2000 HIGHLIGHTS

• Operating income increased 6 percent to $592 million as margins increased to a record 16.1 percent.
  
  
• Seven complementary acquisitions, plus others made in 1999, are expected to add $330 million in 2001 sales, most notably in space flight and ejection seat systems.
  
  
• Innovative new products, such as IceHawk™ ice detection systems, next generation evacuation slides, SmartDeck™ avionics suites, and SmartBelt™ inflatable restraint systems were launched.
  
  
• New contracts and programs announced in 2000 in landing systems, aerostructures, and engine safety and electronic systems could generate approximately $2 billion in future business.
  
  
• New strategic partnerships for aircraft maintenance were signed with Boeing, Rockwell Collins and others.
  
  
• The company joined MyAircraft, the leading e-commerce aerospace site, as a participant and equity investor.