BELLEVUE, Wash., May 22, 2003--Esterline Technologies (NYSE/ESL www.esterline.com)a leading specialty manufacturer serving aerospace/defense markets, today reported second quarter (ended May 2) income from continuing operations of $6.0 million, or $.29 per share on a diluted basis, on sales of $135.3 million. This performance compared with the prior year period’s income from continuing operations of $7.2 million, or $.34 per share, on sales of $100.7 million. Backlog at the end of the period was $314.3 million compared with $232.8 million a year ago.

BELLEVUE, Wash., May 22, 2003--Esterline Technologies (NYSE/ESL www.esterline.com) today announced an agreement to acquire the outstanding stock of UK-based Weston Group from The Roxboro Group Plc. The transaction significantly enhances Esterline’s position in high-end aerospace sensors, making it the market leader to the world’s jet engine manufacturers, and boosting its Sensors & Systems segment sales by nearly 50%.

BELLEVUE, Wash., May 22, 2003--Esterline Technologies (NYSE/ESL www.esterline.com) today announced that it is launching a private placement of $150 million aggregate principal amount of its senior subordinated notes. Esterline anticipates using a portion of the net proceeds from the private placement to fund the recently announced acquisition of Weston Aerospace, to repay outstanding debt under its existing credit facility and for general corporate purposes.

BELLEVUE, Wash., May 5, 2003--Esterline Technologies (NYSE/ESL www.esterline.com) today announced that second quarter, ended May 2, earnings per share from continuing operations would likely be about $.25.