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Goodrich CorporationA Global Leader in Aerospace and Defense
2011 Aerospace Executive Forum
Monroe, NC
May 5, 2011
Paul Snyder
2 Goodrich Proprietary
A Global Leader in Aerospace and Defense
One of the largest global aerospace and defense suppliers
Operating history of 140+ years
Proprietary flight-critical products and systems
25,000 employees at more than 80 locations worldwide
2010 sales – $7 billion
Large installed base on modern fleets drives aftermarket sales
Significant and rapidly growing defense and space presence
3 Goodrich Proprietary
Proven History Of Technology And Innovation
140 years
1870 The first rubber
fire hose
1895 The first US research lab
Let us make goods destined for service.
Dr. Benjamin Franklin Goodrich, 1870
4 Goodrich Proprietary
Engineered Industrial Products
JcAir Test Sys
Avionics
1988-2010: A Dramatic Transformation
20062006
20052005
20042004
20032003
20022002
2001200120002000
19991999
19981998
19971997
19961996
19951995
19941994
19931993
19921992
19911991
19901990
19891989
19881988
Coltec Industries
TRW Aeronautical Systems
Rohr, Inc.
Geon (PVC)
BFGoodrich Tire Division
Rosemount AerospaceCleveland Pneumatic
Simmonds Precision
Sensors Unlimited
Over 40 acquisitions in the last 20+ years
SuperImide20072007 ATS
20082008
Raytheon Optical Systems
20092009
Skyline Industries, TEAC Aerospace,
Recon Optical
Cloud Cap Technology,Atlantic Inertial Systems
Performance Materials
Acquisitions
Divestitures
Legend20102010
DeCrane Aerospace. Crompton Technology Group, LTD. (CTG)
5 Goodrich Proprietary
Global Presence
Europe & Middle EastUnited Kingdom (11)
UAE (1)France (6)
Germany (4)Poland (1)
AmericasUnited States (47)
Brazil (1)Canada (2)Mexico (2)
Asia-PacificAustralia (2)
China (4)India (1) Indonesia (1)
Japan (1)Singapore (1)
Over 80 Locations In 18 Nations Around The World
6 Goodrich Proprietary
A Broad Product Portfolio – Commercial Aircraft
7 Goodrich Proprietary
A Broad Product Portfolio – Helicopters
8 Goodrich Proprietary
A Broad Product Portfolio – Military Aircraft
9 Goodrich Proprietary
Goodrich Strategy
Strategy Execution is Delivering Sustained Results
Operational Excellence
Leverage the Enterprise
Balanced Growth
Results:Growth
Profitability
Cash Flow
Cycle Protection
Results:Cost Reduction
Technology Leadership
Market Access
Overhead Efficiency
Results:Quality & Delivery
Execution
Sustainable Cost
Reduction
• Military / Commercial
• OE / Aftermarket
• Products / Services
Capture Full Value From Large, Focused, Integrated Aerospace & Defense Company
Processes That Drive Results That Are
Important To Customers
10 Goodrich Proprietary
Goodrich Culture
11 Goodrich Proprietary
2010 Sales by Market ChannelTotal Sales $7 Billion
Other: 4%
TOTAL COMMERCIAL OE: 33%
TOTAL COMMERCIAL OE: 33%
Boeing Commercial OE: 10%
Airbus Commercial OE: 17%
Regional, Business & General Aviation OE: 6%
Large Commercial AircraftAftermarket: 25%
TOTAL COMMERCIAL AFTERMARKET: 31%TOTAL COMMERCIAL AFTERMARKET: 31%
TOTAL DEFENSE & SPACE: 32%
TOTAL DEFENSE & SPACE: 32%
Defense & Space, OE & Aftermarket:
32%
Regional, Business & General Aviation Aftermarket: 6%
OE
AM
Balanced Business Mix; Aftermarket Represents ~44% Of Total Sales
12 Goodrich Proprietary
Market Drivers and Goodrich Positioning
Production rates increasing New aircraft entering service
Fuel driving airline profitability Load factors at high levels Fleet growing (net of
retirements) High demand for new
generation aircraft Airline consolidation
Flattish budget Decreasing war funding Significant spend on ISR,
helicopters, JSF, precision guided munitions
Market Drivers Goodrich Positioning Strong content on in-
production aircraft Greater content on in-
development aircraft
Aftermarket sales improvement Limited exposure to old
generation aircraft Fleet growth and age positions
Goodrich well for significant aftermarket growth
Growth platforms match funded DoD priorities
Bolt on acquisitions add scale Sales growth sustainable
Commercial OE
Commercial Aftermarket
Defense & Space
All Major End Markets Improving
13 Goodrich Proprietary
Significant Content On New Aircraft Programs
Boeing 787Lockheed-Martin F-35
Significant Positions on Major New Aircraft Programs
*Through Goodrich’s joint venture with Rolls-Royce, Aero Engine Controls
Landing gear system Anti-icing & ice detection systems Weapons bay door drive system Fuel quantity gauging components Utility actuators Lift-Fan® drive shaft and couplings Lift-Fan® clutch material
(STOVL version) SmartProbe® and SmartPort® air data sensing
technology
Nacelles and thrust reversers Wheels and electric braking system Engine control system* Sensor systems Lighting systems Cargo system Cabin attendant seats
14 Goodrich Proprietary
Goodrich Defense & Space Sales
UAVs
Marine
Missiles and Precision Weapons
Ground Vehicle Systems
Space Systems/Vehicles
2010 SALES$2.2B
Payloads~40% of Sales
Platforms~60% of Sales
Transport & SpecialMission A/C
Rotary Wing
Tactical Jets
ISR, Classified and other
Strong Position In PlatformsPayload Area Offers
Strong Growth
15 Goodrich Proprietary
Emerging Growth OpportunitiesTechnology and Innovation
Goodrich consistently invests in new, leading-edge technologies with promise in the aerospace and defense sector: Green technologies
More electric technologies
Nanotechnology
Robust wireless communication systems and sensing technologies
Advanced precision guided weapon technologies
Electric brakes 787 Electric Brake
Nanotechnology For Advanced Structures
Innovative Wireless Technologies
Phoenix Electronic Systems Center
Six Degree Of Freedom Inertial Measurement Unit
Breakthrough Technologies for Next Generation Products
16 Goodrich Proprietary
Strategic Business Units (SBUs)
Landing Gear
Aircraft Wheels and Brakes
Actuation Systems
Engine Components
Aerostructures
Interiors
Sensors and Integrated Systems
Engine Control and Electrical Power Systems
Marshall LarsenChairman, President and Chief Executive Officer
Intelligence, Surveillance & Reconnaissance Systems
Customer ServicesPaul Snyder
Goodrich – Global Headquarters – Charlotte, NC
Goodrich Customer Services – Global Headquarters – Monroe, NC
Actuation and Landing Systems
Jack CarmolaSegment President
Nacelles and Interior Systems
Cindy EgnotovichSegment President
Electronic SystemsCurtis Reusser
Segment President
17 Goodrich Proprietary
Landing Gear
Landing Gear Systems
Aircraft Wheels & Brakes
Wheels and Braking Systems
Actuation SystemsPrimary & Secondary Flight
Controls and Nacelle Actuation
Engine Components
Fuel Nozzle ComponentsBlades & Vanes
SBU & Products MarketPosition
2010 Sales = $2.5B
#1 / #2
#1 / #2
#1
#1 / #2
Actuation and Landing Systems Segment SBUs
18 Goodrich Proprietary
Sensors & Integrated Systems
Air Data & Engine SensorsDe-Icing Products
Fuel Management Systems
Engine Controls & Electrical Power Systems
Intelligence, Surveillance & Reconnaissance Systems
SBU & Products MarketPosition
2010 Sales = $2.1B
#1
#2
#1 / #2
Electronic Systems Segment SBUs
19 Goodrich Proprietary
Aerostructures
Nacelle Structures & Thrust Reverser Systems
Interiors
Evacuation Slides
Cargo Systems
Lighting Systems
Seating Systems
Cabin Systems
SBU & Products MarketPosition
2010 Sales = $2.4B
#1
#2
#1
#2
#1
#1
Nacelles and Interior Systems Segment SBUs
20 Goodrich Proprietary
Customer Services SBU
Enhanced & Simplified Customer Interface
Flexible, Multi-Product Contracting Options
Best-In-Class Component MRO Services
Global Asset & Repair Management Services
Customer Support
Management
EnterpriseBusiness
Development
Global MROCampus Network
Global Asset&
RepairManagement
CustomerFacingTools
Web Based Customer Tools
Enterprise AftermarketOperational Shared Service
21 Goodrich Proprietary
Monroe, USACustomer Services HQ
Xiamen, China
Singapore
Sydney, Australia
Dubai, UAE
MRO Campus Characteristics Multiple product capabilities Strategic geographic locations Lean MRO processes and
standards Stronger on-site technical capability Improved logistics/material
management systems
Customer Services Global MRO Campus Network
Paris, France
22 Goodrich Proprietary
Summary
Leading global aerospace and defense supplier
Broad product portfolio
Strong focus on operational excellence
Team-focused culture and highest standards of ethics and integrity
Balanced business mix
Significant positions on new commercial and military aircraft
New technology on modern fleets driving growth
Goodrich Uniquely Positioned For Long Term Growth
23 Goodrich Proprietary
Questions?