News Release

Lockheed Martin Awards STAR Supplier Status to Palomar Products

Rancho Santa Margarita, CA, October 31, 2006 – Palomar Products, a subsidiary of Esterline Technologies (ESL:NYSE), announced today that Lockheed Martin has awarded the company with STAR supplier status in recognition of Palomar’s performance on the VH-71 Presidential Helicopter program. Representatives from Lockheed Martin will present the award in a ceremony at Palomar Products on Thursday November 2nd.

"We are very happy that we have been a part of this important program to provide Lockheed Martin with our Secure Intercommunications Systems for deployment on the VH-71A Presidential helicopters,” said Val Policky, president of Palomar Products. “We are gratified that our customers in the Lockheed Martin VH-71 Program Office have taken the extra time and effort to bestow this honor on Palomar.”

The Lockheed Martin STAR Supplier Program was implemented in 1999 with the goal of developing stronger supply chain relationships. The program enables Lockheed Martin to recognize their top performing suppliers. Palomar Products was recognized with the STAR status for their ability to meet the established quality and delivery requirements.

Lockheed Martin Systems Integration – Owego is the prime contractor and systems integrator for the U.S. Navy’s VH-71 Presidential Helicopter program with overall responsibility for the program and aircraft system. The VH-71 is based on the US101 helicopter, the American variant of AgustaWestland’s successful EH-101 multimission helicopter. AgustaWestlandBell, the U.S. principal subcontractor to Lockheed Martin, is the licensee of the EH101's intellectual property and has responsibility for the air vehicle design, configuration management and support. More than 200 suppliers in 41 states support the VH-71 program.

Palomar Products is a leading developer and manufacturer of secure audio and data distribution systems for military airborne and ground-based applications. Located in Rancho Santa Margarita, California, Palomar has provided TEMPEST qualified systems to customers throughout the world for over 30 years. It is a wholly-owned subsidiary of Esterline Technologies (NYSE:ESL, www.esterline.com), a specialized aerospace/defense company headquartered in Bellevue, Washington. Esterline employs about 7,500 people worldwide.

Contact:
Palomar Products
Bob Lawson
Marketing Director
Voice (949) 766-5434
FAX (949) 766-5353
email: rlawson@palpro.com