The joint venture company, Rolls-Royce Goodrich Engine Control Systems Limited, operates as Aero Engine Controls. Each of the contributing companies owns 50 per cent of Aero Engine Controls. Goodrich will retain the aftermarket products and services business associated with the joint venture's products.
As part of the transaction, Goodrich received
The two companies announced their intention to form the joint venture on
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 - Electronic Systems