Airbus 2015 Annual Report Download - page 26

in this sector. Besides the strategic win in South
Korea, the MRTT won confirmation from France
for eight more aircraft and Australia put in a
repeat order for two. The MRTT has now been
selected by nine nations plus the European
Defence Agency.
Eurofighter secured the € 200 million Phase
3 Capability Enhancement (P3E) contract to
enhance greatly its swing-role capability, in
particular with the introduction of the Brimstone
2 precision air-to-surface missile, and also
demonstrated release of the MBDA Storm
Shadow long-range stand-off missile. Flight trials
of an Aerodynamic Modification Kit showed
remarkable potential for future gains in agility.
AIRBUS DEFENCE AND SPACE
2015 RESULTS
Airbus Defence and Space order intake
amounted to € 14.4 billion (2014: € 12.2 billion). At
year end, the order book stood at € 42.9 billion
(2014: € 43.1 billion).
Revenues in 2015 were broadly stable at
€ 13.1 billion (2014: € 13.0 billion), despite the
de-consolidation of some launcher revenues
(around € 500 million) that are now part of the
Airbus Safran Launchers Joint Venture.
Seven satellites were launched into orbit. With
6launches in 2015, Ariane 5 brought up its 69th
consecutive launch success.
Military aircraft deliveries included 11 A400Ms,
4A330 MRTTs and 19 light and medium
transport aircraft.
PROGRESS ON A400M PROGRAMME
During 2015, the A400M industrial situation
improved even if challenges remain on delivering
military capabilities and controlling associated
costs during the ramp-up phase. 2015 saw
the first export customer delivery to Malaysia.
Discussions with customers on the mission
capability roadmap and delivery plan continued.
EBIT* before one-off increased to € 1,060 million
(2014: € 920 million), driven by good programme
execution as well as progress on transformation.
After a € 290 million charge related to the A400M
programme, reported EBIT* stood at € 745
million (2014: € 409 million).
Airbus Defence and Space saw
strong order intake across business
lines, while making further progress
in its transformation and portfolio
optimisation. Underlying profitability
benefited from good programme
execution and progress on
the transformation programme.
ommercial momentum proved
strong in 2015 with among others
14 A330 Multi-Role Tanker Transport
(MRTT) orders, of which 4 from
new customer South Korea. The
Space business won orders for
5telecommunications satellites, including the
first contract for the fully reconfigurable Quantum
satellite with Eutelsat and the European Space
Agency (ESA), and an order from Inmarsat for two
next generation mobile communications satellites.
SPACE HIGHLIGHTS
The European Space Agency (ESA) and Airbus
Safran Launchers laid the foundations for the
future launcher business with the signature of a
contract covering the development of Ariane 6.
Another major Space milestone was the award
by OneWeb of a contract for 900 small satellites,
which will be used to deliver affordable Internet
access globally. The first satellites are due to be
launched in 2018.
ESA orders included the contract for a
spacecraft, named “JUICE”, to study Jupiter and
its icy moons, and a service module for Orion,
the future US manned space capsule.
MILITARY AIRCRAFT HIGHLIGHTS
Military Aircraft booked 17 light and medium
aircraft orders, maintaining its market dominance
C
• Deliver what we promise to make our
products and services a success for our
customers and achieve our operational
and financial targets.
• Deliver A400M capability and ramp up.
• Prepare the future by increasing focus
on the Innovation chain, winning key
sales campaigns and translating growth
strategy into product policies.
• Boost competitiveness through
digitalisation initiatives and a reinforced
continuous improvement culture.
• Engage people by attracting, retaining
and developing talents with a focus on
diversity while maintaining high safety,
ethical and environmental standards.
KEY PRIORITIES for 2016
A330 MRTT REFUELLING A400M
AIRBUS GROUP ANNUAL REPORT 2015 l 24 l