Goodrich - UTC (NYSE:UTX) | Research (R&D) Spending

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Research & Development



Goodrich performs research and development under Company-funded programs for commercial products and under contracts with customers. Research and development under contracts with others is performed on both defense and commercial products. Total research and development expenses in 2011, 2010, 2009, and 2008 were approximately $247 million, $247 million, $239 million, and $284 million respectively. These amounts are net of approximately $119 million, $85 million, $101 million and $133 million, respectively, which were funded by customers.

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