SLIDE 6 The Aerospace & Defense Forum Orange County Chapter April 7, 2016 6
The “Big Three” in Global Energy
Global Consolidation and Alignment
Gas Turbines (Frame and Aero-D/Pratt), Steam Turbines, Generators, T&D, Boilers, Wind Turbines, Turnkey Power Plants, Global Services
Bought Alstom ~$14.9B Gas Turbines Steam Turbines Generators Boilers Wind Turbines Vast Installed base & Svcs Bought RR Energy ~ $1.3B Bought Dresser-Rand ~ $7.6B Aero-D turbines Packaging (Gensets & O&G) Compressors Steam Turbines Engines
Merger positions them well against GE and Siemens in PGEN
All have complete PGEN portfolios: Large Frame GT’s, Aero-D’s, IGT’s, ST’s, Gen’s, WT’s, Svcs, etc
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China is also sponsoring Challenges to the “Western Monopoly”
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GE Aero-Derivative Engines
Technology adapted from aircraft engines
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Year 2016 2017 2018 2019 2020 2021 2022 2023 2024 LM 1600 2 2 3 2 1 1 2 1 1 LM 2500/+ 88 87 90 89 87 92 91 93 94 LM 6000 37 37 38 39 40 41 42 42 43 LMS100 10 15 12 15 18 17 18 18 18
Total LM's
137 141 143 145 146 151 153 154 156
LM = Land & Marine Aircraft Engines
