Melrose Industries: GKN Aerospace

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Going back to the products again, specifically at the El Cajon facility, you mentioned the engine structure. Could you paint a picture of exactly what type of products were coming out of that facility?

Their primary product line, which remains their primary product line, was military engine casings. These were the outer shell casings for engines like the Pratt & Whitney F135 engine and the F119 engine. They also had unique exhaust structures on the F119 engine, as well as engine ducting, which they referred to as ducting but are really external casings. If you look up the F135 engine, you'll see isogrid, triangle-shaped integral stiffened patterns on these cases. These outer cases are used on both the F135 and F119 engines. They also produced cases for GE on the F404 and F414 engines. That was their primary product, and they had everything needed to produce them. They could roll them, weld them, perform inspections, machining, etc. These products were made complete. The business was founded on this type of product back in the sixties and seventies.

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Yes, they are certainly promoting it. They aim to double the repair business, which is about £120 million, or approximately $150 million globally. Most of this business is likely in the US, with some in Malaysia as well.

They have a site in Malaysia, but it doesn't generate much revenue yet. I'm estimating that between 40% and 60% of the business is in North America, with the remainder in Europe.

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