Goodrich to Provide Air Data System, Crew Seats for Embraer Legacy 450 and Legacy 500 Executive Jets

CHARLOTTE, N.C., Oct. 6, 2008 /PRNewswire-FirstCall/ -- Goodrich Corporation (NYSE: GR) has been selected by Embraer to supply Air Data Systems (ADS) and crew seats for the Legacy 450 and Legacy 500 executive jets. The potential value of the selections is roughly $110 million over the life of the programs for both original equipment and aftermarket revenue. Work will be performed by Goodrich's Sensors and Integrated Systems team in Burnsville, Minn., as well as the Interiors team in Colorado Springs, Colo.

The ADS features Goodrich's SmartProbe(TM) technology to provide all critical air data parameters to the aircraft's flight control, pilot display and other systems. SmartProbe air data sensing technology integrates multi-function sensing probes, pressure sensors and full air data measurement processing allowing the elimination of pneumatic lines. This integration reduces the total number of individual system components, decreases overall weight and significantly improves system reliability, maintainability and performance. The SmartProbe ADS is also found on Embraer's 170, 190 and Phenom 300 jets.

The crew seats incorporate improvements in reliability and safety, and meet the most stringent government regulations for emergency landing protection. Goodrich crew seats are also featured on Embraer's Phenom 100 and Phenom 300 business jets.

Curtis Reusser, Segment President, Electronic Systems at Goodrich, said, "The selection of Goodrich for the new Legacy executive jets further solidifies our longstanding relationship with Embraer. We look forward to providing industry-preferred technology on these exciting new platforms."

Embraer's new mid-light Legacy 450 and mid-size Legacy 500 are the first business jets in their categories to offer a six-foot stand-up cabin along with best-in-class cabin space and sound proofing. The jets offer improved fuel efficiency, ease of maintainability, low operating costs, reduced noise and emissions, and highest cruising speeds in their classes. The Legacy 500 is expected to enter service in the second half of 2012, and the Legacy 450 in the second half of 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.

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 each aircraft; the actual amount of product purchased under the contracts; potential cancellation of orders by customers; and global demand for each aircraft's 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, 2007 and the company's quarterly report on Form 10-Q for the quarter ended June 30, 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.