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Abonner Goodrich Corporation

Goodrich Corporation

Airbus Selects Goodrich Nacelles and Thrust Reversers for A350

Charlotte, North Carolina (ots/PRNewswire)

- Contract expected to generate approximately US$6 billion in
original equipment and aftermarket sales for Goodrich over 20 years
Airbus has selected Goodrich Corporation (NYSE: GR) to provide the
nacelles and thrust reversers for the new A350 aircraft. The contract
is  expected to generate approximately US$6 billion in original
equipment and  aftermarket sales for Goodrich over 20 years. The A350
is due to enter into  service in 2010.
Jack Carmola, Segment President, Engines Systems for Goodrich
stated, "The A350 is an important market expansion for Airbus, and is
further evidence of our success across the broad spectrum of
commercial aircraft platforms. We view the medium, twin-aisle market
as robust and having significant growth potential. This award
demonstrates the confidence Airbus has in Goodrich. We appreciate
that confidence and are excited about continuing our long
relationship with them."
Design and production of the A350 nacelle systems will leverage
existing lean design and manufacturing processes. The work will be
performed by Goodrich's Aerostructures business headquartered in
Chula Vista, California and its major assembly facility in Toulouse,
France.
Goodrich Corporation, a Fortune 500 company, is a leading global
supplier of systems and services to the aerospace and defense
industry. If there's an aircraft in the sky -- we're on it. Goodrich
technology is involved in making aircraft fly ... helping them land
... and keeping them safe. Serving a global customer base with
significant worldwide manufacturing and service facilities, Goodrich
is one of the largest aerospace companies in the world. For more
information visit http://www.goodrich.com .
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 Airbus A350 aircraft; potential cancellation of A350 orders by
customers; the willingness of Airbus to extend its contract with the
company relating to the A350 nacelle system beyond the initial
contract period; and global demand for A350 spare parts and
aftermarket services. 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, 2003 and the company's quarterly
report on Form 10-Q for the quarter ended September 30, 2004.
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.
Web site: http://www.goodrich.com

Contact:

Media, Gail K. Warner, +1-704-423-7048, or Lisa Bottle,
+1-704-423-7060, or Investor Relations, Paul Gifford,
+1-704-423-5517, all of Goodrich Corporation