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Investor Relations / Press Release
Press Release
April 01, 2008
Airbus Authorizes Goodrich to Repair Proprietary Components
  • Work will be performed at Goodrich's Foley, Ala. service facility

CHARLOTTE, N.C., April 1, 2008 /PRNewswire-FirstCall/ -- Goodrich Corporation (NYSE: GR) has entered into an agreement with Airbus North America Customer Services Inc. to perform repair work on a variety of proprietary components at its Foley, Ala. maintenance, repair, and overhaul (MRO) facility known as the Alabama Service Center. Under the agreement, the facility becomes one of two Airbus-endorsed repair stations for structural components in the Americas; in addition, it is now one of three repair stations in the Americas that Airbus has chosen to work on its proprietary parts. The main product lines the facility expects to service include flight control surfaces, pneumatic ducting and access doors, such as landing gear doors.

Under the agreement, Goodrich and Airbus will jointly market these repair services to operators. Airlines will now have the option of routing damaged Airbus proprietary components, including those under new aircraft warranty, directly to the Goodrich facility for refurbishment. With the agreement, the facility will become a member of the extended Airbus "family," with direct access to Airbus support and resources including technical data, engineering and supply chain.

"This agreement creates a partnership between Goodrich and Airbus that benefits all Airbus operators in the Americas," said Stuart Kay, general manager of the Alabama Service Center. "It also elevates the level of MRO services that we provide and furthers our goal of being a total solutions provider."

The Foley, Ala. facility is part of Goodrich's Aerostructures business headquartered in Chula Vista, Calif. Aerostructures also operates MRO facilities in Scotland, France, Singapore and Dubai, and plans to open an additional MRO facility in Brazil later this year.

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.

SOURCE Goodrich Corporation; GR - Nacelles and Interior Systems

CONTACT: Media: Laurie Tardif, +1-704-423-7048, Lisa Bottle, +1-704-423-7060, both of Goodrich Corporation

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Goodrich Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
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