0001068590-01-500098.txt : 20011019 0001068590-01-500098.hdr.sgml : 20011019 ACCESSION NUMBER: 0001068590-01-500098 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20011009 ITEM INFORMATION: Acquisition or disposition of assets FILED AS OF DATE: 20011012 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: 1757718 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 edo8k.txt PRESS RELEASE SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 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) October 9, 2001 EDO CORPORATION (Exact name of registrant as specified in its charter) New York 001-03985 11-0707740 (State or other (Commission File Number) (I.R.S. Employer jurisdiction or Identification No.) organization) 60 East 42nd Street, Suite 5010, New York, NY 10165 (Address of principal executive offices) (Zip Code) (212) 716-2000 (Registrant's telephone number, including area code) None -------------------------------------------------------------------------------- (former name or former address, if changed since last year) Item 5. Other Events and Regulation FD Disclosure On October 9, 2001, the Registrant issued a press release announcing the Registrant's acquisition of Dynamic Systems, Inc., a privately held company based in Alexandria, Virginia. Dynamic Systems, which will become part of the Registrant's Systems and Analysis Group, provides professional and information technology services primarily to the Department of Defense and other government agencies. For the most recent twelve-month period, Dynamic Systems had revenue of approximately $17 million. 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: WILLIAM J. FROST ------------------------------------- Name: William J. Frost Title: Vice President - Administration and Secretary Dated: October 12, 2001 EXHIBIT INDEX No. Description --- ----------- 99.1 Press Release Dated October 9, 2001 EX-99 3 edo8kexhibit99.txt PRESS RELEASE Exhibit 99.1 FOR IMMEDIATE RELEASE [EDO Corporation Logo] 60 East 42nd Street, Investor Contact: Company Contact: Ste, 5010 Neil Berkman or Melanie Beeler William J. Frost New York, NY 10165 Berkman Associates Vice President 212-716-2000 (310) 277-5162 Administration info@BerkmanAssociates.com (212) 716-2000 www.edocorp.com EDO Corporation acquires dynamic systems, inc. Expands EDO's Professional and IT Service Business With the Department of Defense and Other Government Agencies NEW YORK, NEW YORK, October 9, 2001...EDO Corporation (NYSE:EDO) announced today that it has acquired Dynamic Systems, Inc., a privately held company based in Alexandria, Virginia. Dynamic Systems, which will become part of EDO's Systems and Analysis Group, provides professional and information technology services primarily to the Department of Defense and other government agencies. Terms of the acquisition were not disclosed. James M. Smith, president and chief executive officer of EDO, said, "With more than 25 years' of experience in providing professional and information technology services to the DOD and other government agencies, Dynamic Systems strengthens and expands the range of services EDO's Systems and Analysis Group can offer to both existing and new customers. This acquisition is an important step in the continued development of EDO's defense-related IT business." For the most recent twelve-month period, Dynamic Systems had revenue of approximately $17 million. About EDO Corporation EDO Corporation (www.EDOcorp.com) 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 countermeasure 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.