Thanks to sales increasing by about 17 percent, Goodrich Corp. reported higher profit in the second quarter of 2011. For the quarter, the Charlotte-based company said it had net income of $177 million, or $1.38 per diluted share, on sales of $2 million. In the second quarter of last year, net income was $159 million, or [...]
Goodrich Corp. today said the ORS-1 satellite it worked on for the Air Force has been launched. Charlotte-based Goodrich was the prime contractor for the satellite, which was launched Wednesday at NASA’s Wallops Flight Facility and Mid-Atlantic Regional Spaceport on Wallops Island, Va. ORS-1 is the first satellite in the Operationally Responsive Space program. The satellite will [...]
Charlotte-based Goodrich Corp. today said it will close its Marble Avenue landing gear facility in Cleveland by the end of the year as project volume slumps. There are about 400 employees at the facility, which supplies landing gear equipment for commercial and military customers. The work at the facility will be transferred to other landing gear facilities, Goodrich [...]
Goodrich Corp. said it has been selected by Russian Helicopters to provide parts for its Mi-34C1 helicopter. Charlotte-based Goodrich said it will provide the main rotor actuator and hydraulic power supply for the helicopters. Financial details about the deal were not disclosed. Russian Helicopters is a subsidiary of UIC Oboronprom, a part of Russian Technologies State Corp.
Goodrich Corp. said it has completed its $478 million purchase of Italy-based Microtecnica. The purchase price is $16 million more than what Goodrich said it planned to pay Stirling Square Capital Partners when it announced the deal in April. Microtecnica provides flight-control systems for helicopters and other aircraft, missile actuation and aircraft thermal and environmental control systems. [...]
Goodrich Corp. said Wednesday that a satellite it designed and built for the Air Force is being prepared for shipment. Charlotte-based Goodrich is the prime contractor for the Operationally Responsive Space-1 satellite. Goodrich supplies systems and services to the aerospace and defense markets.
Charlotte-based Goodrich Corp. today said its board of directors has declared a quarterly dividend of 29 cents per share on its common stock. The dividend is payable July 1 to shareholders of record as of June 1. Goodrich is a global supplier of systems and services to the aerospace and defense industries.
Goodrich Corp. today said it has signed an agreement with SSCP Aero Holdings to acquire Italy-based Microtecnica for$462 million. Microtecnica provides flight-control systems for helicopters and other aircraft. Charlotte-based Goodrich said the deal, which still needs government approvals, would strengthen its position in the helicopter market. The purchase is expected to take place in the second half of this year. [...]
Goodrich Corp. today said it has been awarded a contract to deliver two upgraded sensors to the U.S. Air Force for use on U-2 aircraft. The contract value was not disclosed. The sensors will enhance the operation of U-2s by capturing images at specific frequencies across the electromagnetic spectrum, the Charlotte-based company said. The images can be used [...]
Goodrich Corp. said it has delivered technology to the UK’s Ministry of Defense to improve the sharing of geospatial intelligence between the UK and coalition forces. Under Project Attacker, Charlotte-based Goodrich’s Intelligence Surveillance and Reconnaissance Systems business based in the UK is providing data-management systems to UK deployed forces to improve their abilities to share data across areas of [...]