THYSSENKRUPP AEROSPACE GERMANY GMBH

THYSSENKRUPP AEROSPACE GERMANY GMBH Overview

COMPANY OVERVIEW Company Headquarters: Essen, Germany

Founded: 1994

Workforce: ~1,800

Company Working: thyssenkrupp Aerospace Germany GmbH (thyssenkrupp Aerospace) is a partner of the world’s leading aerospace companies and their supply chains. The company operates through the materials and services divisions. The material division offers aluminum, steel, titanium, and other materials, whereas the services division offers material services provision, value-added services, supply chain management of finished parts, third-party logistics, and kitting. In the material division, under the other materials segment, the company offers cobalt and nickel alloys. In addition, it offers materials with value-added services and logistical services. thyssenkrupp Aerospace marks presence in more than 44 locations in around 20 countries. Furthermore, the locations have been approved to EN/AS 9100 and/or EN/AS 9120 standards by the major leading aerospace certification companies

Strategy

thyssenkrupp Aerospace is focusing on offering low-cost and high-quality materials used in the aerospace industry in the shortest timescale to sustain its market position. Also, the cyclical aerospace industry on account of the launch of advanced aircraft, which has increased the demand for high-performance alloys, the company is making high investments in product development to cater the demand

Company Snapshot

$43,824.3M

Revenue

1,800

Employees

1994

Founded

Essen, Germany

Headquarters

SWOT Analysis

Strengths

Reliable supplier for major aerospace companies
Certified with highest aerospace standards–EN 9100/9110/9120

Weaknesses

High debt of USD 6250.46 million between 2018 and 2018

Opportunities

Product development in nickel super alloys
Product development in nickel super alloys

Threats

Liquidity risks
Intense competition from the European market players

Product Offering

THYSSENKRUPP AEROSPACE GERMANY GMBH
- Materials

Financial Performance

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