We deliver profitable growth by operating in markets where we have differentiators, such as intellectual property, niche technology and high barriers to entry.
We continually review our portfolio to ensure that we maintain sustainable niche positions where technical and qualification barriers to entry enable high margins. These, along with strong and enduring customer relationships, provide us with a strong platform for future growth. We will achieve our growth by total commitment to our enduring purpose, which is to relentlessly innovate to protect our customers.
Our current focus is to build a stronger business that delivers margin progression through continuous improvement in operational performance and execution. In addition, we will:
- Simplify our organisation, enabling greater focus and investment
- Invest in and strengthen our culture
- Improve the quality of our earnings
Growth drivers
The US. We are capitalising on our successful investment in next-generation chemical and biological detection technologies where we have won a number of Programs of Record.
The largest part of our investment is in the US Countermeasures sector. We are in the process of transforming our North American manufacturing operations in order to capitalise on the growing F-35 fleets.
Technology and innovation. We have world-leading technologies, incumbent supplier advantage and a depth of expertise in research, design and engineering in many fields most notably chemical and biological detection, AI, autonomous systems, comms and network security and data science.