Contract expected to generate approximately $21 million in original equipment sales for Goodrich over 3 years
CHARLOTTE, N.C., June 22 /PRNewswire-FirstCall/ -- Goodrich Corporation
(NYSE: GR) has been awarded a contract by Lear Siegler, Inc. for initial
production quantities of laser threat warning systems for use on U.S. Army
BLACKHAWK and Chinook helicopters. This option is the first installment of a
multi-year contract in support of the U.S. Army. The contract is expected to
generate approximately $21 million in original equipment sales for Goodrich
over 3 years, with first deliveries beginning in 2006.
According to Goodrich Electro-Optical Systems Vice President and General
Manager, David Olson, "Goodrich is pleased to provide our service men and
women with our advanced laser warning system as a key enhancement to their
battlefield security portfolio. This new product continues a 30-year heritage
of excellence in providing for U.S. Army force protection."
The new AN/AVR-2B laser threat warning system design is the next
generation of existing Goodrich aircraft survivability equipment, which has
been successfully deployed on over 1,600 helicopters, including those involved
in recent sorties in Iraq.
Smaller and 50% lighter than previous generation systems, the all-weather
AN/AVR-2B provides extreme reliability and accuracy in detecting known laser
threats.
Goodrich has been a supplier of aviation survivability equipment for over
30 years. The company's Electro-Optical Systems business, based in Danbury,
Conn., maintains the only production line for U.S. Army laser warning systems
in the United States.
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.
SOURCE Goodrich Corporation; GR - Electronic Systems
CONTACT:
Media
Lisa Bottle, +1-704-423-7060
or
Gail K. Warner,
+1-704-423-7048
Investors
Paul Gifford, +1-704-423-5517
all of Goodrich
Corporation
