EADS North America. North America Investor Forum 2010 New York, 18 th March Sean O Keefe CEO, EADS North America

Transcription

1 EADS North America North America Investor Forum 2010 New York, 18 th March 2010 Sean O Keefe CEO, EADS North America

2 Safe Harbour Statement 2 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 22nd 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 EADS Vision No.1 worldwide in Air and Space Platforms and platform-based systems Balanced Revenues revenues worth 80 bn and 50% outside Airbus by 2020 Services worth 20bn by 2020 the mission-critical service partner of our customers Globalization - 40% sourcing, 20% employees outside Europe and $10 bn of non-airbus revenues in the U.S. 10% EBIT before 2015

4 EADS 2020 Vision & EADS-NA Strategy To Achieve It 4 Vision is to be a leading prime contractor within 10 years and expand U.S. citizenship Organic Growth Market Market & Product Portfolio Introduce creative ways to sell EADS product portfolio Leverage Integrated Project Teams (IPT) Integrate U.S. market needs into EADS technology development M&A M&A achieving $10 billion in U.S. revenue and 25% of sales in services.

5 EADS 2020 Vision & EADS-NA Strategy To Achieve It 5 Vision is to be a leading prime contractor within 10 years and expand U.S. citizenship Organic Growth Market Market & Product Portfolio Maximize revenue Drive cross-selling synergies across U.S. subsidiary portfolio Address U.S. dollar challenges Minimize costs and increase shared services M&A M&A achieving $10 billion in U.S. revenue and 25% of sales in services.

6 EADS 2020 Vision & EADS-NA Strategy To Achieve It 6 Vision is to be a leading prime contractor within 10 years and expand U.S. citizenship Organic Growth Market Market & Product Portfolio Pursue strategic acquisitions to: Develop platform services and systems integration capabilities Expand U.S. industrial footprint to improve program win potential M&A M&A achieving $10 billion in U.S. revenue and 25% of sales in services.

7 EADS North America Has Surpassed the $1 Billion Revenue Threshold 7 $1,400.0 $1,200.0 $1,000.0 $800.0 $600.0 $400.0 $200.0 $- North America Revenues* 20% CAGR FY03 FY04 FY05 FY06 FY07 FY08 FY09 *Includes all US revenues except Airbus Future Growth Predicated On: Performing on current programs Capturing new programs as a prime contractor Executing strategic M&A activities Focus on platform services business

8 EADS Is Invested in the US 8 Successful prime contractor to Department of Defense Poised for strategic growth Incorporated in the U.S.; able to compete and win DoD business * Includes DS3 field locations and Airbus Americas

9 Programs: Current Priorities 9 Opening the door for EADS to do business with US DoD for the next century... Light Utility Helo ($2.5 billion +) 101 delivered, 54 on contract for FY10 EADS is the prime contractor Insourcing production model Validates prime/partner biz model HC-144A ($ billion) Proved our value/reliability to USCG HH-65C ($2 billion +) Visible presence in homeland defense and DC metro area TRS-3D Radar ($ million) Transatlantic partnership success

10 Programs: Opportunities On The Horizon 10 Organic growth opportunities to increase revenue and prove that we are here to stay... Automated Transfer Vehicle Space Shuttle cargo replacement Armed Aerial Scout Establish EADS as combat aircraft producer for US DoD Prime w/ major partner (LMCO) CVLSP Vertical lift support for ballistic missile launch sites HC-144A prime USCG direct procurement A400M US theatre airlift gap-filler

11 Takeaways 11 The Vision is for EADS to become a leading U.S. prime contractor by 2020 Expand product and service offering beyond platform sales In the short-term, U.S. Federal spending may flatten but services portion of the budget is expected to grow EADS-NA will develop capabilities in targeted high growth areas within the budget such as platform services Long-term, the U.S. Federal market is expected to continue growth and remain the largest in the world EADS-NA will continue to leverage its resources in business development, program management, and compliance to enable EADS global growth in the U.S. Federal market EADS-NA facilitates EADS growth in the U.S. by being close to the customer and by leveraging world class products and services.