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1. 3 May 2007 | 1
2. 3 May 2007 | 2 Agenda Smiths Detection – a strong business in a growing market
Business fundamentals
Our key sectors
3. 3 May 2007 | 3 Smiths Detection - How we do what we do
4. 3 May 2007 | 4 Smiths Detection offering widest range of detection technologies
5. 3 May 2007 | 5 The story so far - Growth driven by acquisitions and the perception of the threat
6. 3 May 2007 | 6 Where Smiths Detection sits in the security sector
7. 3 May 2007 | 7 Increased customer spending creates new opportunitiesThe US DHS plan is focussed in areas where Smiths Detection is strong DHS 07 budget priorities
Strengthening border security and interior enforcement
Improving maritime security
New strategies for aviation security
Increase emergency preparedness and response
8. 3 May 2007 | 8 Continued profitable growth - Investment in R & D for strong new product programme Improvised explosive devices
9. 3 May 2007 | 9 Smiths Detection - strong positions in key sectors Emergency response is growing, following SensIR acquisition and increased US government grants.
Military is stable
Service is mostly TSA generated (ref. our recent Siemens agreement)
Emergency response is growing, following SensIR acquisition and increased US government grants.
Military is stable
Service is mostly TSA generated (ref. our recent Siemens agreement)
10. 3 May 2007 | 10
11. 3 May 2007 | 11 Growing the Ports & Borders business Strategy 1: More flexible product range
12. 3 May 2007 | 12 Growing the Ports & Borders business
13. 3 May 2007 | 13 Major opportunity in Russia Installation of 1 fixed system for RF Customs at Russian-Ukrainian border Nov 2005
St Petersburg factory opened June 2006.
Installed 4 fixed and 2 mobile systems in late 2006/early 2007
Currently tendering for multiple additional fixed and mobile systems
St Petersburg factory also manufacturing conventional X-ray systems for Russian customers
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15. 3 May 2007 | 15 The strategy will focus on three key areas
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17. 3 May 2007 | 17 Building capability - developing new business
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19. 3 May 2007 | 19 Strategy based on a strong product pipeline
20. 3 May 2007 | 20 Our focus: Screening systems to prevent explosives/weapons being taken onto aeroplanes
Primary Areas: Checkpoint, hold baggage, air cargo
21. 3 May 2007 | 21 Airport security demand will grow at around 10%p.a
Sources of growth:
Traffic growth
New threats
Move from lobby inspection to “in-line”
New EU standards
Replacement of systems procured immediately after 9/11
22. 3 May 2007 | 22
23. 3 May 2007 | 23 Checkpoint screening systems – The main players in airport checkpoints
24. 3 May 2007 | 24
25. 3 May 2007 | 25 Hold baggage screening systems
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27. 3 May 2007 | 27 GE Security Homeland Protection - History
28. 3 May 2007 | 28 The shape of Smiths GE Detection - Over 50% of revenue will be from airport security
29. 3 May 2007 | 29 The shape of Smiths GE Detection - true global presence, GE HLP adds strong US engineering base + global service organisation
30. 3 May 2007 | 30 Smiths GE Detection - Linking to GE Research Centres Access to GRC research programmes
Opportunities to bring in other technologies
GRC
2600 researchers
5 research centres world wide
$500m annual research spend
31. 3 May 2007 | 31 Establishing Smiths GE Detection
32. 3 May 2007 | 32
33. 3 May 2007 | 33 Summary