Goodrich reported first quarter 2007 results with sales growth of 12% and segment operating income margin expansion to 14.5% compared to 12% in first quarter 2006. Net income was $100 million or $0.78 per share compared to $202 million or $1.60 per share in first quarter 2006, which included a large tax benefit. The company increased its full year 2007 outlook with sales expected between $6.3-6.5 billion and net income per share of $3.20-$3.35. Market channels such as commercial aerospace production and aftermarket as well as defense were expected to see continued growth through 2008 and beyond.