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Goodrich Corp


Goodrich Corp is a publicly traded company having a good stock performance result. Goodrich Corp is a fortune 500 stock listed company trading under GR.

Goodrich Corporation is a leading global supplier of systems and services to the aerospace and defense industry. Goodrich technology is involved in making aircraft fly, land and keeping them safe. The annual revenues is over 4.7 billion dollars, The  headquarters  is in Charlotte, North Carolina, and employs more than 21,000 people worldwide in over 100 facilities across 16 countries.

Marshall O. Larsen is the Chairman, President and Chief Executive Officer. John J. Carmola is theSegment President, Airframe Systems. Cynthia M. Egnotovich is Segment President, Engine Systems. Jerry Witowski isSegment President for the Electronic Systems.

GR is a tireless leader in aerospace systems. It is now focused on its 3 aerospace divisions. Goodrich's largest unit, Engine Systems, makes aero structures (nacelles, pylons, and thrust reversers), engine and fuel controls, fuel systems, pumps, and turbine components. Next largest, Airframe Systems makes aircraft wheels, brakes, landing gear, and flight control and actuation systems; it also provides aircraft maintenance, repair, and overhaul services. Finally, Electronic Systems makes interior products, de-icing and specialty systems, monitoring systems, lighting products, avionics systems, telemetry systems, sensors, and reconnaissance systems.

Goodrich common stock is listed on the New York Stock Exchange. The company's common stock is traded on the Chicago Board Options Exchange. The financial outlook for 2006 is expected to be in the 5.6 to 5.7 billion dollars. The diluted earnings of 2006 per share from continuing operations expected to be in the 2.20 to 2.40 dollars range, representing an increase of between 10 and 25 percent, compared to 2005 expectations 1.89 to 1.99 dollars. The cash flow from operations, minus capital expenditures, expected to be in the range of 50 - 75 percent of net income in 2006, reflecting significant investments in new products for recently awarded programs such as the Boeing 787 Dreamliner and the Airbus A350.

The capital expenditures to support higher OE deliveries at Boeing and productivity initiatives that are expected to enhance margins over the long term. The company expects capital expenditures in 2006 to be in the range of 240 to 260 million dollars.

Goodrich's corporate governance standards and practices meet or exceed the requirements of applicable laws, rules and regulations. More importantly, their governance principles reflect their commitment to excellence and integrity in all aspects of their operations.
 
 
 
 

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