EDO Awarded $11 Bomb Rack Contract
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PARIS--(BUSINESS WIRE)--June 13, 2005--EDO Corporation (NYSE: EDO) has been awarded an $11 million contract for the first production lot of 135 BRU-55 dual-carriage, "smart" bomb racks for the Navy's F/A-18 aircraft. The contract will extend for approximately 24 months and includes an option for additional production units. The contract for the bomb release units (BRU) was awarded by the Naval Air Systems Command at the Naval Air Warfare Center, Patuxent River, Maryland. In addition to the production hardware, the contract includes acceptance testing, maintenance documentation, and logistical support. The BRU-55 smart rack incorporates the electronics necessary to interface with "smart weapons", such as the GBU-38 (500-pound JDAM). The BRU-55 enables individual targeting and release of each weapon. And because it doubles the smart-weapon carriage capacity of an F/A-18, it offers the potential for significant operational cost avoidance. "We consider dual carriage of 500-pound JDAM, a capability that the BRU-55 provides, to be a critical tool for the US Navy in the Global War on Terrorism," said Commander Bill Dooris, the F/A-18 Requirements Officer in the office of the Chief of Naval Operations (N78). The BRU-55 will initially be utilized on the F/A-18 A+, C & D models. The Super Hornet (F/A-18 E/F) will be BRU-55 capable upon completion of an integration-and-test effort which is currently underway. The BRU-55 is on display at EDO Corporation's stand E9 in Hall 3 of the international Paris Air Show at Le Bourget. About EDO Corporation EDO Corporation is the market leader in sophisticated aircraft-armament carriage and release systems. For decades, EDO has provided such equipment for the world's dominant jet fighters, including the F-15, F-16, F/A-18, Tornado and Harrier. For the F/A-22, EDO has developed and produces the AMRAAM Vertical Eject Launcher (AVEL), which employs the company's state-of-the-art pneumatic ejection technology. EDO is developing a pneumatic launching system for the F-35 Joint Strike Fighter. The company is also developing a launching system for the Joint Common Missile. In addition to Aircraft Armament, EDO Corporation has core competencies in a wide range of critical defense areas, including:
*-- Professional and Engineering Services EDO (www.edocorp.com) was founded in 1925, and is headquartered in New York City. The company had revenues last year of $536 million, and employs 2,700 people.
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