Goodrich Signs Expanded Service Agreement With Continental Airlines

July 15, 2008
Company will perform landing gear overhauls on the airline's Boeing fleet for the next five years.

Goodrich Corp., a global supplier of systems and services to the aerospace and defense industry, yesterday announced an expanded landing gear overhaul service agreement with Continental Airlines to cover virtually every model in the airline's Boeing aircraft fleet. The expanded portion of the agreement is expected to generate $49 million in revenue over five years.

Under the contract amendment, Goodrich will perform overhaul services for landing gear on Continental's Boeing 737-700/800/900, 767 and 777 aircraft, in addition to the Boeing 757-200 and 737 Classic models already under service agreement to Goodrich. Work will be performed by the Goodrich Landing Gear team in Opa-Locka, Fla. just outside Miami.

Mike Brand, president, Landing Gear at Goodrich, said, "This new agreement is evidence of the positive, long-standing relationship we share with Continental Airlines. We look forward to providing them with exceptional quality, delivery and service for years to come."

Goodrich is the original equipment manufacturer of landing gear on virtually every Boeing airliner in service today including the 707, 727, 737, 747, 757, 767 and 777 families of aircraft.

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