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GKN Aerospace Services Limited

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GKN Aerospace Services Limited - Aerospace showcase

Year Founded & Workforce

1939

18,000 Employees

Industry

Aerospace

Services

Nacelles & Pylon
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GKN Aerospace Services Limited Overview

Company Headquarters: Redditch, Worcestershire, UK

Founded: 1939

Workforce: ~18,000

Company Working: GKN Aerospace Services Limited is a developer, manufacturer, and supplier of a wide range of advanced aerospace systems, technologies, and components. The company’s product portfolio includes fuselage structures, landing gears, engines, exhaust systems, nacelles, electrical wiring interconnection systems, and niche products such as fuel systems, ice protection systems, cabin windows, and flotation devices. It offers products and services for fixed-wing and rotary-wing aircraft and manufacturers its products using the latest technologies, such as additive manufacturing, spin forming, and others. It also specializes in offering aftermarket and MRO services globally. The company has its facilities across 15 countries worldwide, including the US, the UK, Canada, China, Turkey, India, and Singapore.

Strategy

GKN Aerospace Services Limited focuses on increasing its presence in Asia-Pacific and the Middle East & Africa due to the growing air passenger traffic and the rising demand for new aircraft. Furthermore, it aims to strengthen its position in the North American aircraft engine nacelle market by collaborating with prominent aerospace and technology companies such as Honeywell International Inc.

Company Snapshot

$4,919M

Revenue

18,000

Employees

1939

Founded

Redditch, Worcestershire, UK

Headquarters

SWOT Analysis

Strengths

  • Vast industry experience
  • Established presence in Europe

Weaknesses

  • Dependence on a limited number of suppliers
  • Limited presence in emerging economies in Asia-Pacific

Opportunities

  • Scope to expand in Asia-Pacific owing to increasing demand for aircraft aftermarket service

Threats

  • Stringent aviation regulations

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Product Offering

  • GKN Aerospace Services Limited
    • Nacelles & Pylon

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 4,919 Mn in 2017 to USD 5,174 Mn in 2019.
GKN Aerospace Services Limited — By Business Segment
Series (USD Mn)201720182019
Revenue4,9193,2175,174

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