Welcome to GKN · PDF fileWelcome to GKN Aerospace ... • £170M invested in new...

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Welcome to GKN Aerospace Filton and Western Approach Neil McManus| CEO Aerospace Europe & Special Products John Pritchard| VP & MD GKN Metallics

Transcript of Welcome to GKN · PDF fileWelcome to GKN Aerospace ... • £170M invested in new...

Welcome to GKN Aerospace Filton and Western Approach

Neil McManus| CEO Aerospace Europe & Special Products

John Pritchard| VP & MD GKN Metallics

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INVESTOR AND ANALYST VISIT TO GKN AEROSPACE SITES OCTOBER 2013 Investor Visit – GKN Aerospace – August 2014

GKN Aerospace

£2.2billion International Aerospace enterprise

32 sites, approx 12,000 people

Kevin Cummings

CEO

GKN Aerospace

Daniele Cagnatel

GKN Aerospace

Aerostructures

North America

Neil McManus

GKN Aerospace

Europe

Mike McCann

GKN Aerospace

Engine Systems

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INVESTOR AND ANALYST VISIT TO GKN AEROSPACE SITES OCTOBER 2013 Investor Visit – GKN Aerospace – August 2014

Lead in

chosen

markets

Excellent customer

relationships

Building stronger strategic relationships

New customers

Leverage

global

footprint

Globalise our business

Develop more business in Asia and Americas

Extend global value chain

Customer proximity

Technology

driving

margin

Deliver customer-

valued innovation

Innovation in key products

Process innovation

Partnering with customers on unique technologies

Operational

excellence

Safe, lean operations

Improve safety performance

Class leading cost, quality, delivery

Fully implement Lean in whole value chain

Values – walking the talk

GKN Aerospace – Making things fly

Sustain

above market

growth

Increasing share with current customers

Partnering on new programmes

Bringing new technologies to market

Successful acquisitions

17% CAGR achieved

2005-2013

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INVESTOR AND ANALYST VISIT TO GKN AEROSPACE SITES OCTOBER 2013 Investor Visit – GKN Aerospace – August 2014

GKN Aerospace

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INVESTOR AND ANALYST VISIT TO GKN AEROSPACE SITES OCTOBER 2013 Investor Visit – GKN Aerospace – August 2014

Transparencies

and Protection

Systems

Special products 5% of Sales 2013

Nacelle and

Pylon

Engine structures 50% of Sales 2013

Engine Systems and Services Wing Fuselage

Aerostructures 45% of Sales 2013

A380 Fixed Trailing Edge

A350XWB Rear Spar

A330 Flap Skins

B767 Winglet

J-UCAS Fuselage

CH53K Aft Fuselage

B787 Floor Grid

HondaJet Fuselage F35 Canopy

B787 Cabin Windows

V22 Fuel Tanks

B787 Anti-icing System

Full Engine MRO and support

Ariane 5 Exhaust nozzle

B787 Inner Core Cowl

A400M Engine Intake

B747-8 Exhaust

Engine structures Engine rotatives

GKN Aerospace – World class product portfolio

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INVESTOR AND ANALYST VISIT TO GKN AEROSPACE SITES OCTOBER 2013 Investor Visit – GKN Aerospace – August 2014

Market drivers bringing opportunities

Fuel price

Noise

legislation

Increasing

passenger

travel in

emerging

markets

Higher fuel

efficiency

Better noise

attenuation

Increasing

demand for

aircraft

Engine

technology

changes

- hotter cores,

lighter fans

New materials

– composite

fans/cases,

titanium

replacing

composites

Airlines

renewing

fleets

sooner

GKN technology

composite fans and

cases for future large

aircraft

Strong position on

geared turbo-fan

Specialist titanium

engine structures for

next generation engines

Winglets and future

wings

Light weight composite

Increased new aircraft

sales

Drivers GKN opportunity Requirement Solution

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INVESTOR AND ANALYST VISIT TO GKN AEROSPACE SITES OCTOBER 2013 Investor Visit – GKN Aerospace – August 2014

GKN Aerospace – well positioned for the future

1 2 3 4 5 6 7 8

C17

F/A-18

CH53-K

JSF

A400M

C130J

V22

Blackhawk

A380

A330

B787

A350

HTF7000

B737 / A320

Ship set values $m

Co

mm

erc

ial

M

ilit

ary

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INVESTOR AND ANALYST VISIT TO GKN AEROSPACE SITES OCTOBER 2013 Investor Visit – GKN Aerospace – August 2014

Next generation

composite processes

Advanced

metallic processes

Advanced process development

Transparencies

and coatings

Future product differentiation

Future wing

technologies

Advanced

fuselage

Nacelle, pylon

and exhaust

Engine

structures

Engine

rotatives

Ice protection

systems

Technology – Targeted innovation

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INVESTOR AND ANALYST VISIT TO GKN AEROSPACE SITES OCTOBER 2013 Investor Visit – GKN Aerospace – August 2014

Capital allocation

Effective make or buy

Requires time to recover

Volvo Aero and new

programme investments

GKN technologies bringing

customer value

Balance between partnerships

and long-term agreements

Lean deployment throughout

value chain

Good position on existing

and new commercial

programmes

On the right military

platforms

Strong cashflow

GKN Aerospace summary

ROIC

>20%

Growth c.2%

above market

Margin range

11% to 13%

Business

performance

Welcome to

GKN Aerospace Filton

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Filton – A Century of aircraft manufacturing expertise

1910

British & Colonial Aeroplane Company founded at Filton – Bristol Boxkite first aircraft manufactured

1949

First flight of the Brabazon

1960’s & 1970’s

Concorde

146 Regional Jet Fuselage – fully equipped and tested

Tornado machined components

A310 trailing edge

1980’s & 1990’s

First A321 fuselage section delivered

Airbus A330/340 major sub-assemblies, Leading edge & trailing edge

Outer wing box

2000’s

A380 components and trailing edge assembly

A400M components, leading and trailing edge

Today - GKN Aerospace Filton

Manufacture of major sub-assemblies and components for every Airbus aircraft

Dassault wing moveables design build package

JSF machined components

Other customers include Rolls Royce, Cobham, BAE Systems, Boeing and Triumph

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Machined Primary Structural Components Gear Ribs Pintle Fitting Rib Centre of Excellence

Major Assembly & Integration Wing Box Leading Edge Trailing Edge

Structural Sub-Assembly

Flight Control Surfaces Shroud Box Fixed Shroud

This is GKN Aerospace Filton – Overview

Sales: £387m

Workforce >1,750

including >100 Design

Centre Engineers

Facilities: 105,000sqm

Programmes:

Large Civil

Military Transport

Biz Jet

Military Fast Jet

Wing Systems Fuel Anti-Ice Bleed Air Pneumatics Hydraulics

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GKN Filton – A Growing Business Investing in the Future

New Customers

Joint Strike Fighter

Dassault

Boeing

Triumph

Facilities

£23M capital investment since 2009

£30M projected over next 3 yrs (~70% on increasing capacity)

Filton Engineering Centre established

New technology investment – Linear Friction

Welding & Additive Manufacture

People

Safety

Employee engagement

Education and Community support

Apprenticeship programmes – supporting the site

infrastructure & ensuring we are fit for the future

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The possibilities and benefits are exciting

Unlocks materials science

Only uses the material you need - uses less material

Design no longer constrained by conventional manufacturing processes

Allows design for functionality

Speed and flexibility of development

A revolutionary set of technologies – not evolutionary

Phased introduction is implicitly required

Secondary derivative structure before primary optimised

Need to pin variables to gain acceptance

Process and material are now linked like never before

Big challenge to the industry in evaluation

How to certify

New and novel QA techniques required

GKN Additive Manufacturing

Welcome to GKN Aerospace Western Approach

August 2014

Steve Colebrook – General Manager, Western Approach

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Safety – GKN Core Value

• Please stay with your host at all times

• Remain within designated gangways whilst on production floor

• PPE rules to be respected at all times

• Keep hands-off raw material and cured carbon

• No Test Fire Alarm schedule for today

• Emergency Exits are clearly identified, remain with your host and follow

them to the Muster point

Have a Safe and Enjoyable visit

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GKN Western Approach

• £170M invested in new state-of-the-art composite wing structures

manufacturing and assembly facility

• Over 30,000m2 of floor space

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Advancing GKN Capabilities on A350XWB

Western Approach – GKN’s Centre of Excellence for major composite primary structure components

First Advanced Fibre Placement spar manufacture – largest composite part in GKN

First FTE automated moving assembly system

Fully integrated product teams working closely with customer and supply chain

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Outer Spar

Mid Spar

Inner Spar

A350 Fixed Trailing Edge Design

3 Spars total over 27m in length with an accuracy of +/- 0.3mm

Total weight of spar carbon is 1230kg/aircraft

FTE assembly weighs 1800kg

The FTE is 7% of total wing weight and supports 10x its own weight

First “large Scale” assembly operation undertaken by GKN

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Spar Process Flow

Goods In

Advanced Fibre

Placement

Transfer to

Cure Tool

Autoclave

Cure Router

To

Assembly

Mandrel

Preparation

Paint

Non Destructive

Testing Rib-Post Assy

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Assembly Process Flow

Spar

and

Details

Despatch

Load to Jig

Spar

Integration

IRS 5 Axis Drill

MRS & ORS Robot

Drill

Bolt & Assemble

Digital Scan Joint Robotic drill &

Integrate

Move

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Integration Jig – Port & Stbd

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FTE in Jig Customer

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Wing Static Test

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A400M Atlas

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ATL Manufacture

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A400M Spar Manufacture

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A400m Stiffeners – Composite Details

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Tour of Western Approach

Visits to:

Advanced Composites Centre of Excellence

Automated Assembly Facility

Thank you for your visit