- Goodrich provides an outlook for 2006 with sales expected between $5.6-5.7 billion and EPS expected between $2.25-2.45 per share excluding certain tax settlements. - Cash flow from operations is expected to be $100-150 million after capital expenditures of $240-260 million. An additional $90 million in cash is expected from the sale of Turbomachinery Products. - Strong sales and margin growth is expected to continue, with the goal of achieving mid-teens segment operating margins by 2009-2010 through operational excellence and volume leverage on new programs.

1. Marshall Larsen
Chairman, President and CEO
Merrill Lynch
8th Annual Global Industries
Conference
May 9, 2006
1

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 and A380, the
Boeing 787 Dreamliner, the Embraer 190, and the Lockheed Martin F-35 JSF and
F-22 Raptor; the health of the commercial aerospace industry, including the impact of
bankruptcies 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 April 27, 2006 First Quarter 2006 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. Goodrich Value Proposition and Key
Performance Drivers
3

4. Company Overview - Goodrich
GR Portfolio Attributes Results
More predictable revenue
Proprietary products
and income growth
Non-discretionary repair /
Significant margin
replacement cycles
potential
Large installed base drives
Sustainable leadership
aftermarket sales
positions
Participation on every large
No dependence on any
commercial and regional jet platform
single sub-market, product
Significant defense & space presence
or customer
4

5. The Value Proposition for Goodrich
2006 – 2010 Expectations
Great market positions
Good top line growth
Substantial margin improvement opportunity
Significant cash flow improvement expected in 2007
Sustainable income growth beyond the OE cycle
5

6. Goodrich – Key Market
Leadership Positions
Aerospace Focus - Leadership Positions - Global Presence - Broad Systems Capability - Highly Engineered Products
UTC SAFRAN HON Goodrich
2005 Aerospace Sales $16.5B $9.7B $10.5B $5.4B
Nacelles
Engines
Power Generation
Sensors
APUs
Avionics
Electronic Controls
Flight Ctrl/Actuation
Environmental Controls
Landing Gear
Lighting
Wheel/Brakes
Evacuation Systems
Cargo Systems
Space Systems
Goodrich has the broadest portfolio of system leadership positions;
with approximately 85% of sales in markets with #1 or #2 positions world-wide
6

7. First Quarter 2006 Sales by Market Channel
Total Sales $1,424M
Total Commercial OE
Other
Total Defense and
5%
35%
Space
Boeing
24% Commercial OE
9%
Airbus
Defense &
Commercial OE
Space, OE &
18%
Aftermarket
OE
24%
AM Regional,
Business & Gen.
Av. OE
8%
Large Commercial Aircraft
Aftermarket
27%
Heavy A/C
Maint.
3%
Regional, Business & Total Commercial Aftermarket
General Aviation Aftermarket
36%
6%
Balanced business mix
7

8. Top Line Growth -
Large Commercial OE Market
2005 orders at record levels –
many for deliveries beyond
800
2008
Airbus Boeing
Both manufacturers continue
Aircraft Deliveries
600
to increase production rates
and deliveries
400
Airbus fleet growing faster
than Boeing fleet
200
Sustained, steady growth will
benefit both suppliers and 0
manufacturers
2006 Est
2007 Est
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
Source: GR Estimates
Overall active fleet continues
to increase
Active Passenger Fleet – 2014 (Est.)
Active Passenger Fleet - 2005
Airbus
Airbus
37%
Boeing 24%
76% Boeing
63%
8

9. Top Line Growth -
Regional Jet Market
Expect decline in regional
aircraft deliveries in 2006 250
Bombardier Embraer
Regional Jet Deliveries
200
2006 Goodrich sales
expected to continue to 150
grow – result of content 100
positioning and model
mix 50
Rapid growth since 1992
0
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006 Est
2007 Est
has driven rapid fleet Source: Jet Information Services, Inc; GR Estimates
Cumulative Regional Jet Deliveries
size expansion 2500
Expect continued growth
Installed fleet
2000
in aftermarket from
1500
installed base
1000
Good positions on all
500
major regional jet
models 0
2005 Est
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
Source: Jet Information Services, Inc; GR Estimates
9

10. Top Line Growth -
Aftermarket Products and Services
Driven by ASMs, fleet size &
GDP World ASM and RPM Percent Change, Year Over Year
14.00%
ASMs RPMs
12.00%
Goodrich 2006 sales growth 10.00%
expected to continue to be 8.00%
above ASM growth rates 6.00%
4.00%
2.00%
RPM and ASM growth 0.00%
expected to be about the -2.00%
same for 2006 - 2010
-4.00%
91
92
93
94
95
96
97
98
99
00
01
02
03
04
2 0 Et
2 0 Et
2 0 Et
2 0 Et
2 0 Et
2 1 Et
05 s
06 s
07 s
08 s
09 s
00 s
19
19
19
19
19
19
19
19
19
20
20
20
20
20
World fleet expected to Total Aircraft in World Fleet
35000
continue to grow Installed fleet
30000
25000
Strong aftermarket trends 20000
will assist Goodrich margin 15000
expansion 10000
5000
0
2005 Est
2007 Est
2009 Est
2011 Est
2013 Est
2015 Est
1995
1997
1999
2001
2003
Source: The Airline Monitor
Above average growth rates possible over next several years
10

11. Top Line Growth -
Defense & Space Market
Goodrich product focus
Surveillance and reconnaissance
High usage platforms – helicopters, transport aircraft,
fighters
New platforms
US in transition to “network-centric warfare”
More focus on Surveillance and Reconnaissance to provide
Intelligence
Fewer new platform starts create upgrade
opportunities
Goodrich developing several new products for
Homeland Security markets
Market for Goodrich products is global and focused on growth
areas; not dependent on any single program, platform or customer
11

12. 2006 Sales Expectations
By Market Channel
Goodrich 2006 2006
Goodrich
2005 Market Market Market expectations - 2007 and beyond
Growth
Growth
Sales Mix
8% Boeing OE Del. 36% 10-15% Strong growth in 737, 777, A320;
16% Airbus OE Del. 10% (Due to A380, 787 and A350 introductions support
delivery deliveries past normal peak
24% Total (GR Weight) 19%
lead times)
6% Regional/Bus/GA 0-5% ~5% CF34-10 Engine Nacelles and tail cone support
OE (Weighted) continued growth through the cycle
32% Aftermarket ~5% >7% Airbus AM growing faster due to fleet aging,
(Commercial/ excellent product positions plus outsourcing
Regional/Bus/GA) trend support higher than market growth rate
28% Defense and Space Approx. Flat to OE - Positions on funded platforms worldwide,
OE and Aftermarket Flat slightly new products provide stable growth
down Aftermarket - Platform utilization, upgrade
opportunities support long-term growth
4% Heavy 5% Flat to Goodrich operating near capacity, sales fluctuate
Maintenance slightly based on A/C age, timing and type of overhaul
down
6% Other ~5%
100% Total ~7% ~6%
12

13. Sustainable Growth
Beyond the Peak of the Cycle
Commercial Aftermarket
Significantly larger fleet should fuel
aftermarket strength
Excellent balance between Boeing and Airbus
Airbus and regional jet fleet is getting older,
more mature – increased aftermarket support
More long-term agreements
More opportunity for airline outsourcing
Defense and space market
Balance and focus on high growth areas
War on terror drives sustained spending
13

14. Sustainable Growth
Sales from Key New Programs
(Dollars in Millions)
$1,400
Annual Expected Future Sales for:
• A380 Program
$1,200 • 787 Program
• A350 Nacelles
• CF34-10 Nacelle System
$1,000 • JSF Program
• C-5 Re-engine Program
• Small Engine Controls
$800
$600
$400
$200
$0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
New program sales are expected to provide significant incremental
sales growth
14

15. Sustainable Growth
Beyond the Peak of the Cycle
A380
Current Models
Average Content per Aircraft ($M)
New Models B747
B787,
A350
B777,
B767, A340
A330
B737,
A320
Single Aisle Small Twin Large Twin Very Large
Aisle Aisle Twin Aisle
Higher content per aircraft should dampen the effect from the next
commercial down cycle
15

16. Full-year 2006 Outlook
16

17. 2006 Outlook
Continued robust growth in major Commercial Aerospace original
equipment and aftermarket channels
Continue to expect ~100 basis point segment OI margin expansion
Operational excellence and volume leverage
On track to achieve mid-teens segment OI margin by 2009-2010
Expect growth in EPS from continuing operations to be greater than
sales growth
EPS growth includes increased expenses for pension, FX and stock-based
compensation of ~$0.29
Cash flow from operations minus capital expenditures of $100 -
$150M, plus ~$90M of cash proceeds from the expected sale of
Turbomachinery Products
New program investments (A380, Boeing 787, A350)
Capital for cost reduction, capacity, landing gear OE rate increases
Balancing short-term earnings improvement & long-term value creation
17

18. 2006 Outlook
Prior Current
Outlook Outlook Comments
Sales $5.6-5.7B $5.6-5.7B No change (towards upper
end of range)
EPS
- Excl. Tax, TMP sale $2.20- $2.25-2.45 Continued strong
2.40 aftermarket
Rohr litigation
- March 29 Tax Settlement $0.93
- April Tax Settlement Rohr 1995-97 audit
$0.12
- TMP Sale Gain on sale less lost OI
$0.08
Net Income $3.38-3.58
Cash flow from operations 50 to 75% $100-150M Includes expected 2nd half
minus capital expenditures of NI from 2006 tax payment of
Cont. Ops. approx. $90 million
Other cash flow items + $90M for TMP Not in cash flow from
operations minus Cap. Ex.
Capital Expenditures $240- $240-260M No change
260M
The current sales, net income and cash flow from operations outlook for 2006 does not include resolution of the previously disclosed Coltec tax
litigation and resolution of the remaining items in the IRS examination cycle for the company’s tax years through 1999, the impact of acquisitions or
divestitures, other than the expected sale of Turbomachinery Products, resolution of potential remaining A380 contractual disputes with Northrop
Grumman, or the impact of changes to the company’s pension plan. The sales projections include the expected full-year sales from the company’s
Turbomachinery Products business. Goodrich expects Turbomachinery Products to be reported as a discontinued operation starting with the
reporting of second quarter 2006 results in July 2006, and expects to remove the associated sales from its outlook at that time.
18

19. Sales and Segment Operating Income Trends
Sales Segment Operating Income
(Dollars in Billions) (Dollars in Millions)
$6 $800
$700
$5
$600
$4
$500
$3 $400
$300
$2
$200
$1
$100
$0 $0
2003 2004 2005 2006 2003 2004 2005 2006
Est. Est.
Strong sales and segment OI growth continues
19

20. Long-term Margin Expansion Outlook
OI/Sales Margins
18% 18% Objective
Expect Airframe Systems
margin improvement to
16% 16% ~10%
y Sustained, high Engine
pan
C om Systems margins
al
14% 14%
Tot
Mid-teens Electronics
Systems margins
12% 12% Drivers
Volume leverage
R&D costs on new
10% 10%
programs mitigate
Pension, FX and stock-
based compensation
8% 8%
headwinds mitigate or
2004 2005 2006 2007 2008 2009 reverse
Substantial margin upside potential
20

21. The Value Proposition for Goodrich
2006 – 2010 Expectations
Great market positions
Good top line growth expected over the next several
years
Substantial margin improvement opportunity
High margin aftermarket growth and OE volume leverage
Development program costs mitigate
Expect ~ 15% segment operating income margins by 2009
Significant cash flow improvement expected in 2007
Sustainable income growth beyond the OE cycle
Expect continued growth in higher margin aftermarket –
faster than ASMs
Goodrich should see “cycle on top of cycle” for OE
production
• A380, Boeing 787, A350, EMB 190 all have high Goodrich
content
Key for 2006: Entire organization focused on margin
improvement – with a sense of urgency
21

22. Supplemental Information
Additional information and presentations about
Goodrich programs and products are available
at www.goodrich.com. Presentations that are
available in the Investor Relations portion of the
web site include the April 27, 2006 First Quarter
Results presentation and the December 12,
2005 Annual Investor Conference presentation.
22

23. First Quarter 2006 Operational Highlights
Important tax settlements announced – $1.05 per diluted
share included in first quarter 2006 results
Announced definitive agreement to sell Turbomachinery
Products
Consistent with overall strategy to divest non-core businesses
Airframe Systems segment operational performance
improvement continued
Reduction in force announced at Landing Gear
Segment margin improvement on track
Electronic Systems segment
A380 full scale evacuation test successfully completed
Engine Systems Segment
Continued strong aftermarket growth
Development programs for the Boeing 787 and Airbus A350
continue on schedule
23

24. Sales by Market Channel
First Quarter 2006 Change Analysis
Actual Goodrich Change
Comparisons
Market Channel
1Q 2006 vs. 1Q 2006 vs.
1Q 2005 4Q 2005
Boeing and Airbus – OE Production 27% 14%
Regional, Business & General Aviation - OE 25% 13%
Aftermarket – Large Commercial and
16% 5%
Regional, Business and GA
Defense and Space – OE and Aftermarket (3%) (12%)
Heavy Airframe Maintenance (31%) (16%)
Other 8% (4%)
Goodrich Total Sales 12% 2%
24

25. First Quarter 2006 – Financial Summary
Year-over-Year Performance
1st Qtr 1st Qtr
(Dollars in Millions, excluding EPS) 2006 2005 Change
Sales $1,424 $1,276 12%
Segment operating income $170 $151 13%
- % of Sales 11.9% 11.8% +0.1%
Income
- Continuing Operations $200 $57 253%
- Net Income $202 $58 250%
Diluted EPS
- Continuing Operations $1.59 $0.46 246%
- Net Income $1.60 $0.47 240%
25