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Goodrich Corporation
Credit Suisse
2007 Aerospace and Defense Conference

November 29, 2007
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 25, 2007 Third Quarter 2007 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
Aerospace and Defense Themes

    Commercial Aircraft Original Equipment Production
        New orders at, or near, record levels
        Strong sales for new models entering production, especially Boeing’s 787 Dreamliner
        Deliveries expected to increase through 2011; rates expected to remain high beyond the
        peak

    Commercial Aircraft Aftermarket Products and Services
        Worldwide growth in available seat miles supports demand for replacement parts and
        repair and overhaul services
         – Expect 4 – 5 percent base volume growth over the long-term
         – Consistent and predictable over the cycle
        Aging aircraft fleet drives additional growth for many popular models of aircraft

    Defense and Space Products and Services
        Defense spending at record levels
        Strong demand for products supporting platforms
         – Good growth in helicopter programs
         – Original equipment and aftermarket
         – Good positions on newly funded platforms (e.g. Black Hawk helicopters, F-35)
        New opportunities for mission equipment and intelligence, surveillance and
        reconnaissance (ISR) products
3
Sales by Market Channel
                                                                                      2007 YTD
                                                                    Total Commercial OE
                                        Other
    Total Defense and
                                                                            33%
                                         6%
          Space
                                                     Boeing
           25%                                    Commercial OE
                                                      11%


                                                                         Airbus
         Defense &
                                                                      Commercial OE
        Space, OE &
                                                                          14%
        Aftermarket
                                   OE
            25%



                             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
4
2007 & 2008 Sales Expectations
                                                                       By Market Channel

    Full Year                          2007       2008
      2006                           Goodrich   Goodrich
                        Market                                   Market expectations - 2009 and beyond
                                      Growth     Growth
    Sales Mix

      9%        Boeing OE Del.                             Growth continues for 737, 777, A320;
      17%       Airbus OE Del.                             A380, 787 and A350 introductions support
                                                           deliveries past normal peak
      26%        Total (GR Weight)     ~9%       ~20%


       7%       Regional/Bus/GA       ~17%       ~13%      CF34-10 Engine Nacelles and tail cone on
                OE (Weighted)                              EMBRAER 190 support continued growth through
                                                           the cycle

      35%       Aftermarket           ~17%      ~8 - 10%   Airbus AM growing faster due to fleet aging,
                (Commercial/                               excellent product positions plus outsourcing trend
                Regional/Bus/GA)                           support higher than market growth rate


      26%       Defense and Space     ~10%      ~5 - 8%    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                 ~10%       ~10%      Mostly Commercial Helicopter and IGT
     100%       Total                12 - 14%    ~11%


5
Commercial Airplane Delivery Forecast

            1,400

            1,200

            1,000

             800
    Units




             600

             400

             200

               0
                    2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

                                        Actuals   GR Outlook
6
Large Commercial Aircraft - On Order Distribution

                         By Region                                    By Customer Type

                 North
               America 945                                      Mature 4,932
                                            Europe
                                             1,166




  Asia 2,010
                                                  Leasing 775

                                                                                             Start-up 643
                                                 L&S
                                              America 143
            Africa 92                                                          Leasing 775
                                    Middle East
                                       366
                        Unidentified
                            351


               Backlog is well-balanced by region and customer type
Source: Ascend CASE
7
Importance of Key Aircraft Platforms




                                                                 2006 Aftermarket Revenue
                                                        F-18
                                               A320
                                                                        F-16            C-5
                                                                                F-15
                                                         C-130C-17                            Tor

                                               A330/ 747     Other
                                                                               A300/ MD11/
           A380
    787                     EMB190                                                              MD90/DC8,9
                                                             OOP 757
                                          737NG 340                             310 DC10
    F-35   Typhoon   F-22                777     ERJ145    767
                                                       717

                            Five Year Projected Platform Profits = $6B
      Introduction                   Growth                          Maturity                  Decline
     Introduction                     Growth                         Maturity                 Decline




8
Goodrich Defense & Space Sales

                                      2006 SALES
        Platforms                                                               Payloads
                                         $1.5B



            Tactical Jets




                                                        $0.4
                                $1.1B                                         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
9
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


10
2008 Outlook


              Continued robust growth in all market channels

              Stable margins >15%
                     + Continued aftermarket and defense/space growth
                     - Rapid sales growth in new lower margin 787/A380 programs


              EPS growth of 12-17% to $4.15-$4.30
                     Stronger if aftermarket grows more than 10%
                     Impacted by higher tax rate in 2008 (-$0.15)

                                           (1)                       (2)
              Free cash flow                     conversion                improved to >75% conversion

     (1)   We define “Free Cash Flow” as: Net cash provided by operating activities minus Capital Expenditures
     (2)   Free Cash Flow/Income from Continuing Operations

11
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 expected to drive margins and earnings growth
     after OE cycle peaks
     Cash flow improving and robust over the cycle
     Demonstrated ability to execute



      Goodrich is uniquely positioned for sales, earnings and cash flow
                                   growth
12

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goodrich CSFB_11.07

  • 1. Goodrich Corporation Credit Suisse 2007 Aerospace and Defense Conference November 29, 2007
  • 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 25, 2007 Third Quarter 2007 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. Aerospace and Defense Themes Commercial Aircraft Original Equipment Production New orders at, or near, record levels Strong sales for new models entering production, especially Boeing’s 787 Dreamliner Deliveries expected to increase through 2011; rates expected to remain high beyond the peak Commercial Aircraft Aftermarket Products and Services Worldwide growth in available seat miles supports demand for replacement parts and repair and overhaul services – Expect 4 – 5 percent base volume growth over the long-term – Consistent and predictable over the cycle Aging aircraft fleet drives additional growth for many popular models of aircraft Defense and Space Products and Services Defense spending at record levels Strong demand for products supporting platforms – Good growth in helicopter programs – Original equipment and aftermarket – Good positions on newly funded platforms (e.g. Black Hawk helicopters, F-35) New opportunities for mission equipment and intelligence, surveillance and reconnaissance (ISR) products 3
  • 4. Sales by Market Channel 2007 YTD Total Commercial OE Other Total Defense and 33% 6% Space Boeing 25% Commercial OE 11% Airbus Defense & Commercial OE Space, OE & 14% Aftermarket OE 25% 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 4
  • 5. 2007 & 2008 Sales Expectations By Market Channel Full Year 2007 2008 2006 Goodrich Goodrich Market Market expectations - 2009 and beyond Growth Growth Sales Mix 9% Boeing OE Del. Growth continues for 737, 777, A320; 17% Airbus OE Del. A380, 787 and A350 introductions support deliveries past normal peak 26% Total (GR Weight) ~9% ~20% 7% Regional/Bus/GA ~17% ~13% CF34-10 Engine Nacelles and tail cone on OE (Weighted) EMBRAER 190 support continued growth through the cycle 35% Aftermarket ~17% ~8 - 10% Airbus AM growing faster due to fleet aging, (Commercial/ excellent product positions plus outsourcing trend Regional/Bus/GA) support higher than market growth rate 26% Defense and Space ~10% ~5 - 8% 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 ~10% ~10% Mostly Commercial Helicopter and IGT 100% Total 12 - 14% ~11% 5
  • 6. Commercial Airplane Delivery Forecast 1,400 1,200 1,000 800 Units 600 400 200 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Actuals GR Outlook 6
  • 7. Large Commercial Aircraft - On Order Distribution By Region By Customer Type North America 945 Mature 4,932 Europe 1,166 Asia 2,010 Leasing 775 Start-up 643 L&S America 143 Africa 92 Leasing 775 Middle East 366 Unidentified 351 Backlog is well-balanced by region and customer type Source: Ascend CASE 7
  • 8. Importance of Key Aircraft Platforms 2006 Aftermarket Revenue F-18 A320 F-16 C-5 F-15 C-130C-17 Tor A330/ 747 Other A300/ MD11/ A380 787 EMB190 MD90/DC8,9 OOP 757 737NG 340 310 DC10 F-35 Typhoon F-22 777 ERJ145 767 717 Five Year Projected Platform Profits = $6B Introduction Growth Maturity Decline Introduction Growth Maturity Decline 8
  • 9. Goodrich Defense & Space Sales 2006 SALES Platforms Payloads $1.5B Tactical Jets $0.4 $1.1B 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 9
  • 10. 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 10
  • 11. 2008 Outlook Continued robust growth in all market channels Stable margins >15% + Continued aftermarket and defense/space growth - Rapid sales growth in new lower margin 787/A380 programs EPS growth of 12-17% to $4.15-$4.30 Stronger if aftermarket grows more than 10% Impacted by higher tax rate in 2008 (-$0.15) (1) (2) Free cash flow conversion improved to >75% conversion (1) We define “Free Cash Flow” as: Net cash provided by operating activities minus Capital Expenditures (2) Free Cash Flow/Income from Continuing Operations 11
  • 12. 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 expected to drive margins and earnings growth after OE cycle peaks Cash flow improving and robust over the cycle Demonstrated ability to execute Goodrich is uniquely positioned for sales, earnings and cash flow growth 12