Melrose Investor Day Presentation Deck
$bn
850
800
750
700
650
600
550
500
450
400
Melrose
Strong position on the leading defence platforms
Actual
US Department of Defence base budget
I
CAGR -2%
2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Source: US Congressional Budget Office
Defence market remains healthy
US defence budget is the same size as the next 11
global defence budgets combined¹
■
■
■
F-35 order book ensures stability ahead
Global F-35 deliveries valued above $15bn a year
to at least 2030
■
■
Steady growth in US budget forecast, with ongoing
global tension expected to lead to further increase
in defence budgets
Defence CAGR in line with the market to 2030
I
GKN Aerospace's outstanding position on F-35
establishes technical and political credibility for
next-generation fighters in Europe and US
Strong European position for growth
GKN Aerospace a national champion with Ministry
of Defence (UK) and Ministry of Economics (NL)
Partner in Tempest next-generation fighter
Buy
Improve 1. Source: Peter G Peterson foundation. Next 11 budgets relates to China, India, Russia, UK, Saudi Arabia, Germany, France, Japan, South Korea, Italy and Australia
Sell
44View entire presentation