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.

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.

BELLEVUE, Wash., Feb. 28, 2008 — Esterline Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2008 first quarter (ended February 1) net earnings of $31.0 million, or $1.04 per diluted share. Year-ago net earnings were $12.8 million, or $.49 per diluted share. First quarter 2008 net earnings include $6.9 million in tax benefits and a $1.9 million gain associated with the termination of an interest rate swap; first quarter 2007 net earnings included a $2.1 million tax benefit. Sales in the 2008 first quarter were a record $372.4 million compared with $257.2 million a year ago.

BELLEVUE, Wash., Dec. 6, 2007 — Esterline Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fourth quarter (ended October 26) net earnings of $20.9 million, or $.78 per diluted share, on sales of $370.7 million.  In the same period last year, net earnings were $18.4 million, or $.71 per diluted share, on $270.3 million sales.

BELLEVUE, Wash., October 10, 2007 — Esterline Technologies Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, announced today that it has agreed to sell 3,450,000 shares of its common stock at an initial public offering price of $55.00 per share in an underwritten public offering. Net proceeds from the offering are expected to be used to repay outstanding debt under credit facilities and for general corporate purposes. The sale will be made under Esterline's effective shelf registration statement previously filed with the Securities and Exchange Commission. The sole underwriter for the offering is Jefferies & Company, Inc.

BELLEVUE, Wash., August 30, 2007 — Esterline Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2007 third quarter (ended July 27) net earnings of $38.8 million, or $1.49 per diluted share, including $23.0 million after tax, or $.88 per share, from a previously announced insurance recovery.  Sales in the third quarter of FY07 were $326.4 million, including $40.9 million from recently acquired CMC Electronics.  Year-ago net earnings were $11.2 million, or $.43 per diluted share, on sales of $248.4 million.

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.