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Goodrich Launches New ‘ISR Systems’ Business Unit

February 18, 2008

New organization to focus on intelligence, surveillance, and reconnaissance systems, structured to leverage advanced technology.

CHARLOTTE, NC /PRNewswire-FirstCall/ -- (Singapore Airshow)-- Goodrich (NYSE:GR) formally announced the creation of ISR (Intelligence, Surveillance and Reconnaissance) Systems, a new strategic business unit that encompasses the former Optical & Space Systems electro-optics units. Products produced by ISR Systems serve military and industrial markets and include long-range reconnaissance sensors, electro-optical technology for space deployment, laser warning systems and advanced miniature shortwave infrared vision technology.

Tom Bergeron, President, ISR Systems, said, "The creation of ISR Systems allows Goodrich to bring together its portfolio of advanced intelligence and reconnaissance products under one business. Customers will benefit from innovative technology that is leveraged across the operations, as well as enhanced business processes that make it easier to work with us. We are proud of our world-leading reputation and reliability, such as that seen in the applied engineering and mission critical systems of our space operations at Albuquerque and Ithaca. Our strong position in the ISR market represents the finest technical skills today combined with a proud heritage that reaches back more than half a century."

ISR Systems is part of Goodrich's Electronic Systems segment. Headquartered in Chelmsford, Mass., the unit has locations in Danbury, CT, Princeton, NJ, Albuquerque, NM, Ithaca, NY, and Malvern (UK).

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.

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.

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