8-K

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT
     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
                DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
                               SEPTEMBER 15, 2006

                        COMMISSION FILE NUMBER: 001-03985


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                                 EDO CORPORATION
             (Exact name of registrant as specified in its charter)

             NEW YORK                                     11-0707740
      (State of incorporation)              (I.R.S. Employer Identification No.)


     60 EAST 42ND STREET - 42ND FLOOR                             10165
          NEW YORK, NEW YORK                                    (Zip Code)
  (Address of Principal Executive Offices)

                                 (212) 716-2000
              (Registrant's Telephone Number, Including Area Code)

                                 NOT APPLICABLE
             (Former name or address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

     [ ]  Written communications pursuant to Rule 425 under Securities Act {17
          CFR 230.425}

     [ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
          CFR 240.14a-12)

     [ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
          Exchange Act (17 CFR 240.14d-2(b))

     [ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
          Exchange Act (17 CFR 240.13e-4(c))

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ITEM 2.01   COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.

      On September 15, 2006, EDO Corporation completed the acquisition of Impact
Science & Technology Inc., a privately-held New Hampshire corporation ("IST")
from all of the shareholders of IST. As previously announced under the terms of
the IST Stock Purchase Agreement, EDO paid an aggregate purchase price of $124
million for the IST shares, consisting of $106 million in cash and a promissory
note in the principal amount of $18 million payable over three years. In
addition, nine key employees received retention payments in the form of 405,103
restricted EDO Common Shares valued at $9 million. Taking into account IST's
cash balance at the time of the offer, the net purchase price of $113 million
was funded from EDO's current cash balance, plus a $100 million borrowing from
the company's bank-credit facility provided by a bank group led by Citigroup
Global Markets Inc. and Wachovia Capital Markets LLC.

ITEM 9.01   EXHIBITS

(c) Exhibits



Exhibit Number      Description of Exhibit
                 
99.1                Press Release of EDO Corporation, dated September 15, 2006





                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                               EDO CORPORATION


                               By /s/ Frederic B. Bassett
                                  ----------------------------------------
                                  Senior Vice President-Finance, Treasurer and
                                  Chief Financial Officer
                                  (Principal Financial and Accounting Officer)

Date:   September 18, 2006

EX-99.1

                                                                    EXHIBIT 99.1

[EDO LOGO]
60 East 42nd Street                                        FOR IMMEDIATE RELEASE
New York, NY 10165
212-716-2000


                        EDO COMPLETES ACQUISITION OF IST

                  CONSOLIDATES INTELLIGENCE-RELATED OPERATIONS

NEW YORK - SEPT. 15, 2006 - EDO Corporation (NYSE: EDO) today completed the
acquisition of Impact Science & Technology Inc (IST), a privately-held company
that provides Signals Intelligence (SIGINT) systems and analysis support to the
intelligence community, and advanced countermeasures and electronic-attack
systems to the Department of Defense and other government agencies.

As previously disclosed, EDO has acquired all of the outstanding shares of the
company for $124 million, consisting of a cash payment of $106 million and an
$18 million promissory note to be paid over three years. Taking into account
IST's cash balance at the time of the offer, the net purchase price was $113
million, subject to a customary adjustment based on the final determination of
the company's net book value at the time of the closing. In addition, nine key
employees received retention payments in the form of 405,103 restricted common
shares.

The purchase was funded from EDO's current cash balance, plus a $100 million
borrowing from the company's bank-credit facility. The acquisition will be
immediately accretive to EDO's earnings.

 "The acquisition of IST doubles the scope of our business with the intelligence
community and adds important new technologies," said EDO Chief Executive Officer
James M. Smith. "These include advanced radar countermeasures, electronic attack
and electronic intelligence systems, software products, and systems engineering
and analysis services."

IST is EDO's third acquisition in the area of intelligence systems and
countermeasures since mid 2005. It will be integrated with the already-combined
business of EVI-NexGen to form a new business sector named Intelligence and
Information Warfare. Warren B. Murrin, who was president of IST, will remain
with EDO as head of this new business sector. The Intelligence and Information
Warfare sector will become part of EDO's Electronic Systems and Communications
reporting segment.

IST has approximately 200 employees and is based in Nashua, N.H., with
additional operations in Maryland and Colorado. Revenue for the 12 months ended
March 31,



2006 was $63 million. Over the past five years, revenue has grown at a compound
annual growth rate of 60 percent.

"We welcome the outstanding, highly-skilled IST team of professionals, and look
forward to serving the intelligence community with dynamic and powerful new
capabilities," Mr. Smith concluded.

EDO Corporation designs and manufactures a diverse range of products for
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 4,200
people worldwide. The company was founded in 1925 and had revenues of $648
million in 2005.

FORWARD-LOOKING STATEMENTS
Certain statements made in this release, including statements about future
revenue and revenue growth, future earnings, and anticipated financing
arrangements 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.


CONTACTS:
William A. Walkowiak, CFA                       Sara Banda
Director of Investor Relations                  Media Relations
(212) 716-2038                                  (212) 716-2071
ir@edocorp.com                                  media@edocorp.com