EADS Defence & Security

Transcription

1 EADS Defence & Security Military Air Systems Global Investor Forum 2009, Broughton, 1 st & 2 nd April 2009 Bernhard Gerwert Head of Military Air Systems

2 Safe Harbour Statement Disclaimer This presentation includes forward-looking statements. Words such as anticipates, believes, estimates, expects, intends, plans, projects, may and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements made about strategy, ramp-up and delivery schedules, introduction of new products and services and market expectations, as well as statements regarding future performance and outlook. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include but are not limited to: Changes in general economic, political or market conditions, including the cyclical nature of some of EADS businesses; Significant disruptions in air travel (including as a result of terrorist attacks); Currency exchange rate fluctuations, in particular between the Euro and the U.S. dollar; The successful execution of internal performance plans, including cost reduction and productivity efforts; Product performance risks, as well as programme development and management risks; Customer, supplier and subcontractor performance or contract negotiations, including financing issues; Competition and consolidation in the aerospace and defence industry; Significant collective bargaining labour disputes; The outcome of political and legal processes, including the availability of government financing for certain programmes and the size of defence and space procurement budgets; Research and development costs in connection with new products; Legal, financial and governmental risks related to international transactions; Legal and investigatory proceedings and other economic, political and technological risks and uncertainties. As a result, EADS actual results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, see EADS Registration Document dated 24th April Any forward-looking statement contained in this presentation speaks as of the date of this presentation. EADS undertakes no obligation to publicly revise or update any forward-looking statements in light of new information, future events or otherwise.

3 Content MAS Today Future Growth Perspectives Profitability Enablers 3

4 Military Air Systems 2008 Defence & Security Key figures ) Revenues: 1.8 bn Order backlog: 7.4 bn Active workforce: approx. 5,900 MBDA Defence and Communication Systems Defence Electronics Military Air Systems Revenues breakdown by segments B. Gerwert Combat Air Systems 49% 43% 8% Services Mission Air Systems 1) excluding Aerostructure business transferred to Premium Aerotec GmbH 4

5 Content MAS Today Future Growth Perspectives Profitability Enablers 5

6 MAS Future Growth Perspectives Key Enablers Revenue (M ) Expand Export market for Eurofighter including increased industrial presence in export countries Foster Innovation with the introduction of new products like Advanced UAV 200% 100% Services Mission Air Systems Combat Air Systems Develop Services as a profitable business model MAS TARGET Sustainable, profitable business 6

7 MAS Combat Air Systems Global Fighters Trends Fighters Value of Production Units delivered Value US $ bn 15.19bn bn bn bn bn bn bn % Market Share ~78 $bn 17% 8% 6% 18% 5% % 2% 8% 25% Boeing F-18 Lockheed F-22 Lockheed F-16 Lockheed F-35 Dassault Rafale Eurofighter Sukhoi Su-27/30 Saab Gripen Others 7

8 MAS Combat Air Systems Strategy Eurofighter Core program and contracted export (Austria & Saudi Arabia) secure MAS revenue growth for the first half of next decade Eurofighter program in a mature phase with 168 aircraft delivered and over flight hours accumulated Eurofighter recognised today as the reference export available aircraft for Air Superiority with swing role capabilities with 707 aircraft on order 4-Nation consortium GE/SP/UK/IT boosting our global market penetration and reach Strong EADS focus to build in-country presence in export nations to generate sustainable follow-on support business

9 MAS Mission Air Developments Global UAVs Trends Production in US m$ UAVs Value of Production by Class % Market Share % 7% 20% 7% % 27% Tactical Naval MALE HALE UCAVs Civil Source: Teal Group Corporation 9

10 MAS Mission Air Systems Strategy Strongly positioned as a European leader in ISR UAS: HALE with EuroHawk under development contract in Germany and participation in NATO AGS GlobalHawk MALE with SIDM in operation with French forces in Afghanistan TUAV with Atlante under development in Spain Advanced UAV development and production contract expected 2010 will secure revenue growth in the next decade Export contracts and follow on enhancements are to be expected starting in the second half of the decade. Technology demonstration activities will pave the way for a future Unmanned Combat Air System program HALE High Altitude Long Endurance; MALE Medium Altitude Long Endurance TUAV Tactical UAV

11 MAS Services, MRO & Training Global MRO Defence Market Military Training & Simulation Market US bn$ USA & Europe US bn$ Outsourced Military Organic System & Maintenance Training Provision 11

12 MAS Services Strategy Leading military Through Life Support provider in Germany and Spain for own and foreign platforms provides a solid baseline to generate organic growth via: Capitalizing on outsourcing trends in home markets Access to future new platforms e.g. A400M and UAV Access to support of own platforms in export e.g. Eurofighter Strong market position in Flight Operations & Training in Germany, Spain and France enables further expansion of business scope including future UAV applications Establishment of Service Centers in dedicated Export countries will generate further growth

13 Content MAS Today Future Growth Perspectives Profitability Enablers 13

14 MAS Transformation, Enhancement & Reorganisation 2010 MASTER 2010 EFFICIENCY PROGRAMS LEAN Technology & Innovation Integrated Organization Drive Profitability New Products and Growth Efficiency gains and Synergies 14

15 Drive Profitability in MAS sustainable profitability improvement coaching & mentoring Leadership in LEAN practice walk the talk in real issues on the spot tools & systems application of LEAN LEAN principles Focus on Problem solving, Orientation towards Ideal State, Go and See, Structured Experiments, Standards Ongoing projects Area Activities Main Targets - streamline administrative processes Administration - broaden span of control Engineering Production MRO - streamline development process - reduce waste by analyzing daily work - lean trainings on all levels - definition of standard processes - setup of shop floor management and CI - supply chain aligned to demand Reduce overhead costs Improvement on cost, schedule performance, customer satisfaction Improvement on Cost, Quality and On-Time- Delivery TRT (Lead Time) reduction 15

16 MAS Technology & Innovation TCA, ECF, ACA, EAP, TKF, Jäger 90, EFA Eurofighter Enhancements X Development Contract EFM-Phase First Flight First Flight FCS Transfer VECTOR First Production A/C 2 A/C built -Phase UAV FTT, FTTu STOUT Barracuda First Flight FEMALE A-UAV UCAV Studies Demonstrators/Prototypes Products FUTURE COMBAT AIR SYSTEM Strong focus on innovation and cutting-edge defence technologies 16

17 Military Air Systems Centers Cross-border, integrated organization with competence centers in Germany, Spain and France close co-operation with customers significant synergies providing integrated solutions for the whole lifecycle of military airborne platforms 17