BELLEVUE, Wash., June 28, 2007 — Esterline Corporation (NYSE:ESL www.esterline.com) today announced an agreement with its insurance carrier to settle property damage and business interruption claims related to last year’s explosion at Esterline’s UK-based countermeasure flares operation, Wallop Defence Systems. The agreement calls for a payment to Wallop of £16 million upon settlement. Including payments already received, the total settlement is equal to £24 million, or approximately $48 million.

BELLEVUE, Wash., June 28, 2007 — Esterline Technologies Corporation (NYSE: ESL) announced today that, as part of its previously announced consent solicitation relating to its 7.75% Notes due 2013, as of 5:00 p.m. New York City time on June 27, 2007, Esterline had received valid consents from the holders of more than 96% in aggregate principal amount of the outstanding Notes, well in excess of the majority needed to amend the indenture relating to the Notes to permit Esterline's foreign subsidiaries to incur debt in order to reallocate its existing senior secured bank debt to better match its currency funding needs to its revenue sources.

BELLEVUE, Washington, June 20, 2007 — Esterline Technologies Corporation (NYSE:ESL) today announced that it has commenced a consent solicitation with respect to an amendment to the indenture governing its outstanding 7.75% Senior Subordinated Notes due 2013 issued on June 11, 2003 (the “Consent Solicitation”). The consent solicitation will expire at 5:00 p.m., New York City time, on June 27, 2007, unless extended (such date, as it may be extended, the “Consent Date”).

BELLEVUE, Wash., May 31, 2007 — Esterline Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2007 second quarter (ended April 27) net earnings of $19.8 million, or $.76 per diluted share, on $312.3 million sales. Year-ago net earnings were $17.7 million, or $.68 per diluted share, on sales of $247.9 million.

BELLEVUE, Wash., March 14, 2007 — Esterline Corporation (NYSE:ESL www.esterline.com) today announced that it completed the acquisition of Canada-based CMC Electronics Inc., a leading aerospace/defense avionics company, for approximately $335 million in cash.

BELLEVUE, Wash., March 5, 2007 — Esterline Technologies (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2007 first quarter (ended January 26) net earnings of $12.8 million, or $.49 per diluted share. This includes a $2.1 million tax benefit resulting from the retroactive extension of U.S. Research and Experimentation tax credits signed into law on December 21, 2006. Year-ago net earnings were $8.4 million, or $.32 per diluted share. First quarter 2007 sales were $257.2 million compared with $205.7 million a year ago.

BELLEVUE, Wash., February 23, 2007 — Esterline Technologies (NYSE/ESL www.esterline.com) today announced that it has priced a private placement of $175 million aggregate principal amount of 6 5/8% senior notes due 2017. Esterline anticipates using the net proceeds of this offering to finance a portion of the acquisition of CMC Electronics Holdings Inc. The issuance of the notes is not contingent upon the consummation of the acquisition of CMC. If the acquisition of CMC is not completed, Esterline expects to use the net proceeds from the offering to reduce outstanding indebtedness and for other general corporate purposes.

BELLEVUE, Wash., February 16, 2007--Esterline Technologies today announced that it is commencing an offering of $150 million aggregate principal amount of senior notes. Esterline anticipates using the net proceeds of this offering to finance a portion of the acquisition of CMC Electronics Holdings Inc. The issuance of the notes is not contingent upon the consummation of the acquisition of CMC. If the acquisition of CMC is not completed, Esterline expects to use the net proceeds from the offering to reduce outstanding indebtedness and for other general corporate purposes.

BELLEVUE, Wash., February 1, 2007 — Esterline Corporation (NYSE:ESL www.esterline.com) today announced an agreement to acquire CMC Electronics Inc., a leading aerospace/defense avionics company, for approximately $335 million in cash. For the 12 months ended September 30, 2006, CMC recorded revenues of C$205 million. Completion of the transaction is expected in 30 to 45 days, contingent upon Hart-Scott-Rodino and other governmental approvals. A conference call to discuss the transaction is scheduled for later today at 1:30 p.m. Eastern Time (10:30 a.m. Pacific Time). Listeners may access the conference call live over the Internet at the following locations: www.esterline.com or www.earnings.com. ”

BELLEVUE, Wash., Dec. 7, 2006 — Esterline Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fourth quarter income from continuing operations of $18.4 million, or $.71 per diluted share, on sales of $270.3 million. In the same period last year, income from continuing operations was $15.4 million, or $.60 per diluted share, on $224.1 million sales. Orders received in the fourth quarter totaled $288.2 million. This compared with orders of $204.2 million a year ago. Backlog at year-end was $653.5 million compared with $482.8 million at the end of the prior-year period.

BELLEVUE, Wash., August 31, 2006 — Esterline Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2006 third quarter (ended July 28) net income of $11.2 million, or $.43 per diluted share, on $248.4 million sales. Net income in the same period last year was $11.9 million, or $.46 per diluted share, on sales of $209.9 million.

BELLEVUE , Wash. , August 2, 2006—Esterline Technologies (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today announced that third quarter (ended July 28) earnings per share from continuing operations would likely be in the
$.40 to $.45 range.  

BELLEVUE , Wash., July 26, 2006--Esterline Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace / defense markets, today said that its Chairman and CEO, Robert W. Cremin, has been appointed British Honorary Consul in Seattle.

BELLEVUE , Wash., June 27, 2006—Esterline Technologies Corporation (NYSE/ESL www.esterline.com) said today that an explosion occurred yesterday at its recently acquired Wallop Defence Systems subsidiary located in Middle Wallop, Hampshire, UK, resulting in one fatality and several minor injuries. The incident destroyed an oven complex used in the production of military countermeasure flares.  The complex was not connected to the main production facility.

BELLEVUE , Wash. , June 14, 2006--Esterline Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace / defense markets, today announced the appointment of Paul V. Haack to its Board of Directors and the Board’s Audit Committee. Haack recently retired from Deloitte and Touche as a senior partner where he most recently was the lead partner on the Boeing and United Airlines accounts in Deloitte’s Chicago office.

BELLEVUE , Wash. , June 1, 2006 — Esterline Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2006 second quarter (ended April 28) income from continuing operations of $17.7 million, or $.68 per diluted share, on $247.9 million sales. Year-ago income from continuing operations was $13.7 million, or $.54 per diluted share, on sales of $211.6 million.

BELLEVUE, Wash., March 27, 2006—Esterline Technologies Corporation today announced that it has completed the acquisition of Wallop Defence Systems Ltd. from Cobham plc. for approximately $59 million in cash plus a contingency for future performance.

BELLEVUE , Wash. , March 9, 2006—Esterline Technologies Corporation today announced an agreement to acquire Wallop Defence Systems Ltd. from Cobham plc. Wallop is a leading manufacturer of military pyrotechnic products. The acquisition will be the ninth plant Esterline has acquired in the U.K. in the past six years.

BELLEVUE, Wash., Feb. 23, 2006 — Esterline Technologies (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2006 first quarter (ended January 27) income from continuing operations of $8.4 million, or $.32 per diluted share, on $205.7 million sales. Year-ago income from continuing operations was $10.1 million, or $.41 per share, on sales of $189.8 million. (The year-ago results do not include $7.5 million, or $.31 per share, principally from the gain on the sale of the company’s Fluid Regulators subsidiary, accounted for as a discontinued operation. Including this divestiture, first quarter 2005 net earnings were $17.6 million, or $.72 per diluted share.) 

BELLEVUE , Wash. , December 16, 2005—Esterline Corporation (NYSE/ESL www.esterline.com ), a leading specialty manufacturer serving aerospace/defense markets, announced today that it acquired Darchem Holdings Limited for approximately $120 million in cash. Darchem is a global leader in the manufacture of thermally engineered components for critical aerospace and defense applications. Typical components include lightweight thermal insulation for jet exhaust ducting, nacelle and thrust reverser units, environmental control ducting and heat shields. The acquisition adds approximately $70 million in annualized sales to the company’s recently reported fiscal 2005 revenues of $834 million.