Fair Return 13/06/ SABCA PROPRIETARY DATA

Similar documents
Lessons learnt. Vega Workshop VEGA. Stefano BIANCHI ASI Headquarters, April 1st Stefano Bianchi Vega Programme Manager Slide 1

China Yancheng Environmental Science and Technology City and MCI Group offering a platform for EU/CEE/SEE Companies to enter the China market

Do you have the energy, drive and passion to deliver transformational growth in cricket participation?

PREMIUM PROTECTIVE SUITS AND EQUIPMENT FOR MARITIME OPERATIONS - V.2 - Q AMPHIBIOUS SOLUTIONS BY NEPTUNUS. distributed by

THE GOVERNING BOARD OF THE EUROPEAN INSTITUTE OF INNOVATION AND TECHNOLOGY,

The seamless journey The seamless journey: Public transport links with walking and cycling

Setting. Stories of innovation.

Hans-Rudolf Schurter. Europe North America Latin America Asia-Pacific. The SCHURTER Group

AUSTRIA CONNECT Bogota, October 9, 2017

Basketball Agent 101 Syllabus

Rochester Area Bike Sharing Program Study

2017 Sporting Chance Forum Geneva, 30 November 2017

Olympic Scholarships for Athletes Beijing 2008

Solid results first half year 2004 Accell Group

The CIO Series. IT Projects Are Like Marriages in the View of Malcolm Simpkin, CIO of Aviva UK General Insurance C IO. March 2012

Acquisition of shares in Sferia S.A. 11 March 2009, Warsaw

Resource Guide. Copyright 2017 Institute of Certified Management Accountants. Updated 8/30/17

Preliminary Unaudited Financial Results for 2016

Part I: BYPAD the method Part II: Example: Basel, Switzerland

Key Humanitarian and Development Trends

Accell Group. power in branding and distribution. Business profile. René Takens (CEO) Two segments: - Bicycles, Bicycle Parts & Accessories - Fitness

ECW Operational Model & Results Framework Consultation process and overview. November 22, 2016

Broadcasting International P7S1 Nordics Henrik Ravn, October 10, 2012

STRATEGIC DIRECTIONS

EUROPEAN CHAMPION CLUBS CUP CROSS COUNTRY PROMOTION AND RIGHTS

The European Athletic Association (hereinafter European Athletics) shall promote a European Cross Country Championships every year.

Pedestrian crossings survey in Europe

Terex Materials Processing & Mining

I International Ski Federation (FIS)

The leading motorsport technical publication

Earn an income from your new Lagoon...

FISA. Women s Rowing Development Strategy Jacomine Ravensbergen FISA Women s Cross Commission Chair

SALARY SURVEY OF SCRUM PROFESSIONALS sponsored by scrum alliance

Educating the next generation of Leaders in Sport Management. Postgraduate Diploma in Football Business JOHAN CRUYFF INSTITUTE. Barcelona,

XXVII. IHF Coaching Education Regulations

The African Road Safety Observatory

International Ski Mountaineering Federation

The changing world of international sports events

IMD Governance Review at a glance

How European Lotteries fund grassroot sport and make it sustainable in the long term

OUR TRIATHLON VISION

Australian Biathlon Strategic Plan Overview

Desso idna. Your IDea, our DNA

European Cases in Entrepreneurship edited by Thomas M. Cooney and Rickie A. Moore. Beyond Products (Belgium)

World Wrestling Plan. Our strategy for a stronger future. Round 1:

FROM CARPET TO TURF Shaw Industries Group, Inc. 616 East Walnut Avenue, Dalton GA

KIWI HOOPS PROGRAMME PLAYER BASKETBALL NEW ZEALAND KIWI HOOPS PROGRAMME GUIDE.

Space Launchers. Cryogenic, gas-related equipment and engineering solutions for launchers and launch pads infrastructures

TIDEWATER GOVERNMENT INDUSTRY COUNCIL

CITY OF VANCOUVER ADMINISTRATIVE REPORT

II. Comments Regarding the Mitigation Goals of Net Conservation Benefit and No Net Loss

The European Athletic Association (hereinafter European Athletics) shall promote a European Cross Country Championships every year.

Cyfrowy Polsat IR Newsletter February 2018

M E D I A S E T G R O U P

France : Economic developments and reforms, where are we heading?

The first Deliberative Poll in Poland

World Rowing s Strategic Framework

OCTOBER 2018 EXECUTIVE SUMMARY

ABOUT BATA INDUSTRIALS

Start and Completion dates The kick off was on May 20th They want to continue for three years, but it is depending on financial support.

International Simulcast Update PMU French Racing

Fabio Perini dreamed of, and subsequently designed, a sailing boat with a new conception where the main features were:

open a football school withfootball academy in the united kingdom

The European Athletic Association (hereinafter European Athletics) shall promote a European Race Walking Cup every uneven year.

Diversity and inclusion report 2015 and projects 2016

WE CARE ABOUT FOOTBALL

Big Bike Revival Scotland - Cycling Development Officer. Job Description and Responsibilities.

INNOVATIVE BROACHING TECHNOLOGY

Understanding UK Sport s role. May 2018

High Performance Playbook

The European Athletic Association (hereinafter European Athletics) shall promote a European 10,000m Cup every year.

STRATEGIC PLAN. Arctic Winter Games International Committee

ike the Olympic Games, Celebrate Humanity transcends sport. Like the Olympic Games,

Analyst Presentation. Milan, 6 March 2008

UNCLASSIFIED. Foreign & Commonwealth Office Main Estimate Memorandum for the Foreign Affairs Committee

AB AMBER GRID RULES FOR NATURAL GAS TRANSMISSION SYSTEM BALANCING I. GENERAL PROVISIONS

SOCHI WINTER GAMES IN 2014: NEW OPPORTUNITIES FOR COOPERATION

The power of the wind

Astellas Pharma. Canada, Inc. Advancing Global Business. Talking with Hiro Ozaki, President, Astellas Pharma Canada, Inc.

IFA Strategic Plan

Interim Management Statement and Details of change to licensing arrangements for the Betting Exchange in the UK

CIPS Australasia Meet & Greet. Canberra 17 February 2014

MEMORANDUM OF UNDERSTANDING ON THE CONSERVATION OF MIGRATORY BIRDS OF PREY IN AFRICA AND EURASIA

WOMEN`S FOOTBALL STRATEGY

SUMMARY OF SAFETY INVESTIGATION REPORT

Trust begins with respect.

OPAP S.A. Corporate Presentation November Nikos Polymenakos Investor Relations

The NDP platform has seven key commitments in this election; I hope that your members can take a moment to review them at

The international. ski market

2017 International Conference on Advanced Education, Psychology and Sports Science (AEPSS 2017)

Explosion Isolation. No matter what happens - nothing happens. / RICO Slide Valve RSV-D, RSV-G, RSV-P

PRESENTATION TO THE BRITISH COLUMBIA LEGISALTIVE STANDING COMMITTEE ON FINANCE September 26, 2013

BYE-LAWS TO ARTICLE 56 DUTIES OF THE COMMISSIONS AND WORKING GROUPS

NON-MOTORIZED TRANSPORT: WALKING AND CYCLING IN ALL CLIMATES AND ENVIRONMENTS

Board Approved First Revision, April 2006 MISSION STATEMENT

SEMPERIT AT GLANCE. Worldwide leading manufacturer of rubber products with four divisions. Top market positions in all divisions

Kestrel News, Tech Talk, Flexible Technology, Merlin and Kestrel on the Global Route to Success, What You Continually Say About Us?

Fact Sheet part of eex group

Taking biathlon into a new era Olle Dahlin

Extreme Sportsbook (XSB)

Transcription:

SOCIETE ANONYME BELGE de CONSTRUCTIONS AERONAUTIQUES Slide 1

ORIGIN SPACE Launch of European programs of big size - too big for only one country, even large - interest of smaller countries Wanted balance Spending National progress Chosen solution FAIR RETURN Principle of FAIR RETURN Global program Financing by 1 State Contracts to the same country 1000 MEUR 50 MEUR 50 MEUR Verification of balance before decision and after realisation Slide 2

ORIGIN DEFENCE Acquisition of big equipments - By foreign suppliers Requirement of national activities Purchase Return to national budget Net cost for the State 1000 Mios EUR - 500 Mios EUR 500 Mios EUR Offsets - Development not accessible to the country Technical Budget Development in cooperation Fair distribution of developments Fair distribution of productions Slide 3

ORIGIN SIMILARITY - FAIR RETURN - Offsets obligations - Development in cooperation Interest recognized by all the parts Slide 4

FAVOURABLES ASPECTS OF FAIR RETURN Allows launching of big size programs - Motivation to take part in - ESA example ARIANE launchers Satellites Scientific programs Exploration Innovations access to all the countries taking part - Development of High Tech activities - Creating niches Export Interest for smaller countries in big programs Close the large budgets Slide 5

FAVOURABLES ASPECTS ASPECTS FAVORABLES OF FAIR RETURN Favours «Networking» - Generates other cooperation's, alliances, developments and activities Standardisation - Due to the close cooperation Increase of innovation and of its productivity - Contribution of the best by every participant - Fertilisation by the partners Slide 6

UNFAVOURABLE ASPECTS OF FAIR RETURN ACCORING TO OTHER OPINIONS Fewer competition - Competitiveness because specialisation and solidarity of the participants Competences dispersion Really very limited nevertheless Progress to carry on Role Will of ESA Difficult management - Require a competent, experienced and specialized prime contractor Focused on for his CORE COMPETENCE - Not competitor of its suppliers Slide 7

UNFAVOURABLES ASPECTS OF FAIR RETURN ACCORDING TO OTHER OPINIONS Difficult of the decision process - Competition on fundamental orientations - Fair return between big players pm Fair return applied by national agencies for national programs Slide 8

EVOLUTION FAIR RETURN FAIR CONTRIBUTION Adaptation of the national financing to contracts obtained by the national industry - Flexibility National industry - High performance - Highly competitive Slide 9

THE EXAMPLE OF S.A.B.C.A. Participation in Defence programs (F16) - Acquisition of * Modern projects management * Modern quality management * Servoactuators capabilities * Structures capabilities Ariane program Thanks to the acquired competences, due to fair return - Ariane 4 Slide 10 Structures Servoactuators production and design

ARIANE 4 Servo Moteur interconnectable (SMI) Slide 11 Groupe hydraulique servo moteur (GHSM)

THE EXAMPLE OF S.A.B.C.A. Ariane program - Ariane 5 High stress structures High power servoactuators on all stages Leadership Slide 12 production and design

ARIANE 5 Slide 13

THE EXAMPLE OF S.A.B.C.A. Competitiveness of the launcher - due to solidarity in the efforts to progress inspite of the smaller number of potential suppliers Slide 14

THE EXAMPLE OF S.A.B.C.A. The FAIR RETURN rule is only applied in developments - The commercialisation is managed by ARIANESPACE Worldwide competition - Return to participating countries for the production over 20 years = 4 to 10 times the initial investment by the country Slide 15

THE EXAMPLE OF S.A.B.C.A. VEGA Structures Servoactuators on each stage production and design with positioning control Slide 16

VEGA AVUM Z23/Z9 P80 Slide 17

THE EXAMPLE OF S.A.B.C.A. FAIR RETURN by S.A.B.C.A. has generated competitive niches. The Belgian return allows continuous support of Belgium to Space programs. Slide 18

CONCLUSION FAIR RETURN - has generated European successes - has generated new cooperations in the created network - has distributed innovation over many countries - has generated worldwide leaderships To benefit of the advantages and restrict the disadvantages - FAIR RETURN rule continuation - Improve the countries and companies specialisation with ESA coordination Slide 19