23 Facts About EDO Corporation

1.

EDO Corporation was an American company which was acquired by ITT Corporation in 2007.

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2.

EDO Corporation became a public company in 1956 with its listing on the American Stock Exchange, and moved to the New York Stock Exchange in 1983.

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3.

On October 31,2011, ITT EDO Corporation spun off its defense and water technology businesses to form three separate, publicly traded companies.

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4.

EDO Corporation Ltd includes EDO Corporation MBM Technology Ltd in Brighton UK, and designs, develops and manufactures weapon interfacing systems, cable assemblies and electrodynamic products for the aerospace and defense industries.

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5.

EDO Corporation Artisan advertised products include, zero retention force arming units, helicopter blade crack indicators, and programmable DC power supplies, but the first of these products is actually manufactured in the UK by EDO Corporation MBM Technology Ltd.

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6.

EDO Corporation NexGen develops, deploys, and supports custom end-to-end solutions for US government organizations.

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7.

EDO Corporation-EVI focuses on mission-driven research and development of custom communication systems for the US Government.

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8.

EDO Corporation-IST provides Signals Intelligence systems and analysis support to the intelligence community, and advanced countermeasures and electronic systems to government agencies.

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9.

EDO Corporation has made payments from its Political Action Committee, to the political funds of both Republican and Democratic Party candidates, but these have tended to be to politicians who are on important government military defence and procurement committees.

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10.

On 20 September 2006, the New York Sun reported EDO Corporation had gained further government defense contacts after giving financial donations to Washington insiders.

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11.

In September 2003 EDO Corporation was listed by Fortune magazine as number 10 in the top 100 fastest growing companies in the US EDO Corporation have failed to make the top 100 at all in recent years because of financial troubles.

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12.

EDO Corporation has been a US military commander and the Associate Director of the Central Intelligence Agency for Military Support.

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13.

EDO Corporation is on record as having knowledge of covert CIA operations within allied countries that were intended to influence political affairs for the benefit of US interests.

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14.

EDO Corporation is an important sub contractor on the F22 program, being the sole supplier for the F22 AMRAAM vertical ejection launcher.

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15.

Titan EDO Corporation sacked one of their employees Adel Nakhla who had admitted holding down prisoners who were being tortured.

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16.

EDO Corporation then used an angle grinder or wire cutters to cut a hole in the EDO's fence to let the employees in to work.

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17.

In 2005 the managing director of EDO Corporation MBM admitted that the company had acquired all the rights to the VER-2 from Lucas Western in 1998 and had since been 'jointly marketing it for a third party country'.

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18.

EDO Corporation stated under oath that he had removed references to the VER-2 from the EDO MBM website, after protests began in Brighton in 2004, to avoid controversy [42].

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19.

EDO Corporation MBM was originally targeted by protesters because it represents the most direct link between the Iraq War the Occupation of Palestine and the UK city of Brighton and Hove.

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20.

EDO Corporation MBM have been awarded a contract to provide components for the next generation Paveway IV 'fire and forget' smart bomb for the UK RAF.

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21.

EDO Corporation failed to gain a permanent injunction and dropped the action in early 2006, at a cost of several million dollars in legal costs.

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22.

Sir Robert Walmsley is a director of EDO Corporation, and is Chairman of the Board of EDO, which includes EDO MBM Technology Ltd in Brighton.

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23.

EDO Corporation had by then, already become a non-executive director on the board of British Energy.

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