Today’s Agenda Morning GKN Aerospace Western Approach Presentation Site tour Lunch enroute Afternoon Celtic Manor Divisional presentations Financial overview Wrap up 1730h Evening Reconvene at 1830h Technology showcase and drinks Dinner GKN Capital Markets Day – 12 April 2011 1 22 months of Progress in Western Approach Marcus Bryson GKN Capital Markets Day – 12 April 2011 Facility Development – Western Approach GKN Capital Markets Day – 12 April 2011 3 Facility Development – Western Approach Creating a world class capability GKN Capital Markets Day – 12 April 2011 4 Facility Development – Western Approach GKN Lease commencement - April 2009 GKN Capital Markets Day – 12 April 2011 5 Facility Development – Western Approach GKN Lease commencement - April Ground Breaking – May 2009 2009 GKN Capital Markets Day – 12 April 2011 6 Facility Development – Western Approach Ground Breaking Foundations – May – 2009 July 2009 GKN Capital Markets Day – 12 April 2011 7 Facility Development – Western Approach Foundations – July 2009 AFP installation starts Nov 2009 & Handover April 2010 GKN Capital Markets Day – 12 April 2011 8 Facility Development – Western Approach Autoclave installation AFP installation starts Nov 2009 & Sept 2010 & Handover Handover April 2010 Jan 2011 GKN Capital Markets Day – 12 April 2011 9 Facility Development – Western Approach Clean Room and Facility Finished 22 Months from Empty Shell to Factory Start Up. Autoclave installation Sept 2010 & Handover Jan 2011 GKN Capital Markets Day – 12 April 2011 10 GKN Delivering Sustainable Growth GKN Aerospace – European Aerostructures Phil Swash GKN Capital Markets Day – 12 April 2011 GKNA Filton 2 years on…… Largest acquisition performed by GKNA 1500 personnel and over £300m annual sales Integration successfully completed and now into third year of strong and profitable contribution to GKN plc New working practices agreement concluded in 2010 Customer satisfaction very high Major new (non-Airbus) design and build contract secured in Q4 2010 Filton Site Filton Site Focus now on driving growth Western Approach Advanced Composite Manufacture and Assembly Site GKN Capital Markets Day – 12 April 2011 12 A350 XWB Wider, more comfortable Cabin incorporating innovative Airbus Cabin Vision features and personalised IFE Light, robust, repairable structure Aerodynamics for Mach 0.85 cruise with unequalled levels of efficiency Advanced Rolls Royce Trent XWB Engines delivering best levels of fuel efficiency, maintainability and environmental impact A380 Systems and Cockpit commonality Three variants: A350-800 – 270 pax A350-900 – 314 pax A350-1000 – 350 pax 571 Orders (28th Feb 2011) from 34 customers A350-800 156 A350-900 340 A350-1000 75 GKN Capital Markets Day – 12 April 2011 13 GKN A350 Participation, over $2m per ship-set Fixed Trailing Edge (FTE) assembly, landing flaps, cabin windows, and RR Trent XWB engine products (thrust struts, inner core fairings and blisks) Programme involvement spans: Engineering design, process development, tooling and manufacturing Introducing new technologies, e.g. advanced fibre placement and automated assembly systems Creation of our GKNA Centre of Excellence for composite spars (Western Approach) – A400M spars now also produced here Over £170m to be invested by GKNA over 5 years Fully integrated product teams working closely with customer and supply chain First A350 flying parts now in production GKN Capital Markets Day – 12 April 2011 14 A350 FTE & Assembly Design Outer Spar - 9.3m Mid Spar - 10.4m Inner Spar - 7.5m Three spars total over 27m in length with an accuracy of +/- 0.2mm The Fixed Trailing Edge assembly will weigh 1,630kg Over 500km of carbon tows (6.35mm * 0.25mm) used to make a set of spars, laid at 10kg/hr at full rate (hand-lay is c.1kg/hr) The FTE is 7% of total wing weight and supports 10x its own weight GKN Capital Markets Day – 12 April 2011 15 Composites Manufacture Five state of the art AFP machines Two 13m long autoclaves Three five-axis router / water jet machining centre NDT C-scan Up to 15m individual component manufacture Flexible manufacturing system Ability to lay UD pre-peg material over complex geometry Greater accuracy (more rigidity in gantry systems) Reduced recurring cutter costs Produces lighter components than other methods Clean Room layout GKN Capital Markets Day – 12 April 2011 16 Spar Process Flow Goods In Advanced Fibre Placement Mandrel Preparation Autoclave Cure Router Hot De-Bulk Non Destructive Testing Transfer to Cure Tool Paint To Assembly GKN Capital Markets Day – 12 April 2011 17 Composite Assembly Four five-axis heavy drilling and precision finishing machines Robotic technology for light drilling and precision machining Moveable jigs Step forward in FTE methodology Flexible manufacturing system High level of quality and repeatability High payload capability extends flexibility Automated Guided Vehicles (AGVs) for jig / component transportation Multiple AGV linking to carry longer components Ease of new product introduction GKN Capital Markets Day – 12 April 2011 18 Assembly Process Flow Spar and Details MRS & ORS Robot Drill Load to Jig IRS 5 Axis Drill Move Bolt & Assemble Despatch Digital Scan Joint GKN Capital Markets Day – 12 April 2011 Spar Integration Robotic drill & Integrate 19