awarded an order by the Marine Corps for field service support in Iraq for the Cougar family of vehicles and the Buffalo mine-protected clearance vehicles. The task order carries a base year value of $4.5 million with two option years, each with potential revenue of more than $5 million. The order was awarded under the Commercial Enterprise Omnibus service support process for the Marine Corps Systems Command. "EDO's field service technicians are building a solid reputation for excellence across a wide range of battlefield-communications applications where our armed forces have a presence," said James M. Smith, EDO's chief executive officer. "EDO's facility in Charleston, S.C. outfits these life-saving vehicles with communications equipment, so providing the technical maintenance support is a natural progression." The Cougar family is a group of medium sized mine-protected vehicles that can be used for command and control, troop transport, field ambulance, and mine and explosive ordnance disposal. The Buffalo is a 23-ton, advanced mine resistant armored vehicle designed for route clearance by allowing patrols a closer look at suspected improvised explosive devices. Force Protection, Inc. (OTCBB:FRPT), in Ladson, S.C., manufactures the Cougar and Buffalo vehicles and is the world's leading manufacturer of ballistic- and blast-protected vehicles, which have been used to support armed forces and security personnel in Iraq, Afghanistan, Kosovo and other hot spots around the globe. EDO Corporation designs and manufactures a diverse range of products for defense, intelligence, and commercial markets. Major product groups include: Defense Electronics, Communications, Aircraft Armament Systems, Undersea Warfare, Integrated Composite Structures, and Professional and Engineering Services. 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 3,000 people worldwide. The company was founded in 1925 and had revenues of $648 million in 2005.

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