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Airbus Selects Goodrich for A350 XWB Cabin Attendant Seats

Dépèche transmise le 15 juin 2009 par Business Wire

Airbus Selects Goodrich for A350 XWB Cabin Attendant Seats

PARIS--(BUSINESS WIRE)--Goodrich Corporation (NYSE: GR) has been selected by Airbus to provide advanced cabin attendant seats for the new A350 XWB aircraft. The selection is expected to generate $100 million in original equipment and aftermarket revenue over the life of the program. With this new contract, Goodrich cabin attendant seats are featured on all Airbus aircraft including the A300, A320 A330, A340 and A380 Family aircraft.

The seats will be produced by Goodrich’s Interiors team in Colorado Springs, Colo. Design and development work will commence in the second quarter of 2009, and production deliveries are scheduled to start in the first quarter 2011. The advanced cabin attendant seats, referred to as “16G” seats, incorporate improvements in reliability and safety, and meet the most stringent government regulations for emergency landing protection.

Tom Mepham, president of Goodrich Interiors, said, “Airbus’ selection of this advanced 16G seat demonstrates their commitment to providing the utmost in safety and comfort to aircrews that will operate the A350 XWB. Goodrich has significant content on the A350 XWB, and we look forward to participating in the success of this exciting new aircraft.”

Goodrich’s content on the A350 XWB also includes the nacelle and thrust reverser system, wheels and carbon brakes, air data system and ice detection system, and external video system.

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.

Editorial note: Federal Aviation Regulations (FAR) require that passenger and crew seats in commercial service be designed and shown to protect each occupant during an emergency landing; seats that comply with these criteria are frequently referred to as "16G seats." Refer to Part 25 of the FAR for more information.

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 the aircraft; the actual amount of product purchased under the contracts; potential cancellation of orders by customers; extension of contracts with the company relating to the aircraft beyond the initial contract period; and global demand for the 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, 2008 and the company's quarterly report on Form 10-Q for the quarter ended March 31, 2009.

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.

GR - Nacelles and Interior Systems