CHARLOTTE, N.C., June 6, 2012 /PRNewswire/ -- Goodrich Corporation (NYSE: GR) is bringing the latest developments from its sensors and actuation businesses to Eurosatory in Paris, France on June 11-15, 2012. The company is exhibiting in Hall 5, stand D656 at the leading tradeshow for the defense industry in Europe. The company's latest MicroNav® device will be on display at the show. This miniature inertial navigation system with GPS provides precise, low cost guidance for many smaller platforms where this has not been previously achievable. Potential applications for MicroNav include smaller rockets and missiles plus aircraft standby instruments. The small volume – less than two cubic inches inches (51mm3) - and 2.8 ounce (79 gram) weight make it one-third the volume and one-quarter the weight of current integrated navigation devices. The company will also present its latest capabilities in advanced composite components for use in helicopters, UAVs and land vehicles. Products such as transmission shafts, pressure vessels, flywheels and fuel pipes can be produced in composites rather than metals and alloys; the composite structures are exceptionally strong, long-lasting, and lightweight. They offer lower operating costs through reduced maintenance needs, less energy consumption and lower carbon emissions. In addition, composite materials can be used to create complex shapes without compromising on material strength or durability. The demonstrator for the TERPROM® digital terrain system will be available to test-fly on the Goodrich stand. TERPROM provides navigational accuracy for fixed and rotary wing aircraft of 15–30 meters even where GPS is denied, and is used for predictive ground collision avoidance, accurate terrain following flight plus wire and obstacle avoidance. The system is used by 14 nations and equips over 5,000 military aircraft including the C-17, C-130 and A400M. Goodrich staff from its ISR (Intelligence, Surveillance and Reconnaissance) and military aftermarket businesses will also be present at the show.
Goodrich Corporation (NYSE:GR) hit a new 52-week high Thursday as it is currently trading at $127.49, above its previous 52-week high of $127.25 with 1.6 million shares traded as of 2:15 p.m. ET. Average volume has been one million shares over the past 30 days.