EDO Corporation was an American company which was acquired by ITT Corporation in 2007. EDO designed and manufactured products for defense, intelligence, and commercial markets, and provided related engineering and professional services. It employed 4,000 people worldwide and had revenues of $715 million in 2006. EDO's assets went to ITT Defense Electronics and Services. As of May 2015, these assets were now part of Harris Corporation, and since June 2019 L3Harris Technologies.
History
Earl Dodge Osborn founded the Edo Aircraft Corporation in 1925. The company's first successful product line was pontoons for floatplanes. With the outbreak of World War II, the company's focus shifted, and EDO began to provide subassemblies for military aircraft. This shift in emphasis led to the company being renamed the EDO Corporation in November 1947.
EDO became a public company in 1956 with its listing on the American Stock Exchange, and moved to the New York Stock Exchange in 1983. An agreement was reached September 18, 2007 for ITT Corporation to buy EDO for $1.7 billion. After EDO shareholders' approval, the deal was closed and finalized on December 20, 2007.
On January 12, 2011, the ITT Corporation Board of Directors approved a plan to split the company. On October 31, 2011, ITT Corporation spun off its defense and water technology businesses to form three separate, publicly traded companies. Exelis, Inc. was the spin-off that contained EDO as a subsidiary. On May 29, 2015, Harris Corp. announced the acquisition of Exelis, Inc. EDO remains a subsidiary; however, the owner has changed.
Company structure
EDO's resources were aligned into two reporting segments, Electronic Systems & Communications and Engineered Systems & Services, serving six market sectors:
C4 (Command, Control, Communications, and Computers) The Command, Control, Communications, and Computers (C4) sector includes two business units: the Antenna Products & Technologies and the Communications & Networking Systems.
EDO's antenna business custom designs antennas for military platforms and satellites. This includes military airborne, military shipboard, military ground, commercial wireless, commercial aviation, and advanced technology integrated/custom antennas.
The Communications & Networking Systems business unit designs and integrates voice and data communications equipment into end-to-end network solutions.
In 1992, EDO Corporation purchased Antenna Manufacturer Dorne & Margolin.
Electronic Warfare
The Electronic Warfare sector includes three business units: Communications and Countermeasures Systems, Defense Systems, and Reconnaissance and Surveillance Systems.
The Communications and Countermeasures Systems (CCS) business unit develops electronic protection technology. Products developed by CCS include the Shortstop Electronic Protection System (SEPS) for both military and civilian applications, the Data Link Validation System (DLVS) for validating and testing military data links, and the Wideband Secure Voice Equipment (WSVE) for secure voice radio transmission.
The Defense Systems business unit designs and manufactures high-performance electronic assemblies for military and space applications, and develops and produces electromechanical systems and equipment for government and commercial marine and aircraft applications. The primary product areas include electronic warfare systems, radar systems, embedded systems, RF/Microwave products, air quality monitoring, nuclear detection, and manufacturing services.
The Reconnaissance and Surveillance Systems business unit designs and manufactures Electronic Warfare (EW) and Signal Intelligence (SIGINT) systems and products. It manufactures integrated systems, antennas, receivers, digitizers, signal processors, and signal analysis software packages for ELINT, ESM, ECM, and SIGINT applications.
Integrated Systems and Structures
The Integrated Systems and Structures sector includes six business units: Defense Systems, EDO (UK) Ltd., Fiber Innovations, Fiber Science, MTech & Artisan, and Specialty Plastics.
The Defense Systems business unit is a designer and manufacturer of electronic assemblies for military and space applications, and the development and production of electromechanical systems and equipment for government and commercial marine and aircraft applications. The area of interest that falls within this sector includes the Aircraft and Armament Systems unit.