CHARLOTTE, North Carolina, Jul 14, 2008 (PR Newswire Europe via COMTEX News Network) -- New agreement provides exclusive position on large aircraft landing
gear overhauls

Goodrich Corporation (NYSE: GR) has received an expanded landing gear
overhaul service agreement from Continental Airlines to cover virtually every
model in the airline's Boeing aircraft fleet. The expanded portion of the
agreement is expected to generate US$49 million in revenue over five years.

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

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

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

Goodrich Corporation, a Fortune 500 company, is a leading global supplier
of systems and services to the aerospace and defense industry. Serving a
global customer base with significant worldwide manufacturing and service
facilities, Goodrich is one of the largest aerospace companies in the world.
For more information visit http://www.goodrich.com

Goodrich Corporation operates through its divisions and as a parent
company for its subsidiaries, one or more of which may be referred to as
"Goodrich Corporation" in this press release.

Forward-Looking Statements

Certain statements made in this release 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.
Specifically, statements that are not historical facts, including statements
accompanied by words such as "believe," "expect," "anticipate," "intend,"
"estimate," or "plan," are intended to identify forward-looking statements
and convey the uncertainty of future events or outcomes. 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: the actual amount of products and services purchased
under the contract; potential cancellation of orders by the customer; and the
impact of higher fuel prices on the industry. Further information regarding
the factors that could cause actual results to differ materially from
projected results can be found in the company's filings with the Securities
and Exchange Commission, including in the company's Annual Report on Form
10-K for the year ended December 31, 2007 and the company's quarterly report
on Form 10-Q for the quarter ended March 31, 2008.

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

Web site: http://www.goodrich.com

Lisa Bottle, +1-704-258-1506, or Laurie Tardif, +1-704-264-7338, both for
Farnborough Airshow

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