SOURCE: Esterline Technologies BELLEVUE, WA–(Marketwire – July 19, 2010) – Esterline Corporation ( NYSE : ESL ) ( www.esterline.com ), a leading specialty manufacturer serving aerospace/defense markets, today announced that it is commencing an offering (the “Offering”) of $200 million aggregate principal amount of senior notes due 2020. Esterline intends to use the net proceeds from the Offering to repurchase any and all of its $175 million outstanding 7 3/4% Senior Subordinated Notes due 2013 (the “2013 Notes”), pursuant to a cash tender offer and consent solicitation for the 2013 Notes also announced today, and to use the balance for general corporate purposes. Brad Lawrence, Esterline’s President and Chief Executive Officer, stated that “…this transaction represents a timely and attractive opportunity for Esterline to extend the maturity of its long-term debt, lower overall interest costs, and improve our strategic flexibility, thereby enhancing long-term value for our shareholders.” The Offering is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes being offered by Esterline have not been registered under the Securities Act or any state securities laws. Therefore, the notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the Securities Act and any applicable state securities laws