Crane Company · NYSE:CR
Crane — Crane Co. 2021 Aerospace & Electronics Investor Conference (Virtual)
23 slides from Crane's conference presentation, May 26, 2021
Slide 1: Aerospace & Electronics Overview
Aerospace & Electronics Overview Steve Zimmerman, President
Slide 2: Aerospace & Electronics
AEROSPACE & ELECTRONICS » MARKET GROWTH, EXPANDING THE CORE, AND BREAKTHROUGH INNOVATION
Slide 3: Expecting Strong End Market Recovery
EXPECTING STRONG END MARKET RECOVERY Secular and Cyclical Drivers Commercial aviation rebound Favorable demographics Strong defense budgets
Slide 4: Accelerating Growth from Continued Investments
ACCELERATING GROWTH FROM CONTINUED INVESTMENTS Consistent Investment Expanding addressable market Aligning with secular trends Delivering breakthrough innovations
Slide 5: Growing Opportunity for Inorganic Growth
GROWING OPPORTUNITY FOR INORGANIC GROWTH Adjacencies Leveraging Core Competencies Bolt-Ons to Existing Solutions • Power Conversion • Fluid Management • EMI Design and Assembly • Landing Systems • Condition and Position Sensing • Sensing Systems • Pressure and Flow Measurement • Power Solutions • Fl
Slide 6: Building on a Strong Foundation
BUILDING ON A STRONG FOUNDATION Ethical Culture Philanthropy, Sustainability, Equality Crane Business System »
Slide 7: Aerospace & Electronics
AEROSPACE & ELECTRONICS » » MARKET GROWTH, EXPANDING THE CORE, AND BREAKTHROUGH INNOVATION
Slide 8: Our History
OUR HISTORY 1904 Lear Romec 1943 Hydro-Aire 1947 P.L. Porter Fluid Management 1954 Merrimac Landing Systems 1956 Polyflon Sensing Systems 1957 ELDEC Power Solutions 1958 Keltec Microwave Solutions 1969 Interpoint 1982 Signal Technology » RICH HISTORY OF LEGACY BRANDS TRANSFORMED INTO AN INTEGRATED O
Slide 9: Strong Foundation on Legacy Platforms
STRONG FOUNDATION ON LEGACY PLATFORMS Mature Programs Aftermarket Support Spares & Repairs » LIFE-OF-PLATFORM PRODUCTS AND SERVICES PROVIDE ANNUITY-LIKE REVENUE STREAM
Slide 10: Long Term Growth from High Volume Production
LONG TERM GROWTH FROM HIGH VOLUME PRODUCTION 737 MAX A320neo C919 » COMMERCIAL MARKET RECOVERY GAINING MOMENTUM
Slide 11: Strong Position on All Major Military Programs
STRONG POSITION ON ALL MAJOR MILITARY PROGRAMS F-35 KC-46 Patriot Missile System » HIGH-PROFILE AND CLASSIFIED DEFENSE APPLICATIONS DRIVING GROWTH
Slide 12: Direct Line-of-Sight to Strong Core Business Growth
DIRECT LINE-OF-SIGHT TO STRONG CORE BUSINESS GROWTH Legacy Platforms $M 5%-7% • Spares and Repairs CAGR • Retrofits, Mods, Upgrades + SECURED CORE EXPANSION New Growth Platforms • OEM Production CORE • Initial Provisioning • Spares and Repairs » HIGH CONFIDENCE BASELINE GROWTH OF 5%-7% BASED ON CONT
Slide 13: Differentiated Technology & Engineering Capabilities
DIFFERENTIATED TECHNOLOGY & ENGINEERING CAPABILITIES
Slide 14: Differentiated Technology & Engineering Capabilities
DIFFERENTIATED TECHNOLOGY & ENGINEERING CAPABILITIES
Slide 15: Differentiated Technology & Engineering Capabilities
DIFFERENTIATED TECHNOLOGY & ENGINEERING CAPABILITIES
Slide 16: Aerospace & Electronics Core Competencies
AEROSPACE & ELECTRONICS CORE COMPETENCIES Core A&E Capabilities • Power Conversion Power • EMI Design and Assembly Solutions Sensing • Condition and Position Sensing Systems • Pressure and Flow Measurement • Flow Management Fluid & Thermal • Liquid Cooling Management Landing • System Control Algorit
Slide 17: Capturing Next Generation Systems
CAPTURING NEXT GENERATION SYSTEMS Low Earth Orbit (LEO) Satellite Networks Urban eVTOL Electric / Hybrid Military Vehicles Alternative Propulsion Aircraft » CRANE CORE COMPETENCIES ALIGNED WITH EMERGING GROWTH AREAS
Slide 18: Delivering Breakthrough Innovation
DELIVERING BREAKTHROUGH INNOVATION Aerospace & Defense market $M 7%-9% evolution providing the CAGR framework for our strategic BREAKTHROUGH initiatives SECURED CORE EXPANSION Positioning Crane for emerging markets Adding further growth CORE » ENHANCING GROWTH BY ADDRESSING AND DRIVING NEW MARKET TR
Slide 19: Growth Through Adjacencies
GROWTH THROUGH ADJACENCIES Core A&E Capabilities Organic • Power Conversion • EMI Design and Assembly • Condition and Position Sensing • Pressure and Flow Measurement • Flow Management • Liquid Cooling Adjacencies • System Control Algorithms Acquisition • Electric and Hydraulic Actuation • High Freq
Slide 20: Landing Systems
LANDING SYSTEMS Demonstrated Excellence Designing the Future • All Boeing Commercial Aircraft • Patented Zero Wheel Speed • All Major U.S. Military Platforms • Superior System Performance • Robust and Adaptable • Every Landing Gear and W&B Configuration • All Landing Environments • Brake Energy Mana
Slide 21: Microwave
MICROWAVE Reliable Partner Well Positioned • High performance • Unprecedented program • High circuit density developments • Tier 1 IMA supplier • F-35 • SEWIP (U.S. NAVY) • Strong OEM relationships • PEREGRINE • U-2 • Emerging Opportunities • LEO communications • Next generation radar • Ground based
Slide 22: Aerospace & Electronics Crane
AEROSPACE & ELECTRONICS CRANE
Slide 23: craneae.com
INNOVATIVE | TRUSTED | COLLABORATIVE craneae.com
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