Bombardier Selects Goodrich as High Lift System Provider for CSeries Aircraft

* Reuters is not responsible for the content in this press release.

Tue Mar 24, 2009 2:55pm EDT

Selection is Expected to Generate $750 Million in Revenue over 20 Years 
CHARLOTTE, N.C.--(Business Wire)--
Goodrich Corporation (NYSE: GR) has been selected by Bombardier to design and
produce the high lift actuation system for the new Bombardier CSeries family of
commercial aircraft. The selection is expected to generate more than $750
million in original equipment and aftermarket revenue over 20 years. Work will
be performed by Goodrich`s Actuation Systems team in Wolverhampton, UK. 

Goodrich will provide a fully integrated high lift flap and slat system for the
aircraft including actuators, power drive units, wing tip brakes, electronic
control units, cockpit levers, transmission shafts and sensors. This new fully
optimized design builds on the millions of high lift flight hours experience
gained across a wide range of aircraft platforms, providing built-in maturity
for the CSeries airliners. In addition, Goodrich will provide complete system
integration optimized for the aircraft. 

The Goodrich team in Wolverhampton will also provide the thrust reverser
actuation system, an integral part of the nacelle system, for the Pratt &
Whitney PurePower PW1000G engine that will power the CSeries. Goodrich was
selected to provide the nacelle system for the PW1000G in 2008. 

Eric Schulz, president, Goodrich Actuation Systems, said, "In providing both the
high lift and thrust reverser actuation systems to Bombardier, we are leveraging
our experience on these products to provide a truly integrated and optimized
solution for the new generation single-aisle CSeries aircraft." 

The CSeries aircraft will emit 20* per cent less CO2 and 50* per cent less NOx,
fly four* times quieter, and deliver dramatic energy savings - 20* per cent fuel
burn advantage as well as 15* percent improved cash operating costs - versus
current in-production aircraft of similar size. Launch customer Lufthansa is
scheduled to receive up to 60 of the aircraft; entry into service is expected in
2013. 

Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and
services to aerospace, defense and homeland security markets. With one of the
most strategically diversified portfolios of products in the industry, Goodrich
serves a global customer base with significant worldwide manufacturing and
service facilities. For more information visit http://www.goodrich.com. 

Goodrich Corporation operates through its divisions and as a parent company for
its subsidiaries, one or more of which may be referred to as "Goodrich
Corporation" in this press release.

*The CSeries aircraft is in the design phase. All data and specifications are
estimates, subject to change in family strategy, branding, capability,
performance during the course of the design, manufacture and certification
process. Performance has been estimated based on a 500-nm North American
operating environment. 

PurePower is a registered trademark of United Technologies Corp. - Pratt &
Whitney. 

Bombardier and CSeries are trademarks of Bombardier Inc. or its subsidiaries. 

Forward Looking Statements 

Certain statements made in this release are forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995 regarding
the company's future plans, objectives, and expected performance. Specifically,
statements that are not historical facts, including statements accompanied by
words such as "believe," "expect," "anticipate," "intend," "estimate," or
"plan," are intended to identify forward-looking statements and convey the
uncertainty of future events or outcomes. The company cautions readers that any
such forward-looking statements are based on assumptions that the company
believes are reasonable, but are subject to a wide range of risks, and actual
results may differ materially. 

Important factors that could cause actual results to differ include, but are not
limited to: demand for and market acceptance of the Bombardier C-Series
aircraft; the actual amount of product purchased under the contract; potential
cancellation of orders by customers; and global demand for spare parts and
aftermarket services for these aircraft. Further information regarding the
factors that could cause actual results to differ materially from projected
results can be found in the company's filings with the Securities and Exchange
Commission, including in the company's Annual Report on Form 10-K for the year
ended December 31, 2008. 

The company cautions you not to place undue reliance on the forward- looking
statements contained in this release, which speak only as of the date on which
such statements were made. The company undertakes no obligation to release
publicly any revisions to these forward-looking statements to reflect events or
circumstances after the date on which such statements were made or to reflect
the occurrence of unanticipated events. 

GR - Actuation and Landing Systems 





Goodrich Corporation
Laurie Tardif, +1 704 423 7048
Mobile: +1 704 264 7338
or
Lisa Bottle, +1 704 423 7060 

Copyright Business Wire 2009

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