WINTER 2019 Review Page 4 Page 6 Page 20 Interview Sustainable SMART with CTO flight Support Martine Gagné Technology and Innovation Special CONTENTS 2 Technology and innovation special 3 Employee engagement survey 4 Meet Martine Gagné our 14 Chief Technology Officer What’s 6 In support of sustainable flight Diversity 8 Thermal solutions & Inclusion A round-up of our NET CONTENTS 6,500 employees 10 New National Additive Manufacturing Centre employees supporting DRAMA facility at MTC D&I this year in this 13 Innovation is truly in our DNA HPC 14 Diversity and inclusion 16 HPC – To 2020 and beyond 16 issue? 18 Embraer Legacy 500 Lufthansa Technik Shenzhen CLEANS– LUBRICATES 19 HPC – To 2020 MAXIMISES PERFORMANCE 20 SMARTSupport™ and beyond Two HPC success 22 Around the world Saltillo stories are shared Our evolving Meggitt Production System In support of sustainable flight 24 Apprentices – Top 5 Read about the challenges and 26 opportunities our focus on reducing 28 Sharing your stories CO2 emissions can bring. 30 News round-up 26 Contract wins 32 Apprentices 6 – Top 5 Hear from our new group of apprentices 30 Meet Martine Gagné Welcome to the latest issue our Chief Technology Officer News round-up of the Meggitt Review. Catch up with the highlights from across We have interviews with our Meggitt, including CTO Martine Gagné and new some of your stories apprentices. We also have stories from colleagues across the business including success stories on HPC and an update on MPS. 32 Enjoy this issue, and if you 4 would like to share something in future Reviews, please contact Contract wins [email protected] See all our contract wins since the Summer edition This publication The Meggitt Keep up to date Review is Meggitt PLC’s magazine for colleagues. Headquartered facebook.com/ in the UK, Meggitt is an meggittglobal international group operating in the Americas, Europe, Asia and linkedin.com/company/ Australia. meggitt-plc Meggitt is a leading international @meggittglobal company specialising in high performance components for the @meggittglobal aerospace, defence and selected 20SmartSupport™ energy markets. 2 MC : https://meggittportal. www.meggitt.com sharepoint.com Read about the ground-breaking partnership agreement with Lufthansa http://mc2.meggitt.com Technik Shenzhen www.meggitt.com Meggitt Review | Winter 2019 1 2019 Have We might not be EMPLOYEE ENGAGEMENT your able to read minds … SURVEY say Delivering our vision Thank you Technology and Innovation Special Our Performance for taking the time to give feedback during our recent Back in September we announced Meggitt’s employee engagement survey. Innovation is embedded in our DNA. We This issue celebrates our reputation revised ranking in the Financial Times We’ve had an outstanding – best ever – have shaped technology for over 160 years, for innovation by showcasing some of Stock Exchange (FTSE) and our automatic response rate of 84%. This is thanks to from creating the world’s first altimeter to the solutions which represent the promotion to the FTSE100 as a result. the importance you place not just in next-generation turbofan architecture for the Meggitt-difference – the unique benefits Investors are placing increasing confidence what we do, but why and how aircraft of tomorrow. In fact, our solutions can that our technology brings, benefits that in Meggitt as we continue to transform our be found on over 72,000 aircraft worldwide. allow our customers to enable the we do it. And also reflects the value … but we can read business to become one of the very best in That’s a Meggitt-equipped aircraft taking off extraordinary in ways that were not you see in making Meggitt a our chosen markets. It’s testament to the hard every second of every day. Our technology previously possible. your feedback work of our 12,000 colleagues across the better place to work. protects countless lives and keeps the lights world and to the strategy we have put in place As we continue to build our culture and shared sense of purpose, we are keen to on for millions of people; we share a common Demands for a cleaner future is increasingly to grow our business and deliver the very best understand, from you, what you think about Meggitt and how you feel about the purpose and pride in what we do. a focus for the world stage. A significant work you do. This feedback will help us to mould our business for the better as proportion of our future investment in for our customers. we continue to shift the value we place not simply on what we do, but why and Technology and innovation are at the heart of research and technology (R&T) will focus how we do it. We should be proud to be recognised in this everything we do; that’s why we consistently on the products needed for sustainable list as we continue to increase our profile This years’ survey will run from October 7th through to October 18th. deliver solutions for the most challenging aviation and low-carbon power generation. and build our reputation as a blue chip environments, designed to improve In this edition, we will be exploring some of ver the next few weeks you’ll be To find out more, talk to your manager or contact your local HR representative. organisation. performance and quality of life for hundreds the solutions we are developing to support hearing much more about these of customers and millions of people around these important goals for the benefit of the With exposure and content on some of the results and the action plans, for the world. From airfield to desert, rigs to generations to come. fastest growing and hardest worked platforms which we’ll need your input. You’ll Obe asked to participate in planning sessions residential homes, we consistently deliver across civil aerospace and defence together world-class solutions that push the boundaries with the benefits from our strategic initiatives, and to help us prioritise what’s really important of what’s possible and deliver what matters. we are well-positioned for the future. to you. Our recent third quarter trading results reflect Overall we’ve improved in the three key areas Finally, on Agility – This is about our ability Finally, we must continue to embed our High the continuing positive progress we are of Engagement, Alignment, and Agility – to sense and respond to change across the Performance Culture Programme and here making in the operational transformation of these are the three business drivers that every company. Here we’ve seen a 6 point increase we’ll focus particularly on improving how we Meggitt, including: investment in capacity organisation needs to succeed in today’s since last year. While Agility at Meggitt give and receive feedback on performance, and capability; our aligned, customer-focused competitive business environment. remains below that of other companies there and how we recognise people across the organisation; our centre-led approach to have been significant improvements business. purchasing, and footprint consolidation. This This tells us that the plans we’ve been putting in performance over the last year. year we’ve further strengthened and focused in place are moving the business in the right We’re developing a very special culture at our portfolio, with investment in priority direction, although we know that we have We’ve also had strong gains in working Meggitt where every one of us can make a technology areas such as thermal systems, more to do. conditions, inclusion & diversity and respect difference for the better. Please take every optical sensing, fire protection and & trust. All of which are hallmarks of a world- advantage of the opportunity to contribute to braking systems. Firstly, on Engagement – This captures class business. These results reflect the work the action planning over the coming weeks as the pride, energy and optimism you have While we still have much to do to deliver on we have all been participating in to build a we continue to build a world-class business. in Meggitt and the results show strong our commitments – we must retain our focus High Performance Culture at Meggitt. Thank you. improvements across the company with an on eliminating customer arrears and reducing compared to last year. inventory while continuing to manage increase of 4 points Your survey feedback highlights three areas These scores are high and demonstrate our costs diligently across the business – of further focus and improvement that will be increasing levels of teamwork across our sites. we should be heartened by the positive required in 2020. strides we are taking and by the increased Secondly, on – This is the confidence that our investors continue to Alignment Firstly, we’ll further improve our connection between our work and the place in Meggitt. Communications with a specific focus on objectives of the company. Again, we’ve improving our site level communications. seen a 4 point increase since last year. We know that our scores in this area remain a We’ll also focus on improving our Processes little below that of world class companies as – particularly the efficiency of our operations we continue to build and embed our new and functional processes. customer aligned organisation. This will remain a continuing focus in the coming year. 2 Meggitt Review | Winter 2019 Meggitt Review | Winter 2019 3 Park, or about their general well-being. The STRATEGIC PORTFOLIO communication that transcends roles is really How did you learn that we were Did you always want to have a career How do we get more diversity in STEM? important from a leadership perspective. looking to hire a new CTO? in technology? I think it comes from role models.