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Airbus Selects Goodrich External Video System for A350 XWB Aircraft

Posted on: Monday, 4 May 2009, 08:05 CDT

CHARLOTTE, N.C., May 4, 2009 /PRNewswire-FirstCall/ -- Goodrich Corporation (NYSE: GR) has been selected by Airbus to supply the external video system for the new A350 XWB commercial aircraft. Goodrich expects the award to generate more than $1 billion in original equipment and aftermarket revenue over the life of the program. Work will be performed by Goodrich's Sensors and Integrated Systems teams in Burnsville, Minn. and Toulouse, France.

The external video system integrates all video information inside and outside the aircraft, processes it for display and sends it to the flight deck. The system includes three externallymounted digital video cameras and two Concentrator-Multiplexer for Video (CMV) avionics modules. The CMVs receive information from the ruggedized external video cameras, multiple internal cabin video sources and from the On-board Information System. The information is processed into high quality video images viewable by the flight crew over the flight deck displays.

"Goodrich's A350 external video system is evidence of our ability to offer customers fully integrated video solutions," said Jan Mathiesen, vice president, Goodrich Sensors and Integrated Systems. "This award further expands our growing portfolio of video products which includes electronic flights bags, video surveillance systems, and other Cockpit Data Management Solutions(TM). Our agility in meeting changing customer business needs has allowed us to certify applications across commercial transport aircraft, regional aircraft and business jets."

The external video system is part of Goodrich's Cockpit Data Management Solutions(TM) which are designed to reduce workload, improve overall flight operations and ultimately reduce operating costs. The solutions allow flight crews, flight operations, maintenance departments and information technology departments to efficiently manage information flow to and from the flight deck.

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.

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 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 - Electronic Systems

SOURCE Goodrich Corporation; GR ? Electronic Systems

Source: PR Newswire

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