Growth Milestones 1942 Foundation 1950sManufacture of Aerospace components 1960sDesign & Manufacture...
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Transcript of Growth Milestones 1942 Foundation 1950sManufacture of Aerospace components 1960sDesign & Manufacture...
Growth Milestones1942 Foundation
1950s Manufacture of Aerospace components
1960s Design & Manufacture first Landing Gear
systems
Manufactured the Apollo lunar module
landing gear
1970s First Major R&O Contract for USAF
1985 Management buy-out
First major military manufacturing contracts
(C-130, F-4, F-15, KC-135R)
1986 Listed as a Public company (TSX:HRX)
Growth Milestones
1987 Creation of Gas Turbine Division
1999 Creation of Aerostructure Division
2000 Merger with Devtek Corporation
2002 Design Engineering Expansion
2003 Awarded 10 year USAF R&O contract
2004 Acquisition of Progressive Inc. (Dallas)
2007 Celebrated 65 years
2010 Acquisition of Eagle Tool and E-2 (Ohio)
2011 Opening of Héroux-Devtek Mexico
Héroux-Devtek Today
LO NG UEU I L
LAVAL
K I TC HEN ER
EN G I NEER I NG
C LEVELAND
S PR I NG FI ELD
LANDI NG GEARMartin Brassard
PR O G R ES S I VE
M AG TR ON
D O R VAL
Q U ER ETARO
AEROSTRUCTURERick Rosenjack
C I N C I N N ATI
GAS TURBI NE COMPONENTSMike Meshay
HEROUX DEVTEK I NC.President and CEO
Gilles Labbé
Cincinnati
Kitchener
Toronto
City of Montreal
SpringfieldArlington
Dorval
Cleveland
Longueuil
Laval
Queretaro
358 M$ Annual sales in Fiscal 20111650 Employees 13 Facilities/Offices in North America Financially Sound Company
Major Investments during the last 3 yearsAccess to Capital
Héroux-Devtek Sales
Large civil16%
RJ / BJ12%
Helicopter & other
6%
Military47%
Military R&O12%
Industrial7%
Sales by segment
Landing Gear64%
Aerostructure29%
Gas Turbine7%
Sales by Division
Sales evolution
0
100
200
300
2005 2006 2007 2008 2009 2010 2011
Years
$
Landing Gear Aerostructure Gas Turbine
338
233
256
283308 320
358
Debt /EBITDA
Debt / Cap.
Héroux-Devtek 1.2x 27.6%
Industry Average 1.9x 31.5%
Industry Median 1.7x 30.3%
Financially sound
Broadening services to provide ultimate customer satisfaction
• 5 Axis high speed and conventional profile milling • Aluminum & Titanium• Tooling & Support
• Raw material integrator• Methods/concept Development• Manufacturing R&D• Customer support• Vacuum/dip brazing
• Machined part/hardware• Kits to support aftermarket/aircraft modifications• Small business partner
Complex Machining
Kitting Value-AddedServices
• Hole drilling-fastener installation• Wet sealant application• Cold expansion of holes• Bushing installation• Emerging business for structural assembly
Aircraft Assembly
AEROSTRUCTURE DIVISION’S CAPABILITIES
12 large 5-axis gantries, 270,000 sq ft climate-controlled facility
STATE OF THE ART MACHINING AND ASSEMBLY FACILITY
Building on Experience to Design the Future
• 90 Engineers • CATIA V5-R17/18 & V6• MBD/DPD• Full Test capabilities:
Drop test tower up to 100,000 lbs
• Fully Integrated facility• Complete support• I.L.S.
• Complete system integration
• Full landing gear systems
• Supply Chain Management
• Small to Large size landing gear components
• Hydraulic actuators• Rotor Hubs
PrecisionManufacturing
Assembly Repair & OverhaulEngineeringDesign
LANDING GEAR DIVISION’S CAPABILITIES
Design & Development Office
90 experienced engineers
St-Hubert
2DROP
TEST
TOWERS
STATIC-FATIGUE-ENDURANCE
Drop Test Tower Specification Load Range (pounds): 5,000- 100,000 Max. Sink Speed (ft./s): 24 High Speed Data Acquisition System
(Ch.) 64/96 at 5kHz per channel
Static/Fatigue/Endurance Test Rig Specification: 3200 sq. ft. of Floor Space Servo Controlled Loading Actuator: 16 Data Acquisition System (Ch.) 64/128
HD’s route to integration
Repair & Overhaul :•Finishing•Assembly•Performance knowledge
Product improvement•One piece forging•Corrosion Protection•Credibility
MFG of Spare parts•Equipment•Programming•Know-how of critical part
80’s
Build To Print Assy •C130 Assy to Lockheed•KC-135 and P3 to US Government
Landing Gear Design•Design / Manufacture the Learjet 45 and RQ4A & B
90’s
Systems Design and integration•W&B, Steering, Retraction•CH53K and Dassault
2010
Design Development and Qualification•X45, BA 609, F-35 uplocks, Legacy 450 and LJ 85
2000We use our Engineering Expertise as a Locomotive
Constraints that will have to be managed:– Development schedules are challenging– Limited Allocated space and geometry of our product– Loads and Interfaces– Changes during the development phase
Integrator’s challengesInnovation
Landing Gear
Reliability
Weight
Cost
Understand the Customer’s requirements
Integrator’s challengesBetween the OEM and the supply chain
J.D.P /
P.D.R
•Harmonize Interfaces with aircraft and the different systems
•Loads Development•Design Trade Off
studies•Final Design
optimisation•Qualification Test Plan•Selection of Material
and Processes•Forging Drawing
Release
J.D.P / P.D.R. C.D.R. Prototyping Qualification
12 months 24 months6 months6 months
Integrator’s challengesBetween the OEM and the supply chain
J.D.P / P.D.R. C.D.R. Prototyping Qualification
12 months 24 months6 months6 months
C.D.R.
•Detail Design phase – Validation of the loads
•Optimization in terms of Reliability / Weight and Costs
•Performance & Reliability of the complete system with the different systems (Retraction systems / Steering control / W&B controls / etc.)
•Assemblies and Interface validation
•Drawings Release•Qualification Tests
Procedures •Preliminary
Suppliers selection
Integrator’s challengesBetween the OEM and the supply chain
J.D.P / P.D.R. C.D.R. Prototyping Qualification
12 months 24 months6 months6 months
Prototypin
g
•Final Drawings Releases (500+ different parts)
•Preparation of Tooling / Methods / Programming
•Suppliers Selection•Manufacturing and
Processing Authorization
•First Article and Source Inspection
•Assembly and Testing•Highly Accelerated Life
Testing (HALT)•Engineering Support
Integrator’s challengesBetween the OEM and the supply chain
J.D.P / P.D.R. C.D.R. Prototyping Qualification
12 months 24 months6 months6 monthsQualificatio
n
•Drop Testing•Static Testing•Endurance & Fatigue
Testing•Environmental Testing
•Safety of Flight = 6 months
•Full Qualification = 2 years
J.D.P / P.D.R. C.D.R. Prototyping Qualification
12 months 24 months6 months6 months
Integrator’s challengesBetween the OEM and the supply chain
Typical Lead time – 18 months
DWG release First delivery
How do we cope with the schedule challenges?
Organizational Structure
• Responsible for the first 10 shipsets
• Business Unit
Team & People• Commitment & Communication• Supply Chain
Risk Taking approach• Manufacturing • Forgings• Supply Chain
Integrator’s challengesBetween the OEM and the supply chain
Other Challenges
Development Costs• Development costs are the
responsibility of the integrators• Tooling & Dies• Engineering effort• Qualification effort
• Need Risk Sharing Partners
Contract Duration• Prices are fixed for the duration
of the contract• Performance goals are set for
the duration of the contract• MTBF / MTBUR / DR• Warranty• Delivery
• Need Risk Sharing Partners
Product Support• Need to cover the Fleet• Service centers• Field Representatives
• Need to offer 24 / 7 service• A.O.G.• Trend Monitoring to avoid large
retrofits
• Need Risk Sharing Partners
InnovationCustomer wants more:
Weight ReductionNoise Reduction
Manufacturing Processes
Performance Monitoring
Landing Gear
Reliability
Weight
Cost
Low Life Cycle CostsNew Material
Innovation
Research & DevelopmentMaterial & Processes
• Understand properties• New Materials• Green Corrosion Protection• New manufacturing Processes
Mechanics & Systems• Noise Reduction• Weight & Balance• Performance monitoring• Systems simulation
Chrome
Green