Melrose Investor Day Presentation Deck
COMAC and AVIC joint venture¹ to drive rapid revenue growth in China
Two wholly owned sites today
Wiring assembly, Langfang (1997)
Melrose
Front & cabin windows, Jingjiang (2021)
12,000 m²
850 people
Buy
Improve
Sell
New joint venture site to open in 2023
100,000m²
site opening
end of 2023
Aerostructures JV with COMAC and AVIC, Jingjiang
1. GKN Aerospace has 40% share in joint venture
2. 2030 revenue includes £144m of sales from the joint venture that we participate in with a 40% share
China to become the largest
aviation market in the 2030s
COMAC >1,300 orders for
single-aisle aircraft
Joint venture with COMAC and
AVIC unlocks path to
indigenous Chinese market
and global exports
GKN Aerospace China revenue²
Today
~£60m
Joint venture with COMAC and AVIC underpins future growth in China
2030
£270m+
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