Goodrich Corporation (ticker: GR, exchange: New York Stock Exchange (.N))
News Release -
Goodrich Selected for Russian Helicopters Mi-34C1 Upgrade Program
- Goodrich to develop main rotor actuator and hydraulic power supply
CHARLOTTE, N.C., May 19, 2011 /PRNewswire via COMTEX/ -- Goodrich Corporation (NYSE: GR) has been selected by Russian Helicopters, JSC to provide the main rotor actuator and hydraulic power supply for its upgraded Mi-34C1 light helicopter. The agreement includes research and development, original equipment supply and aftermarket support for both units. Prototypes for flight tests have already been produced by Goodrich's Actuation Systems business with entry into service planned for late 2012.
Mike Gardiner, president of Goodrich's Actuation Systems business stated, "Goodrich's experience and expertise producing reliable actuation systems brings added value to the Russian Helicopters Mi-34C1 upgrade. We are pleased to be cooperating on such a significant program in Russia and look forward to this and future collaboration."
The upgrade to the existing Mi-34 known as the Mi-34C1 plans to achieve an increase in maximum takeoff weight to 1,500 kg (1.5 tons) and allows for the piston engine to be potentially replaced by a gas-turbine engine during future modernization.
Russian Helicopters, JSC is the subsidiary of UIC Oboronprom, a part of Russian Technologies State Corporation. It controls the following helicopter industry enterprises: Mil Moscow Helicopter Plant, Kamov, Ulan-Ude Aviation Plant, Kazan Helicopters, Rostvertol, Progress Arsenyev Aviation Company named after N.I. Sazykin, Kumertau Aviation Production Enterprise, Stupino Machine Production Plant, Reductor-PM, Novosibirsk Aircraft Repairing Plant and Helicopter Service Company.
Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. For more information visit http://www.goodrich.com/.
Goodrich Corporation operates through its divisions and as a parent company for its subsidiaries, one or more of which may be referred to as "Goodrich Corporation" in this press release.
SOURCE Goodrich Corporation; GR - Actuation and Landing Systems