This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Goodrich Receives U.S. Army Spares Order To Support UH-60 Helicopter Fleet

CHARLOTTE, N.C., June 8, 2012 /PRNewswire/ -- Goodrich Corporation (NYSE: GR) has received an order from the U.S. Army to provide 80 spare health and usage management system (HUMS) electronic units for the Army's UH-60 Black Hawk helicopters.  The units will be produced by Goodrich's Sensors and Integrated Systems business in Vergennes, Vt. Deliveries are expected to commence in early 2013.

"It started as an R&D project in Vermont, but HUMS has become a vital life-saving and cost-saving tool that now is standard equipment on military helicopters," said Senator Patrick Leahy (D-Vt.). "I am so proud of the important work that Goodrich is doing in our state," he added. Senator Leahy, a senior member of the Senate Appropriations Committee's Defense Subcommittee, has been a long-time supporter of Goodrich's work in Vergennes, including the technology behind HUMS.

Tony Wurmel, general manager of Goodrich Sensors and Integrated Systems in Vergennes said, "This award highlights the value that the Goodrich HUMS brings in lowering operating and maintenance costs while enhancing safety for the Army's Black Hawk fleet. We thank Senator Leahy for his strong support over the last decade in helping the Army equip its frontline helicopter fleet with this cost-effective system; it will help the troops remain effective and maintain the fleet at high readiness in an uncertain world." 

The HUMS system has contributed to lower operating costs and increased effectiveness for Army Black Hawk helicopters in executing important safety and rescue missions during ongoing conflicts in Iraq and Afghanistan.  In recent deployments the Black Hawks with HUMS had 17% lower total maintenance costs with a greater than 50% reduction in unscheduled maintenance, enhancing readiness for critical troop transport and medical evacuation missions. 

Goodrich provides HUMS for numerous U.S. military platforms, including the Army UH-60 and CH-47 fleets, Marine Corp. CH-53, AH-1, UH-1, & V-22 fleets, and the Navy MH-60 fleet. Goodrich has delivered more than 2,000 units to the U.S. Army alone.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs