July 14, 2008

Continental Selects Goodrich for Additional Landing Gear Overhaul Services

Goodrich, a supplier of systems and services to the aerospace and defense industry, has received an expanded landing gear overhaul service agreement from Continental Airlines to cover virtually every model in the airline's Boeing aircraft fleet.

The expanded portion of the agreement is expected to generate $49 million in revenue over five years.

Under the contract amendment, Goodrich will perform overhaul services for landing gear on Continental's Boeing 737-700/800/900, 767 and 777 aircraft, in addition to the 757-200 and 737 classic models already under service agreement to Goodrich. Work will be performed by the Goodrich Landing Gear team in Opa-Locka, Florida.

Mike Brand, president of landing gear at Goodrich, said: "This new agreement is evidence of the positive, long-standing relationship we share with Continental Airlines. We look forward to providing them with exceptional quality, delivery and service for years to come."