The Group strategy remains focused on our two core sectors of operations - Energetics and Countermeasures.
Our core strategy over the next five years looks for the development of excellence within our key three core competencies:
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Energetic materials - We will focus the business on products where we can exploit our extensive expertise in pyrotechnic, pyrophoric, propellant and explosive materials. We will address niche, highly profitable markets with significant, value-added manufacture and assembly where barriers to entry are strong.
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High reliability and safety - Our products require the highest levels of safety in manufacture and use. Manufacturing and product safety must be one of our highest priorities.
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High volume manufacturing - We currently manufacture many of our products in significant quantities and have built up strong expertise in automated manufacturing. Our strategy is to consolidate manufacturing centres, where possible, to give high volumes. Expertise in automation and flexible manufacture will drive down our cost base and maintain competitive advantage.
"Our vision is to be leading producer of energetic material products and countermeasures for the global defence market."
