HELLENIC AEROSPACE INDUSTRY & THE ARAB WORLDBUSINESS RELATIONS & PROSPECTS

NOVEMBER 10, 2017

Speech by Charalambos Papaspyros, Vice Chairman HAI BoD

EU Arab World Summit

Introduction (History)

Our vision

Strategic goals

Who we are (Activities)

Our relations with the Arab World (Cooperation & Programs)

Perspectives

CONTENTS

► On November 26, 1975, the agreement for the founding of the Hellenic Aerospace Industry was signed between the Greek State and the five contracted US legal entities: Lockheed Aircraft International, General Electric, Lockheed Aircraft Service, Westinghouse and Austin.

HISTORY

42YEARS

[ 1975-2017]

Throughout its 42-year history, HAI achieved to:

• Support the reliability and operational availability of the aerial assets of the Armed Forces.

• Become major supplier for the largest aerospace companies.

• Become a reference point for Greek Industry and entrepreneurship.

• Ensure steady workload for its production units.

• Develop new products of high technological and financial added value.

• Enlist more than 6.500 employees.

HISTORY

► Be the leading State-owned Aerospace & Defense company in the South-Eastern Europe and MENA region

► Supporting continuously and effectively the Hellenic Armed and National Security Forces.

► Being competitive and profitable

► Applying extrovert policy

► Developing new own innovative products and services including satellite technology

► Being a reliable partner to our customers.

OUR VISION

STRATEGIC GOALS

SUSTAINABILITY & GROWTH

REDUCTION OF OPERATING COSTS

INCREASE HUMAN RESOURCES CAPACITY THROUGH

NEW HIRING

OPTIMIZATION OF HUMAN RESOURCES

PERFORMANCE

PRODUCTIVITY AND COMPETITIVENESS

RESEARCH,HIGH-END

TECHNOLOGY, & INNOVATION

NEW PRODUCTS &

RE-DESIGN

AGGRESSIVE

MARKETING INITIATIVES

STRATEGIC PARTNERSHIPS,

ALLIANCES, AND COOPERATIONS

RE-ORGANIZE & FOCUS ON CORE

BUSINESS

UPGRADE AND ENHANCE CRUCIAL INFRASTRUCTURE

WHO WE ARE - ACTIVITIES

One Stop ShopHAI Facilities

Aircraft PlantEngines Plant

Aerostruc-tures Plant

Composites Plant

Supply Chain Facilities Maintenance

Training

Engines Test Cell

Aircraft BMP

ACTIVITIES - HIGHLIGHTS

2.627 aircraft serviced and/or upgraded

5.683 aeroengines & 1.784 modules delivered

Aircraft Modifications & Upgrades

• P-3 Orion MLU• F-16 (CCIP, Falcon up, Falcon

Star, EW ASPIS)• C-130 Hercules (AUP,

Rainbow Fitting)• Mirage 2000 (upgrade to

2005)• F-4 Phantom (SLEP, AUP)

ACTIVITIES - HIGHLIGHTS

Aerostructures

• C-130J Hercules Fuselage Plug Panels and Mid Fuselage Panels

• F16 Co-Production• NH-90 Helicopter in

Composites manufacturing facility

Electronics

• Communications & Control Systems

• Radar Systems• EW Systems• Integrated Border Surveillance

System “Telemachus”

Training

• Integrated Training Solutions• EASA 147 certified courses

ACTIVITIES - HIGHLIGHTS

EMC Hellas SA A Subsidiary of HAI

1Source Aero ServicesA Joint Venture between HAI and P&W

OUR GLOBAL CUSTOMER BASE

OUR RELATIONS WITH THE ARAB WORLD

HAI’s Business Relations in MENA Region BAHRAIN EGYPT JORDAN KUWAIT MOROCCO OMAN QATAR

SAUDI ARABIA TUNISIA UNITED ARAB EMIRATES

OUR RELATIONS WITH THE ARAB WORLD – PROGRAMS (1)

• Programmed Depot Maintenance (PDM) for C-130 aircraft ofEgyptian Air Force (EAF), Royal Morocco Air Force (RMAF), KuwaitAir Force, etc.

• On-site technical assistance for Grand Visite of Royal Jordanian AirForce Mirage F1 aircraft.

• Support of M53 engine for Mirage 2000.

• Maintenance of Τ56 engine for the Royal Saudi Air Force (RSAF) C-130 fleet.

• Consulting services to Royal Air Force of Oman.

OUR RELATIONS WITH THE ARAB WORLD – PROGRAMS (2)

• Cooperation Framework Agreement with the UAE company AMMROC.

• Participation as shareholders with ArabSat in the Hellas-Sat Consortium.

• Programmed Depot Maintenance (PDM) for CL-415 fire fighting aircraft of RMAF.

• Training Programs for the Armed Forces of several Arab countries.

OUR RELATIONS WITH THE ARAB WORLD (3)

Training programs with the United Arab Emirates Armed Forces

PERSPECTIVES

• Enhance and upgrade existing capabilities through strategic alliances aiming to extend aerospace services in new fields and a broader customer base.

• Upgrade and expand academic training programs of EASA to offer a Higher National Diploma (HND) and/or a Bachelor of Science (BSc) in aviation mechanics specialties.

Promote alliances & synergies

collaboration

alliances

synergies

PERSPECTIVES

HAI - a robust industrial pillar for sustainable business growth between

EU and the ARAB WORLD,

delivering high-end technology products and services.