Exhibit 99.1

ESTERLINE REPORTS FISCAL 2014 FIRST QUARTER RESULTS

First Quarter Earnings of $30.1 Million, or $0.93 per Share, on $505.0 Million Sales

Highlights:

BELLEVUE, Wash., February 27, 2014 – Esterline Corporation (NYSE: ESL) (www.esterline.com), a leading specialty manufacturer serving the global aerospace and defense markets, today reported fiscal 2014 first quarter (ended January 31) net earnings of $30.1 million, or $0.93 per diluted share, on sales of $505.0 million. Excluding charges associated with the company’s previously announced integration activities and certain incremental costs associated with implementing an enhanced compliance program, adjusted net earnings were $35.0 million, or $1.08 per diluted share. This compares with $25.1 million, or $0.80 per diluted share, in the first quarter of fiscal 2013 on sales of $458.0 million.

Curtis Reusser, Esterline’s President and Chief Executive Officer, said, “We are off to a good start in fiscal 2014. We are performing as we expected at this point in the year, and our restructuring efforts announced at the end of 2013 are progressing well.” Reusser noted that in the first quarter, the company continued to benefit from expansion in commercial aircraft markets as “…the build cycle remains at historic highs and is supported by strong backlog. Meanwhile, despite budget pressures in our defense businesses, we are making significant progress toward improving the efficiency of those product lines.”

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The company reiterated its previously announced full-year guidance, with fiscal 2014 revenue expected in the range of $2.0 billion to $2.1 billion and adjusted diluted earnings per share in the range of $5.40 to $5.70, excluding the integration and incremental compliance costs. Reusser added, “As we look to the rest of 2014, our financial results and outlook remain on plan, our end-market dynamics are still in line with our prior expectations, and our cost savings initiatives are on track.”

Integration and Compliance Activities

In the first quarter of fiscal 2014, Esterline initiated its previously announced plans to integrate certain facilities and functions, creating greater cost efficiency through consolidation and shared services in selling, general, and administrative (SG&A) areas and support functions. These efforts have included six facility or product consolidation initiatives. “All of the consolidation activities scheduled to begin this fiscal year have been announced internally, and we are now actively implementing these integration plans while working to increase operational efficiency throughout the entire Esterline organization,” said Reusser.

As a result of these integration activities, Esterline incurred costs during the first fiscal quarter of $5.4 million, of which $4.8 million was related to general and administrative costs and reflected as restructuring charges on the company’s income statement. The remaining costs associated with these programs were incurred as cost of sales at the company’s operating locations and are included in consolidated gross margin.

Total estimated integration costs remain unchanged at approximately $40 million, with $25 million to $30 million to be incurred in fiscal 2014 and the balance in 2015. In total, these activities are expected to create savings in excess of $15 million annually starting in 2016.

In addition to the integration expenses, the company incurred an incremental $1.8 million of costs in the first fiscal quarter related to efforts designed to enhance its compliance program. Of these costs, $1.5 million was recognized in SG&A and $0.3 million was in cost of sales.

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Results of Operations

In the first quarter of fiscal 2014, Esterline reported sales of $505.0 million, an increase of 10.3% compared with the prior year’s results of $458.0 million. The higher sales reflected continued strength in commercial markets, incremental sales from the Gamesman and Sunbank acquisitions, and a 14-week period in the first quarter of 2014, compared to a 13-week period in the prior year. The increase was partially offset by continued sales pressure for certain defense products.

Net earnings in the first quarter of fiscal 2014 were $30.1 million, or $0.93 per diluted share, an increase of 19.8% over the prior-year earnings of $25.1 million, or $0.80 per diluted share. Excluding the costs related to the company’s integration and incremental compliance activities, adjusted net earnings in the first quarter of fiscal 2014 were $35.0 million, or $1.08 per diluted share, an increase of 39.2% compared to the prior-year period.

Reusser continued, “We also generated strong cash flow in the first quarter, which significantly outpaced our reported net earnings.” During the quarter, cash flow from operations as a percent of net earnings was 157%.

New orders in the first quarter of fiscal 2014 increased 5.0% to $497.1 million over the prior-year period. Total backlog at the end of the first quarter of fiscal 2014 was $1.27 billion, roughly flat when compared with the level at the end of fiscal 2013.

Gross margin as a percentage of sales in the first quarter of fiscal 2014 was 34.3%, compared with 35.0% in the prior year. Lower gross margin resulted primarily from lower-margin product mix in Sensors & Systems and Advanced Materials.

Fiscal 2014 first quarter SG&A expense as a percent of sales was 19.1%, a reduction of 240 basis points from the prior-year level of 21.5%.

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Research, development and engineering spending in the first quarter of fiscal 2014 was $26.5 million, or 5.2% of sales, compared with $23.1 million, or 5.0% of sales, in the prior-year period. Reusser said the company expects R&D expense levels “…to remain around five percent through fiscal 2014.”

The company’s income tax rate in the first quarter of fiscal 2014 was 19.1% compared with 8.5% for the prior-year period. The lower rate in 2013 reflected $3.7 million of income tax benefits due to the extension of U.S. federal research and development tax credits, and the settlement of uncertain tax positions related to U.S. and global tax examinations.

Conference Call Information

Esterline will host a conference call to discuss this announcement today at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). The U.S. dial-in number is 866-543-6403; outside the U.S., use 617-213-8896. The pass code for the call is: 24679494.

Non-GAAP Financial Information

This press release includes non-GAAP financial measures—adjusted net earnings and adjusted net earnings per diluted share—that have not been calculated in accordance with generally accepted accounting principles in the U.S. (GAAP). Adjusted net earnings consists of net earnings attributable to Esterline plus the costs associated with certain integration activities—including restructuring charges—and incremental compliance costs incurred in the fiscal quarter. Adjusted net earnings per diluted share divides each element of adjusted net earnings by the weighted average number of shares outstanding, diluted for the fiscal quarter.

In accordance with the SEC’s requirements, below is the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures.

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The company provides these non-GAAP financial measures as supplemental information to our GAAP financial measures. Management uses adjusted net earnings and adjusted net earnings per diluted share to (a) evaluate the company’s historical and prospective financial performance and its performance relative to its competitors, (b) allocate resources, and (c) measure the operational performance of the company’s business units.

In addition, management believes investors’ and financial analysts’ understanding of the company’s performance is enhanced by including these non-GAAP financial measures as a reasonable basis for comparing the company’s historical results of operations.

These non-GAAP financial measures are not meant to be considered in isolation or as a substitute for the comparable GAAP measures. There are limitations to these non-GAAP financial measures because they are not prepared in accordance with GAAP and may not be comparable to similarly titled measures of other companies due to potential differences in methods of calculation and items that comprise the calculation. The company compensates for these limitations by using these non-GAAP financial measures as a supplement to the GAAP measures and by providing reconciliations of the non-GAAP and comparable GAAP financial measures. The non-GAAP financial measures should be read only in conjunction with the company’s consolidated financial statements prepared in accordance with GAAP.

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EDITOR: See attached Consolidated Statement of Operations, Consolidated Sales

and Earnings from Operations by Segment, and Consolidated Balance Sheet

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ESTERLINE TECHNOLOGIES CORPORATION

Consolidated Statement of Operations (unaudited)

In thousands, except per share amounts

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ESTERLINE TECHNOLOGIES CORPORATION

Consolidated Sales and Earnings from Operations by Segment (unaudited)

In thousands

Page 8 of 8 Esterline Reports First Quarter Results

ESTERLINE TECHNOLOGIES CORPORATION

Consolidated Balance Sheet (unaudited)

In thousands