Company Highlights February

Transcription

1 Company Highlights February

2 Finmeccanica: a global player Finmeccanica is a global aerospace, defense and security company based in Italy Finmeccanica is among the world s best performing high-tech companies in helicopters, swing role aircraft, training and tactical transport aircraft, defense electronics, defense systems, aerostructures, air traffic management systems, space infrastructures and satellite services More than 100 subsidiaries and 73,398 staff 2

3 Finmeccanica Organisation and 2008 Reported Results AERONAUTICS HELICOPTERS SPACE DEFENCE AND SECURITY ELECTRONICS ENERGY DEFENCE SYSTEMS TRANSPORT KEY 2008 FIGURES (EUR million) Revenues 15,037 Adj. EBITA* 1,305 New Orders 17,575 Order Backlog 42,937 R&D 1,809 Employees 73,398 2,530 M 3,035 M 994 M 4,362 M 1,333 M 1,116 M 1,759 M Alenia AgustaWestland Aeronautica Alenia Aermacchi Alenia Aeronavali Alenia North America Alenia Composite Alenia Improvement Alenia SIA Alenia Hellas Eurofighter GIE ATR GMAS SuperJet International SCAC Thales Alenia Space Telespazio SELEX Galileo Ansaldo Energia Oto Melara WASS SELEX Communications MBDA SELEX Sistemi Integrati SELEX Service Management Elsag Datamat Seicos Vega Group DRS Technologies (since Oct 2008) Ansaldo STS AnsaldoBreda KEY 2007 FIGURES (EUR million) Revenues 13,429 Adj. EBITA* 1,045 New Orders 17,916 Order Backlog 39,304 R&D 1,836 Employees 60,748 (*) Operating result before: - Any goodwill impairment - Amortisation of intangibles acquired under business combination - Restructuring costs of major, defined plans; - Other extraordinary income and expenses. 100% Finmeccanica Companies JVs and participated companies 3

4 Alenia Aeronautica A European leader Alenia Aeronautica is one of the major European players in aerospace Full integration capability through design, manufacture and support of advanced military and commercial aircraft Among the world leaders in aerostructures Best in class in technologies and in the industrial process of composite material Leader in the overhaul, maintenance and modification of military and civil aircraft Strong and reliable partner of the most outstanding aerospace companies worldwide 4

5 Growth, strong order backlog and outlook 2008 ATR, 787, A380 and Eurofighter second tranche drove increase in volumes and operating profit. EBITA benefits of the increased production in the civil segment and for the Eurofighter ( mln) (*) FY 08 FY 07 % change Revenues EBITA Adj. Margin Orders Backlog 2, ,9% 2,720 8,281 2, ,4% 3,104 8, Defense Revenues Outlook Backlog (EFA production & product support, ATR & special missions, C-27J, Boeing 787) and new Business Pipeline (EFA upgrade, M-346, regional & special missions, C-27J and Boeing 787) support Aeronautics flexibility and accountability. Margins sustainable due to operating leverage, efficiency measures and costs reduction. 54,3% Opportunities identified exploring DRS products & services on Alenia platforms to further enhance market presence in the U.S. and Canada (*) The results include Alenia Aeronautica, its subsidiaries and joint ventures 5

6 2008 Human Resources & skills Resources 13,907 19% Engineering 8,19% Staff 72,81% Manufacturing Education 29,32% Other 49,39% High school graduates 21,26% University graduates and Post graduates Engineers Aeronautics Mechanics Electronics Other university graduates Physics Mathematics Computer Sciences 6

7 Alenia Aeronautica centers of excellence Torino Caselle Final assembly Ground and flight test Logistic support Design System integration and flight simulators Torino/Alenia SIA Engineering systems Venegono / Alenia Aermacchi Trainer aircraft Venezia Overhaul and maintenance Venezia/SuperJet International Marketing, Logistic Support and special versions regional aircraft Nola Machining Large sheet metal fabrication Large panel assembly Pomigliano Design Metal bonding large structure sub-assemblies Structural laboratories Casoria Sheet metal Capodichino Logistic Components production Decimomannu Flight Test center Roma Foggia Carbon fiber and composite material technologies assembly Brindisi Overhaul and maintenance Grottaglie-Monteiasi B787 carbon fiber fuselage production Alenia Aeronautica Subsidiaries 7

8 World Presence Alenia Aeronautica main subsidiaries, main consortia, JVs and program suppliers SAPHIRE 8 Subsidiaries, JVs, Consortia Superjet 100 Program suppliers

9 Alenia Aeronautica Main Industrial links Military Programs BAE Systems Eurofighter Tornado Boeing 767 Tanker Dassault Neuron EADS Eurofighter Tornado L-3 Communications C-27J (JCA Program) Lockheed Martin F35-JSF C-130J Embraer AMX Commercial Programs Airbus A380 A340 A330 A321 Boeing Bombardier CSeries Dassault Falcon 2000 EX Falcon 900 EX EADS ATR42/72 Sukhoi Sukhoi Superjet family 9

10 The business lines main programs Military Airlifters Defense and surveillance aircraft Regional Aircraft Special Versions Aerostructures Trainer Aircraft Logistics and MRO 10

11 Eurofighter Typhoon Single and two-seater, twin turbofan engine, supersonic fighter, optimized for air superiority with air to ground capability. Partners Alenia Aeronautica (19,5%) EADS (43%) BAE Systems (37,5%) Company work share Airframe Left hand wing; Rear fuselage; Under wing pylons; Systems Navigation; Armament control & carriage; Utility control; Propulsion Orders - UK/Italy/Germany/Spain Austria 15 - Saudi Arabia 72 Expected Export Market: 300 Delivered Tranche Delivered Tranche

12 F35 - Joint Strike Fighter Alenia Aeronautica, as national leader for the F35/JSF airframe according to a MoU signed with Lockheed Martin, is participating to the development and will build the complete wing of this advanced aircraft as a second source. Moreover, Alenia Aeronautica is candidate in Italy for the final assembly line of the Italian JSFs, and for the creation of an integrated logistic support center. Basic Development phase from 2002 to 2012 Production phase from 2009 to

13 SKY-X UAS Technology Demonstrator Alenia Aeronautica is active in the Unmanned Aerial Systems segment through its participation in several national and international programs. The company in 2003 decided autonomously to launch the realization of an Unmanned Aerial System for supporting its Research activities and Technology demonstrations in this field. The experimental aircraft, named Sky-X, guarantees performances similar to those of a subsonic fighter. The Sky-X is the Alenia Aeronautica testbed dedicated to Autonomous Mission Management development. In March 2006 it received the Permit to Fly from the Italian CAA. In 2007 it matured Automatic Take-Off and Landing capabilities and synthetic vision technologies, and in May-June 2008 it demonstrated automatic join up and formation flying. First flight May 2005 With this flight Alenia Aeronautica has set a European record within the Unmanned Aerial Vehicle (UAV) field. Indeed the technological demonstrator Sky-X has been the first sophisticated UAV in Europe to fly in the over 1,000 Kg category 13

14 SKY-Y UAS Technology Demonstrator The Sky-Y MALE Technology Demostrator is a dedicated platform for validating several key enabling technologies for a surveillance Unmanned Aerial System in either a military and civil operational scenario. The Sky-Y is the system testbed for the Alenia Aeronautica MALE product, named Molynx, now in early development. Its characteristics are: innovative carbon fiber composite construction, heavy fuel/jp-8 engine (automotive diesel derivative), advanced datalinks, surveillance sensor integration (EO/IR, Multispectral, Synthetic Aperture Radar) and relevant data treatment, elaboration, fusion and distribution via Satellite Ground Terminals also. Following the issue of a Permit to Fly from the Italian ENAC in December 2008, in February- March 2009 it made demonstration ISR flight ISR Flights from Amendola AFB in Italy. First flight June 2007 In November 2007 the Sky-Y has made a consecutive eight-hour flight in Vidsel, Sweden, setting this way the endurance continental record for an aircraft of this class of over-one-tonne weight 14

15 NEURON A major European aerospace research program This program brings together and concentrates the best of the brainpower and the aerospace know-how of the main European Industries, in order to develop the tools of tomorrow s cost effective stealth combat aircraft. The french Company Dassault is the program lead company and Alenia Aeronautica is the major partner. The industrial agreement includes also SAAB, EADS-CASA, HAI and RUAG. Alenia responsibilities are related to aircraft systems, stealth and combat capability. First flight Expected in

16 C-27J Spartan medium tactical airlifter The C-27J provides unique performance in tactical transport missions under the most severe conditions, giving access to a wide range of airfields, including short unprepared strips, due to its excellent performance and autonomous operation capabilities. The C-27J presented by the C-27J team - composed by Alenia North America, L-3 Communications and Global Military Aircraft Systems - has been selected in 2007 as the winner of the Joint Cargo Aircraft program for the U.S. Army and the U.S. Air Force. Orders Italian Air Force (12) Hellenic Air Force (12) Bulgarian Air Force (5) Lithuanian Air Force (3) USAF/Army Air Forces (78) (JCA Program) Romanian Air Force (7) Moroccan Air Force (4) First deliveries Greece: September 2005 Lithuania: December 2006 Italy: January 2007 Bulgaria: October 2007 USA: September

17 ATR 42 MP Surveyor The Maritime Patrol ATR 42, an Alenia Aeronautica fully owned program, is able to perform a wide range of missions such as: Maritime Patrol, Surveillance, Search and Rescue, Pollution Detection, Medical Evacuation, Troops, Paratroops, Passengers and Cargo Transport. Equipment suite Mission Management System Surveillance Radar Electro-Optical System Electronic Support Measures Radio communications/data Link Orders Italian Guardia di Finanza (4) Italian Coast Guard (3) Nigerian Air Force (2) Libyan General Security (1) 17

18 ATR 72 MP Alenia Aeronautica is developing the ATR 72MP (Maritime Patrol), a new version of the ATR civil platform, currently under test by the Italian-French consortium ATR. The ATR 72MP is an enlarged version of the ATR 42MP, a maritime patrol aircraft developed by Alenia Aeronautica, with longer range and more capabilities thanks to its stretched fuselage, greater payload and larger fuel tanks. The aircraft also features significant growth capabilities. Equipment suite Self Protection System, including chaff and flare dispensers Mission Management System Electronically scanned search radar Electro-optical system ESM (Electronic Support Measures) system AIS (Automatic Identification System) Advanced communication system, including a wide array of radios and SATCOM capabilities Data Link 11 and 16 Orders: Italian MoD (4) 18

19 ATR 72 ASW This program is fully owned by Alenia Aeronautica, and it has been conceived to perform dedicated missions such as: ASW (Anti Submarine Warfare), ASuW (Anti Surface Vessel Warfare), SAR (Search and Rescue), Maritime and coastal surveillance. The Turkish Navy ordered 10 ATR 72 ASW (Anti Submarine Warfare). Equipment suite Mission Management System Surveillance Radar Electro-Optical System Electronic Support Measures Radio communications/data Link Chaff and flare for passive defence Acoustic system and sonobuoy launcher MAD system Armament launch system for torpedoes, antiship missiles and depth charges Orders: Turkish Navy (10) 19

20 Upgrading Activities G222/C-27A The Alenia Aeronautica G-222 is a medium-size STOL military twin-turboprop transport aircraft. Over 100 aircraft were built produced, including dedicated calibration, SIGINT and EW variants. Alenia estimates to continue supporting about 30 G-222 worldwide in the next years, including those aircraft being refurbished under contracts from the Nigerian Air Force and US Government, the latter on behalf of the Afghanistan National Army Air Corps. Tornado Alenia Aeronautica supports the Italian Air Force fleet, including the mid-life update program (MLU). Partner with EADS and BAE SYSTEMS since program inception, Alenia Aeronautica built the variable-geometry wings for the entire production run (929 aircraft) and assembled 99 machines for Italy, some of which later upgraded to Italian ECR standard. AMX Light attack and reconnaissance single-engine aircraft, available also as twin-seats advanced trainer. Alenia Aeronautica has been campaign leader of the industrial program, manufacturing all the central fuselage sections and managing the Italian production lines. Alenia Aeronautica s share in the program is 46,5%, Alenia Aermacchi 23,8% and Brazilian Embraer 29,7%. 20

21 Customer Support Effective Customer Support is an integral part of Alenia Aeronautica Supplies. We provide complete support to our Customers as they face their most challenging operations. Our dedicated organization provides Customer tailored solutions aiming at aircraft availability maximization and Through Life Support cost optimization. Advanced engineering competence, efficient supply chain control and prompt Customer Relationship Management are the fundamentals of our way to Customer Satisfaction. 21

22 Customer Support Cost effective Through Life Services: Integrated Logistic Support elements design and provision, aircraft and materials availability services, comprehensive and prompt in-house/on-site assistance, a rich training offer, including simulators and training aids supply, in-service data collection and analysis, configuration management, upgrades development and embodiment. Initial Integrated Logistic Support Spares Initial Provisioning Ground Support Equipment Technical Publications Training Simulators and Training Aids Field Service Representatives Follow-on Support Spares Re-provisioning Technical assistance Repair & Overhaul Operating support Publications updating Recurrent training Upgrades Turn key services Full contractor logistic support Materials availability by the hour Aircraft availability by the hour 22

23 Aerostructures Main production and technological capabilities Test Lab (complete static and fatigue tests on full size A/C) Primary structures and complete fuselage assembly Carbon fiber large components Open Structures Machining Metals manufacturing (aluminium, steel and titanium) 23

24 Boeing 787 Dreamliner Alenia Aeronautica has been selected as Small Prime with a share of about 14% of the airframe. A 50/50 JVCO (called Global Aeronautica) has been established with Vought in Charleston, SC, for carrying out the Pre-Integration of Central and Rear Fuselage. Alenia Aeronautica and Vought are responsible for over 60% of the fuselage. Up to now more than 850 aircraft have been ordered by 56 airlines. Program targets: Launch: April 2004 Production start: 2006 First flight: December 2009 Delivery:

25 Boeing Boeing 767 Boeing 777 Cooperation agreement The Boeing Co. (risk sharing, and single source supplier) Alenia Aeronautica work share Flaps, Slats, Ailerons, Spoilers, Elevators, Rudder, Vertical Fin, Wing Tips, Radome Deliveries (at Dec 2009): 994 shipsets Cooperation agreement The Boeing Co. (single source supplier) Alenia Aeronautica work share Outboard Flap, Radome Deliveries (at Dec 2009): 865 shipsets 25

26 Airbus A321 - A /600 - A380 Airbus A321 Airbus A340 Airbus A380 Cooperation agreement Airbus subcontractor Work share Fuselage Section 14/A Deliveries (at Dec 2009): 594 shipsets Cooperation agreement Airbus-UK subcontractor Work share A /600 Wing Ribs, and Tail Cone Deliveries (at Dec 2009): Tail Cone: 131 Wing Ribs: 138 Cooperation agreement Airbus-F (risk sharing and single source supplier) Work share In production: fuselage Sect 15 center upper unit, lower forward unit and center door panels for pax version Development: fuselage Sect 15 center upper unit, lower forward unit and center door panels for freighter version; fuselage floor grid; barrier wall Deliveries (at Dec 2009): 61 shipsets 26

27 Falcon 2000 EX New Version Falcon 900 EX Falcon 2000 EX New Version Falcon 900 EX Collaboration agreement Dassault (risk sharing, single source supplier) Work share Fuselage T5 section with Lower Vertical Fin and Baggage Door Deliveries at Dec 2009: 255 series Total cumulative deliveries (basic version plus new version) 486 series Collaboration agreement Dassault (risk sharing, single source supplier) Work share Side Nacelles and central Thrust Reverser. Deliveries at Dec 2009: 278 series 27

28 Bombardier CSeries Alenia Aeronautica and Bombardier Aerospace have signed an agreement for design, development, industrialization and production of important structural components of the CSeries, the new singleaisle jet with the capacity of up to 130 seats, under development by the Canadian company. Cooperation Agreement Bombardier (risk sharing and single source supplier) Alenia Aeronautica work share Vertical stabilizer in CFRP Dim. 5,15 mt x 6 mt Horizontal stabilizer in CFRP with patented technology of the Multispar Box Dim. 12,3 mt x 3,5 mt First delivery (May 2011) Firm orders 50 Options 50 28

29 ATR Family Twin turboprop regional transport aircraft designed and manufactured by the Company in a 50/50 joint venture with EADS. ATR42 (42-50 seats) and ATR72 (64-74 seats) are greatly appreciated by passengers and airlines for their high-standard comfort, low operating costs and easy maintenance. The ATR is the most recent evolution of the family, offering improved performance and quieter cabin. More than 120 customers in 70 countries world wide. Alenia Aeronautica work share (50%) Fully equipped fuselage, Vertical fin, Rudder, Horizontal empennages with related systems ATR42 ATR72 Total Orders::(at Dec 2009) Deliveries::(at Dec 2009)

30 Alenia Aermacchi Alenia Aermacchi is a leading company in the design and production of trainers for military pilots and offers a wide range of products that meet the requirements of all training phases: primary, basic and lead-in fighter. Since July 2003 Alenia Aermacchi has been integrated in Finmeccanica Group. Its facilities include laboratories and workshops for structural tests, a wind and a water tunnel in addition to an airfield for flight test activities. 30

31 Alenia Aermacchi M-346 The M-346 is the only new generation dedicated advanced/lead-in fighter trainer, currently under production in Europe. The aircraft is able to train pilots to fly on the new generation combat aircraft and it will be also used in all the advanced and pre-operative training phases. The aircraft is designed to the latest design-to-cost and design-to-maintain concepts, with avionics modelled upon those of the Eurofighter, Rafale, Gripen, JSF etc. Full digital cockpit: 2 HUD, 6 MFD, HOTAS Integrated embedded simulation 9 store stations In-flight refuelling probe max external load: 3000 kg First flight P01: July 2004 First flight P02: May 2005 First pre-series flight: July 2008 Orders: Italian MoD (6) 31

32 Alenia Aermacchi Commercial aircraft collaborations Airbus A380 Production: Translating Cowl Beams FFD Boeing 787 Development: Elevator Fan Cowl Sukhoi Superjet100 Development: Inlet Acac ARJ-21 Development/Production: Inlet Embraer ERJ 170 / 175 Production: Inlet Fan Cowl EBU AIRBUS A318/19/20/21 Production: Inlet Fan Cowl AIRBUS A330 Production: Inlet Fan Cowl Falcon 7X Production: Inlet Fan Cowl Falcon 900EX Production: Inlet Fan Cowl Pylon FFD Engine Mount Aft. Body 32

33 SuperJet International SuperJet International, a joint venture between Alenia Aeronautica (51%) and Sukhoi Holding (49%), is in charge of marketing, sales, customisation, delivery and after sales support of the Sukhoi Superjet 100 regional jet. SuperJet International is also responsible for the design and development of VIP and cargo variants. Up to know 122 aircraft have been ordered. The Sukhoi Superjet 100 is a family of seat new generation regional jets built by Sukhoi Civil Aircraft Company (SCAC) company participated for a 25% (+ one) by Alenia Aeronautica. 33

34 Alenia SIA Originally a System engineering Company, now about 320 resources. Since 1969, through the participation in the most significant aeronautics and space programs, Alenia SIA has achieved a significant experience in supporting the whole systems s life cycle through a complete suite of engineering services (e.g.: requirements definition, design, development, integration, Verification & Validation, logistic analysis, application/simulation SW, training and testing tools ) The involvement in always more complex and integrated activities, together with the focus on system/hardware/software safety oriented design allowed the Company to bear SDR for systems such as the Flight Control System of M346, with full responsibility on hardware, application software and safety critical Operating System of the Flight Control Computer. 34

35 Alenia SIA Products Flight Control Systems System: definition, integration e qualification OS and application SW: Definition, development, Integration e qualification. Safety Digital Infrastructure Real Time Kernel, redundancy management Simulation & Test Integration rigs, data acquisition systems Maintenance test systems Training suites 3D environments for maintenance training Computer Based Training (CBT) Services System analysis and design From feasibility studies to integration and qualification RAM, Safety and logistic support analysis System/SW design and development According up to RTCA DO178B Lev.A / CENELEC SIL4 standards independent Verification e Validation Product Life Cycle support Simulation and models development Integrated logistic support 35