BELLEVUE, Wash., Feb. 24, 2005 — Esterline Technologies ( NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2005 first quarter (ended January 28) income from continuing operations of $9.8 million, or $.40 per diluted share, on $190.2 million sales. These results do not include $7.4 million, or $.30 per share, from the gain on the sale of the company’s Fluid Regulators subsidiary, accounted for as a discontinued operation. Including this divestiture, net earnings were $17.2 million, or $.70 per diluted share. Year-ago income from continuing operations was $1.6 million, or $.08 per share, on sales of $129.5 million. The prior year’s comparable net earnings were $1.9 million, or $.09 per diluted share.

BELLEVUE, Wash., January 18, 2005 — Esterline Corporation ( NYSE /ESL www.esterline.com) today reported that Boeing (NYSE/BA) has awarded its Seattle-based Korry Electronics subsidiary a contract to supply the overhead panel system for the flight deck of the new 7E7 Dreamliner. The contract is valid through 2021.

BELLEVUE, Wash., Dec. 9, 2004 — Esterline Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fourth quarter income from continuing operations of $15.2 million, or $.70 per diluted share, on sales of $194.8 million. The quarter’s results included a $2.2 million net of tax, or $.10 per share, gain on the sale of a non-core product line with in the company’s Sensors & Systems segment. In the same period last year, income from continuing operations was $9.4 million, or $.44 per diluted share, on $160.3 million sales. Orders received in the fourth quarter totaled $296.7 million, including $89 million of backlog from an acquisition completed in the quarter. This compared with orders of $140.0 million a year ago. Backlog at year end was $433.1 million compared with $300.9 million at the end of the prior-year period.

BELLEVUE , Wash. , November 23, 2004 --Esterline Corporation ( NYSE /ESL www.esterline.com) today reported that its Sensors Group has been awarded a contract to supply the sensor suite for the TP400M Turboprop. The new engine will power the Airbus A400M Airlifter, Europe ’s new tactical military transport. The award was made by Rolls-Royce Deutschland, a member of Europrop International, the consortium responsible for the design and manufacture of the new engine. Sales over a 12- to 15-year period are expected to total $35 million to $40 million. 

BELLEVUE , Wash. , November 19, 2004 --Esterline Technologies Corporation (NYSE/ESL http://www.esterline.com), today priced its previously announced public offering of 3,200,000 shares of its common stock at $31.25 per share, for total gross offering proceeds of $100 million. 

BELLEVUE, Wash., September 2, 2004 — Esterline Corporation ( NYSE /ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2004 third quarter (ended July 30) income from continuing operations of $7.0 million, or $.33 per diluted share, on $150.6 million sales. Comparable earnings a year ago were $8.4 million, or $.40 per diluted share, including a foreign currency gain of approximately $2.0 million net of tax, or $.09 per share, on sales of $140.5 million.

BELLEVUE , Wash. , August 30, 2004 --Esterline Corporation ( NYSE /ESL www.esterline.com) today announced that it has completed the acquisition of Leach Holding Corporation for approximately $145 million in cash. The transaction, announced July 9, adds nearly $120 million to Esterline’s current annualized revenue base of $600 million.

BELLEVUE , Wash. , August 30, 2004 --Esterline Corporation ( NYSE /ESL www.esterline.com) a leading specialty manufacturer serving aerospace/defense markets, today announced that it plans to offer 3.2 million shares of its common stock in a public offering.

BELLEVUE , WASHINGTON , August 3, 2004 . Esterline Technologies Corporation (NYSE:ESL) announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC"). The registration statement, when declared effective by the SEC, will allow Esterline to issue an aggregate of $300 million in common stock, debt, convertible debt, stock purchase contracts and stock purchase units, any of which may be offered by Esterline from time to time at prices and on terms to be determined at the time of any such offering. The net proceeds of any sale of securities by Esterline may be used to fund acquisitions, to repay or refinance debt and for general corporate purposes.

BELLEVUE , Wash. , July 9, 2004 —Esterline Corporation today announced an agreement to acquire Leach Holding Corporation for approximately $145 million in cash. The acquisition, the largest in Esterline’s corporate history, will add nearly 20%, or $120 million, to the company’s current annualized revenue base of approximately $600 million.

BELLEVUE, Wash., June 1, 2004 — Esterline Corporation ( NYSE /ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2004 second quarter (ended April 30) income from continuing operations of $9.2 million, or $.43 per diluted share, on $150.2 million sales. Comparable earnings a year ago were $6.0 million, or $.29 per diluted share, on sales of $135.3 million. 

BELLEVUE, Wash., February 26, 2004— Esterline Technologies (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2004 first quarter (ended January 30) net earnings of $1.9 million, or $.09 per diluted share, on $132.6 million sales. The results include a $1.9 million tax benefit, or $.09 per share, from a reduction of previously estimated tax liabilities for U.S. research and development tax credits, and a $2.9 million after-tax, or $.14 per share, severance expense related to the merger of a recently acquired UK-based operation with an existing France-based operation. The prior year’s comparable earnings were $5.8 million, or $.28 per diluted share, on sales of $126.3 million. 

BELLEVUE, Wash., December 9, 2003--Esterline Technologies (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/ defense markets, today announced that it has agreed to acquire the outstanding stock of Avista Inc., a $10 million Wisconsin-based developer of embedded software for mission critical applications. 

BELLEVUE, Wash., Dec. 4, 2003 — Esterline Technologies (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported strong fourth quarter performance, exceeding forecasted results for the quarter and fiscal year ended October 31. Fourth quarter income from continuing operations was $9.4 million, or $.44 per diluted share, on sales of $160.3 million. In the same period last year, income from continuing operations was $10.5 million, or $.50 per diluted share including $.14 per share from the favorable resolution of income tax audits, on sales of $124.9 million. Net income for the fourth quarter was $9.4 million, or $.44 per diluted share, compared with $7.6 million, or $.36 per share. 

BELLEVUE, Wash., Sept. 4, 2003 — Esterline Technologies (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported third quarter (ended August 1) performance in line with earlier forecasts. Income from continuing operations was $8.4 million, or $.40 per diluted share, including a foreign currency gain of approximately $2.0 million net of tax, or $.09 per share, on sales of $140.5 million. Midway through the quarter, Esterline acquired Weston Aerospace from The Roxboro Group PLC for £55.0 million (approximately $95.3 million at the closing exchange rate, including acquisition costs). The foreign currency gain resulted when Esterline hedged the purchase price using foreign currency forward contracts. Year-ago income from continuing operations was $6.9 million, or $.33 per diluted share, on $112.4 million sales. 

BELLEVUE, Wash., July 1, 2003--Esterline Technologies (NYSE/ESL www.esterline.com) today announced plans to open a sales and engineering facility in Toulouse, France, to better serve its growing presence in Europe. More than 25% of Esterline’s nearly $600 million annualized sales are now generated from its manufacturing operations in France and the UK. 

BELLEVUE, Wash., June 11, 2003 – Esterline Technologies today announced that it has finalized the acquisition of UK-based Weston Group from The Roxboro Group Plc. The transaction, originally announced May 22, significantly enhances Esterline’s position in high-end aerospace sensors, making it a market leader to the world’s jet engine manufacturers, and boosting its Sensors & Systems segment sales by nearly 50%. 

BELLEVUE, Wash., June 5, 2003 – Esterline Technologies (NYSE/ESL www.esterline.com) today announced that it has priced a private placement of $175 million aggregate principal amount of its 7.75% Senior Subordinated Notes due 2013. Esterline will use the net proceeds from this private placement to fund the recently announced acquisition of Weston Aerospace and for general corporate purposes, including the repayment of debt. The private placement is scheduled to close on Wednesday, June 11, 2003 and is subject to various closing conditions, including the consummation of the acquisition of Weston Aerospace.

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%.