Bae Systems Plc · LSE:BA.

Bae Systems — Investor Day (February 2025)

51 slides from Bae Systems's investor day presentation, Feb 28, 2025

Slide 1: BAE Systems Air Capital Markets day
UNCONTROLLED 1 BAE Systems Air Capital Markets day All statements other than statements of historical fact included in this statement are forward-looking statements. Such forward-looking statements, which reflect management's assumptions made on the basis of information available to it at this time,
Slide 2: Welcome
UNCONTROLLED 2 Welcome Safety, Health and environment • There are no planned fire alarms • In the event of a fire or other event requiring evacuation • Distinct alarms will sound • Quickly and calmly proceed to the nearest lighted EXIT sign • Follow egress routes and directions from emergency person
Slide 3: Agenda
UNCONTROLLED 3 Agenda 11:20 • Introduction 08:15 • Tours: • Air Overview 08:20 • Air Labs: Support & Training • Air Labs: Mission Support • Q&A 08:50 • Future Combat Air System • Market Overview (KSA) 09:05 • Air Works: Factory of the Future • Market Overview (Middle East / UK & Europe) 09:25 • Lunc
Slide 5: Introduction
UNCONTROLLED 5 Introduction • Second in series of Investor events following on from Electronic Systems in 2018 • Focus today on the Air Sector – our largest sector at £6.7bn sales and 12.8% margin in 2018 • Sector formed from start of 2018 under leadership of Chris Boardman • High performing busines
Slide 6: Air Sector overview
UNCONTROLLED 6 BAE Systems Air Sector overview Chris Boardman Group Managing Director Air Copyright© 2019 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark.
Slide 7: Air Sector overview
UNCONTROLLED 7 Air Sector overview • An international market and customer led sector • Strong technology pedigree • History of working in close collaboration and partnership with our customers • Skilled and experienced workforce • Contributing to national economies and priorities 2018 Sales: £6.7bn
Slide 8: Air Sector lines of business
UNCONTROLLED 8 Air Sector lines of business Europe & International Saudi Arabia US Programmes MBDA Australia Andrea Thompson Andy Carr Tom Fillingham Antoine Bouvier Gabby Costigan 28% of sales - £1.9bn 36% of sales - £2.4bn 11% of sales - £0.7bn 16% of sales - £1.1bn 9% of sales - £0.6bn • The hear
Slide 9: A balanced portfolio in the Air Sector
UNCONTROLLED 9 A balanced portfolio in the Air Sector Anticipated sales – BAE Systems estimates* £6.7bn Sales 31/12/18 Platforms Sustainment 31/12/23 £27.4bn closing order backlog in 2018 * Subject to geopolitical uncertainties Copyright© 2019 BAE Systems. All Rights Reserved. BAE SYSTEMS is a regis
Slide 10: A balanced portfolio in the Air Sector
UNCONTROLLED 10 A balanced portfolio in the Air Sector Anticipated sales – BAE Systems estimates* All Other KPCs and other KSA Australia £6.7bn MBDA Tempest Sales Tornado Hawk Support & Production F35 Support & Production (excluding ES) Typhoon Support KSA Typhoon Batch 2 Typhoon Production Year end
Slide 11: The global Air market
UNCONTROLLED 11 The global Air market • A sector defined by collaboration and partnerships • Shaping customer needs • Evolving threat landscape Copyright© 2019 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark.
Slide 12: A trusted partner for over years
UNCONTROLLED 12 A trusted partner for over 100 years * Europe 50+ years UK US 100 years 70+ years Saudi Arabia 50+ years Australia 65 years *Includes predecessor companies of BAE Systems group businesses Copyright© 2019 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark.
Slide 13: 6 decades of collaboration and international market leadership
UNCONTROLLED 13 6 decades of collaboration and international market leadership Develop into US Programmes UK Strategic Intent International Markets KSA National European Future Programme Collaboration Collaboration Australia India Malaysia Oman Qatar Copyright© 2019 BAE Systems. All Rights Reserved.
Slide 14: Planning for the future
UNCONTROLLED 14 Planning for the future Delivering today and preparing for tomorrow We invest in and manage our key assets • Unique facilities • Talented and highly skilled workforce • Critical skills, technologies and capabilities; excellence in engineering and world class manufacturing • Attractin
Slide 15: Summary
UNCONTROLLED 15 Summary Air sector lines of business presentations • Saudi Arabia, Andy Carr • Europe & International, Andrea Thompson • MBDA, Dave Armstrong • US Programmes, Declan Holland • Australia, Martin Taylor Air Labs tour - retaining our competitive advantage in service provision • The synt
Slide 17: BAE Systems in Saudi Arabia
UNCONTROLLED 17 BAE Systems in Saudi Arabia Andy Carr Managing Director BAE Systems Saudi Arabia and CEO Saudi Arabia Copyright© 2019 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark.
Slide 18: BAE Systems in Saudi Arabia
BAE SYSTEMS PROPRIETARY UNCONTROLLED 18 BAE Systems in Saudi Arabia • 53 years supporting the Kingdom of Saudi Arabia • Prime Contractor to the UK-KSA Government-to-Government Agreement • Delivering two programmes – Saudi British Defence Cooperation Programme (SBDCP) and Salam (Typhoon) • Over 70% S
Slide 19: Our presence in Saudi Arabia
BAE SYSTEMS PROPRIETARY UNCONTROLLED 19 Our presence in Saudi Arabia SBDCP • End-to-end Pilot and Technician training • Naval minehunter support • Hawk in-Kingdom assembly and supply • Weapons • Hawk support • Spares, repairs and logistics • Tornado support • Facilities Salam • Typhoon support • Wea
Slide 20: A key differentiator – end to end training
BAE SYSTEMS PROPRIETARY UNCONTROLLED 20 A key differentiator – end to end training Our end to end training service, including Current TTS contract Officer and Aircrew Training (O&AT) and target of 2414 technical training was designed to increase the graduates by 2021, More than 300 pilots 1353 cadet
Slide 21: Saudi Arabia's Vision 2030
BAE SYSTEMS PROPRIETARY UNCONTROLLED 21 Saudi Arabia’s Vision 2030 Evolving market partnerships Vision Pillars A vibrant A thriving An ambitious society economy nation The hub connecting 3 The heart of the Arab The investment continents (Asia, & Islamic worlds powerhouse Europe & Africa) Level 1 pri
Slide 22: KSA / UK Defence Cooperation Alignment to Saudi Arabia's Vision 2030
BAE SYSTEMS PROPRIETARY UNCONTROLLED 22 KSA / UK Defence Cooperation Alignment to Saudi Arabia’s Vision 2030 • New market dynamics and strong renewed focus on industrialisation • We are well positioned, with a portfolio of capable and established Saudi companies that have been an important part of o
Slide 23: KSA / UK Defence Cooperation Alignment to Saudi Arabia's Vision 2030
BAE SYSTEMS PROPRIETARY UNCONTROLLED 23 KSA / UK Defence Cooperation Alignment to Saudi Arabia’s Vision 2030 Development of new capabilities in High percentage of local content in Saudi Arabia all our programmes SAMI’s business divisions align with We are committed to more than 60% our expertise, pr
Slide 24: Air Sector Europe & International
UNCONTROLLED 24 Air Sector Europe & International Andrea Thompson Managing Director Europe & International Copyright© 2019 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark.
Slide 25: UK & Europe
BAE SYSTEMS PROPRIETARY UNCONTROLLED 25 UK & Europe European Collaboration • We have been at the heart of Military Air collaboration for 60 years and we are driven by European collaboration • Our lead nation status provides longevity in Typhoon production and long term engineering sustainment, allow
Slide 26: Product capability development
BAE SYSTEMS PROPRIETARY UNCONTROLLED 26 Product capability development 2018 2019 2020 2021 2022 2023 2024 2030 2040 2040 Typhoon Strategic Outline Case Decision gate aspiration Decision gate aspiration Decision gate aspiration IOC planned OSD Development Agility Model Based Design • We are developin
Slide 27: Service capability, enduring partnerships
BAE SYSTEMS PROPRIETARY UNCONTROLLED 27 Service capability, enduring partnerships • TyTAN (Typhoon Total Availability eNterprise), a 10 year support arrangement from the RAF (entered into in 2016), performing well • Delivered accelerated capabilities through the Centurion programme, enabling the RAF
Slide 28: Combat Air capability and training services across the Gulf
BAE SYSTEMS PROPRIETARY UNCONTROLLED 28 Combat Air capability and training services across the Gulf Kuwait Campaign for an Air Training Service Bahrain Possible future Hawk sale opportunity Qatar Future opportunities for additional aircraft, training and support Oman Future opportunities for additio
Slide 29: Qatar mobilisation
UNCONTROLLED 29 Qatar mobilisation 24 x Typhoon 6 Year Hawk Enhanced Typhoon Capability Support Service 9 x Hawk AJT 6 Year Typhoon Support Service Qatar Technical Training Typhoon Facilities College Requirements Definition Typhoon Training Programme Copyright© 2019 BAE Systems. All Rights Reserved.
Slide 30: Strengthening our partnerships across the Gulf
BAE SYSTEMS PROPRIETARY UNCONTROLLED 30 Strengthening our partnerships across the Gulf Qatar Bahrain Oman Typhoon Front Fuselage Assembly Bahrain BAE Systems STEM workshop 100% Oman Typhoon Availability KPMs Achieved In Quarter 1 Technical Institute foundation ceremony Ground Crew Training (Cohort 1
Slide 32: MBDA Missile Systems
UNCONTROLLED 32 MBDA Missile Systems Dave Armstrong BAE Systems Group Business Development Director Copyright© 2019 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark.
Slide 34: Strong product portfolio
UNCONTROLLED 34 Strong product portfolio A balanced portfolio across domains Product evolution, new capabilities and disruptors Air Based Air Defence 40% Enforcer Lynkeus METEOR CEP CAMM ER Ground Based Surface Attack 5% Air Based Surface Attack & Naval FC/ASW MQRAD FCAS/Tempest Based Surface Attack
Slide 35: Growing our market share
UNCONTROLLED 35 Growing our market share Europe North America Market size Market size €4 bn €4.3 bn €8.3 bn €9 bn MBDA market share 49% APAC Minimal MBDA market share Market size MENA €4.4 bn €5.4 bn Market size MBDA market share 13% South America €5.2 bn €5.4 bn Market size MBDA market share 23% €0
Slide 36: A strong position
BAE SYSTEMS PROPRIETARY UNCONTROLLED 36 A strong position Strategy • Provide sovereign assured capability to UK, France, Italy, Germany and Spain • Continue to be a leader in European defence co-operation • Be the alternative choice to the US on the international market Performance • Strong financia
Slide 37: Air Sector US Programmes
UNCONTROLLED 37 Air Sector US Programmes Declan Holland Vice President US Business Copyright© 2019 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark.
Slide 38: US Programmes snapshot
BAE SYSTEMS PROPRIETARY UNCONTROLLED 38 US Programmes snapshot Over 2,000 people in UK and US Sales split by customer: 96% USA, 4% UK F-35 production ramping up - full rate anticipated in 2020 Range of F-35 sustainment services provided in the US, Europe and Pacific regions Supporting other US platf
Slide 39: F-35 programme
BAE SYSTEMS PROPRIETARY UNCONTROLLED 39 F-35 programme • F-35 is the largest defence programme in the world • US lead with eight international participant F-35A CTOL nations – UK, Italy, Netherlands, Australia, Canada, Denmark, Norway and Turkey • Lockheed Martin is aircraft prime contractor, with p
Slide 40: Our role on the F-35 Lightning II programme
BAE SYSTEMS PROPRIETARY UNCONTROLLED 40 Our role on the F-35 Lightning II programme Copyright© 2019 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark.
Slide 41: Our role in the F-35 global support solution
BAE SYSTEMS PROPRIETARY UNCONTROLLED 41 Our role in the F-35 global support solution Aircraft in service – Today: ~ 400, 2020: >600 Supporting Lockheed Martin/Joint Program Office to deploy global sustainment capability Regional hubs and support services being established in Europe and Asia/Pacific
Slide 42: Well positioned for future sustainment opportunities
BAE SYSTEMS PROPRIETARY UNCONTROLLED 42 Well positioned for future sustainment opportunities • Growing global fleet - over 2,000 aircraft by 2030 • Depot maintenance, repair, overhaul and upgrade • Consumable spares to F-35 operating bases globally • Supporting the UK customer • Exploiting existing
Slide 44: BAE Systems Australia
BAE SYSTEMS PROPRIETARY UNCONTROLLED 44 BAE Systems Australia Since 1953, we have worked purposefully to create a unique domestic capability that is today an integral part of 65 a stronger, more sovereign Australian industry, and one that is better able to deliver the unique solutions the Over 65 ye
Slide 45: BAE Systems Australia
BAE SYSTEMS PROPRIETARY UNCONTROLLED 45 BAE Systems Australia • A leading provider of military air capabilities and products and a trusted partner to the Royal Australian Air Force • F-35 Lightning II manufacture and regional support • Air support and training • Defense electronics • Hawk sustainmen
Slide 47: BAE Systems Air Sector
UNCONTROLLED 47 BAE Systems Air Sector Chris Boardman Group Managing Director Air Copyright© 2019 BAE Systems. All Rights Reserved. BAE SYSTEMS is a registered trademark.
Slide 48: Air sector: delivering today, preparing for tomorrow
BAE SYSTEMS PROPRIETARY UNCONTROLLED 48 BAE Systems Air sector: delivering today, preparing for tomorrow • Leading market positions • Broad and balanced portfolio • Large order backlog • Experienced management team • Clear customer focus and enduring industry partnerships • Leading technologies and
Slide 49: Tours
UNCONTROLLED 49 Tours Air Labs tour - retaining our competitive advantage in service provision • The synthetic / live training mix • Aurora – operational mission support, planning for the warfighter Air Works tour - securing 6th generation Combat Air capability and beyond • Future Combat Air System
Slide 51: BAE Systems Air Capital Markets day
UNCONTROLLED 51 BAE Systems Air Capital Markets day All statements other than statements of historical fact included in this statement are forward-looking statements. Such forward-looking statements, which reflect management's assumptions made on the basis of information available to it at this time

BAE Systems — Investor Day (February 2025) on 6ix

Bae Systems — Investor Day (February 2025)

Slide 1: BAE Systems Air Capital Markets day

Slide 2: Welcome

Slide 3: Agenda

Slide 4: Charles Woodburn, Chief Executive

Slide 5: Introduction

Slide 6: Air Sector overview

Slide 7: Air Sector overview

Slide 8: Air Sector lines of business

Slide 9: A balanced portfolio in the Air Sector

Slide 10: A balanced portfolio in the Air Sector

Slide 11: The global Air market

Slide 12: A trusted partner for over years

Slide 13: 6 decades of collaboration and international market leadership

Slide 14: Planning for the future

Slide 15: Summary

Slide 16: Q&A Session 1

Slide 17: BAE Systems in Saudi Arabia

Slide 18: BAE Systems in Saudi Arabia

Slide 19: Our presence in Saudi Arabia

Slide 20: A key differentiator – end to end training

Slide 21: Saudi Arabia's Vision 2030

Slide 22: KSA / UK Defence Cooperation Alignment to Saudi Arabia's Vision 2030

Slide 23: KSA / UK Defence Cooperation Alignment to Saudi Arabia's Vision 2030

Slide 24: Air Sector Europe & International

Slide 25: UK & Europe

Slide 26: Product capability development

Slide 27: Service capability, enduring partnerships

Slide 28: Combat Air capability and training services across the Gulf

Slide 29: Qatar mobilisation

Slide 30: Strengthening our partnerships across the Gulf

Slide 31: Q&A Session 2

Slide 32: MBDA Missile Systems

Slide 33: Proven European collaboration

Slide 34: Strong product portfolio

Slide 35: Growing our market share

Slide 36: A strong position

Slide 37: Air Sector US Programmes

Slide 38: US Programmes snapshot

Slide 39: F-35 programme

Slide 40: Our role on the F-35 Lightning II programme

Slide 41: Our role in the F-35 global support solution

Slide 42: Well positioned for future sustainment opportunities

Slide 43: Air Sector Australia

Slide 44: BAE Systems Australia

Slide 45: BAE Systems Australia

Slide 46: Q&A Session 3

Slide 47: BAE Systems Air Sector

Slide 48: Air sector: delivering today, preparing for tomorrow

Slide 49: Tours

Slide 50: Building for the future

Slide 51: BAE Systems Air Capital Markets day