Exhibit 99.1

FOR IMMEDIATE RELEASE

Contact: Julie Albrecht

              +1 425-453-9400

ESTERLINE REPORTS FISCAL 2017 FIRST QUARTER RESULTS

BELLEVUE, Wash., February 2, 2017 – 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 December 30, 2016. The company reported consolidated revenue of $457.7 million during the quarter, an increase of 3.7% compared with $441.5 million in the year-ago period. Higher year-over-year revenue is attributable to incremental sales growth in the company’s Sensors & Systems and Avionics & Controls segments.

Earnings from continuing operations in the first fiscal quarter of 2017 were $21.5 million, or $0.72 per diluted share, compared with prior-year earnings from continuing operations of $9.9 million, or $0.33 per diluted share. Adjusted earnings from continuing operations for the first fiscal quarter of 2017 were $24.4 million, or $0.82 per diluted share. Adjusted results exclude $0.10 per diluted share mostly related to incremental compliance activities (see Table 1). In the comparable period of the prior year, adjusted earnings from continuing operations were $18.4 million, or $0.62 per diluted share.

Curtis Reusser, Esterline’s Chief Executive Officer, said, “I am pleased with the results for the start of our fiscal year. First quarter revenues were just above the high end of our expected range and earnings in the quarter were well ahead of our expectations. The combination of modestly stronger than expected operating trends and a shift in the timing of taxes and R&D spend drove the improved earnings performance.” Reusser added, “We continue to focus on execution and operational excellence to drive results for our stakeholders.”

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The company reiterated its fiscal 2017 full-year expectation for sales of $2.0 billion to $2.05 billion and for GAAP earnings from continuing operations of $4.30 to $4.70 per diluted share. The expectation for full-year adjusted earnings from continuing operations, which excludes certain compliance and integration costs, remains in the range of $4.50 to $4.90 per diluted share. The company’s prior guidance for fiscal 2017 full-year EBITDA and free cash flow also remained unchanged.

Including discontinued operations, net earnings for the first fiscal quarter of 2017 were $16.2 million, or $0.54 per diluted share, compared with $5.1 million, or $0.17 per diluted share, in the comparable period in fiscal 2016. Net earnings in the first fiscal quarter of 2017 included a $5.3 million loss from discontinued operations, while the prior year included a $4.8 million loss from discontinued operations.

New orders in the first fiscal quarter of 2017 were $421.5 million, compared with $458.1 million in the comparable prior-year period. Backlog at the end of the first fiscal quarter of 2017 was $1.26 billion, compared with $1.24 billion at the end of the first quarter of fiscal 2016.

Gross profit in the fiscal first quarter of 2017 was $144.0 million, compared with $137.7 million in the prior-year period. Reported gross margin as a percentage of sales in the first fiscal quarter of 2017 was 31.5% compared with 31.2% in the prior-year period.

Selling, general and administrative (SG&A) expenses during the fiscal first quarter of 2017 were $95.6 million, compared with $94.1 million in the prior year. Fiscal first quarter SG&A expenses as a percentage of sales were 20.9%, compared with the prior-year level of 21.3%.

Research, development and engineering (R&D) spending in the first quarter of fiscal 2017 was $21.0 million, or 4.6% of sales, compared with $25.6 million, or 5.8% of sales, in the prior-year period. The company expects full-year R&D spending to be approximately 5.0% of sales as development activities on specific programs accelerate after the first quarter.

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Page 3 of 8 Esterline Reports Fiscal 2017 First Quarter Financial Results

The company’s income tax rate in the first fiscal quarter of 2017 was 1.9% compared with a 0.3% benefit in the prior-year period. Tax rates in each of these periods were impacted by discrete tax benefits. For the full year, the company expects a tax rate of approximately 24% - 25%.

Cash flow from operations through the first fiscal quarter of 2017 was $45.5 million. After excluding capital expenditures of $15.3 million, free cash flow was $30.2 million during the same period.

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 877-307-0078; outside the U.S., use 531-289-2890. The pass code for the call is: 46097519. 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), operating earnings from continuing operations adjusted to exclude depreciation and amortization expense (EBITDA), 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, in each case, as further detailed in the tables below. 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 and adjusted gross margin exclude the same costs excluded from adjusted earnings from continuing operations. EBITDA is EBIT plus depreciation and amortization of $25 million in the first quarter of fiscal 2017 and $24 million in the first quarter of fiscal 2016. 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.

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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 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 Continuing 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

Page 7 of 8 Esterline Reports Fiscal 2017 First Quarter Financial Results

ESTERLINE TECHNOLOGIES CORPORATION

Consolidated Sales and Earnings from Continuing Operations by Segment (unaudited)

In thousands

Page 8 of 8 Esterline Reports Fiscal 2017 First Quarter Financial Results

ESTERLINE TECHNOLOGIES CORPORATION

Consolidated Balance Sheet (unaudited)

In thousands