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Yeldon Picked to Lead Esterline Avionics Systems Unit

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BELLEVUE, WA--(Marketwire - 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.

Yeldon has more than 23 years of broad operational experience in the
aerospace sector, including 14 years as CMC's Vice President and Chief
Financial Officer (CFO). He has also been serving as Interim President of
the company since November 2008. His first position with the company was
Corporate Comptroller in 1995 and he has served on the Board of Directors
for CMC Electronics Inc. and CMC Electronics Holdings Inc. from 2001 to
2007.

Esterline CEO Robert W. Cremin said, "Greg's in-depth business acumen and
knowledge of CMC Electronics products, markets, customers and employees
makes him particularly well suited to provide continuity and leadership at
the helm of Esterline CMC Electronics."

Prior to joining Esterline, Yeldon held a variety of positions at Leigh
Instruments and Micronav International. He received a Commerce degree in
1982 from Carleton University and began his career at Peat Marwick, where
he obtained his Chartered Accountant designation. He became a member of
the Canadian Institute of Chartered Accountants in 1985.

About Esterline:

Esterline Corporation is a leading worldwide supplier to the aerospace and
defense industry specializing in three core areas: Advanced Materials,
Avionics & Controls and Sensors & Systems. With annual sales of $1.5
billion, Esterline employs more than 10,000 people, including 1,500
engineers worldwide. The Sensors & Systems segment includes operations
that produce high-precision temperature and pressure sensors, electrical
power distribution equipment, and other related systems principally for
aerospace and defense customers. Operations within the Advanced Materials
segment focus on technologies including high-temperature-resistant
materials and components used for a wide range of military and commercial
aerospace purposes, and combustible ordnance and electronic warfare
countermeasure products. Operations within the Avionics & Controls segment
focus on technology interface systems for commercial and military aircraft
and similar devices for land- and sea-based military vehicles, secure
communications systems, specialized medical equipment, and other high-end
industrial applications.

 

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