An important part of our business is commercial transport, where there are only two major manufacturers of large aircraft – America’s Boeing and Europe’s Airbus. Fortunately, Goodrich is one of the largest suppliers to both of these leaders. Boeing accounts for 18 percent of our sales, and Airbus accounts for 13 percent – a position that will grow with last year’s A380 product wins. To further insulate the company from inevitable swings in production rates, Goodrich has built a strong commercial aircraft aftermarket, now making up 25 percent of sales. The two market segments provide important balance because they run on different cycles.

Varied market channels cushion revenues To further balance our business mix, approximately 44 percent of revenues are from non-commercial transport sectors, each of which reacts to unique growth factors, including the expanding regional, business and general aviation market, heavy airframe maintenance, and military, space, industrial gas turbines and other markets – businesses that are expected to have continued growth through 2002 and beyond.

By building a balanced, strategic business portfolio, Goodrich has become one of the most admired, diverse and best-performing aerospace companies in the world. Underscoring our ability to grow profitably on a sustained basis are our mix of products, markets and customers, the balance we have achieved between original equipment and aftermarket, and the exciting opportunities we have in business and regional aircraft, safety systems and subsystems for spacecraft and satellites.