LMI Aerospace Products and Services

Transcription

1 LMI Aerospace Products and Services Karin Anderson: Director, Composites Technology Center of Excellence June 4,

2 LMI Aerospace Overview > LMI Aerospace is a leading provider of structural components, assemblies, kits and tooling to the aerospace, defense and technology industries > Produces more than 30,000 types of aerospace parts, kits and assemblies for integration into a variety of civilian and military aircraft platforms Gulfstream Fuselage Kit Rotorcraft Machined Components Leading Edge 2

3 LMI Aerospace Overview > 17 facilities in 10 metropolitan areas > Successfully integrated nine acquisitions since 1996 > 2009E revenue of $267 million and operating profit of $28 million 1 > Solid customer relationships built over many years around our superior reputation for quality and on-time delivery Sikorsky Helicopter Cabin Assembly Gun Assembly Components 767 Winglet Modification Leading Edge (1) 2009E reflects midpoint of Company guidance as of 3/11/09. 3

4 An LMI Aerospace Company > In 2007, LMI expanded to include engineering capability by acquiring D3 Technologies (D3) > In 2008, LMI and D3 formed the Composite Technology Center of Excellence (CTCE) to consolidate the company composite know-how into a core group > In 2009, LMI expanded to include composites part fabrication, assembly and testing by acquiring Integrated Technologies, Inc (Intec) > LMI s acquisition of D3 Technologies and Integrated Technologies, along with the formation of the CTCE positions LMI to offer design engineering, aerostructures manufacturing and composite technology expertise. 4

5 LMI Integrated Design/Build/Test Engineering Services Aerostructures Manufacturing Integrated Design/Build/Test Services Composites Mfg and Testing 5

6 LMI Aerospace Facilities > LMI Aerospace is located throughout the United States providing services to the aerospace community for more than 60 years. Auburn Mukilteo Everett Sun Valley Wichita St. Louis Vista San Diego Mexicali Tulsa Dallas Irving Greenville Savannah Composites Forming Machining Processing Distribution Engineering Assembly HQ 6

7 Aerostructures Manufacturing > LMI Aerostructures fabricates, machines, finishes, and integrates formed, close tolerance aluminum and specialty alloy components and sheet metal products primarily for large commercial, corporate and military aircraft. The Aerostructures division manufactures more than 30,000 products for integration into a variety of aircraft platforms manufactured by leading original equipment manufacturers and Tier 1 aerospace suppliers. Business Jets Commercial Military Fuselage & Wing Skin Structural Sheet Metal & Machined Components Fuselage & Wing Skin Leading Edges Detail Interior Components Thrust Reversers Engine Nacelles 12 Major Assemblies 130 Sub Assemblies 7

8 D3 Technologies Engineering > D3 Technologies, Inc. is a premier provider of complex design and engineering services to the aerospace and defense industry. In addition, D3 provides program management to many clients in support of R&D departments and is actively engaged in the development of several next generation platforms. Boeing 737 / 757 / 767 Gulfstream 650 Commercial Boeing 787 Blended winglet design for Aviation Partners Boeing Structural design and analysis Tool design Design & Analysis Support Wing & Flight Control Surfaces Structural design and analysis for weight reduction activities on wing/empennage and fuselage Fuselage composite tooling 8

9 Engineering Staff Highlights > 79% hold Bachelor s degrees or higher in aerospace engineering or related discipline > 80% have greater than 10 years experience > Majority of engineering team have significant OEM or Tier 1 experience > Many are working on programs that require security clearances > Significant emphasis on next generation of engineers (employee referrals, active recruiting, cross functional training, college training programs and team building) 9

10 Experience and Education Engineering Breakdown by Experience Engineering Breakdown by Education More than 30 Years 11% Less than 5 years 9% Other 16% Associate 5% 25 to 30 Years 15% 5 to 9 Years 11% No Degree 12% PhD 1% Bachelor of Arts 1% 10 to 14 Years 16% MBA 1% Master of Science 12% 20 to 24 Years 21% 15 to 19 Years 17% Bachelor of Science 52% 10

11 Intec Composites Mfg and Testing > LMI s composites division, Intec, provides state-of-the-art manufacture, design, and test of composites, metal matrix, and other advanced materials. Intec s collaborative testing, machining, and fabrication processes reduce costs, reduce cycle time, and guarantee customers the highest quality and value in repeatable production parts. Testing Machining Fabrication Advanced materials aerospace test lab Large element, fullscale testing >500 channels 1 Million bits/sec A, B, C scans with real-time display Rapid prototyping of parts, tooling Machining of tight tolerance parts from advanced materials Composite tool machining Nomex, Kevlar, Aluminum, Titanium core profiling Precision hole drilling Fixed, Rotary Wing Aircraft & Satellite Hardware, Parts Laminates, sandwich, Graphite, Nomex, Kevlar, Aramids, Fiberglass, laminated metal Tubes, Clips, Ducts, Structural Shapes 11

12 Forward Looking Expansion Plans > In 2009, LMI is continuing to expand on our now joined composites capabilities Continue to integrate Intec with D3 and LMI Aerostructures Investing in increasing our composites manufacturing capacity Leaning out our processes to improve overall value to our customers > In the longer term, LMI plans include Adding automation capabilities Solidify infrastructure to offer design-build of complex composite structures 12

13 Contact Information > For further information, please contact: Melissa Underhill Executive Director, Marketing and Business Development LMI Aerospace, Inc. (425) Ext