Goodrich Business in UK Wins Queen's Award for Enterprise
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o Prestigious international trade award recognizes significant increase in export sales
CHARLOTTE, N.C., April 20, 2011 - Goodrich Corporation's (NYSE: GR) Sensors and Integrated Systems business in Plymouth, UK has won a 2011 Queen's Award for Enterprise, the highest official UK honor for British businesses. The award, in the category of international trade, recognizes a tripling of exports by the former Atlantic Inertial Systems (AIS) business, which was acquired by Goodrich in 2009.
Brian Gora, president of Goodrich's Sensors and Integrated Systems business said, "This honor underscores how the Goodrich team in Plymouth continues its exceptional track record of providing advanced performance, capability and support for its customers. Its remarkable growth in exports upholds our continued drive to stay ahead of the market and create even smaller, more precise and more capable systems. The Plymouth team is fundamental to supporting Goodrich's balanced growth strategy to increase our defense footprint with products that the military needs today."
The Queen's Awards for Enterprise recognize outstanding achievement by UK businesses in the categories of international trade, innovation and sustainable development. The awards are made annually by Her Majesty The Queen, are judged to a demanding level, and are only given for the highest levels of excellence demonstrated in each category. In the international trade category, a business must be able to show that it has achieved outstanding growth in overseas earnings and commercial success.
The Goodrich team in Plymouth designs, develops and produces miniature high performance solid state inertial systems that provide stabilisation, guidance, navigation and control for an array of systems from land vehicles to satellites. The company is a market leader in micro- electric-mechanical systems (MEMS) based inertial systems, and supports products in service with 23 military forces worldwide. Its TERPROM® terrain avoidance software system enhances safety by providing position and situational awareness to military pilots during intense and stressful flight operations.
Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. 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.
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