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prnewswire

Goodrich Selects U.S. Air Force for F-35 Landing Gear Advanced Coatings

-- Selection for environmentally responsible coatings expands Air Force partnership

  • Press Release
  • Source: Goodrich Corporation; GR - Actuation and Landing Systems
  • On 9:00 am EST, Tuesday January 13, 2009

CHARLOTTE, N.C., Jan. 13, 2009 /PRNewswire-FirstCall/ -- Goodrich Corporation (NYSE: GR - News) has selected the U.S. Air Force's Ogden Air Logistics Center (OO-ALC) at Hill Air Force Base, Utah, to provide specialty coatings on landing gear for the F-35 Lightning II fighter aircraft. Under the agreement, the OO-ALC will apply high velocity oxygenated fuel (HVOF) thermal spray coating on Goodrich landing gear components produced for the F-35. The initial agreement runs through May 2009, and covers requirements for five landing gear shipsets of the carrier variant F-35.

HVOF coating technology is increasingly being used in demanding aerospace applications such as landing gear because it provides a superior performing, environmentally responsible alternative to hard chrome plating. Goodrich, along with the F-35 integrated product team, worked closely with OO-ALC on technical, quality and program elements to bring the depot's HVOF process online in a production environment.

According to Mike Brand, president, Goodrich Landing Gear, "In today's market, commercial and military platforms compete for limited capacity on critical process technologies. By working with the Air Force, Goodrich is able to provide our customer a high quality, environmentally-friendly product at a price and production rate that is competitive with the commercial marketplace. In addition, we have a unique opportunity to engage our customer early in the F-35 program's life cycle; they can gain experience with the landing gear design and technology well in advance of traditional depot maintenance and overhaul activities as the product is fielded."

OO-ALC is the U.S. Air Force's landing gear center of excellence. Goodrich and OO-ALC have had a partnership agreement since 2001. Other work under the partnership agreement includes the repair and overhaul of landing gear for the C-17 Globemaster transport aircraft.

Goodrich provides landing gear for all variants of the F-35 Lightning II - CTOL (conventional takeoff and landing), CV (carrier variant) and STOVL (short takeoff/vertical landing). Other Goodrich content on the F-35 includes the air data system, weapons bay door systems, engine and fuel quantity sensors, actuation systems and unique STOVL engine and airframe components. Goodrich content on the F-35 is expected to be valued at more than $3 million per aircraft. Production takes place at company facilities in Australia, Canada, the UK and the U.S.

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.

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 F-35 Lightning II; the actual amount of product purchased under the contracts relating to the F- 35 Lightning II; and potential cancellation of orders. 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.

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.

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.

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