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voestalpine AG
www.voestalpine.com
voestalpine AG
Farnborough International Airshow
Capital Markets Day 2016
voestalpine AG
Part I
Aviation 2016
Aircraft Raw Material Demand
Global Supply Chain
Aviation Industry China
Part II
voestalpine: A member of the club
Special Steel Division
Metal Forming Division
Conclusion
07/12/2016 CMD2016 – Farnborough International Airshow 2
Agenda
voestalpine AG
www.voestalpine.com
Highlights and Insights
Aviation 2016
voestalpine AG
The global aerospace market offers a steady growth
within the next years.
The global Aerospace market outlookBoeing current market outlook -
Fleet in service evolution 2014-2034:
Boeing and Airbus comprise two-thirds of
materials consumed for aerospace globally
This duopoly strongly influences behavior of
entire aerospace supply chain.
Boeing 36%
Airbus 30%
GE 5%
CFM Intl 4%
CFM 3%
Rolls-Royce 3%
Embraer; 2%
Pratt & Whitney 2%
other; 15%
2015 Aircraft material demand by OEM707kt per year
21.600
43.560
1.420
38.050
-17.510
0
5.000
10.000
15.000
20.000
25.000
30.000
35.000
40.000
45.000
50.000E
nd o
f ye
ar
201
4
Rem
ove
dfr
om
serv
ice
Con
vert
ed to
freig
hte
r
New
deliv
erie
s201
5 to 2
03
4
End o
f ye
ar
203
4
Nu
mb
er
of
Air
cra
fts
removed build Total fleet
Source: Boeing Current Market Outlook 2015Source: ICF Analysis
07/12/2016 CMD2016 – Farnborough International Airshow 4
voestalpine AG
Aircraft Market Outlook 2034
asks for 38.050 new aircrafts
7%
70%
13%
9%
1%
Delivery units
Large wide-body
Medium wide-body
Small wide-body
Single aisle
Regional Jet
Source: Boeing Current Market Outlook 2015
World Market Value: 5.570 $b
New deliveries: 38.050 Airplanes
Average airplane value: 150 ($M)
Asia38%
Europe19%
North America
21%
Latin America
8%
Middle East8%
C.I.S.3%
Africa3%
60% of new aircrafts go
into emerging markets.
07/12/2016 CMD2016 – Farnborough International Airshow 5
voestalpine AG
Main Drivers of the Aviation Industry
07/12/2016 CMD2016 – Farnborough International Airshow 6
New Aircraft Delivery Demand
Air travel demandAirlines‘ ability to acquire
new aircraft
Economic
Growth
Oil Price vs.
Air Fare
Aircraft
Retirements
Availability of
aircraft financing
Sources
Airlines
Finance
voestalpine AG
Different forecasts, different approach
Airline Monitor
Top down approach from global
passenger growth rate to world fleet.
demand oriented 5.1% RPM1
Average build rate in 2035 is 2,500 AC
Major OEMs (Boeing and Airbus)
Bottom up approach from backlog and
projected orders to build rate.
Supply oriented Airbus 4.6% RPM1
Boeing 4.9% RPM1
Average build rate in 2035 is 2,450 AC
07/12/20167
1 Revenue Passenger Miles
Source: Airline Monitor 02/2016, Boeing Current Market Outlook 2015, Airbus
Global Market Forecast 2015
CMD2016 – Farnborough International Airshow
1.300
1.800
2.300
2.800
2014 2019 2024 2029 2034
Airline Monitor
Boeing CMO
voestalpine AG
0
500
1.000
1.500
2.000
2.500
3.000
3.500
4.000
Nu
mb
er
of
Air
cra
fts
Retired, scrapped, others
Increase in fleet
The average growth rate was increased
to ~3.7% per year until 2035
Retired small regional jets will be replaced by larger single-aisle aircrafts
Retirement age increases to 27-30 years
Source: Airline Monitor 06/2016
Average Growth rate 2016-2035:
~ 3.7% per year
07/12/20168 CMD2016 – Farnborough International Airshow
voestalpine AG
Aerospace a cyclical business with downturn
approximately every 8-10 years
0
200
400
600
800
1.000
1.200
1.400
1.600
Year 1970 1975 1980 1985 1990 1995 2000 2005 2010
To
tal
delivere
d a
ircra
fts total delivered aircrafts
The 70‘s
recessionEnergy price
recession
Gulf war
Tech bubble
and 9/11
-74%-42%
-50% -35%
Financial
market
meltdown
Source: Airline Monitor, Aircraft History, 02/2016, GE Aviation marketing analysis, Ascend
07/12/20169 CMD2016 – Farnborough International Airshow
voestalpine AG
Market Trends
Low oil price supports airline profitability
A change in aftermarket due to a slight overshoot in aircrafts
China economy development
The need for a MoM Middle of the Market Aircraft is heavily discussed
Some sign that a slow down maybe underway but no evidence so far
07/12/2016 CMD2016 – Farnborough International Airshow 10
Airbus and Boeing stay with their aggressive production plans
voestalpine AG
Aerospace: Further a growth market!
Airline Monitor and major OEM forecast an
average growth of ~3.7% per year from
2016-2035.
Airbus and Boeing have a
backlog of >12,000 aircrafts
representing 8-10 years of steady
production.
Highest load factor of aircrafts ~80%
and parked fleets are 10-15 years low.
Source: Airbus, Boeing, Ascend, BCC analysis
© Homato
07/12/2016 CMD2016 – Farnborough International Airshow 11
voestalpine AG
www.voestalpine.com
voestalpine AG
Outlook 2020
Aircraft Raw Material Demand
voestalpine AG
Aluminum
Steel
Superalloys
Titanium
other
composites
~707 ktons
2015 Aircraft Raw Material Demand
07/12/2016 CMD2016 – Farnborough International Airshow 13
Aluminum
Steel
Superalloys
Titanium
Other
composites
~12bUSD
The aggregated „fly to buy“ ratio is ~ 6
Source: ICF International
voestalpine AG
Aluminum
Steel
Superalloys
Titanium
other
composites
~740 ktons
2020 Aircraft Raw Material Demand
07/12/201614
Aluminum
Steel
Superalloys
Titanium
Other
composites
~12,5bUSD
The aggregated „fly to buy“ ratio is ~ 6
Source: ICF International; calculation with same commodity prices
CMD2016 – Farnborough International Airshow
+0.7%
+1.9%
+4%
+5.8%
-0.7% (CAGR p. year)
voestalpine AG
Majority of the aerospace material demand for
value added is US based, followed by Europe
07/12/2016 CMD2016 – Farnborough International Airshow 15
Aerospace raw material demand ~707ktons
North America
Europe
Asia
other
by Region*
Air Transport
BGA**
Heli
Military
by Market
*) Region where most value-added work is performed
**) Business and General Aviation
Source: Aerolytics, 12/2015 Sheet and Plate Study
voestalpine AG
www.voestalpine.com
voestalpine AG
Aviation Industry
Global Supply chain
voestalpine AG
Business Characteristics Aircraft
Limited players
Zero defect approach
Trust (track record, safety), relationship and market power are key
decision criteria
Highly conservative business behavior
(to become “member of the club”)
Price pressure
Serial business (small scale)
Defined products through very tight specifications
“Frozen” technologies
Strict management of failures
Low level of differentiation through the product/service portfolio
Product characteristics typical for “Operational Excellence”
The business
with the highest
entry barrier for
mission critical
parts/materials
07/12/2016 CMD2016 – Farnborough International Airshow 17
voestalpine AG
A challenge to the supply chain!
OEMs monitor their supply chain with frequent
capacity audits and ramp-up control
The supply chain is ready for the next growth
peak, OEM requested supplier to make
investment
Possible over-capacity will have to be managed
solely by supplier
Supplier’s constantly high performance over the
next 3-4 years will guarantee them pole position
in the following multi-year-bids
© Homato
07/12/2016 CMD2016 – Farnborough International Airshow 18
voestalpine AG
The global Aerospace Value chain is worth ~600bUSD
and employs more than 2.3 Million people*)
07/12/2016 CMD2016 – Farnborough International Airshow 19
North America
~1,100,000 people
~310bUSD
Europe:
~600.000 people
~175bUSDAsia*)
~600,000 people
~ 88bUSD
France 8%
200,000
Germany 4%
110,000
UK 4.5%
120.000
Source: TKA 2014, BPac, Market reports Mexico, Morocco, Brazil
*) without Russia
54%
30% 14%
Brazil
~20,000 people
~6bUSD
voestalpine AG
Different value chains – Different decision criteria
OEM – mainly Boeing and Airbus
Region – North America, Europe, Asia
Material – Aluminum, Steel, Titanium, Superalloys
Modules – aero structure, aero engine, components & systems
Safety level – rotating & non-rotating parts, critical and non-critical parts
07/12/2016 CMD2016 – Farnborough International Airshow 20
Research and
Development
Parts
Manufacturing
System
Assembly
Subsystem
Assembly
Final
Integration
After
Market
Service
Marketing
and Sales
Delivery and
Acceptance
Sales ProductionDevelopment Delivery Service
voestalpine special steel division
OEM integration
Graph: Harvard Business School, Aerospace Cluster in the Toulouse Region, 2013
voestalpine AG
0
500
1.000
1.500
2.000
2.500
m€
USA
Europa
Asien
Aerospace – competitive landscape
Steel, Nickel based, Titanium and Aluminum alloys
07/12/2016 CMD2016 – Farnborough International Airshow 21
voestalpine AG
Supply Chain e.g. metal components
Source: SMR 2012
Melting needs to start in average 2 years before final aircraft assembly
Forging follows ~ a year later
Flexibility thus, is hard to serve but a basic requirement
07/12/2016 CMD2016 – Farnborough International Airshow 22
voestalpine AG
Key Message OEM: We need to deliver what we have sold!
OEM challenge: to secure a smoothly running supply chain!
Ramp-Up in a global
environments
Ensure sufficient capacity (incl. protecting customer‘s
needs with double sourcing in Low Cost Countries)
On-time delivery Reach and sustain excellent performance
Quality Make it right the first time, zero defect approach
Anticipate and communicate Manage the risk. Ensure timely communication with the
customer
Continuous improvements Reduce waste (recycle, close to net-shape), flow
optimization by local-for-local sourcing
Commercial – added value And for sure … Pressure on costs! Be creative and
propose solutions for optimization
Source: Airbus, Boeing
07/12/2016 CMD2016 – Farnborough International Airshow 23
OEM expectation Supply chain action
voestalpine AG
“Directed buy” business model – e.g. forged parts
BIG OEM negotiating
supply conditions with/for
all business partners
ATIVSMPO
TIMETUKAD
Billets e.g. Titanium
Inhouse
Wyman Gordona
b
c
d y z
Machining
OEMa
bc
Subassembly
Wyman Gordon
A&DATI
Böhler
andere
Forge Transaction
OEM
local 2
local 3local 4local 5local 6
local 7
local 8 local 9local 10local 11 local 12
local 13local 14
Special Process
xy
zu
Scrap Processor
07/12/2016 CMD2016 – Farnborough International Airshow 24
OEM assembly
and planning
OEM
BIG OEM negotiating
supply conditions with/for
all business partners
voestalpine AG
Raw material – Different ways into the market
07/12/2016 CMD2016 – Farnborough International Airshow 25
Melter 1
e.g. Böhler
Melter 1
e.g. Böhler
Machine Shop1Machine Shop1OEM OEM
Tier 1Tier 1
Hot former
Profile Roller
Ring Roller
Closed Die Forgers
Open Die Forgers
Billet, Ingot,
Part made
to a drawing Machined
PartAssembly
Machine Shop1Machine Shop1OEM OEM
Tier 1Tier 1
Global Service
Provider
Distributor 1
Distributor n
Bar
Melter 1Melter 1Melter 1Melter 1
Melter 2Melter 2Machined
Part Assembly
Mill Direct
Distribution
Structure
Source: value case Böhler Aerospace, 2014
voestalpine AG
www.voestalpine.com
voestalpine AG
Aviation Industry
China
voestalpine AG
12% of aerospace material ready for processing is
needed in Asia, but only 1% demand is for Asian OEMs
07/12/2016 CMD2016 – Farnborough International Airshow 27
2015 Aerospace raw material demand ~707ktons
North America
Europe
Asia
other
by Region*
*) Estimate where most value-added works is performed
Source: Aerolytics, 12/2015 Sheet and Plate Study,
ICF International 05/2016
North America
Europe
Asia RoW
by OEM Region
voestalpine AG
Comac C919 will gain a market share of 4% on
the single aisle market from 2035 on
07/12/201628
0
200
400
600
800
1.000
1.200
1.400
1.600
1.800
2.000
2015 2020 2025 2030 2035 2040
Single Aisle Delivery Forecast per year
Source: Airline Monitor, 02/2016
0
5.000
10.000
15.000
20.000
25.000
30.000
35.000
40.000
2015 2020 2025 2030 2035 2040
World Fleet*
C919
737family
A320family
*) Total world fleet minus retirements
CMD2016 – Farnborough International Airshow
voestalpine AG
How Chinese is China’s new passenger jet?
Aircraft structure made in China Airframe, Wing, etc.
Systems made for China Aero Engine, Thrust Reverser
Landing Gears
Auxiliary Power Units (APU)
Fuel System
07/12/2016 CMD2016 – Farnborough International Airshow 29
Some major systems or other critical parts are produced abroad or by foreign
OEM‘s in China.
voestalpine AG
Though domestic aircraft and parts manufacturers scattered
throughout China, the sector is still underdeveloped…
… and creating a strong demand for reliable imported products and technologies to ensure quality standards
Major opportunities were found in: Aero engine components and technologies and other systems Small niche parts manufacturer & materials Final assembly and Tier1 supplier Services such as design & engineering,
precision machining and training Airport design and construction
companies and ground service General aviation
07/12/2016 CMD2016 – Farnborough International Airshow 30
Source: Aerospace / Aviation Industry Opportunities in Japan & China, 06/2015
voestalpine AG
The Chinese Aerospace Industry will only grow
disproportionally with their demand of new aircrafts
Comac‘s market share is estimated 4% on single aisle in 2035
China‘s success in Aviation Industry strongly depends on Western Aviation Safety Agencies‘ Approvals (FAA and EASA)
Lack of talents and technologies urgently require foreign support
The easy to make parts will be made in China – no chance to cope with their price structures
The hard to make parts will open a certain window of opportunity for foreign supplier
07/12/2016 CMD2016 – Farnborough International Airshow 31
Key: How much of foreign OEM’s sourcing strategy will be China?
voestalpine AG
www.voestalpine.com
voestalpine AG
Farnborough International Airshow
Capital Markets Day 2016
Part II
voestalpine AG
www.voestalpine.com
voestalpine AG
A member of the club:
voestalpine
voestalpine AG
voestalpine AG
07/12/2016 CMD2016 – Farnborough International Airshow 35
Key figures for 2015/16
Employees 48,367
Revenue EUR 11,068.7 million
EBITDA EUR 1,583.4 million
EBIT EUR 888.8 million
EBIT margin 8.0%
voestalpine AG
voestalpine AG
07/12/2016 CMD2016 – Farnborough International Airshow 36
25%
19%
23%
33%
Steel
Special SteelMetal Engineering
Metal Forming
Revenue (Mio. EUR) 3,753.7
EBIT (Mio. EUR) 220.0
EBIT-;argin 5.9%
Employees (fulltime equivalent) 10.891
Revenue (Mio. EUR) 2,650.9
EBIT (Mio. EUR) 227.2
EBIT-Margin 8.6%
Employees (fulltime equivalent) 13,470
Revenue (Mio. EUR) 2,850.4
EBIT (Mio. EUR) 314.9
EBIT-Margin 11.0%
Employees (fulltime equivalent) 12,675
Revenue (Mio. EUR) 2,224.9
EBIT (Mio. EUR) 194.5
EBIT-Margin 8.7%
Employees (fulltime equivalent) 10,470
voestalpine AG
voestalpine AG
07/12/2016 CMD2016 – Farnborough International Airshow 37
Anyone who wants to change the
world can depend on us
We’re the partner of choice worldwide
for demanding product solutions
involving steel and that allow our
customers to stay that decisive step
ahead
We are the world’s market leader
or hold leading positions with all
of our four divisions
Steel Special Steel
Metal Engineering Metal Forming
voestalpine AG
Böhler Bleche
Böhler Edelstahl
Böhler Profil
Böhler
Schmiedetechnik
voestalpine GroupAerospace companies
Steel
Division
Special Steel
Division
Metal Engineering
DivisionMetal Forming
Division
Böhler Bleche
Böhler Edelstahl
Böhler Profil
Böhler Schmiedetechnik
Villares Metals
Eifeler Group
Edro Engineering
Distribution & Service
Network (NA, EU, Asia)
Roll Forming
Corporation
07/12/2016 CMD2016 – Farnborough International Airshow 38
Metal Forming
Division
92% 8%
voestalpine AG
Special Steel Division in key figures
Sales by region Sales by customer industry
Automotive
27%
Civil & mechanical
engineering 19%Energy industry 12%
White Goods/
Consumer goods 12%
Aviation
industry 12%
Construction
4%
Other
14%
European Union 53%
(of which Austria 4%)
North America
15%
Asia
17%
South America 8%
Rest of world 8%
39 CMD2016 – Farnborough International Airshow 07/12/2016
voestalpine AG
Austrian Steel Manufacturing Tradition meets
Aerospace
07/12/2016 CMD2016 – Farnborough International Airshow 40
201619901910 2000 2010
voestalpine AG
Global Aerospace Value Chain processes
products manufactured by voestalpine
Casting
Forging,
Rolling
Pre-
Machining /
Jet Cutting
Target /
Final
Machining
TestingHeat
Treatment
Special
Process OEMMelting
(Semi-)
Assembly
41
Bohler
Edelstahl
Villares
Metals
Bohler Bleche
Bohler Edelstahl
Bohler Profil
Bohler Schmiede-
technik
Roll Forming
Corporation
Bohler
Edelstahl
Bohler
Schmiede-
technik
Edro
Bohler
Bleche
Bohler
Edelstahl
Bohler
Profil
Bohler
Schmiede-
technik
Bohler
Schmiede
-technik
Edro
Eifeler
Group
Roll
Forming
Corporation
07/12/2016 CMD2016 – Farnborough International Airshow
Voestalpine special steel division
OEM
voestalpine AG
voestalpine products in the Aerospace industry
Special Steel Division
Böhler, trusted for advanced metal solutions, global availability
and local services for aerospace!
Engine disc
Landing gear
components
Bar productRoller Track / Wing
Engine Mount
Engine DiscSide load fitting
Sheet and plate
Wire
Fastener
Rail
Landing Gear
Component
Guide vane /
Engine
Turbine ring
07/12/2016 CMD2016 – Farnborough International Airshow 42
voestalpine AG
Aerospace Material Distribution by voestalpine
special steel division value added services
43
North America: Böhler Uddeholm
Corporation (USA)
Walnut CA
Kent WA
Dallas TX
Böhler Uddeholm
Ltd. (CAN)
Rexdale
Europe: Böhler Uddeholm
Germany
Böhler Uddeholm
France
Böhler Uddeholm UK
Eifeler Group
Asia-Pacific: Böhler Pacific
(SGP)
07/12/2016 CMD2016 – Farnborough International Airshow
voestalpine AG
voestalpine Special Steel Division Product Segments
Ba
rs
Bil
lets
Fo
rgin
gs
(o
pe
n &
clo
se)
Sh
ee
ts &
Pla
tes
Pro
file
s (
ho
t
rolle
d)
Wir
e, P
rofi
led
Wir
e
PV
D C
oa
tin
gs
Pre
-Ma
ch
inin
g
Airframe
Structures x x x x x x
Fuselage x x x x
Door surroundings x x x x x
Pylon / Engine Mounts x x x x x
Bearings x x x
Fasteners x x x
Engine
Disks / Blisks x x
Shafts x x x
Bearing x x
Casings x x x
Blades / Vanes xx x
Landing Gear
Structures x x x x x
Brakes x x x
Hydraulic x x
Bolts x
Aerospace
Product Portfolio
07/12/2016 CMD2016 – Farnborough International Airshow 44
voestalpine AG
Our customers are key to our success!
AS/EN9100 and 9120 Nadcap approvals:
Heat treatment PVD coating Testing
Several customer approvals
07/12/2016 CMD2016 – Farnborough International Airshow 45
voestalpine AG
voestalpine will double it’s Aerospace revenue
until FY 2020/21
Special Steel Division:
Growth in closed die forgings, bar and plate
Elimination of growth inhibitors (capacities, approvals, market access to OEMs, etc.)
Investment in 2 new VAR furnaces
Major new customer approvals
Growth project Value Added Services with aerospace hubs in Germany, USA and Asia
Extension of value chain: finished machined forged aircraft parts
07/12/2016 CMD2016 – Farnborough International Airshow 46
voestalpine AG
www.voestalpine.com
voestalpine AG
voestalpine Special Steel Division
Companies, capabilities and
competitive edge
voestalpine AG
BÖHLER BLECHE GMBH & CO KG
48 07/12/2016 CMD2016 – Farnborough International Airshow
voestalpine AG
State-of-the-art in production
Böhler Bleche is specialized in the production of
cross-rolled sheets and plates.
3-High Mill
2-High Mill
Cold rolling mill
Heat Treatment,
Cutting, Finishing
07/12/2016 CMD2016 – Farnborough International Airshow 49
voestalpine AG
Faster, Further, Safer
Böhler Bleche currently holds 17
quality system and product approvals
Laboratories and NDT approvals as well as
Nadcap and AS9100.
Such as Airbus, Boeing, Gulfstream, BAE System,
Group Safran, Spirit Aerosystems, Bombardier etc.
07/12/2016 CMD2016 – Farnborough International Airshow 50
750 tons
15-5PH
Heat treatable steel
Creep resisting materials
17-4PH
others
Wing flap
Parts of breaking systems
Engine Casing
voestalpine AG
BÖHLER EDELSTAHL GMBH & CO KG
51 07/12/2016 CMD2016 – Farnborough International Airshow
voestalpine AG
State-of-the-art in production
07/12/2016 CMD2016 – Farnborough International Airshow 52
50t EAF, 15t IF, AOD, LF, VOD
VIM, VAR, ESR
RF100 rotary forging machine
5.200t forging press
Cogging mill
Multi-line bar mill
Heat treatment
Bar steel surface finishing
Testing
voestalpine AG
Production Route
07/12/2016 CMD2016 – Farnborough International Airshow 53
voestalpine AG
Faster, Further, Safer
Böhler Edelstahl holds the major jet engine and airframe manufacturer
quality system approvals
Laboratories and NDT approvals as well as Nadcap and AS9100.
Such as Airbus, Boeing, GE, Pratt & Whitney, Rolls-Royce, etc.
07/12/2016 CMD2016 – Farnborough International Airshow 54
voestalpine AG
Aerospace Alloys
07/12/2016 CMD2016 – Farnborough International Airshow 55
Major Steel Grades Nickel Grades
voestalpine AG
Aerospace Alloys
07/12/2016 CMD2016 – Farnborough International Airshow 56
Major Steel Grades
voestalpine AG
BÖHLER PROFIL GMBH & CO KG
57 07/12/2016 CMD2016 – Farnborough International Airshow
voestalpine AG
State-of-the-art in production
Open rolling mill Computer controlled continuous
rolling mill Drawing bench Heat treatment Testing
High flexibility
07/12/2016 CMD2016 – Farnborough International Airshow 58
voestalpine AG
Faster, Further, Safer
We roll near net shaped
profiles and bars to
tailor made solutions
For flash butt welded
rings and guide vanes
for aero engines
AS9100
Approvals from Leistritz,
Defontaine and PAG
07/12/2016 CMD2016 – Farnborough International Airshow 59
Static Vane
Turbine Ring –
Exhaust Engine
Turbine Ring –
Engine Casing
voestalpine AG
BÖHLER SCHMIEDETECHNIK GMBH & CO KG
60 07/12/2016 CMD2016 – Farnborough International Airshow
voestalpine AG
State-of-the-art in production
355MN and 315MN mechanical screw press
Several hydraulic and mechanical hammers
(35mt counter blow hammer)
Heat treatment
Machining, water jet cutting
Ultra-sonic immersion
testing and other NDT
07/12/2016 CMD2016 – Farnborough International Airshow 61
voestalpine AG
62
voestalpine AG
Faster, Further, Safer
Our core competence is the near net forging of
high-alloy steels, nickel-base alloys and titanium alloys
Heat treating and non-destructive testing approved by NADCAP
All major OEM and customer approvals
07/12/2016 CMD2016 – Farnborough International Airshow 63
AerospaceStructuresDiscs
Blades
SpecialForgings
Ni-Basis Stahl Titan
voestalpine AG
Value added services
07/12/2016 CMD2016 – Farnborough International Airshow 64
Böhler, trusted for advanced metal solutions, global availability and local services for
aerospace.
Worldwide sales and service network
with 150 warehouse and service sites
in 45 countries
Global #1 in service centers for tool
making
voestalpine AG
State-of-the-art in aerospace distribution
Aerospace hub in Germany Düsseldorf AS9120 approval for 8 locations is 6 countries
3 in North America Canada France Germany United Kingdom Singapore
Böhler premium grade Stainless steel and Superalloys
07/12/2016 CMD2016 – Farnborough International Airshow 65
voestalpine AG
Aerospace Services and Processing
Eifeler Group Physical Vapor Deposition PVD Coating Engine bearing rings All major engine OEM approvals Nadcap
Edro Engineering AS9100 approved machine shop In Walnut California
07/12/2016 CMD2016 – Farnborough International Airshow 66
voestalpine AG
www.voestalpine.com
voestalpine AG
voestalpine Metal Forming Division
Companies, capabilities and
competitive edge
voestalpine AG
Tubes &
Sections
Automotive
Body Parts
Precision
Strip
Warehouse & Rack
SolutionsDivision
€ 2,224 billion in revenue
10,470 employees
Customized special tubes
and sections with a global
presence
Innovative automotive
body parts for lightweight
solutions
Leading competence in
precision strip steel for
demanding applications
Intelligent rack system
solutions for complex
logistical tasks
Center of competence for highly refined
sections, tubes, and precision strip steel
products as well as ready-to-install system
components made of pressed, stamped and roll-
formed parts.
Metal Forming Division
Forming superior solutions
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voestalpine AG
1949First profiles supplied to
aerospace industry
1967Salt bath solution heat treat
process developed
– W condition forming
1969Initial Boeing long term
contract
1980First profiles delivered
to Gulfstream
Metal Forming Division
in Aerospace1997Dedicated Aerospace
Facility Constructed
2000Roll Forming
Corporation Purchased
by voestalpine AG
2010Ti 6-4 Laser
welded assembly
in production –
patented
1979AM355 profiles
developed for
leading edge
application
2007Titanium welding
development - initial
connect technology
testing
1999Titanium roll
forming testing
2015Ti 15-3-3-3
roll forming sections
2006• Inspection
fixturing
patented
• 5 Axis Contour
process
• Extrusion
Processing
2011Inconel roll
forming
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voestalpine AG
Global Aerospace Value Chain: Metal Forming
Division profiles manufactured by voestalpine
Raw Material
Procurement
Raw Material
ProcessingRoll Forming Heat
Treating
Value Add Operations
Quality Inspections
Sub Assembly
OEM
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Tier 1 SupplierOEM
voestalpine RFC Aerospace
voestalpine AG
voestalpine @ Aerospace – Strong capabilities in
leading metal forming processesMetal forming processes Lightweight material
Roll forming
Extrusions
Press forming
Laser welding
Operations in-line
Stamping, Bending, Inserts
Operations off-line
Riveting, Joggling, Contouring,
Stretch-bending
Aluminum
Titanium
Tailored blanks
Hybrid solutions
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voestalpine AG
voestalpine RFC Aerospace
specialized in metal processing Roll forming
Variable gauge thickness for reduced buy to fly ratios
Extrusion Processing
Contouring, machining, and end configuration
Thermal Processing
Solution heat treating and artificial aging
Connect Technology
Multi-axis laser and plasma arc welding
Material grades:
Al-alloys (2014, 2024, 6061, 7055, 7075)
Al-Li-alloys (2090)
Ti-alloys (Ti 15-3-3-3, Ti 6-4)
Inconel
Stainless
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voestalpine AG
Slitting and Roll Reduction
Raw material purchased in master coils, slit to width and roll reduced
Processing Capabilities
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voestalpine AG
voestalpine @ Aerospace – Know how synergies
Example fuselage cross section
seat rail
cabin cross beam
cargo floor cross beam
cargo lining structure
belly sub-structure
lateral frame
crown frame
bottom ring
modular overhead rack
stringer
belly faring
1
2
3
4
5
6
7
8
9
1
2
3
4 4
5
6 6
9
7
8
10
11
10
11
see case study
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voestalpine AG
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Roll Forming Custom shapes or build to print
voestalpine AG
Flexible roll-forming decreases buy-to-fly
ratio and process time significantly
Case study: 2nd concept :
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voestalpine @ Aerospace – Know how synergies
voestalpine AG
Joggling Close tolerance joggle positions decrease barrel section assembly time
Processing Capabilities
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voestalpine AG
Contouring 5-Axis Contouring Process –
Hats, channels, extrusions
Long and complex contour
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voestalpine AG
Connect Technology
Laser welded Titanium seat tracks undergo numerous process steps and quality
inspections prior to assembly on the floor grid
Processing Capabilities
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voestalpine AG
voestalpine products in the Aerospace industry
Metal Forming Division stringers
seat-tracks
floor panel supports
crown frames
engine rings
leading edges for helicopter blades
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voestalpine AG
Metal Forming Division
Aerospace Quality Certifications
ISO 9001:2000 – AS 9100 Rev C
NADCAP – Heat Treating
NADCAP – Non-Destructive Testing
NADCAP - Welding
BAC 5423 – Dye Penetrant Inspection
BAC 5439 – Ultrasonic Inspection
BAC 5602 – Heat Treat
BAC 5686 – Laser Beam Welding of Titanium for Structural Applications
BAC 5946 – Inspection of Alloys
BAC 5962 – Qualification / Certification of Weld operators
BAC 5975 – Fusion Welding of Metals
BSS 7039 – Penetrant Inspection
BSS 7044 - Digital Radioscopic Radiologic Inspection
BSS 7075 – Qualification of Non-Film Radiographic Systems for Weld Inspection
Boeing and Spirit Delegated Source Inspection
ROHS and WEEE Environmental Compliance
ISO 14001:2004
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voestalpine AG
www.voestalpine.com
voestalpine AG
voestalpine Aerospace
Emerging Technologies
voestalpine AG
Emerging Technologies are on our Agenda Light weight and high temperature resistance are key.
Material trends: Aircraft structure: Titanium substitutes Aluminum.
Aero engine: Powder alloys, Nickel-based alloys, Titanium
Aluminides and ceramic matrix composites.
Coatings: Applied coatings protect components against wear,
corrosion and increasing process temperatures.
Additive manufacturing „Be the Solution provider (one stop shop) within Additive
Manufacturing Technologies”
Source: Airbus, EADS, GKN, General Electric (GE), GE Avio Aero, MTU Aero Engines, Winbro Group
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voestalpine AG
voestalpine Special Steel Vision for Additive
Manufacturing
Heat Treatment &
post processingDesign
Customer
consulting
Powder
development
3D-Parts-
manufact.
Powder
production
&
Be the Solution provider (one stop shop) within Additive Manufacturing
Technologies
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voestalpine AG
www.voestalpine.com
voestalpine AG
Conclusion
Aerospace – a growth market
voestalpine AG
Aerospace is a growth market – and we are
committed to it.
Operational excellence, trust & reliability are key success factors
The business with the highest entry barrier for mission critical parts/materials
Market consolidation goes on –OEM‘s interest in having independent supplier will grow.
Price pressure will increase
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© Homato© Homato
voestalpine AG
www.voestalpine.com
voestalpine AG
Farnborough International Airshow
Capital Markets Day 2016
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