LISI GROUP - Integrated report 2024

41 LISI - 2024 Integrated Report Hydraulic fittings Successful industrial transfer between the American and French teams The development of hydraulic fittings production is underway at the LISI AEROSPACE plant in Saint-Ouen-l’Aumône (Val-d’Oise, France). This industrial transfer is part of the rollout of this new activity within the Group following the acquisition of the American company B&E Manufacturing, based in Garden Grove, California, in 2021. B&E Manufacturing, a cutting-edge company ranked third globally, holds strong positions in the U.S. hydraulic fittings market, primarily in military aerospace. This acquisition enables LISI AEROSPACE to expand its product portfolio by entering a market segment valued at €400 M in annual revenue. The interest of European aircraft manufacturers in this technology — particularly as part of their efforts to secure their supply chains — has accelerated the implementation of production transfers from the United States. The first teams responsible for this industrialization project were formed in Saint‑Ouenl’Aumône as early as 2021, ahead of the official launch of the French production project a year later. Today, around thirty employees are involved in this transfer and, with support from the Garden Grove teams, are driving the technical ramp-up of the French teams. In 2024, 250,000 hydraulic fittings were produced at the Saint-Ouen-l’Aumône site. To achieve this goal, a mirrored organizational structure was established on both sides of the Atlantic, led by two team leaders. Regular and close exchanges were organized between the two teams, focusing on industrial challenges, regulatory standards, innovation, as well as more informal discussions on cultural topics. These interactions helped strengthen ties and enhance cooperation between employees from both countries. The Garden Grove site currently continues to manufacture all types of hydraulic fittings — straight or angled, threaded or crimped — offered by the Group to its customers. For now, the Saint-Ouenl’Aumône site focuses its production on straight fittings, with angled fittings added at the end of 2024, before moving on to more complex manufacturing. Crimped fittings, which require specialized expertise, will be the next step in development. Once these stages are completed, the French site will be able to leverage its innovation management capabilities, an area in which it has significant expertise. #AEROSPACE #TRANSFER OF KNOW-HOW The quality of collaboration between the French and American teams has been exceptional. Getting to know one another and sharing insights about our respective cultures has helped foster communication and strengthen mutual trust”. Alexandre Guinet, Manufacturing Engineering Manager, LISI AEROSPACE (Saint-Ouen-l’Aumône).

RkJQdWJsaXNoZXIy MTEyMTU=