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Morgan Stanley Global Industrials CEOs
Unplugged Conference
Dana Point, CA
September 10, 2008


Marshall Larsen
Chairman, President and CEO
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 July 24, 2008 Second 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
Recent Highlights

    Announced a Letter of Intent with Rolls-Royce proposing the formation of a joint
    venture company, which would develop and supply engine controls for Rolls-Royce
    aero engines; Goodrich will retain aftermarket products and services

    Awarded nacelle system for Pratt & Whitney Geared Turbofan Engine
       Engine to be used on Mitsubishi Regional Jet and Bombardier CSeries
       airplanes
       Expected to generate more than $5 billion in original equipment and aftermarket
       revenue for Goodrich over the 25-year period following entry into service

    Standard and Poor’s raised its corporate credit rating on Goodrich to ‘BBB+’ from
    ‘BBB’

    Received production contracts from Lockheed Martin and General Electric Aircraft
    Engines to supply pylons and nacelles for the USAF C-5 Galaxy Reliability
    Enhancement and Re-engining Program

    Second quarter 2008 results, compared with second quarter 2007
       Sales grew 17% - double-digit growth rates in all major market channels
       Segment OI margin increased from 16.3% to 17.1%
       Net income per diluted share of $1.46 – a 49% increase over second quarter
       2007
5
YTD 2008 Sales by Market Channel
                                                        Total Sales $3.594 Billion
                                                                  Total Commercial OE
                                        Other
    Total Defense and
                                         6%
                                                                          36%
          Space
                                                     Boeing
           24%                                    Commercial OE
                                                      10%

         Defense &
                                                                      Airbus
        Space, OE &
                                                                   Commercial OE
        Aftermarket
                                                                       17%
            24%
                                   OE



                             AM                                             Regional,
                                                                         Business & Gen.
                                                                             Av. OE
                                                                               9%
                                   Large Commercial Aircraft
                                         Aftermarket
                                             28%
       Regional, Business &
    General Aviation Aftermarket
                6%                                   Total Commercial
                                                        Aftermarket
                                                            34%
      Balanced business mix; aftermarket represents 45% of total sales
6
Sales by Market Channel
                                       Second Quarter 2008 Change Analysis

                                                   Actual Goodrich Change Comparisons

                                                                              First Half 2008
                                                  2Q 2008 vs.   2Q 2008 vs.
                                                                               vs. First Half
                                                   2Q 2007       1Q 2007
                                                                                    2007
    Boeing and Airbus –
                            Aircraft Deliveries      28%            8%             20%
    OE Production

    Regional, Business &
                            Aircraft Deliveries      26%           17%             25%
    General Aviation - OE

    Aftermarket – Large
                            ASMs, Age, Cycles,
    Commercial, Regional,                            12%            3%             11%
                               Fleet size
    Business and GA

    Defense and Space –      US, UK Defense
                                                     11%            6%             12%
    OE and Aftermarket          Budgets
    Other                       IGT, Other           24%            4%             24%

    Goodrich Total Sales                             17%            6%             15%



7
Notional Cycle Dynamics
                                                            and Potential Impact on Goodrich

                                           1,100+
                                          Deliveries
                        Annual
                  Airplane Deliveries
     Total
     Active                                                  Equilibrium Period
                                                                                        OE Production Declines
                                                       •   OE sales growth
     Fleet
                                                                                       • OE sales decline
                                                           flattens
                                                                                       • AM growth continues
                                                       •   AM growth continues
                                                                                         • Fleet additions reach
                                                       •   Stable Defense &
                                                                                           major repair period
      15,000+                                              Space markets
       in fleet                                                                        • Stable Defense &
                             Investment period       •     Cash flow improves
                                                                                         Space markets
                  •   High OE sales growth
                                                                                       • Cash flow improves
                  •   Aftermarket growth accelerates
                                                                                       • EPS grows > sales
                  •   Stable Defense & Space markets
                  •   Higher cash needs
                      • Working Capital
                      • Capex
                      • Program Investments

      OE                 Production Rate Increases;           Production Peaks             Production Declines
     Cycle            New Development Programs Begin       New Airplanes In Service   Active Fleet Much Larger than
    Trough                 Fleet Increases Rapidly           Fleet Growth Slows           at Beginning of Cycle


8
Large Commercial Airplane Delivery Forecast


            1,200


            1,000


             800
    Units




             600


             400


             200


                0
                       2005        2006           2007   2008      2009     2010    2011   2012   2013

                                                     Actuals    Airline Monitor Outlook


9
             Source: Airline Monitor, July 2008
Airbus and Boeing Backlog
                                                                                                                                      as of July 1, 2008
                Asia   North Am.    Europe   Leasing   Middle East   Latin Am.             Unidentified    Africa

                8000

                7000

                6000
Number of A/C




                5000

                4000

                                                                                                                                  The order backlog alone is equivalent
                3000
                                                                                                                                  to the next 7 years of expected
                2000
                                                                                                                                  production
                1000

                  0
                                                                                                                             Order      Option      LoI    LoI Option
                            Order                Option                LoI                           LoI Option

                                                                                        4000

                                                                                        3500

                                                                                        3000
                                                                        Number of A/C




                                                                                        2500

                                                                                        2000

                                                                                        1500

                                                                                        1000

                                                                                        500

                                                                                          0
                                                                                                Africa     Unidentified   Latin Am.   Middle East   Leasing     Europe   North A m.   A sia


                                                              % of firm orders                   2                7           6            9          12          19        13         32
                10 Source: Ascend Online
Increasing Content per Aircraft
                           Original Equipment Production
                              High Airbus content – on high growth platforms
                              Aircraft introductions between now and 2013 will help support higher
                              production/delivery levels later
                               – A380, 787, 747-8, A350


                                                                                        A380
                                    Current Model
     Average Content per




                                                                                 B747
                                    New Models
        Aircraft ($M)




                                                       B787,
                                                       A350

                                                                 B777,
                                               B767,
                                                                 A340
                                B737,          A330
                                A320




                             Single Aisle   Medium Twin        Large Twin      Very Large
                                               Aisle              Aisle        Twin Aisle

           Higher Goodrich content on new aircraft than on aircraft being replaced
11
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%



     - Expect ~90% of retirements in 2008-2011 to come from the 4,800 less fuel efficient A/C in fleet.
     - Only ~ 8% of GR’s large commercial aftermarket sales come from those platforms.
12
A320 Deliveries and Installed Base
Delivered Units                                                                                               Installed Base
     500                                                                                                               7000
                                           Actual                                                 Estimated
     450
                                                                                                                       6000
                                                 Installed
                                              base/deliveries
     400                                     subject to major
                                             overhaul in 2008
                                                                                                                       5000
     350

     300
                                                                                                                       4000
                Installed
     250
             base/deliveries
                                                                                                                       3000
            subject to major
     200    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
13
      Source: Airline Monitor, July 2008
Aftermarket Summary

     Goodrich-installed base of aftermarket products provides
     excellent growth opportunity
     A320 fleet will exist for another 30 to 35 years
     New program wins position Goodrich for future aftermarket
     growth
     MRO capacity in place to support growth
     Driving operational excellence – speed & ease



             Building a best-in-class, integrated system to leverage
                         and grow aftermarket business



14
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




15
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


        Strong position in platforms                      Payload area offers strong growth
16
F-35 (Joint Strike Fighter)

                                                       Modulated Exhaust Cooling Duct

     Fuel Management System




     Engine Sensors



                                                                      Power Take Off Shafts

                                                                   Weapons Bay Door Actuator


                                                                      Engine Ice Detection &
                                                                      Protection
                                                                                    Landing Gear Systems


                              Air Data System




                                                $3M Goodrich Content
17
CH-53K
                                                                                   Goodrich Potential Content
                                                                         Actuation Systems Including
                                                                         Main & Tail Actuators and
                                                                         Hydraulic Systems
                                       Mechanical Diagnostics



                                  Engine Control Systems
                                                                                                                  Exterior Lighting

                                                                                                            Driveshafts & Flexible Couplings
                                      Engine Sensors
                                                                                                            Laser Warning
                                      & Components
               Engine & Rotor Ice
                                                                                                            Receivers
               Protection Systems

                  Rescue Hoists

                            Ice Rate Sensing                                                     Fuel Injection Systems
                            Systems
            Cockpit & Interior Lighting
                                                                                                  Wheels & Brakes
     Windshield Wiper Systems
                                                                                    Life Rafts
             Fuel & Utility Systems
                                                                        Intelligent Power Distribution Systems
                                                                 Vehicle Health Management
Canopy Severance System
                                                                  Cabin Heating Systems

                                                                  Landing Gear
                   Air Data Sensors &
                   SmartProbe™ Systems                          Crew seats


                                  Goodrich potential content: $1.5 - $2.0M per shipset
18
Military Helicopter Market

                                                                                                                                       Fighters
                                 U.S. Military Aircraft Production                                                                       27%
             500
                                                                                          Helicopters
                                                                                              40%
             400

             300

             200
                          2007       2008        2009         2010     2011       2012
                                                                                                                                        Transports &
                                        Helicopters     Fixed Wing                                                                      Tankers 15%

                                                                                                                               Recon & Surv
                                                                                                                 Trainers
                          World Military Helicopter Production                                                                     5%
                                                                                                                   13%
           800
           700
                                                                                                                      Major Programs
           600
                                                                                                    Platform                QTY        Prime
           500
                                                                                                        UH-60M              1200       Sikorsky
           400
           300                                                                                          CH-53K               227       Sikorsky
           200
                                                                                                        CH-47F               513       Boeing
           100
                                                                                                        AH-64 Block III      639       Boeing
              0
                                                                                                        ARH                  512       Bell
                     2007           2008        2009         2010     2011        2012
                                                                                                        LUH                  322       EADS
                   Bell    Boeing    Sikorsky    AgustaWestland      Eurocopter   Other


     1   Data from Forecast International, Teal Group, DoD Budgets


                          Helicopters are 55% of future production and 40% of current inventory
19
Intelligence Surveillance
                                                            Reconnaissance Market

     ISR is a priority for military budgets worldwide
      Global War On Terrorism (GWOT)
      Transition to Unmanned Aerial Vehicles (UAV) platforms
      Upgrade tactical reconnaissance cameras from film to digital
      Operationally Responsive Space (ORS)

 Goodrich products, competencies and investments well positioned




                                                   Film to Digital
          GWOT
                                                DB-110 has captured
       U2 product
                                                90% of international
     utilization at all                                                      ORS
                                 UAV
                                                      awards
         time high
                                                                       Under contract to
                          Growing Operational
                                                                       modify U2 camera
                          Need within US and
                                                                          for Space
                             UK for DB110
20
Defense & Space Market Summary


     Focused pursuits and advanced technology are keys to growth
        Space
        Airborne
        Ground

     Goodrich well positioned in aircraft platform content
        New Programs, Upgrades, Aftermarket

     Payload area offers significant growth potential
        ISR Systems – GWOT, UAV, ORS




21
Delivering Sustained Sales Growth
                                                                              and Margin Expansion
                              Sales
 $M                                                                       Segment Operating Income Margins
                      (Trailing Four Qtrs.)
                                                                                (Trailing Four Qtrs.)
7,000
                                                                18.0%

6,500                                                           16.0%


                                                                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




 22
2008 Sales Expectations
                                                                         By Market Channel

 Full Year                          2007       2008
   2007                           Goodrich   Goodrich
                     Market                                    Market expectations - 2009 and beyond
                                   Actual    Expected
 Sales Mix
                                   Growth     Growth
     10%     Boeing OE Del.                              Growth continues for Commercial OE deliveries;
     15%     Airbus OE Del.                              A380, 787 and A350 introductions support
                                                         deliveries past normal peak
     25%      Total (GR Weight)     8%        ~20%


     8%      Regional/Bus/GA        20%       >20%       CF34-10 Engine Nacelles and tail cone on
             OE (Weighted)                               EMBRAER 190 support continued growth through
                                                         the cycle

     36%     Aftermarket            16%      ~8 - 11%    Airbus AM growing faster due to fleet aging,
             (Commercial/                                excellent product positions plus outsourcing trend
             Regional/Bus/GA)                            support higher than market growth rate


     25%     Defense and Space      7%        ~13%       OE - Positions on funded platforms worldwide, new
             OE and Aftermarket                          products provide stable growth
                                                         Aftermarket - Platform utilization, upgrade
                                                         opportunities support long-term growth

     6%      Other                  14%       >20%

     100%    Total                  12%      ~13 - 14%


23
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 robust over the cycle
     Demonstrated ability to execute



      Goodrich is uniquely positioned for sales, earnings and cash flow
                                   growth
24

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Morgan Stanley Global Industrials CEOs Conference: Goodrich Chairman and CEO Presentation

  • 1. Morgan Stanley Global Industrials CEOs Unplugged Conference Dana Point, CA September 10, 2008 Marshall Larsen Chairman, President and CEO
  • 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 July 24, 2008 Second 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. Recent Highlights Announced a Letter of Intent with Rolls-Royce proposing the formation of a joint venture company, which would develop and supply engine controls for Rolls-Royce aero engines; Goodrich will retain aftermarket products and services Awarded nacelle system for Pratt & Whitney Geared Turbofan Engine Engine to be used on Mitsubishi Regional Jet and Bombardier CSeries airplanes Expected to generate more than $5 billion in original equipment and aftermarket revenue for Goodrich over the 25-year period following entry into service Standard and Poor’s raised its corporate credit rating on Goodrich to ‘BBB+’ from ‘BBB’ Received production contracts from Lockheed Martin and General Electric Aircraft Engines to supply pylons and nacelles for the USAF C-5 Galaxy Reliability Enhancement and Re-engining Program Second quarter 2008 results, compared with second quarter 2007 Sales grew 17% - double-digit growth rates in all major market channels Segment OI margin increased from 16.3% to 17.1% Net income per diluted share of $1.46 – a 49% increase over second quarter 2007 5
  • 6. YTD 2008 Sales by Market Channel Total Sales $3.594 Billion Total Commercial OE Other Total Defense and 6% 36% Space Boeing 24% Commercial OE 10% Defense & Airbus Space, OE & Commercial OE Aftermarket 17% 24% OE AM Regional, Business & Gen. Av. OE 9% Large Commercial Aircraft Aftermarket 28% Regional, Business & General Aviation Aftermarket 6% Total Commercial Aftermarket 34% Balanced business mix; aftermarket represents 45% of total sales 6
  • 7. Sales by Market Channel Second Quarter 2008 Change Analysis Actual Goodrich Change Comparisons First Half 2008 2Q 2008 vs. 2Q 2008 vs. vs. First Half 2Q 2007 1Q 2007 2007 Boeing and Airbus – Aircraft Deliveries 28% 8% 20% OE Production Regional, Business & Aircraft Deliveries 26% 17% 25% General Aviation - OE Aftermarket – Large ASMs, Age, Cycles, Commercial, Regional, 12% 3% 11% Fleet size Business and GA Defense and Space – US, UK Defense 11% 6% 12% OE and Aftermarket Budgets Other IGT, Other 24% 4% 24% Goodrich Total Sales 17% 6% 15% 7
  • 8. Notional Cycle Dynamics and Potential Impact on Goodrich 1,100+ Deliveries Annual Airplane Deliveries Total Active Equilibrium Period OE Production Declines • OE sales growth Fleet • OE sales decline flattens • AM growth continues • AM growth continues • Fleet additions reach • Stable Defense & major repair period 15,000+ Space markets in fleet • Stable Defense & Investment period • Cash flow improves Space markets • High OE sales growth • Cash flow improves • Aftermarket growth accelerates • EPS grows > sales • Stable Defense & Space markets • Higher cash needs • Working Capital • Capex • Program Investments OE Production Rate Increases; Production Peaks Production Declines Cycle New Development Programs Begin New Airplanes In Service Active Fleet Much Larger than Trough Fleet Increases Rapidly Fleet Growth Slows at Beginning of Cycle 8
  • 9. Large Commercial Airplane Delivery Forecast 1,200 1,000 800 Units 600 400 200 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 Actuals Airline Monitor Outlook 9 Source: Airline Monitor, July 2008
  • 10. Airbus and Boeing Backlog as of July 1, 2008 Asia North Am. Europe Leasing Middle East Latin Am. Unidentified Africa 8000 7000 6000 Number of A/C 5000 4000 The order backlog alone is equivalent 3000 to the next 7 years of expected 2000 production 1000 0 Order Option LoI LoI Option Order Option LoI LoI Option 4000 3500 3000 Number of A/C 2500 2000 1500 1000 500 0 Africa Unidentified Latin Am. Middle East Leasing Europe North A m. A sia % of firm orders 2 7 6 9 12 19 13 32 10 Source: Ascend Online
  • 11. Increasing Content per Aircraft Original Equipment Production High Airbus content – on high growth platforms Aircraft introductions between now and 2013 will help support higher production/delivery levels later – A380, 787, 747-8, A350 A380 Current Model Average Content per B747 New Models Aircraft ($M) B787, A350 B777, B767, A340 B737, A330 A320 Single Aisle Medium Twin Large Twin Very Large Aisle Aisle Twin Aisle Higher Goodrich content on new aircraft than on aircraft being replaced 11
  • 12. 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% - Expect ~90% of retirements in 2008-2011 to come from the 4,800 less fuel efficient A/C in fleet. - Only ~ 8% of GR’s large commercial aftermarket sales come from those platforms. 12
  • 13. A320 Deliveries and Installed Base Delivered Units Installed Base 500 7000 Actual Estimated 450 6000 Installed base/deliveries 400 subject to major overhaul in 2008 5000 350 300 4000 Installed 250 base/deliveries 3000 subject to major 200 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 13 Source: Airline Monitor, July 2008
  • 14. Aftermarket Summary Goodrich-installed base of aftermarket products provides excellent growth opportunity A320 fleet will exist for another 30 to 35 years New program wins position Goodrich for future aftermarket growth MRO capacity in place to support growth Driving operational excellence – speed & ease Building a best-in-class, integrated system to leverage and grow aftermarket business 14
  • 15. 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 15
  • 16. 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 Strong position in platforms Payload area offers strong growth 16
  • 17. F-35 (Joint Strike Fighter) Modulated Exhaust Cooling Duct Fuel Management System Engine Sensors Power Take Off Shafts Weapons Bay Door Actuator Engine Ice Detection & Protection Landing Gear Systems Air Data System $3M Goodrich Content 17
  • 18. CH-53K Goodrich Potential Content Actuation Systems Including Main & Tail Actuators and Hydraulic Systems Mechanical Diagnostics Engine Control Systems Exterior Lighting Driveshafts & Flexible Couplings Engine Sensors Laser Warning & Components Engine & Rotor Ice Receivers Protection Systems Rescue Hoists Ice Rate Sensing Fuel Injection Systems Systems Cockpit & Interior Lighting Wheels & Brakes Windshield Wiper Systems Life Rafts Fuel & Utility Systems Intelligent Power Distribution Systems Vehicle Health Management Canopy Severance System Cabin Heating Systems Landing Gear Air Data Sensors & SmartProbe™ Systems Crew seats Goodrich potential content: $1.5 - $2.0M per shipset 18
  • 19. Military Helicopter Market Fighters U.S. Military Aircraft Production 27% 500 Helicopters 40% 400 300 200 2007 2008 2009 2010 2011 2012 Transports & Helicopters Fixed Wing Tankers 15% Recon & Surv Trainers World Military Helicopter Production 5% 13% 800 700 Major Programs 600 Platform QTY Prime 500 UH-60M 1200 Sikorsky 400 300 CH-53K 227 Sikorsky 200 CH-47F 513 Boeing 100 AH-64 Block III 639 Boeing 0 ARH 512 Bell 2007 2008 2009 2010 2011 2012 LUH 322 EADS Bell Boeing Sikorsky AgustaWestland Eurocopter Other 1 Data from Forecast International, Teal Group, DoD Budgets Helicopters are 55% of future production and 40% of current inventory 19
  • 20. Intelligence Surveillance Reconnaissance Market ISR is a priority for military budgets worldwide Global War On Terrorism (GWOT) Transition to Unmanned Aerial Vehicles (UAV) platforms Upgrade tactical reconnaissance cameras from film to digital Operationally Responsive Space (ORS) Goodrich products, competencies and investments well positioned Film to Digital GWOT DB-110 has captured U2 product 90% of international utilization at all ORS UAV awards time high Under contract to Growing Operational modify U2 camera Need within US and for Space UK for DB110 20
  • 21. Defense & Space Market Summary Focused pursuits and advanced technology are keys to growth Space Airborne Ground Goodrich well positioned in aircraft platform content New Programs, Upgrades, Aftermarket Payload area offers significant growth potential ISR Systems – GWOT, UAV, ORS 21
  • 22. Delivering Sustained Sales Growth and Margin Expansion Sales $M Segment Operating Income Margins (Trailing Four Qtrs.) (Trailing Four Qtrs.) 7,000 18.0% 6,500 16.0% 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 22
  • 23. 2008 Sales Expectations By Market Channel Full Year 2007 2008 2007 Goodrich Goodrich Market Market expectations - 2009 and beyond Actual Expected Sales Mix Growth Growth 10% Boeing OE Del. Growth continues for Commercial OE deliveries; 15% Airbus OE Del. A380, 787 and A350 introductions support deliveries past normal peak 25% Total (GR Weight) 8% ~20% 8% Regional/Bus/GA 20% >20% CF34-10 Engine Nacelles and tail cone on OE (Weighted) EMBRAER 190 support continued growth through the cycle 36% Aftermarket 16% ~8 - 11% Airbus AM growing faster due to fleet aging, (Commercial/ excellent product positions plus outsourcing trend Regional/Bus/GA) support higher than market growth rate 25% Defense and Space 7% ~13% OE - Positions on funded platforms worldwide, new OE and Aftermarket products provide stable growth Aftermarket - Platform utilization, upgrade opportunities support long-term growth 6% Other 14% >20% 100% Total 12% ~13 - 14% 23
  • 24. 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 robust over the cycle Demonstrated ability to execute Goodrich is uniquely positioned for sales, earnings and cash flow growth 24