Bombardier* Selects Goodrich Next Generation SmartProbe Air Data System for Learjet 85* aircraft

Latest SmartProbe™ system, a first for Learjet* aircraft, is expected to generate more than $75 million in revenue
On Monday June 29, 2009, 3:59 pm EDT
Goodrich corp.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Goodrich Corporation (NYSE: GR - News) has been selected by Bombardier to provide its next generation SmartProbe™ air data system for the Learjet 85 midsize business jet. The selection marks the first application of Goodrich’s SmartProbe air data system on a Learjet aircraft. Work will be performed by Goodrich’s Sensors and Integrated Systems team in Burnsville, Minn.
The next generation SmartProbe system provides all critical air data parameters - including stall protection - to the aircraft’s flight control, pilot display and other systems. SmartProbe air data sensing technology integrates multi-function sensing probes, pressure sensors and air data computer processing. Elimination of pneumatic lines reduces system cost, weight and complexity. Full integration improves system reliability, maintainability and performance. The flexibility and versatility of the next generation SmartProbe system makes it suitable for traditional to fully fly-by-wire flight control applications.
“Selection of our SmartProbe system, a first at Learjet, broadens our business opportunities with Bombardier and strengthens our market leadership in air data systems for next generation aircraft,” said Jan Mathiesen, vice president, Goodrich Sensors and Integrated Systems. “The system brings outstanding value and performance to the Learjet 85 as this exciting new platform joins a long list of successful aircraft using SmartProbe technology.”
The new Learjet 85 aircraft will be the first Bombardier business jet to feature an all-composite structure, allowing Learjet designers to maximize cabin comfort while minimizing drag and improving performance. Designed to provide a larger, more comfortable cabin than any existing midsize aircraft, the Learjet 85 jet will offer eight passengers a stand-up cabin built to ensure superior productivity and comfort. Entry into service is on schedule for 2013.
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.
*Learjet, Learjet 85 and Bombardier are either registered or unregistered trademarks of Bombardier Inc. or its subsidiaries
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.
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