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Fourteenth Annual Credit Suisse Aerospace
and Defense Conference



Marshall Larsen
Chairman, President and CEO
November 19, 2008
Forward Looking Statements


    Certain statements made in this presentation 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. 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 new and existing products, such as the Airbus A350 XWB and A380,
    the Boeing 787 Dreamliner, the Embraer 190, the Dassault Falcon 7X, and the Lockheed Martin F-
    35 Lightning II and F-22 Raptor; the health of the commercial aerospace industry, including the
    impact of bankruptcies and/or mergers in the airline industry; global demand for aircraft spare
    parts and aftermarket services; and other factors discussed in the Company's filings with the
    Securities and Exchange Commission and in the Company's October 23, 2008 Third Quarter 2008
    Results press release.

    The Company cautions you not to place undue reliance on the forward-looking statements
    contained in this presentation, 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.


2
Company Overview - Goodrich
                                             Results
GR Portfolio Attributes
                                                More predictable revenue
    Proprietary products
                                                and income growth
    Non-discretionary repair/
                                                Sustainable leadership
    replacement cycles
                                                positions
    Large installed base drives
                                                Diverse product portfolio and
    aftermarket sales
                                                balanced customer base
    Participation on every large
                                                Sustainable EPS and cash
    commercial and regional jet platform
                                                flow growth
    Significant defense & space presence




3
Goodrich
                                                    Strategic Imperatives


                              Top Quartile
                           Financial Returns




                               Conclusion
                              Leverage the                Operational
    Balanced Growth
                               Enterprise                 Excellence




            Our strategy has delivered consistent, positive results
4
Delivering Sustained Sales Growth
                                                                              and Margin Expansion
                              Sales
 $M                                                                       Segment Operating Income Margins
                      (Trailing Four Qtrs.)
                                                                                (Trailing Four Qtrs.)
7,500
                                                                18.0%

7,000
                                                                16.0%

6,500
                                                                14.0%

6,000
                                                                12.0%

5,500                                                           10.0%

5,000                                                           8.0%

4,500                                                           6.0%

4,000                                                           4.0%


3,500                                                           2.0%


                                                                0.0%
3,000
         Q4     Q2     Q4     Q2     Q4     Q2     Q4     Q2             Q4     Q2     Q4     Q2     Q4     Q2     Q4     2Q
        2004   2005   2005   2006   2006   2007   2007   2008           2004   2005   2005   2006   2006   2007   2007   2008




 5
Liquidity Position
                                                                          As of September 30, 2008

$M             Current Liquidity Position

                                                                    Cash on hand sufficient to repay
$800
                                                                    all 2009 maturities of long-term
$700                                                                debt and borrowings under the
                                                                    committed revolver
$600
                                                                    No other material long-term debt
                                                                    due until 2012
                                               Committed
$500                                            Revolver
                                                                    Strong corporate bond ratings
$400                                                                   S&P        BBB+     Stable
                                                                       Moody’s    Baa2     Stable
$300
                                                                       Fitch      BBB+     Stable
               Letters of Credit
                                                                    Excellent Net Debt/EBITDA ratio
                   Current
$200              Maturities
                                                Cash and
                                                                       Approximately 1.0, based on
                of Long-term
                                                  Cash
                     Debt
                                                                       Consensus 2008 EBITDA
                                               Equivalents
$100
                 Short-term                                            estimates
                   Debt
     $0
          ST + Curr. Maturities of LT   Cash + Committed Revolver
            Debt, Letters of Credit
6
First Nine Months 2008 Sales by Market Channel
                                                Total Sales $5.367 Billion
                                                                    Total Commercial OE
                                        Other
    Total Defense and
                                         6%
                                                                            33%
          Space
                                                     Boeing
           25%                                    Commercial OE
                                                      10%

         Defense &
                                                                         Airbus
        Space, OE &
                                                                      Commercial OE
        Aftermarket
                                                                          15%
            25%
                                   OE



                             AM                                                Regional,
                                                                            Business & Gen.
                                                                                Av. OE
                                                                                  8%
                                   Large Commercial Aircraft
                                         Aftermarket
                                             29%
       Regional, Business &
    General Aviation Aftermarket
                7%
                                                                  Total Commercial
                                                                     Aftermarket
                                                                         36%
      Balanced business mix; aftermarket represents 45% of total sales
7
2008 and 2009 Sales Expectations
                                                                  By Market Channel

    Full Year 2007                                2007 Goodrich   2008 Goodrich   2009 Goodrich
                                                  Actual Growth     Expected        Expected
      Sales Mix                 Market
                                                                     Growth          Growth

        10%          Boeing OE Del.
        15%          Airbus OE Del.                    8%           ~5 - 10%*        ~20%*
        25%           Total (GR Weight)


         8%          Regional/Bus/GA OE               20%             ~20%           7 – 8%
                     (Weighted)


        36%          Aftermarket (Commercial/         16%           ~9 - 11%         4 – 7%
                     Regional/Bus/GA)



        25%          Defense and Space OE and          7%             ~11%           5 – 7%
                     Aftermarket




         6%          Other                            14%             ~14%           2 – 5%

        100%         Total                            12%             ~11%           8 – 10%


         * Dependent on impact of Boeing Strike
8
2009 Outlook
                                                                        P&L Summary

                                         Estimate        Estimate
                                           2008            2009               B/(W)
    Sales                                 ~$7.1B        $7.7 - $7.8B        +8 - 10%

    EPS (Diluted)

      - Continuing Operations           $4.84 - $4.94   $5.05 - $5.25        +2 - 8%

      - Reported                        $4.90 - $5.00   $5.05 - $5.25        +1 - 7%

    Net cash provided by operating
    activities, minus capital
    expenditures, as a percent of net      ~65%            >75%                N/A
    income


    Capital Expenditures                $275 - $325M    $275 - $300M       $25 - ($25)M
    Effective Tax Rate                  ~32% – 33%         ~33%                N/A


                     Expect Continued Sales and EPS growth in 2009
9
Commercial Aerospace Environment




10
Fuel Price and GDP Growth
                                                                                          Historical and Forecast
                           Oil Price                                                Economic Growth Forecasts
                    (2003 to Oct. 15, 2008)                                              (2006 to 2011)
     $/bbl                                                               Real GDP


                                                                                                                 Emerg. Asia



                                                                                                                 Mideast
                                                                                                                 GLOBAL
                                                                                                                 South Am.
                                                                                                                 Dev. Asia
                                                                                                                 North Am.
                                                                                                                 Europe



       2003      2004      2005     2006      2007     2008

      Oil prices increased up to four-fold since                            The global economy is slowing
      2003 but have since retreated                                         Emerging markets continue to grow faster
      This spike contributed to airline operating                           than the developed economies
      costs rising by ~25%1                                                 Thus economic conditions are expected
      A weaker dollar has provided temporary                                to affect the industry differently by region
      relief to non-US carriers
              Note: 1Based on reported Q2 2008 results
11
              Source: Seabury Aerospace, Bloomberg (oil prices); IMF WEO October 2008 (GDP),
Global Passenger Capacity
                                                                                            Year-over-Year Growth

     Year-over-Year Change in Available-Seat-Miles (ASMs)1

                Economic                        Economic                                           Economic
                recovery                        recovery                                           recovery




                                                                                                              Gulf War II
                                                                                                              and SARS
                                                                                                               outbreak



                                                         Gulf War I and                   9/11 and 2002
              1981 recession
                                                         1991 recession                     recession
               and oil spike

       Airline capacity is highly correlated with economic growth
       Global capacity has grown an average 4-5% over the past 30 years
       During that period, global capacity has only contracted three times – a slight decline
       during the 1981 & 1991 recessions and a larger decline after 9/11
       Periods of contraction have been quickly followed by above-trend growth
            Note: 1US market used as proxy for world 1980-1990; global data used for 1991-2008
12
            Source: Seabury Aerospace, Airline Monitor
Global Passenger Capacity
                                                                                  2007-2009 Growth
     Year-over-year change in Available-Seat-Miles (ASMs)


            8%

            6%
                                                             Full Year
            4%                                                 2008



            2%                                                                                  Q4
                                                                                               2009
                                                                          Q1     Q2     Q3            Full Year
                                                                         2009   2009   2009             2009
            0%                               Q3
                           Q1       Q2
                                            2008
                          2008     2008                Q4
                                                      2008
           ‐2%
                                       2008F vs. 2007                             2009F vs. 2008F
           ‐4%
       For most of 2008, capacity was increasing near historical average
       Rising fuel prices drove airlines to cut capacity in the backend of 2008
       Impact of capacity cuts are expected to be fully felt in 2009 as carriers maintain implemented cuts due
       to operational constraints and concerns about slowing demand
            Note: Scheduled passenger capacity only
13
            Source: Seabury Aerospace
Expected Aircraft Retirements
                                                                                                           2008-2009

     Aircraft1
                          943

                                                                                              773




                                                                                                         170




             As a result, airlines continue to ground aircraft
             Almost all announced and implemented capacity cuts have been old-gen aircraft
             MD80/90, DC9, and 737-300 aircraft continue to be attractive to replace at lower oil prices
             Despite the decline in oil prices, airlines have reaffirmed many of their retirement plans

           1Expected retirements from Nov. 2008 to end of Nov. 2009
           Note: Scheduled passenger aircraft only; excludes potential for later return-to-service
14
           Source: Seabury Aerospace, Announced capacity cuts
Capacity By Region
                                                                                              2007-2009 Growth
       Year-over-Year change in Available-Seat-Miles (ASMs)

         10%
                                                                                                  2008F vs. 2007
                                                                                                  2009F vs. 2008F

          6%


          2%


                   North          Europe        Dev. Asia        Emerg.     Mideast &    South            World
         ‐2%
                  America                                         Asia       Africa     America

         ‐6%

     % of total
                     31%             25%            15%             15%        10%         4%               100%
     capacity1

      Capacity cuts have been most dramatic and urgent in North America
      Europe and Developed Asia have started to reverse previous growth
      Emerging Asia and Middle East continue to grow, albeit much more slowly

            Note: Scheduled passenger capacity only; 1Based on 2009 split
15
            Source: Seabury Aerospace
Large Commercial Aircraft
                                                  Estimated Capacity Growth from 2008 to 2009
               In-Production                      Slowing or Recently                            Long Out-of-Production
                                                   Out-of-Production
 Year-over-Year change in
 Available-Seat-Miles (ASMs)




                                                                                                                             (After '08/'09 retirements)
                         60%                                         27%                                              13%

% of total
             20%    16%      15%      9%             9%        7%        6%         5%           6%         3%         1%         1%            2%
capacity1

        In-production aircraft are not targeted for grounding to achieve desired capacity cuts
        In-production aircraft utilization rates have not dropped and are unlikely to fall
        2009 production rates have only been slightly adjusted by OEMs2
        Therefore, in-production ASMs are expected to continue to grow and gain share of global capacity
       Note: Scheduled passenger capacity excluding regional jets; 1Based on 2009 daily average excluding A380 and 787 which remain small share;
       2Excludes impact of continued Boeing strike
16
       Source: Seabury Aerospace
Large Commercial Aircraft
                                                                           Fleet Demographics vs.
                                                                        Goodrich Aftermarket Sales


     In Service Fleet Demographics                                    Goodrich Aftermarket Sales
                 (1/1/08)                                               Distribution (Est. 2008)


                                                                                             In
               In                                                                        Production
           Production                                                                       80%
                         Long Out-of-    Long O
              60%                               ut-of-P
                          Production                   ro
                                        707
                                               727 7 duction
                                                       4
                                        A310
                                              DC8 D 7C 737C
                             31%
                                                      C9 DC
                                        MD80                           Long Out-of-
                                              L1011         10
                                                                      Production 8%

                                                                                 4%
                                             Long Out-of-Production
                                               (Less Vulnerable)
                               2%                MD11 MD90
                  Recently
                                                                         Recently Out-
                   Out-of-
                                                                         of-Production
                 Production                                                   8%
                    7%



      Goodrich currently expects commercial aftermarket sales to grow 4 – 7 percent in
                                  2009, compared to 2008
17
A320 Deliveries and Installed Base
Delivered Units                                                                                          Installed Base
     450                                                                                                          6000
                                      Actual                                                 Estimated
     400
                                            Installed
                                                                                                                  5000
                                         base/deliveries
     350                                subject to major
                                        overhaul in 2008

     300                                                                                                          4000

     250
               Installed                                                                                          3000
            base/deliveries
     200   subject to major
           overhaul in 2001

     150                                                                                                          2000

     100
                                                                                                                  1000
      50

       0                                                                                                          0
           1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

                                      A320 Family Deliveries    A320 Family Installed Base


                       2002 – 2003 aftermarket sales based on installed base as of 1995,
                 2008 and on sales based on deliveries and installed base in 2001 and beyond
18
Large Commercial Airplane Delivery Forecast
             1,200
                                                 Potential Impact
                                                 of Boeing Strike
             1,000


              800
     Units




              600


              400


              200


                0
                     2002   2003   2004   2005   2006   2007        2008   2009   2010   2011   2012   2013

                                                 Actuals    Goodrich outlook
         OEMs have only slightly adjusted production growth rates, and are maintaining discipline
         in managing the downturn
         Record backlogs also afford flexibility, with some airlines seeking earlier delivery slots
         while others look to defer
         Demand remains high in Middle East and China (and strongest European and American
19
         carriers)
Defense & Space Market

     Focused pursuit of Military Market is key to our
     Balanced Growth Strategy
     We have significant opportunities for growth
     within a flat Military spending environment
     Spending in Goodrich related accounts is robust
        ISR Investment
        Helicopters
        Aftermarket




20
Goodrich Defense & Space Sales

                                       2007 SALES
         Platforms                                                                 Payloads
                                          $1.6B



             Tactical Jets




                                                           $0.4
                                   $1.2B                                         ISR, Classified and other
                                                           27%
                                    73%
     Transport & Special
        Mission A/C
                                                                             Security Systems

                                                                           Space Systems
                                                                        Ground Vehicle Systems

                                                                  Missiles and Precision Weapons
                                            UAVs
                                             Marine
                  Rotary Wing
                                          Space Vehicles

              •    Excellent balance among platform types and payloads
              •    Not dependent on any one platform or program
21
The Value Proposition for Goodrich


     Leadership positions and growing market share
        Leads to sustainable growth in high margin aftermarket
     Above market organic growth in sales
        Original equipment - increased share on new programs
        Aftermarket – growing content, worldwide MRO footprint
        Military – F-35 (JSF), ISR and helicopter platforms
     Aftermarket sales expected to continue to grow faster than
     market metric due to favorable platform positions
     Cash flow improving and expected to be robust over the cycle
     Demonstrated ability to execute



      Goodrich is uniquely positioned for sales, earnings and cash flow
                                   growth
22

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goodrich CSFB_11.08

  • 1. Fourteenth Annual Credit Suisse Aerospace and Defense Conference Marshall Larsen Chairman, President and CEO November 19, 2008
  • 2. Forward Looking Statements Certain statements made in this presentation 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. 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 new and existing products, such as the Airbus A350 XWB and A380, the Boeing 787 Dreamliner, the Embraer 190, the Dassault Falcon 7X, and the Lockheed Martin F- 35 Lightning II and F-22 Raptor; the health of the commercial aerospace industry, including the impact of bankruptcies and/or mergers in the airline industry; global demand for aircraft spare parts and aftermarket services; and other factors discussed in the Company's filings with the Securities and Exchange Commission and in the Company's October 23, 2008 Third Quarter 2008 Results press release. The Company cautions you not to place undue reliance on the forward-looking statements contained in this presentation, 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. 2
  • 3. Company Overview - Goodrich Results GR Portfolio Attributes More predictable revenue Proprietary products and income growth Non-discretionary repair/ Sustainable leadership replacement cycles positions Large installed base drives Diverse product portfolio and aftermarket sales balanced customer base Participation on every large Sustainable EPS and cash commercial and regional jet platform flow growth Significant defense & space presence 3
  • 4. Goodrich Strategic Imperatives Top Quartile Financial Returns Conclusion Leverage the Operational Balanced Growth Enterprise Excellence Our strategy has delivered consistent, positive results 4
  • 5. Delivering Sustained Sales Growth and Margin Expansion Sales $M Segment Operating Income Margins (Trailing Four Qtrs.) (Trailing Four Qtrs.) 7,500 18.0% 7,000 16.0% 6,500 14.0% 6,000 12.0% 5,500 10.0% 5,000 8.0% 4,500 6.0% 4,000 4.0% 3,500 2.0% 0.0% 3,000 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2 Q4 Q2 Q4 2Q 2004 2005 2005 2006 2006 2007 2007 2008 2004 2005 2005 2006 2006 2007 2007 2008 5
  • 6. Liquidity Position As of September 30, 2008 $M Current Liquidity Position Cash on hand sufficient to repay $800 all 2009 maturities of long-term $700 debt and borrowings under the committed revolver $600 No other material long-term debt due until 2012 Committed $500 Revolver Strong corporate bond ratings $400 S&P BBB+ Stable Moody’s Baa2 Stable $300 Fitch BBB+ Stable Letters of Credit Excellent Net Debt/EBITDA ratio Current $200 Maturities Cash and Approximately 1.0, based on of Long-term Cash Debt Consensus 2008 EBITDA Equivalents $100 Short-term estimates Debt $0 ST + Curr. Maturities of LT Cash + Committed Revolver Debt, Letters of Credit 6
  • 7. First Nine Months 2008 Sales by Market Channel Total Sales $5.367 Billion Total Commercial OE Other Total Defense and 6% 33% Space Boeing 25% Commercial OE 10% Defense & Airbus Space, OE & Commercial OE Aftermarket 15% 25% OE AM Regional, Business & Gen. Av. OE 8% Large Commercial Aircraft Aftermarket 29% Regional, Business & General Aviation Aftermarket 7% Total Commercial Aftermarket 36% Balanced business mix; aftermarket represents 45% of total sales 7
  • 8. 2008 and 2009 Sales Expectations By Market Channel Full Year 2007 2007 Goodrich 2008 Goodrich 2009 Goodrich Actual Growth Expected Expected Sales Mix Market Growth Growth 10% Boeing OE Del. 15% Airbus OE Del. 8% ~5 - 10%* ~20%* 25% Total (GR Weight) 8% Regional/Bus/GA OE 20% ~20% 7 – 8% (Weighted) 36% Aftermarket (Commercial/ 16% ~9 - 11% 4 – 7% Regional/Bus/GA) 25% Defense and Space OE and 7% ~11% 5 – 7% Aftermarket 6% Other 14% ~14% 2 – 5% 100% Total 12% ~11% 8 – 10% * Dependent on impact of Boeing Strike 8
  • 9. 2009 Outlook P&L Summary Estimate Estimate 2008 2009 B/(W) Sales ~$7.1B $7.7 - $7.8B +8 - 10% EPS (Diluted) - Continuing Operations $4.84 - $4.94 $5.05 - $5.25 +2 - 8% - Reported $4.90 - $5.00 $5.05 - $5.25 +1 - 7% Net cash provided by operating activities, minus capital expenditures, as a percent of net ~65% >75% N/A income Capital Expenditures $275 - $325M $275 - $300M $25 - ($25)M Effective Tax Rate ~32% – 33% ~33% N/A Expect Continued Sales and EPS growth in 2009 9
  • 11. Fuel Price and GDP Growth Historical and Forecast Oil Price Economic Growth Forecasts (2003 to Oct. 15, 2008) (2006 to 2011) $/bbl Real GDP Emerg. Asia Mideast GLOBAL South Am. Dev. Asia North Am. Europe 2003 2004 2005 2006 2007 2008 Oil prices increased up to four-fold since The global economy is slowing 2003 but have since retreated Emerging markets continue to grow faster This spike contributed to airline operating than the developed economies costs rising by ~25%1 Thus economic conditions are expected A weaker dollar has provided temporary to affect the industry differently by region relief to non-US carriers Note: 1Based on reported Q2 2008 results 11 Source: Seabury Aerospace, Bloomberg (oil prices); IMF WEO October 2008 (GDP),
  • 12. Global Passenger Capacity Year-over-Year Growth Year-over-Year Change in Available-Seat-Miles (ASMs)1 Economic Economic Economic recovery recovery recovery Gulf War II and SARS outbreak Gulf War I and 9/11 and 2002 1981 recession 1991 recession recession and oil spike Airline capacity is highly correlated with economic growth Global capacity has grown an average 4-5% over the past 30 years During that period, global capacity has only contracted three times – a slight decline during the 1981 & 1991 recessions and a larger decline after 9/11 Periods of contraction have been quickly followed by above-trend growth Note: 1US market used as proxy for world 1980-1990; global data used for 1991-2008 12 Source: Seabury Aerospace, Airline Monitor
  • 13. Global Passenger Capacity 2007-2009 Growth Year-over-year change in Available-Seat-Miles (ASMs) 8% 6% Full Year 4% 2008 2% Q4 2009 Q1 Q2 Q3 Full Year 2009 2009 2009 2009 0% Q3 Q1 Q2 2008 2008 2008 Q4 2008 ‐2% 2008F vs. 2007 2009F vs. 2008F ‐4% For most of 2008, capacity was increasing near historical average Rising fuel prices drove airlines to cut capacity in the backend of 2008 Impact of capacity cuts are expected to be fully felt in 2009 as carriers maintain implemented cuts due to operational constraints and concerns about slowing demand Note: Scheduled passenger capacity only 13 Source: Seabury Aerospace
  • 14. Expected Aircraft Retirements 2008-2009 Aircraft1 943 773 170 As a result, airlines continue to ground aircraft Almost all announced and implemented capacity cuts have been old-gen aircraft MD80/90, DC9, and 737-300 aircraft continue to be attractive to replace at lower oil prices Despite the decline in oil prices, airlines have reaffirmed many of their retirement plans 1Expected retirements from Nov. 2008 to end of Nov. 2009 Note: Scheduled passenger aircraft only; excludes potential for later return-to-service 14 Source: Seabury Aerospace, Announced capacity cuts
  • 15. Capacity By Region 2007-2009 Growth Year-over-Year change in Available-Seat-Miles (ASMs) 10% 2008F vs. 2007 2009F vs. 2008F 6% 2% North Europe Dev. Asia Emerg. Mideast & South World ‐2% America Asia Africa America ‐6% % of total 31% 25% 15% 15% 10% 4% 100% capacity1 Capacity cuts have been most dramatic and urgent in North America Europe and Developed Asia have started to reverse previous growth Emerging Asia and Middle East continue to grow, albeit much more slowly Note: Scheduled passenger capacity only; 1Based on 2009 split 15 Source: Seabury Aerospace
  • 16. Large Commercial Aircraft Estimated Capacity Growth from 2008 to 2009 In-Production Slowing or Recently Long Out-of-Production Out-of-Production Year-over-Year change in Available-Seat-Miles (ASMs) (After '08/'09 retirements) 60% 27% 13% % of total 20% 16% 15% 9% 9% 7% 6% 5% 6% 3% 1% 1% 2% capacity1 In-production aircraft are not targeted for grounding to achieve desired capacity cuts In-production aircraft utilization rates have not dropped and are unlikely to fall 2009 production rates have only been slightly adjusted by OEMs2 Therefore, in-production ASMs are expected to continue to grow and gain share of global capacity Note: Scheduled passenger capacity excluding regional jets; 1Based on 2009 daily average excluding A380 and 787 which remain small share; 2Excludes impact of continued Boeing strike 16 Source: Seabury Aerospace
  • 17. Large Commercial Aircraft Fleet Demographics vs. Goodrich Aftermarket Sales In Service Fleet Demographics Goodrich Aftermarket Sales (1/1/08) Distribution (Est. 2008) In In Production Production 80% Long Out-of- Long O 60% ut-of-P Production ro 707 727 7 duction 4 A310 DC8 D 7C 737C 31% C9 DC MD80 Long Out-of- L1011 10 Production 8% 4% Long Out-of-Production (Less Vulnerable) 2% MD11 MD90 Recently Recently Out- Out-of- of-Production Production 8% 7% Goodrich currently expects commercial aftermarket sales to grow 4 – 7 percent in 2009, compared to 2008 17
  • 18. A320 Deliveries and Installed Base Delivered Units Installed Base 450 6000 Actual Estimated 400 Installed 5000 base/deliveries 350 subject to major overhaul in 2008 300 4000 250 Installed 3000 base/deliveries 200 subject to major overhaul in 2001 150 2000 100 1000 50 0 0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 A320 Family Deliveries A320 Family Installed Base 2002 – 2003 aftermarket sales based on installed base as of 1995, 2008 and on sales based on deliveries and installed base in 2001 and beyond 18
  • 19. Large Commercial Airplane Delivery Forecast 1,200 Potential Impact of Boeing Strike 1,000 800 Units 600 400 200 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Actuals Goodrich outlook OEMs have only slightly adjusted production growth rates, and are maintaining discipline in managing the downturn Record backlogs also afford flexibility, with some airlines seeking earlier delivery slots while others look to defer Demand remains high in Middle East and China (and strongest European and American 19 carriers)
  • 20. Defense & Space Market Focused pursuit of Military Market is key to our Balanced Growth Strategy We have significant opportunities for growth within a flat Military spending environment Spending in Goodrich related accounts is robust ISR Investment Helicopters Aftermarket 20
  • 21. Goodrich Defense & Space Sales 2007 SALES Platforms Payloads $1.6B Tactical Jets $0.4 $1.2B ISR, Classified and other 27% 73% Transport & Special Mission A/C Security Systems Space Systems Ground Vehicle Systems Missiles and Precision Weapons UAVs Marine Rotary Wing Space Vehicles • Excellent balance among platform types and payloads • Not dependent on any one platform or program 21
  • 22. The Value Proposition for Goodrich Leadership positions and growing market share Leads to sustainable growth in high margin aftermarket Above market organic growth in sales Original equipment - increased share on new programs Aftermarket – growing content, worldwide MRO footprint Military – F-35 (JSF), ISR and helicopter platforms Aftermarket sales expected to continue to grow faster than market metric due to favorable platform positions Cash flow improving and expected to be robust over the cycle Demonstrated ability to execute Goodrich is uniquely positioned for sales, earnings and cash flow growth 22