• Selection is expected to generate $300 million in revenue over life of the program

Goodrich Corporation has been selected by Lockheed Martin to supply the air data system (ADS) for the F-35 Lightning II program.  Initial work includes the System Development and Demonstration (SDD) and Low Rate Initial Production 1 and 2 phases of the program.  SDD is expected to be completed in the first quarter of 2009, with ADS production deliveries also commencing in the first quarter of 2009.  The ADS program has the potential of generating $300 million in revenue over the life of the program.

The ADS is designed, developed and produced by Goodrich’s Sensors and Integrated Systems team in Burnsville, Minn., and provides all critical air data parameters to the vehicle management computers for the aircraft’s flight control and pilot display systems.  Its SmartProbe™ and SmartPort® air data sensing technology allows integration of multi-function sensing ports, pressure sensors and processing capability through the elimination of pneumatic lines.  The total number of discrete product installations is reduced, overall weight is decreased, and reliability and maintainability are significantly improved.   Commonality of the ADS for all F-35 variants will simplify logistics support and reduce overall life cycle costs.

“This award solidifies Goodrich’s ‘Smart’ air data technology as the preferred architecture for next generation aircraft and modernization programs,” said Jan Mathiesen, Vice President, Goodrich Sensors and Integrated Systems.  “We are proud to have the F-35 Lightning II join leading military and commercial aircraft using this technology, including the Lockheed Martin F 22 Raptor, Boeing C 130 AMP, Airbus A380, Dassault Falcon 7X, and Embraer 170/190 and Phenom programs.”

Goodrich’s content on the F-35, expected to be valued at more than $3 million per aircraft, includes landing gear, weapons bay door systems, engine and fuel quantity sensors, actuation systems and unique short takeoff/vertical landing (STOVL) engine and airframe components.  Production takes place at company facilities in Australia, Canada, the UK and the U.S.

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 F-35 Lightning II; the actual amount of product purchased by Lockheed Martin under the contract; and potential cancellation of orders. 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, 2007.

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.