Goodrich Unit Gets Deal With Dubai's Flydubai
Stock quotes in this article:
GR
CHARLOTTE, N.C. (AP) A division of Goodrich Corp. received a contract from Dubai's state-owned flydubai to supply wheels and carbon brakes to the carrier's fleet of next-generation 737-800 aircraft, the company said Monday.
Terms of the deal were not disclosed. However, the company expects to generate about $22 million in revenue over the life of the contract. Aircraft deliveries with the Goodrich wheel and brake equipment are expected to begin in March 2010 and continue through 2013. Dubai's flydubai fleet includes 54 737-800 aircraft. The carrier is Dubai's first low-cost airline, which began commercial flights on June 1. Shares of Goodrich added 93 cents to $60.73 in midday trading.- Loading Comments...
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