embraer defense & security defense & security aviation
TRANSCRIPT
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Defense & Security Aviation - Proposal
• Highlights
• Receita (Participação dos programas na receita)
• Margens
• Backlog
• Status dos Programas
• Projetos Futuros
EMBRAER DEFENSE & SECURITY
Jackson Schneider
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2015 HIGHLIGHTS
KC-390 Flight Test Campaign Update
Major Defense Programs
International Exposure
Financials
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2015 HIGHLIGHTS
Financials
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Revenue
346
505 499
670
852
1,056
1,197
1,456
811 7.0% 8.0%
9.0%
12.6%
14.5%
17.1%
19.2%
23.2%
13.7%
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016E
Revenue (US$ Millions) Participation (%)
700 – 750
12%
Revenue
Evolution
(US$ Millions)
CAGR
8,4 %
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Major Impacts in 2015
60%
40%
Net Revenueprevious outlook
BudgetRestriction
BRLDevaluation
Net Revenue
$ 1,100 - $1,250
$ 811
Revenue
Reduction
(US$ Millions)
50% BRL devaluation year to date
Ref.: Dec, 2015.
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Revenue Breakdown
*Atech Bradar Savis Visiona Revenues Breakdown by Product
Ref.: Dec, 2015
2015 2016E
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1.1 1.0
1.5
3.2 3.3 3.3 3.4 3.6
5.5
4.7
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Backlog
Evolution
(US$ Billions)
Backlog
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Backlog Reduction
50% BRL devaluation year to date
Book to Bill
Above 1 X
(US$ Billions) $5.5 $0.8
$1.0 $1.0 $4.7
Backlog - Dec/14 Reported revenues2015
Exchangeimpact
Newcontracts
Backlog - Dec/15
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27%
53% 62%
71% 69% 59%
2010 2011 2012 2013 2014 2015
Brazil Others
Defense Exposure to Brazil
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2015 Highlights
KC-390 Flight Test Campaign Update
Financials
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KC-390 – DEVELOPMENT
-
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89% Completed
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KC-390 – VIDEO
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Joining the Family
KC-390 – 2nd PROTOTYPE
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2015 HIGHLIGHTS
KC-390 Flight Test Campaign – Update
Major Defense Programs
Financials
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15 out of 20 aircraft delivered as of Jan/2016.
High fleet availability.
Four Super Tucanos already in Afghanistan.
SUPER TUCANO LAS
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Gripen Design and
Development Center
under construction.
Technology Transfer:
46 engineers in Sweden.
NEW BRAZILIAN JET FIGHTER
GRIPEN NG
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BRAZILIAN SATELLITE (SGDC)
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Spacecraft Ground Segment
• All units delivered and tested;
• Spacecraft mating done;
• Assembly, Integration and Test
(AIT) phase on-going.
• Main subsystems developed and
tested;
• On-site installation and validation;
• TCR Antenna assembled in Brasilia.
TCR – Telemetry, Command and Ranging
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SURVEILLANCE OF BORDERS (SISFRON)
International interest
Visit from more than 30 countries
(Latin America, Middle East and North Africa)
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• Air defense radar.
• Operates in medium-height for surveillance and missiles
guidance with range of 200 km.
• Successfully tested by the Brazilian Army.
• Development to be concluded in 2017.
RADAR: SABER M200
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RADAR: SABER S200R
Radar designed for Air Traffic Control (ATC) with a range of 370 km.
Certification to be concluded in Mar/16.
To be integrated with Air Traffic Control Systems.
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BRAZILIAN AIRCRAFT PROGRAMS
Amendment signed for 2nd batch: 3 aircraft. F-5
Production on hold.
Amendment been negotiated to reduce from 43 to 14 aircraft. A-1M
Development activities ongoing, to be concluded until 3Q16.
Production on hold. A-4
Program on hold. E-99
VU-Y 1st aircraft on test campaign.
Amendment been negotiated.
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2015 HIGHLIGHTS
KC-390 Flight Test Campaign – Update
Major Defense Programs
International Exposure
Financials
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TRAINING TO UK ARMED FORCES
Phenom 100 selected
5 aircraft
Military Flight Training System
United Kingdom´s Ministry of Defense
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SUPER TUCANO
99 25
8 12
18 16 21
3 6 2
Mali: 6
Ghana: 5
Lebanon: 6
Undisclosed: 2
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SERVICE AND SUPPORT EXPANSION
F16 C-130
• Royal Netherlands Air Force; • Spain Air Force;
• Ethiopia and Afghanistan.
New contracts
60 Contracts in place (+ 28% YoY)
Backlog US$ 470 million (+ 77% YoY)
Chile Honduras Ecuador Colombia Panama Mexico
India
Brazil
Italy Belgium France Mali Mauritania
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M60
M20
S200
M200
SAR3000 Comint
Super
Tucano
KC-390
Transport
Strategic
Comm
Satcom
ATC Control
Systems
Mission
Systems
Complex
projects
Integration
Border
Surveillance C4ISR
INTEGRATED PORTFOLIO
Comm.
Integration
ISR
Cyber
Air Space
Land
Athena
Training
Flight Inspection
Air Defense
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