Earnings $29.6 Million, or $.98 per Share, on $387.6 Million in Sales

Esterline Corporation, (NYSE: ESL www.esterline.com), today announced the promotion of Dennis Staver to President of its Interface Technologies platform, which includes three human-machine interface companies.

Esterline announces first quarter 2010 Net Earnings of $12.7 million - $0.42 per share - on $339.4 million in sales. 

FY09 Earnings from Continuing Operations $107.2 Million - $3.58 per share - on $1.43 Billion in sales.  Performance includes an $.08 fourth quarter tax benefit.

BELLEVUE, Wash., December 3, 2009 ― Esterline Corporation (NYSE: ESL - www.esterline.com), a leading specialty manufacturer serving the aerospace and defense markets, today announced the promotion of Kevin Moschetti to President of its Communication Systems platform, comprising two major business units located in the US and the UK.

BELLEVUE, Wash., November 23, 2009 ― Esterline Corporation (NYSE:ESL), a leading specialty manufacturer serving the aerospace, defense and medical markets, today announced the promotion of Albert S. Yost to corporate Group Vice President.

BELLEVUE, Wash., September 14, 2009 – Esterline Corporation (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving primarily aerospace and defense markets, today announced that the company’s president, R. Bradley “Brad” Lawrence, 62, has been elected to the Board of Directors and named Chief Executive Officer, effective November 1, 2009.  Lawrence succeeds Robert W. Cremin as CEO.  Cremin has been with the company for 33 years and will continue to serve as a non-executive Chairman of the Board of Directors through early 2011.

BELLEVUE, Wash., September 3, 2009 ― Esterline Corporation, (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2009 third quarter (ended July 31) income from continuing operations of $32.5 million, or $1.09 per diluted share, on sales of $361.5 million.  Earnings include a tax benefit of approximately $.10 per share.  Year-ago income from continuing operations was $18.4 million, or $.61 per diluted share, on sales of $363.5 million.

Management Sphere includes CMC Electronics’ Canadian and US Locations

BELLEVUE, Wash., August 13, 2009 ― Esterline Corporation, (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving the aerospace and defense markets, today announced the promotion of Gregory (Greg) Yeldon to the position of President of its CMC Electronics (CMC) subsidiary.

BELLEVUE, Wash., June 8, 2009--Esterline Corporation (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving aerospace / defense and medical markets, today announced that R. Bradley “Brad” Lawrence has been appointed to the new position of President and Chief Operating Officer (COO). Robert W. Cremin, who is relinquishing his role as President, continues as Chairman and CEO. Lawrence has served as an Esterline Group Vice President since January 2007, with operational oversight and responsibility for approximately half the corporation’s subsidiaries located in the U.S., Europe, Mexico, and Asia.

BELLEVUE, Wash., May 28, 2009 — Esterline Corporation, (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2009 second quarter (ended May 1) income from continuing operations of $25.3 million, or $.85 per diluted share, on sales of $359.5 million. Year-ago income from continuing operations was $23.9 million, or $.80 per diluted share, on sales of $358.0 million.

BELLEVUE, Wash., April 9, 2009 — Esterline Corporation (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving principally aerospace and defense markets, announced today that its Advanced Sensors operation has been chosen by Rolls-Royce to partner on its Trent XWB engine program.

BELLEVUE, Wash., Feb. 26, 2009 — Esterline Corporation, (NYSE:ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2009 first quarter (ended January 30) income from continuing operations of $11.5 million, or $.38 per diluted share, on sales of $309.7 million. Year-ago income from continuing operations was $29.7 million, or $1.00 per diluted share, on sales of $357.3 million. Income from discontinued operations was $.52 per diluted share, compared with $.04 per diluted share in the prior-year period, reflecting gains on the sale of a U.K.-based operation in November 2008. Net income was $26.9 million, or $.90 per diluted share, compared with $31.0 million, or $1.04 per diluted share, in the prior-year period.

BELLEVUE, Wash., December 22, 2008 — Esterline Corporation (NYSE: ESL) today announced an agreement to acquire UK-based Racal Acoustics, a leading provider of military communications equipment, from ECI Partners, a UK-based private equity group, for approximately ₤115 million. Completion of the transaction is expected in 30 to 45 days, subject to certain governmental approvals and customary closing conditions. A conference call to discuss the transaction is scheduled for tomorrow morning, December 23, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time). Listeners may access the conference call live over the Internet at the following location: www.esterline.com

BELLEVUE, Wash., December 11, 2008 – Esterline Corporation (NYSE: ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2008 fourth quarter and full-year results for the period ended October 31, 2008. Net income from continuing operations for the quarter was a record $41.4 million, or $1.38 per diluted share, on sales of $404.4 million. For the same period last year, income from continuing operations was $20.5 million, or $.76 per diluted share, on sales of $355.7 million. (Continuing operations exclude results from Esterline’s Muirhead Aerospace subsidiary, divested on November 3, 2008.)

BELLEVUE, Wash., November 18, 2008 — Esterline Corporation (NYSE: ESL www.esterline.com) today announced an agreement to acquire NMC Group (Nylon Molding Corporation) for approximately $90 million. NMC is a designer and manufacturer of specialized fasteners for the aerospace/defense industry. Completion of the transaction is expected in 30 to 45 days, contingent upon Hart-Scott-Rodino approval and other customary closing conditions. Esterline will fund the acquisition with available cash.

BELLEVUE, Wash., November 3, 2008 — Esterline Corporation (NYSE: ESL) today announced the divestiture of its UK based Muirhead Aerospace subsidiary to AMETEK, Inc. (NYSE: AME).

BELLEVUE, Wash., August 28, 2008 — Esterline Corporation, (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2008 third quarter (ended August 1) net earnings of $20.5 million, or $.68 per diluted share. Year-ago net earnings were $38.8 million, or $1.49 per diluted share, including $23.0 million after tax, or $.88 per diluted share, from an insurance recovery. Sales in the third quarter of 2008 were $382.1 million compared with $326.4 million a year ago.

BELLEVUE, Wash., August 5, 2008 — Esterline Corporation, (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported that terms-and-conditions discussions with the Canadian government regarding a research and development investment proposal and related claim under a government assistance program have been deferred through Parliament’s summer recess. 

BELLEVUE, Wash., May 29, 2008 — Esterline Corporation, (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2008 second quarter (ended May 2) net earnings of $25.2 million, or $.84 per diluted share. Year-ago net earnings were $19.8 million, or $.76 per diluted share.  Sales in the second quarter of 2008 were $374.0 million compared with $312.3 million a year ago.