Chemring Group PLC |Annual Report and Accounts 2012
Chemring Group PLC |Annual Report and Accounts 2012
Chemring Group PLC |Annual Report and Accounts 2012
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2<br />
Business review<br />
<strong>Chemring</strong> at a glance<br />
<strong>Chemring</strong> operates<br />
in four market sectors:<br />
Counter‐IED, Countermeasures,<br />
Pyrotechnics <strong>and</strong> Munitions.<br />
All our products are technically<br />
dem<strong>and</strong>ing, requiring high reliability<br />
<strong>and</strong> integrity, <strong>and</strong> the highest level<br />
of safety in manufacture <strong>and</strong> use.<br />
Counter-IED<br />
<strong>Chemring</strong> is the leading supplier of<br />
vehicle–mounted ground penetrating<br />
radar (GPR) detection systems,<br />
chemical <strong>and</strong> biological detection<br />
systems, <strong>and</strong> counter-IED electronic<br />
countermeasures. We manufacture<br />
portable minefield breaching systems<br />
<strong>and</strong> a range of detonators, initiators <strong>and</strong><br />
disruptors for demolition <strong>and</strong> explosive<br />
ordnance disposal.<br />
• Leader in vehicle-mounted<br />
IED detection<br />
• Leader in vehicle-mounted chemical<br />
<strong>and</strong> biological detection systems<br />
• Supplier of disruptors, demolition<br />
stores <strong>and</strong> minefield breaching<br />
systems to US <strong>and</strong> European forces<br />
Revenue<br />
£205m<br />
Proportion of<br />
<strong>Group</strong> revenue<br />
28%<br />
Countermeasures<br />
<strong>Chemring</strong> is the world leader in the<br />
design, development <strong>and</strong> manufacture<br />
of advanced expendable countermeasures<br />
for protecting air, sea <strong>and</strong> l<strong>and</strong><br />
platforms. We are also a leading<br />
developer of man‐portable electronic<br />
warfare equipment.<br />
• 50% share of expendable decoy market<br />
• Largest supplier of airborne<br />
decoy countermeasures to the<br />
US Department of Defense <strong>and</strong><br />
the UK Ministry of Defence<br />
• Technology leader in spectral,<br />
special material <strong>and</strong> thrusted flares<br />
for fixed-wing <strong>and</strong> rotary aircraft<br />
• Supplier of RESOLVE man-portable<br />
electronic warfare equipment to UK<br />
<strong>and</strong> other military customers<br />
Revenue<br />
£184m<br />
Proportion of<br />
<strong>Group</strong> revenue<br />
25%<br />
Pyrotechnics<br />
<strong>Chemring</strong> is a leading developer<br />
<strong>and</strong> manufacturer of pyrotechnics<br />
for space, safety systems, military<br />
training, screening, signalling <strong>and</strong><br />
illumination applications.<br />
• Leading supplier of low shock satellite<br />
separation products <strong>and</strong> NASA<br />
st<strong>and</strong>ard initiators<br />
• Largest supplier of pyromechanisms<br />
for aircraft egress systems<br />
• Significant supplier of training<br />
products to the US Army <strong>and</strong> other<br />
NATO forces<br />
• Growing dem<strong>and</strong> for advanced<br />
pyrotechnic rounds <strong>and</strong> payloads<br />
Revenue<br />
£123m<br />
Proportion of<br />
<strong>Group</strong> revenue<br />
16%<br />
For more information see page 8<br />
For more information see page 10<br />
For more information see page 12<br />
<strong>Chemring</strong> <strong>Group</strong> <strong>PLC</strong> <strong>Report</strong> <strong>and</strong> <strong>Accounts</strong> <strong>2012</strong>