MECACHROME. The high-end complex parts specialist for the Aerospace industry

Size: px

Start display at page:

Download "MECACHROME. The high-end complex parts specialist for the Aerospace industry"

Shauna Ross
5 years ago
Views:

1 MECACHROME The high-end complex parts specialist for the Aerospace industry

2 A leading integrator in precision engineering Mecachrome creates value through innovation and operational excellence. 400 Mecachrome creates value through innovation and operational excellence 50 Investments in 2016 in million euros 1937 Year Of Creation 14 Location worldwide Headcount in

Unique relationship with customers, aiming at

recognition with unique blue-chip & high-end customer

metal Business divisions 17% % in 2017e sales 1 41% 25%

Commercial relationship length (# years) Note 1

3 Unique relationship with customers, aiming at developing win-win partnerships Superior customer recognition with unique blue-chip & high-end customer portfolio Aerostructure Aeroengine Automotive Sheet metal Business divisions 17% % in 2017e sales 1 41% 25% 17% Selected customers xx Commercial relationship length (# years) Note 1 Including corporate eliminations allocated between segments and excluding Others 17

4 International expansion Revenues ( m) a 2013a 2017e 2020e Historical footprint European add-on Low cost footprint Potential new developments France Canada Portugal Morocco Tunisia USA India China Historical international footprint in France and Canada representing the industrial engine of MECACHROME Skilled workforce Deep technological expertise and know-how Focus on most value-added workpackages & tasks Complex packages Critical aerostructures parts of various metals (e.g. titanium, aluminum) Engine parts Engineering capabilities / design offices Development in Portugal to strengthen European footprint Lower labor costs Proximity with French footprint to minimize travel time Skilled workforce able to work on packages requiring specific technological knowledge Core competencies: Hard metals sheet metal parts Hard metals machining International expansion in Morocco and Tunisia Low-cost workforce Manufacturing and assembly of packages for: Labour-intensive works where wage savings offset higher logistic cost Less complex tasks with lower zero-default constraint Core competencies: Aluminum sheet metal parts / welding / machining Assembly Deburring and straightening Surface treatment up to 18 ft / 6m Mid-term growth plan to strengthen presence in the USA and enter Asian market Well-advanced plan to develop US presence (see next page) Opportunist to developments in Asia, but not a short-term priority 21

Our expansion contributes to better service for our clients around the world Mecachrome Normatec 129 000 ft² - 40 employees MIRABEL SETUBAL EVORA TANGER TUNIS MK Vibraye 64 580 ft² - 75 employees MK

5 Our expansion contributes to better service for our clients around the world Mecachrome Normatec ft² - 40 employees MIRABEL SETUBAL EVORA TANGER TUNIS MK Vibraye ft² - 75 employees MK Atlantique m² employés MK Automotive ft² employees Headquarter & MK Amboise ft² employees MK Aubigny/Nère ft² employees Mecahers ft² employees MKAD ft² - 80 employees NORTH AMERICA EUROPE NORTH AFRICA FRANCE 1 Production site 1 Design office Mecachrome Canada ft² employees 2 Production sites MK Aeronautica Setubal / Evora ft² - 96 employees ft² ft² area 42 employees 2 Production sites MK Aero ft² - 95 employees Mecahers Aerospace ft² employees 9 Production sites 1 Design office 1 R&D center 1 Hardware center 03/04/2018 6

Our ever more efficient means of production

6 Our ever more efficient means of production More than400 machines Machining up to 5 axis 18 Vertical turning lathes 72 Vertical machining centers 230 Horizontal machining centers 43 Horizontal turning lathes 31 Gantry milling machines 19 Multiaxis NC milling machines 7

er potential for differentiation, leveragi

7 What is MECACHROME DNA about? The high-end complex parts specialist for the Aerospace industry Reputation of excellence with commercial strategy focused on large and/or complex parts where MECACHROME benefits from: Superior added value and hence pricing power Higher potential for differentiation, leveraging MECACHROME specific skills & processes Recognized expertise in hard metals (e.g. titanium, inconel) machining Superior share of hard metals parts within MECACHROME activity portfolio Strong barriers to entry in this activity, with few players having the required expertise, processes and machinery This includes notably: Large aerostructure packages High-spec aeroengine parts Large & complex parts Hard metals Meeting clients price / specs targets with high value-added specialty metal parts Proprietary processes, relying upon a strong innovation culture, allowing for substantial efficiency gains Leveraging industrialization expertise (e.g. LEAN, 6 SIGMA) developed in the automotive sector for commercial aerospace applications Strong experience in automated production cells Significant in-house R&D efforts and IP (patents) to increase technological edge (e.g. cutting tools) Processdriven Differentiating expertise beyond machining, both upstream (design) and downstream (surface treatment, assembly) Thoughtful industrial footprint with historical and modernized core engine (Europe and Canada, incl. 4.0 sites) and integrated low-cost production sites (Portugal, Morocco and Tunisia) Digital transformation well advanced Already 3 paperless sites 4

8 What is MECACHROME DNA about? The high-end complex parts specialist for the Aerospace industry Case study on a recent landmark achievement: the TiAL low-pressure blades for the Leap aeroengine R&D & Advanced Process Engineering capabilities Nesting patent (blades nested in a cylinder of TiAL) Cutting tools design & in-house manufacturing (optimizing machining cycle times & cutting tool life times, while ensuring the desired quality) Concurrent engineering (along with SNECMA) of the blade design Test plan (to select the best process example: milling versus grinding - and the best machines) Successfully delivered highspec TiAL parts Best cost structure achieved 65% share of Leap Engines market Industrialisation capabilities Automated lines (incl. several handling & process robots, for deburring applications for example) Full traceability & interlocking solution 6-SIGMA studies to make the overall process steady & repeatable Paperless process: inspection, production & quality data traceability Ramp-up (volume & quality) as planned Global TiAL Blade leadership position 1 built from scratch Project management & production capabilities PMI (Project Management Institute)-compliant Project Management Practices executed along the entire project Autonomous Production Unit (APU) organization Fluorescent Penetrant Inspection (FPI) training Critical process de-risking activity (like for plasma coating) 5

Unique relationship with customers, aiming at developing win-win partnerships MECACHROME offering: Differentiating offering across the value chain Value chain steps Design Material Machining

Partnership Example: LTA with Norsk Titanium to explore HDR wire-based additive manufacturing potentials in Europe & North America Vertical Integration: improved forging buy-to -fly and removal of

Chain Management Process stability follow up (SPC) Cutting tools Cutting tools technology center (to manufacture tools designed by MECACHROME and sharpen inserts MECACHROME IP) Automated deburring

9 Unique relationship with customers, aiming at developing win-win partnerships MECACHROME offering: Differentiating offering across the value chain Value chain steps Design Material Machining Finishing Surface treatment Assemblies Delivery MECACHR OME expertise Codevelopment Examples: LEAP Low Pressure blade nesting & design optimization Open Rotor 25+ parts built to specification Partnership Example: LTA with Norsk Titanium to explore HDR wire-based additive manufacturing potentials in Europe & North America Vertical Integration: improved forging buy-to -fly and removal of non valueadded interfaces Industrial Delta (Advanced Process Engineering Team) Optimal machines Partnership (with MAZAK, Sud- Ouest Systems & Dufieux) Methods & training Lean & 6 SIGMA MRP2 Supply Chain Management Process stability follow up (SPC) Cutting tools Cutting tools technology center (to manufacture tools designed by MECACHROME and sharpen inserts MECACHROME IP) Automated deburring for blades Unique low cost short cycle circuit with deburring in Tangier for Northern Europe machined parts Process integration Includes NDT, TSA 1, CAA 2, Alodine, painting, shot peening, plasma coating Standard components Customized components MKS (MECACHROM E Service) provides fittings and other standard / customized components to all MECACHROM E Plants (in order to facilitate purchasing negotiations and share inventories) Customs management Shipping management (inclusive of special transportation) Packaging design Notes 1 Tartaric and Sulphuric Acid treatment 2 Chromic Acid Anodise treatment 19

Strong engineering culture and skillset Selected

Cryogenic machining Additive manufacturing R&D

innovation to renew MECACHROME business model and

strategy supported by 13 active patents Focus on: Dry

machining performance reduce environmental impact Buy to

material purchase MECACHROME R&D road map 1 2011 2013

steel and nickel-based alloys Cryogenic machining

Optoclamp innovative part clamping systems Optocut 2&3D

optimise 2D/3D nesting γ-tial blade manufacturing

0 production line Innovative raw material forming

Direct material deposition High deposition rate

10 Strong engineering culture and skillset Selected illustrations Thoughtful R&D strategy 2D / 3D nesting Cryogenic machining Additive manufacturing R&D objectives Innovation strategy pursuing breakthrough innovation to renew MECACHROME business model and maintain leadership position in core business Innovation strategy supported by 13 active patents Focus on: Dry and cryogenic machining implementation: improve machining performance reduce environmental impact Buy to Fly ratio reduction follow customer strategy reduce material purchase MECACHROME R&D road map Dry machining Dry machining of aluminium, steel and nickel-based alloys Cryogenic machining Machining monitoring Optimised programming Nesting Optoclamp innovative part clamping systems Optocut 2&3D software, process, machine, and manufacturing route to optimise 2D/3D nesting γ-tial blade manufacturing Innovative manufacturing route Advanced cutting tools 4.0 production line Innovative raw material forming Additive manufacturing Additive layer manufacturing Direct material deposition High deposition rate technologies Advanced products manufacturing Hybridation of technologies Product dedicated CNC machines and lines Innovative production cells 14

Unique relationship with customers, aiming at developing win-win partnerships MECACHROME offering: Win-win approach with customers Still ample areas for improvement in the aerospace industry Massive

material used through the manufacturing process to the final part) remains a key productivity issue Typical buy-to-fly ratio in the aerospace industry is ~20 to 1 for Aluminium 35 aerostructure parts

11 Unique relationship with customers, aiming at developing win-win partnerships MECACHROME offering: Win-win approach with customers Still ample areas for improvement in the aerospace industry Massive areas of processes improvement in the aerospace processes while OEMs are looking for productivity gains across their supply chains In particular, the buy-to-fly ratio (weight ratio of the raw material used through the manufacturing process to the final part) remains a key productivity issue Typical buy-to-fly ratio in the aerospace industry is ~20 to 1 for Aluminium 35 aerostructure parts across the value chain from smelting to final machining Mass index (1 for final part) selected examples >20x ~5x >2x Upstream Machining Final parts Opportunities for most innovative suppliers MECACHROME has demonstrated its ability to suggest innovative processes which generate significant savings for its clients Potential to improve upstream (forging/rolling)- machining interface Potential to improve machining processes to reduce chips & reverts, as illustrated below, without requiring any process new certification. Patented 3D Nesting MECACHROME approach consists in sharing such productivity gains with its customers Aerostructure - Aluminium Aerostructure - Titanium Aeroengine - Titanium x Mass ratio: materials input weight / final part weight Nesting of small parts with large parts to reduce chips rate 20

Head of Finance Cross-functional assignment involving both the

12 MECACHROME 4.0 transformation roadmap MECACHROME is engaged in a group wide 4.0 transformation Strong management focus with 4.0 steering group led by MECACHROME Head of Strategy and Deputy Head of Finance Cross-functional assignment involving both the R&D, IT and industrialisation functions within the Group R&D IT systems / mgmt Proven achievements with 3 paperless plants Industrialisation 24

13 Introduction to MECACHROME Aerostructure Illustrations of MECACHROME competencies 31

14 Key MECACHROME Aerostructure work packages Alongside leading OEMs on most commercial aerospace platforms Aircraft Program Airbus Boeing Bombardier Dassault ATR Embraer NLGB Floors Engine Pylone Parts Wings Spars Wing Ribs Fuse Frames Window Frames Workpackage A320 & NEO A330 A350 A380 A400M Beluga XL B787 B767 B777X CL350 CRJ 200 CSeries Global Global 7000 Learjet 45 Q400 Falcon 900/2000 Rafale ATR42 ATR72 E190 Phenom Gulfstream G650 Others Sliding Table Nacelle Frames & Beams Trunnions Wing Skins Wing Parts Doors (Hatch & ECS) Inlet Keel Beam Other Parts xxk 2017 exposure by shipset 32

15 Introduction to MECACHROME Aeroengine Illustrations of MECACHROME competencies 33

16 Key MECACHROME Aeroengine work packages Workpackage Client name Turbine Shaft Front Cone Disks Labyrinth Disk Compressor Pool Blade Abradables Small, Intermediate & Large Casings Combustion Chamber Turbine Component Bearing Mobile Straightener Safran Leap-1A/C Leap-1B Silvercrest Others Rolls-Royce T1000 & T900 Others MTU Various engines Safran Transmission Systems Various engines Siemens Aftermarket Service Center Various engines Famat Various engines Industria de Turbo Propulsores Various engines xxk 2016 exposure by engine (irrespective of the workshare on the program) 34

Focus on design office capabilities Design office set-up Aerostructure Automotive Strong engineering capabilities supported by 2 design offices in France and Canada Key engineering services Engine

17 Focus on design office capabilities Design office set-up Aerostructure Automotive Strong engineering capabilities supported by 2 design offices in France and Canada Key engineering services Engine pylons Complex structures High performance engines Design from scratch Innovative & advanced solutions To ensure proper workload and the sustainability of a large and high-level in-house engineers skillset, design offices are primarily working for external clients Supporting in-house developments (e.g. build-tospec content) when MECACHROME is involved in the design of parts Engineering office Montigny le Bretonneux Most of MECACHROME assignments being build-to-print (yet MECACHROME still differentiating itself through its innovative process solutions) Saint-Laurent Key customers 42

18 MecaMat Mecachrome s Buy to Fly improvement global approach 03/04/

19 Value analysis 96% material is an additional cost material value Dry to Fly Dry to Fly 42% value of the finished product Elaboration Roll milling Cutting Machining Dry to Fly Dry to Fly Machining chips and solid waste 30% cost savings 03/04/2018

20 2D Nesting 2 technological solutions already on production: OptoClamp : optimization of part clamping & manufacturing process to minimize the amount of material used per product OptoCut-2D : optimization of the positioning of parts (outfits) in standard plates to minimize the cost of the material per part and optimize the OEE of the processing machine <-> <-> <-> <-> <-> <-> <-> 82 <-> <-> <-> -16% <-> <-> <-> <-> 90 C 57 <-> <-> <-> <-> C65 <-> C65 <-> <-> C64 C C 57 <-> <-> <-> <-> <-> <-> C 67 <-> <-> <-> <-> <-> <-> C 66 C 66-13% M61 M61 <-> <-> <-> <-> <- M58 M58 65 > 69 <-> <-> <-> <-> <-> -18% <-> <-> <-> <- > <-> <-> <-> <-> M60 M C 67 M 57 M60 <-> <-> <-> M 67 <-> <-> <-> <- M71 M M <-> <-> <-> M 66 > <-> <-> <-> <-> <-> <-> <-> <-> <-> <-> <-> <-> <- 103 <-> <-> <-> M <-> <-> <-> > <-> <-> <-> <-> -4% <-> <-> -12% <-> -9% <-> <-> <-> <-> <-> < <-> <-> <-> <-> <-> <-> 92 > <-> <-> <-> 100 C <-> <-> <-> 62 C 59 C 59 M M C 62 M M M M C69 <-> <-> <-> <- > <-> -9% <-> <-> M M 59 C69 03/04/2018

21 patented technological solution on industrial validation 3D Nesting OptoCut-3D : optimization of the positioning of parts (3D cutting) to minimize the amount of material used per product and the quantity of chips (with no need to qualify the process) Buy to Fly ratio -30 to -50 % 03/04/2018

22 3 D Nesting ppplication cases 45 mm (700 x 60) (700 x 90) (700 x 90) (770 x 90) (770 x 90) -22% (1100 x 60)

Global approach proposed Searching in OEM / Tier 1drawing database sorted by thickness / material norm 1 2 3 4 Optimized nesting A Nesting proposal without optimization taking into account

23 Global approach proposed Searching in OEM / Tier 1drawing database sorted by thickness / material norm Optimized nesting A Nesting proposal without optimization taking into account distribution OEM / apart OEM Contracts <-> <-> <-> <-> <-> <-> <-> renegociation in a Mother billet given time period. 82 <-> <-> <-> <-> <-> <-> <-> > < C64 90 C64 > < Convergence to > < C 57 C 57 <-> <-><-> <-> <-> <-> <-> <-> <-> <-> <-> <-> <-> <-> OEM % nesting A C65 C65 2 <-> <-> <-><-> <-> <-> <-> 90 earning G C 57 < > Mother billet C64 C C 57 <-> <-> < <-> > <-><-> C65 <-> <-> C65 < > Mother billet > < C64 C64 > < > < C 57 <-> <><-> <-> <-> <-> <-> <-> <-> <-><-> <-> <-> <-> 90 C 57 < > <-> <-> < <-> > <-><-> C65 <-> <-> C65 < Apart OEM % earning H Complementary study of extractable blocks and parts manufacturing in 3D cutting / Bucket cut 2 3 Extraction from drawing database of thicknesses below to find parts to be manufactured in these blocks and evaluation of savings Complement : study of parts cuttable with 3D process : 2 Patented

24 Global nesting approach Already experienced with another Tier 1 with high savings (>20%) Quickly applicable beacause based on workshop experience of a machining company Based on savings success fees: No direct cost MecaMat Proposal Summary Mecachrome is acting as a service provider : Global nesting plan proposal or Global nesting plan proposal + cutting Existing machining company can be kept to enable fast savings. Only one requirement for maximum savings: have access to the parts drawings database as globally as possible under an NDA To start, a pilote case can be made on just a defined part of the database (chosing parts of a defined thickness).

25 Appendix

Presentation of key sites and industrial tools (1/5) Sites Site overview Key

392 2016 revenue: 107m Within Aerostructure division Soft Metal: 10 gantry

axis, single-spindle, up to 4m Hard Metal: 10 gantry machines, 3&5 axis, 2 to

Assembly Aubigny Total FTE: 538 2016 revenue: 85m Within Engine division Soft

20 vertical lathes, 2 to 5 axis up to 2.

axis, single-spindle up to 3m Bully-Les- Mines Total FTE: 41 2016 revenue: 5m

26 Presentation of key sites and industrial tools (1/5) Sites Site overview Key information 1 Site key characteristics Product illustration Amboise Total FTE: revenue: 107m Within Aerostructure division Soft Metal: 10 gantry machines, 3&5 axis, 1 to 3 spindles up to 23m 14 machining centres, 3,4&5 axis, single-spindle, up to 4m Hard Metal: 10 gantry machines, 3&5 axis, 2 to 4 spindles up to 16m 12 machining centres 3,4&5 axis, single-spindle up to 3m Assembly Aubigny Total FTE: revenue: 85m Within Engine division Soft Metal: 20 machining centres, 3,4&5 axis, single-spindle up to 1m Hard Metal: 20 vertical lathes, 2 to 5 axis up to 2.5m 24 horizontal lathes, 2 to 5 axis up to 3m 46 machining centres, 3,4&5 axis, single-spindle up to 3m Bully-Les- Mines Total FTE: revenue: 5m Within Aerostructure division Soft Metal: 12 machining centres,3 to 5 axis, single-spindle up to 6m Note 1 FTE as of December

Presentation of key sites and industrial tools (2/5) Sites Site overview Key information 1 Site key characteristics Product illustration Nantes Total FTE: 228 2016 revenue: 18m Within Aerostructure

5m 1 machining centre, 5 axis for roller chain Sablé Soft Metal (automotive): 130 machining centres, 4&5 axis, single-spindle up to 2m Total FTE: 510 2016 revenue: 78m Hard Metal (aeronautic): Within

27 Presentation of key sites and industrial tools (2/5) Sites Site overview Key information 1 Site key characteristics Product illustration Nantes Total FTE: revenue: 18m Within Aerostructure division Soft Metal: 5 gantry machines, 3 axis, 1 to 3 spindles up to 12m 4 machining centres, 4 axis, single-spindle up to 1.5m 1 machining centre, 5 axis for roller chain Sablé Soft Metal (automotive): 130 machining centres, 4&5 axis, single-spindle up to 2m Total FTE: revenue: 78m Hard Metal (aeronautic): Within Engine division 10 cutting machines, water jet, 5 axis 15 machining centres, 4 axis, single-spindle 25 machining centres, 5 axis, single-spindle 10 grinding machines,5 axis Toulouse Soft Metal: Note 1 FTE as of December 2016 Total FTE: revenue: 61m Within Sheet metal division 6 machining centres, 3&4 axis, single-spindle up to 1.5m Assembly: assembly jigs, painting machines, painting booths Sheet metal part: 2-axis laser contouring, Punching machine, Stamping press, Press brake, Heat treatment oven, TIG welding, Riveting machines Hard Metal: 4 machining centres, 3&4 axis, single-spindle up to 1.5m 36

Presentation of key sites and industrial tools (3/5) Sites Site overview Key information 1 Site key characteristics Product illustration Varilhes (MKAD) Total FTE: 39 2016 revenue: c.

28 Presentation of key sites and industrial tools (3/5) Sites Site overview Key information 1 Site key characteristics Product illustration Varilhes (MKAD) Total FTE: revenue: c. 3m Within Aerostructure division Hard Metal: 4 gantry machines 6 machining centres Vibraye Total FTE: revenue: 5m Within Engine division Group R&D center Soft Metal: 10 machining centres, 3,4&5 axis, single-spindle up to 750mm Hard Metal: 10 machining centres, 3,4&5 axis, single-spindle up to 750mm 20 horizontal lathes, 2 to 5 up to 1m Evora Total FTE: revenue: n.s. Within Engine division Hard Metal: 4 gantry machines, 3 to 5 axis, 3 to 4 spindles up to 750mm (equipment not yet implemented) 8 horizontal lathes, 2 to 5 axis up to 1m 12 machining centres, 4 to 5 axis, single-spindle up to 750mm. Note 1 FTE as of December

Presentation of key sites and industrial tools (4/5) Sites Site overview Key information 1 Site key characteristics Product

ration Setubal Hard Metal: Total FTE: 100 2016 revenue: n.s.

come), stamping presses, bending presses, heat treatment oven, TIG welding, riveting machine Surface treatment Mirabel Soft Metal:

4&5 axis, single-spindle, up to 4m Hard Metal: 2 gantry machines, 3&5 axis, 3 to 5 spindles up to 18m 6 machining centres, 4&5

29 Presentation of key sites and industrial tools (4/5) Sites Site overview Key information 1 Site key characteristics Product illustration Setubal Hard Metal: Total FTE: revenue: n.s. Within Sheet metal division 2 industrial presses 2 ovens 1 router 3 welding machines Sheet metal part: CINETIC router, laser (to come), stamping presses, bending presses, heat treatment oven, TIG welding, riveting machine Surface treatment Mirabel Soft Metal: Total FTE: revenue: 27m Within Aerostructure division 2 gantry machines, 5 axis, 3 spindles up to 18m 8 machining centres, 4&5 axis, single-spindle, up to 4m Hard Metal: 2 gantry machines, 3&5 axis, 3 to 5 spindles up to 18m 6 machining centres, 4&5 axis, single-spindle up to 4m Assembly Tangier Total FTE: revenue: n.s Within Aerostructure division Soft Metal (automotive): 8 machining centres, 3 axis up to 5m 6 machining centres, 4 axis single-spindle up to 750mm 2 machining centres, 5 axis for roller chain Assembly Surface treatment up to 6m Note 1 FTE as of December

Presentation of key sites and industrial tools (5/5) Sites Site overview Key information 1 Site key characteristics Product illustration Tunis Soft Metal: Total FTE: 244 2016 revenue: n.s. Within

30 Presentation of key sites and industrial tools (5/5) Sites Site overview Key information 1 Site key characteristics Product illustration Tunis Soft Metal: Total FTE: revenue: n.s. Within Sheet metal division 7 industrial presses 2 ovens 3 routers 6 welding machines Assembly: assembly jigs, riveting machines, various portable fastening means Sheet metal part: CINETIC router, Stamping press, Folding press, Heat Treatment oven, TIG welding, Riveting machines Note 1 FTE as of December

31 Listing of certification by MECACHROME s sites Referential Sites ISO 9001 : 2008 EN 9100 : 2009 EN 9120 : 2010 ISO : 2004 ISO TS16949 : 2009 PART 21G NADCAP MECACHROME headquarters Amboise French-based sites Aubigny Nantes Sablé Vibraye Evora Ongoing (new site) Ongoing (new site) Foreign sites Mecahers MKS Tangier 40

32 Legal organizational chart ACE FSTQ BPI 35% 35% 30% Meca Dev ( Holding of MECACHROME ) 50% 100% 100% 100% 100% ACE MKAD MECACHROME Canada MECACHROME France Mecahers Group MK Services 100% Aerostructures Design Office 100% MK Automotive 98% Mecahers Aerospace 100% MK Atlantique 65% ADM 50% TEOS 100% MK Aeronautica 100% MK Aero 40% LELMA 100% Normatec 55

Overview of main MECACHROME business lines Business lines Aerostructure Sheet metals Engines End markets Aerostructure Aeroengine Automotive Strategic positioning

strategy Leading European Tier 1 OEM supplier Longstanding client relationships and customer proximity Supplier for the automotive industry Exclusive supplier to

Sheet metal work and boiler making of complex medium sized parts in hard metals and large parts light alloys Core competencies in highly technical machining

aluminum, titanium) Supply of engine structures and turning pieces for the civil and military aerospace industry Partnerships with key customers from R&D phase, to

Machining and pre-assembly of cylinder blocks and cylinder heads for the automotive industry Implementation of turnkey production lines Key products Landing gear

33 Overview of main MECACHROME business lines Business lines Aerostructure Sheet metals Engines End markets Aerostructure Aeroengine Automotive Strategic positioning Leading European Tier 1 precision machining subcontractor Longstanding client relationships and customer proximity Low cost country base as part of MECACHROME strategy Leading European Tier 1 OEM supplier Longstanding client relationships and customer proximity Supplier for the automotive industry Exclusive supplier to Renault F1 (motor sports) Business overview Design, machining, forming and assembly of critical aerostructures parts for the civil and military aerospace industry Sheet metal work and boiler making of complex medium sized parts in hard metals and large parts light alloys Core competencies in highly technical machining processes for various metals (e.g. aluminum, titanium) Supply of engine structures and turning pieces for the civil and military aerospace industry Partnerships with key customers from R&D phase, to the co-engineering, design, development, production and final assembly phases of complete subassemblies Design, machining and assembly of engines for motor sports Machining and pre-assembly of cylinder blocks and cylinder heads for the automotive industry Implementation of turnkey production lines Key products Landing gear bays Nose structures Wing structures Engine pylon & nacelles structures Fuselage structures Sheet metal & forming Structures Fan casing Intermediate / compressor / turbine casing Rotating parts Front cone Spinners Fan Disk Blisk Turbine blade Assembled engines Cylinder heads Cylinder blocks Lower casing Main customers 3

Shaping a better future. Part Production for the aerospace industry.

Shaping a better future. Part Production for the aerospace industry. Shaping a better future Part Production for the aerospace industry www.aries-manufacturing.com Aries Manufacturing is Aries Alliance international business brand dedicated to the production of complex