Exhibit 99.1

FOR IMMEDIATE RELEASE

Contact:   Julie Albrecht

    +1 425-453-9400

ESTERLINE REPORTS FISCAL 2016 FIRST QUARTER RESULTS

BELLEVUE, Wash., February 4, 2016 – Esterline Corporation (NYSE: ESL) (www.esterline.com), a leading specialty manufacturer serving the global aerospace and defense markets, today reported results for the first fiscal quarter, ended January 1, 2016. During the quarter, the company reported consolidated revenue of $441.5 million, a decline of 12.5% compared with the year-ago period of $504.6 million. Lower revenue compared with the prior year was primarily attributable to lower end-market demand, shipment and production delays as a result of ongoing integration efforts and an unfavorable impact from foreign exchange rates. These factors were partially offset by the incremental contribution from the defense, aerospace and training businesses (DAT) acquired from Barco N.V. in January of 2015.

All comparisons to the prior year period are being made to a recast fiscal 2015 that reflects the company’s new fiscal calendar. The recast first quarter of fiscal 2015 includes an extremely strong October 2014 that was also the last month in the 2014 fiscal year.

Earnings from continuing operations in the fiscal first quarter of 2016 were $9.9 million, or $0.33 per diluted share, compared with prior-year earnings from continuing operations of $34.5 million, or $1.06 per diluted share. Adjusted earnings from continuing operations for the first fiscal quarter of 2016 were $18.4 million, or $0.62 per diluted share. Adjusted results exclude $0.17 per diluted share related to accelerated integration and incremental compliance activities, and $0.12 per diluted share related to integration costs associated with the DAT business (see Table 1). In the comparable period of the prior year, adjusted earnings from continuing operations were $47.7 million, or $1.48 per diluted share.

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Curtis Reusser, Esterline’s Chief Executive Officer, said, “We continue to make important progress across a range of strategic initiatives. We are also increasing our focus on organic sales growth and operational excellence as these combined actions will drive performance for all of our stakeholders. Our revenue performance in the first quarter reflects challenges related to both the condition of our markets and our execution, each of which underlines the necessity of sharper operational focus. While we are not satisfied by our first quarter performance, we remain confident that we are on the right strategic path, we will continue to progress toward our goals, and our teams will deliver strong, sustainable improvement as we move forward.”

Table 1: Effect of Certain Items on 1^st Fiscal Quarter

              2016 Earnings from Continuing Operations

Including discontinued operations, net earnings for the first fiscal quarter of 2016 were $5.1 million, or $0.17 per diluted share, compared with $28.6 million, or $0.88 per diluted share, in the comparable period in fiscal 2015. Net earnings in the first fiscal quarter of 2016 included a $4.8 million loss from discontinued operations, while the prior year included a $5.9 million loss from discontinued operations.

New orders in the fiscal first quarter of 2016 were $496.3 million, compared with $466.2 million in the comparable prior-year period. Backlog at the end of the fiscal first quarter of 2016 was $1.28 billion, compared with $1.16 billion at the end of the recast first quarter of fiscal 2015.

Gross profit in the fiscal first quarter of 2016 was $137.7 million, compared with $178.2 million in the prior-year period. Reported gross margin as a percentage of sales in the first fiscal quarter of 2016 was 31.2% compared with 35.3% in the prior-year period. On an adjusted basis, excluding the discrete items consistent with adjusted EPS, the company reported gross margin of $139.3 million, or 31.6% of sales, in the fiscal first quarter of 2016, compared with adjusted gross margin of $182.9 million, or 36.2% of sales, in the prior year. Lower gross margin in the 2016 period primarily reflects the impact of lower fixed cost absorption from lower sales volume, a weaker product mix and certain operational inefficiencies.

Selling, general and administrative (SG&A) expenses during the fiscal first quarter of 2016 were $94.1 million, compared with $98.0 million in the prior year. Fiscal first quarter SG&A expenses as a percent of sales were 21.3%, compared with the prior-year level of 19.4%. The higher rate in fiscal 2016 was mainly a reflection of lower sales compared with the prior year.

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Research, development and engineering (R&D) spending in the first quarter of fiscal 2016 was $25.6 million, or 5.8% of sales, compared with $23.5 million, or 4.7% of sales, in the prior-year period. The company expects full-year R&D spending to be approximately 5.0% of sales.

On a GAAP basis, the company recorded a tax benefit of $0.03 million as a result of discrete tax benefits in the United Kingdom and the United States, compared with a tax expense of $11.0 million, or 24.1% in the prior-year. For the full year, the company expects a tax rate of 18% to 20%.

Cash flow from operations through the first fiscal quarter of 2016 was $40.7 million. Excluding capital expenditures of $14.9 million, free cash flow was $25.8 million during the same period.

Updated Guidance for Fiscal Year 2016

The company has updated its full-year guidance for fiscal year ended September 30, 2016, to reflect first quarter results, certain market weakness and the impact of integration activities to ongoing business. The company expects full-year revenue to be in a range of 1.925 billion to $1.975 billion. Full-year adjusted earnings from continuing operations are expected in a range of $4.40 to $4.80 per diluted share. The updated adjusted earnings per share guidance excludes costs expected for accelerated integration, incremental compliance and acquisition integration. The company expects fiscal 2016 free cash flow to be in a range of $110 million to $130 million.

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 877-703-6109; outside the U.S., use 857-244-7308. The pass code for the call is: 89285143. The company has posted a presentation on its website (www.esterline.com) under “Presentations” in the Investor Relations section to provide additional information about its first fiscal quarter operational and financial results. The presentation is also included as Exhibit 99.2 to the company’s report on Form 8-K, which is being submitted today to the SEC.

Non-GAAP Financial Information

This press release and the related presentation providing supplemental financial information include non-GAAP financial measures—adjusted earnings from continuing operations, adjusted earnings from continuing operations per diluted share, adjusted earnings before interest and tax (EBIT), adjusted gross margin, and free cash flow—that have not been calculated in accordance with generally accepted accounting principles in the U.S. (GAAP). Adjusted earnings from continuing operations consist of earnings from continuing operations attributable to Esterline less the costs associated with certain integration activities—including restructuring charges—and incremental compliance costs as well as discrete items associated with our acquisition of the DAT business in January 2015, adjustments to reserves on long-term contracts incurred in the periods presented and unique amounts related to pension expense, in each case, as further detailed in the tables below.

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Adjusted earnings from continuing operations per diluted share divides each element of adjusted earnings from continuing operations by the weighted average number of shares outstanding, diluted for the periods presented. EBIT is defined as operating earnings from continuing operations. Adjusted EBIT excludes the same costs excluded from adjusted earnings from continuing operations. First fiscal quarter 2016 adjusted gross margin excludes the cost of certain integration activities of $1.6 million from GAAP gross margin. Fiscal first quarter 2015 adjusted gross margin excludes certain integration and compliance costs and adjustments to long-term contract reserves totaling $4.6 million. First fiscal quarter 2016 free cash flow of $25.8 million equals cash flow from operations of $40.7 million less capital expenditures of $14.9 million. In accordance with the SEC’s requirements, below is the reconciliation of the non-GAAP adjusted earnings from continuing operations to the comparable GAAP earnings from continuing operations.

In millions, except per share amounts

The company provides these non-GAAP financial measures as supplemental information to the GAAP financial measures. Management uses these non-GAAP financial measures 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, and free cash flow is not necessarily indicative of amounts available for discretionary use. 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

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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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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 Continuing Operations by Segment (unaudited)

In thousands

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ESTERLINE TECHNOLOGIES CORPORATION

Consolidated Balance Sheet (unaudited)

In thousands