-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OaLTn4Wp9+c6IkyDTQdRVoCWgKxGWLi8abCiYgXEd4nsDR6L5d9g0e0XJtpTy5Iq CF3dr2lpffK9Oxfcl1SW0g== 0000950130-02-002664.txt : 20020416 0000950130-02-002664.hdr.sgml : 20020416 ACCESSION NUMBER: 0000950130-02-002664 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020415 ITEM INFORMATION: FILED AS OF DATE: 20020416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EDO CORP CENTRAL INDEX KEY: 0000031617 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 110707740 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03985 FILM NUMBER: 02611937 BUSINESS ADDRESS: STREET 1: 60 EAST 42ND STREET STREET 2: SUITE 5010 CITY: NEW YORK STATE: NY ZIP: 10165 BUSINESS PHONE: 2127162000 MAIL ADDRESS: STREET 1: 14 04 111TH ST CITY: COLLEGE POINT STATE: NY ZIP: 11356-1434 8-K 1 d8k.txt FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 ------------- 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): April 15, 2002 EDO Corporation (Exact name of Registrant as specified in its charter) New York 3812 11-0707740 (State or Other Jurisdiction (Primary Standard Industrial (I.R.S. Employer of Incorporation or Organization) Classification Code Number) Identification No.)
------------- 60 East 42nd Street, Suite 5010 New York, NY 10165 212.716.2000 (Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant's Principal Executive Offices) ------------- Not applicable (Former name or former address, if changed since last report) ------------- Item 9. Regulation FD Disclosure The following information is furnished pursuant to Regulation FD. On April 15, 2002, the Registrant issued a press release providing an update to comments made earlier this year about its Communications and Space Products Segment. A copy of the press release is attached as Exhibit 99.1 hereto. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EDO CORPORATION By: /s/ William J. Frost ------------------------------------ Name: William J. Frost Title: Vice President - Administration and Secretary Date: April 15, 2002 EXHIBIT INDEX Number Exhibit - ------ ------- 99.1 Press Release dated April 15, 2002.
EX-99.1 3 dex991.txt PRESS RELEASE DATED APRIL 15, 2002 Exhibit 99.1 FOR IMMEDIATE RELEASE [LOGO] Investor Contact: Company Contact: 60 East 42nd Street, Ste. 5010 Neil Berkman or Melanie Beeler William J. Frost New York, NY 10165 Berkman Associates Vice President-Administration 212-716-2000 (310) 277-5162 (212) 716-2000 info@BerkmanAssociates.com www.edocorp.com
EDO Corporation Updates Comments on Its Communication and Space Products Segment. NEW YORK, NEW YORK, April 15, 2002. EDO Corporation (NYSE:EDO) today provided an update to comments made earlier this year about its Communication and Space Products Segment. "In our 2001 year-end earnings conference call held on February 21, 2002, we discussed the continuing weakness in EDO's space sensor and communications products business. Subsequently, one of our primary customers in this business has lowered its 2002 forecast for the quantity of Ku-Band down converters to be purchased from us. This in turn has resulted in our reducing the quantity of Ku-Band down converters produced and extending the period of performance of our first production lot. The manufacturing inefficiencies related to these reductions and extensions will result in an after-tax charge of approximately $0.9 million, or $0.05 per diluted share, in the first quarter. While we do not anticipate that business will improve in the space sensor and communications products business for the remainder of this year, we believe that we have adequately provided for the impact of the lowered production levels. "The remaining business in this segment and our two other business segments, Defense and Engineered Materials, continue to perform in accordance with our business plan," said Chief Financial Officer Darrell Reed. About EDO Corporation EDO Corporation () supplies highly engineered products for governments and industry worldwide, including advanced electronic, electromechanical and information systems and engineered materials critical to the mission success of its customers. The Company's Defense Segment provides integrated front-line war fighting systems, including radar countermeasures systems, aircraft weapons storage and release systems, airborne mine countermeasure systems, and integrated combat systems and sonar systems and professional, operational, technical and information technology services. 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 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 military applications. Forward-Looking Statements This press release contains statements that are forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended. 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, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, difficulties encountered in the integration of acquired businesses and other risks discussed from time to time in the Company's SEC 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.
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