Integrated Defense Technologies, Inc. Completes $146 million Acquisition of BAE SYSTEMS Surveillance and Intelligence Operation

Purchase expands Integrated Defense’s opportunities in the intelligence and Homeland Security markets.

Huntsville, Alabama, November 1, 2002 – Integrated Defense Technologies, Inc. (“IDT”) (NYSE: IDE) announced today that it has successfully completed the acquisition of BAE SYSTEMS Advanced Systems Gaithersburg, Maryland operation.

BAE SYSTEMS Gaithersburg operation, now known as Signia-IDT, is a leading designer and manufacturer of high performance radio frequency (RF) surveillance equipment used in signals intelligence applications. The acquisition enhances Integrated Defense’s opportunities for participation in projected increases in spending for intelligence and information technology used to transform the U.S. military’s intelligence gathering and Homeland Security efforts.

Signia is expected to add approximately $81 million to Integrated Defense’s annual revenue, generate $17 million of EBITDA, and be accretive to earnings in 2003. The purchase was financed through available cash and an add-on to Integrated Defense’s existing senior credit facility.

“We are excited to have the entire Gaithersburg team join the IDT family. We believe the acquisition will allow us to further capitalize on defense industry trends and deliver increased intelligence and surveillance capabilities to our customers. Signia’s products and capabilities are clear market leaders, particularly in the high performance receiver and tuner segments, and hold strong positions in important markets for specialized communications intercept and analysis equipment,” stated Robert B. McKeon, Chairman of Integrated Defense.

Signia will become part of Integrated Defense’s Communications and Surveillance Systems group which provides a range of electronic transmission, signals intelligence and radar systems, including RF transmitters for the U.S. Armed Forces, microwave subsystems for the Predator and Global Hawk UAVs, signals intelligence collection equipment and subsystems for U.S. and foreign governments, and high performance weather radar systems for governments worldwide.

Integrated Defense Technologies is a leading developer and provider of advanced electronics and technology products to the defense and intelligence industries. IDT products are installed on or used in support of a wide array of military platforms to enhance their operational performance or extend their useful life. IDT products are incorporated into approximately 250 programs, which, in turn, are installed on or support over 275 platforms. Integrated Defense employs more than 1,600 people in the United States and Canada.

Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and the following: changes in demand for the Company's products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, difficulties encountered in the integration of acquired businesses and other risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, the availability of government funding, and general domestic and international business and political conditions. Such forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

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