Babcock International Group PLC · LSE:BAB
Babcock International — Corporate Update (March 2019)
26 slides from Babcock International's corporate update, Mar 13, 2019
Slide 1: Devonport site visit – summary presentation
Devonport site visit – summary presentation 13th March 2019 Marine Land Aviation Nuclear www.babcockinternational.com
Slide 2: Disclaimer
Disclaimer This document has been prepared by Babcock International Group PLC (the “Company”) solely for use at a presentation in connection with the Company's analyst and investor site visit on 13 March 2019. For the purposes of this notice, the presentation that follows (the “Presentation”) shall
Slide 3: Marine: how we operate
Marine: how we operate UK Naval International Naval Technology Engineering Submarines Surface ships Submarines Surface ships Energy and Marine consultancy Equipment Training Equipment Training Equipment Systems › All UK submarine refits and life-extension › 100% Canadian submarine refits › Owned int
Slide 4: Marine: how we do it
Marine: how we do it Advanced technology Technical expertise Unique infrastructure › Design, integrate and support technology › Long heritage of innovative engineering › Owned and managed unique infrastructure (both ours and OEMs’) knowledge and applied technology › UK and International infrastructu
Slide 5: Marine: where we operate
Marine: where we operate Canada UK Rosyth Spain South Korea Clyde Bahrain Oman Australia New Zealand Bristol Devonport 5 Marine Land Aviation Nuclear www.babcockinternational.com
Slide 6: Technology focused business
Technology focused business › Owned intellectual property – complex systems / equipment design and development – ecoSMRT, weapons handling and launch systems (WHLS) › Through-life support of complex equipment – Weapons and C4ISR › Design, engineering and management services – platform integrator of
Slide 7: Unique combination of technical expertise and infrastructure
Unique combination of technical expertise and infrastructure Vanguard Class refit facility Large-scale docking facilities Frigate support centre Owned Ship-lift Astute Class jetty Managed 7 Marine Land Aviation Nuclear www.babcockinternational.com
Slide 8: Solving complex problems for our customers
Solving complex problems for our customers Enhance Deliver critical Upgrade critical Reduce Upgrade legacy platform and and highly and complex through life platforms and system complex national support costs systems availability programmes infrastructure (at lower cost) 8 Marine Land Aviation Nuclea
Slide 9: What we do at Devonport
What we do at Devonport 9 Marine Land Aviation Nuclear www.babcockinternational.com
Slide 10: Devonport: introduction
Devonport: introduction › Largest naval dockyard in Europe › Dockyard owned by Babcock (Naval Base operated by Babcock) › UK centre of excellence for deep maintenance of Royal Navy complex platforms › Provide critical marine and nuclear engineering services, integral to our customers’ operations › S
Slide 11: Devonport: longevity across programmes
Devonport: longevity across programmes › Vanguard Class › Dreadnought Class › Trafalgar Class › Astute Class › Astute replacement › Albion Class (LPD) In service › T23 Class Decommission › T26 Class 2020 2030 2040 2050 2060 2070 11 Marine Land Aviation Nuclear www.babcockinternational.com
Slide 12: Devonport: strong track record
Devonport: strong track record Over the last ten years we’ve delivered: Warship refit programmes › 17 x Type 23 Frigates › 4 x Landing Platform Dock Submarine refit programmes › 3 x Vanguard Class Submarine - Long Overhaul Periods (Refuel) › 6 x Trafalgar Class Revalidation and Assistance Maintenanc
Slide 13: Devonport: strategic support partner to MOD
Devonport: strategic support partner to MOD › Integral to key UK programmes › Continuous At Sea Deterrent › Frigate and anti-submarine warfare deployment › Amphibious assault capability › Key contracts › MSDF - TOBA › Vanguard Class refit and refuel › T23 life-extension › Amphibious support › Weapon
Slide 14: Devonport: integrated with our customers
Devonport: integrated with our customers › Babcock own and operate the Royal Dockyard and nuclear license site Waterfront Wharf's (MOD) › Babcock operate the Naval Base › Completely intertwined with MOD, Devonport Royal Royal Naval and Royal Marines Dockyard site operations and planning HMS Drake (M
Slide 15: Devonport: integral to customer operations
Devonport: integral to customer operations › Centre of excellence for: › Anti submarine warfare surface fleet (ASW) Waterfront Wharf's › All submarine deep maintenance (MOD) work › Amphibious assets › Weapons support Devonport Royal Dockyard › Base port for: › Albion Class (LPD) HMS Drake (MOD) › T2
Slide 16: Devonport Royal Dockyard and Naval Base
Devonport Royal Dockyard and Naval Base Innovations hub on site with a number New Engineering and Business of ground-breaking technological hub completed in 2018 projects in progress STEM programme and apprenticeship schemes Ongoing investment Currently working on five streams of in infrastructure T
Slide 17: iFrigate
iFrigateTM Connected Platform Innovation Vision Data acquisition Data distribution On Board Analytics Data release control Shore side analysis Sensor technology to Sensor bearer On-Board analytics suite The maintainer remains Data analysis shore side capture material state infrastructure to to enabl
Slide 18: Mission Systems
Mission Systems › Weapons centre of excellence - navy gunnery & weapons systems: • 4.5” medium calibre gun / Phalanx close in weapons system / harpoon launch control equipment / Tomahawk land attack missile (TLAM) › Delivering all strategic RF communications and infrastructure for the MOD and custom
Slide 19: Surface ship facilities
Surface ship facilities › Frigate Support Centre (refits) › Non-tidal frigate basin (pre/post refit) › Waterfront wharfs (fleet time) › Landing craft basin and facility (refits) › Large vessels docks (refits) › Asset docks (maintenance) › Non-tidal ship and submarine basin (pre/post refit) › Large v
Slide 20: Submarine facilities
Submarine facilities › Submarine and ship basin (non-tidal pre & post refit/power testing) › Seismically qualified dock (SSBN) › Nuclear defueling dock (SSN) › Fleet time support and maintenance dock › Decommissioning/dismantling dock › Maintenance berths › Non-tidal submarine disposal basin 20 Mari
Slide 21: Nuclear facilities
Nuclear facilities › Low level refuelling facility › Reactor access house (SSBN refit) › Reactor access house (SSN defueling) › Nuclear fuel transfer rail services 21 Marine Land Aviation Nuclear www.babcockinternational.com
Slide 22: Summary
Summary › Leader in naval engineering and support, supported by: › Advanced technology › Technical expertise › Unique infrastructure › Proven operating model based on unique combination of technical expertise and infrastructure › Technology focused business › Devonport › Longevity across programmes
Slide 23: Appendix
Appendix 23 Marine Land Aviation Nuclear www.babcockinternational.com
Slide 24: Devonport Royal Dockyard and Naval Base
Devonport Royal Dockyard and Naval Base Historically MOD owned 1690 1987 2005 2014 1 Dock constructed in South Yard GOCO – “SODA” Partnering on FNF contract 14 Dock RAH build and SRC upgrade 1853 1997 2009 2014 5,6 &7 Docks constructed Privatised, assets purchased WSMI extension MOD opened Royal Mar
Slide 25: Marine Sector (FY18)
5 Marine Sector (FY18) Revenue split Bid pipeline Addressable market 28% 32% 49% £12bn 58% 14% 19% Typical margin range1 Geography UK Naval 7%-11% Intl 21% Intl 33% International Naval 8%-12% Technology2 6%-15% UK 79% UK 67% 1. Excludes gain share 2. Includes customer procurement related revenue Rev
Slide 26: Marine Land Aviation
26 Marine Land Aviation Nuclear www.babcockinternational.com
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