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Company Overview
    October 2012
ACTA Corporate Proprietary Information
Location


•16 miles from I-70
•40 miles from I-15
• Railway 30 miles– soon
to be 5 miles
•FedEx and UPS deliver
and pickup 2 times each
day
Company Overview

 Composite Design & Fabrication since 1984
 Core Competencies: Design, Tooling, Build,
 Assembly
  Integrated Parts & Assemblies for Aerospace & Defense
     High-Volume Production
  Rapid Prototyping – Engineering & First Article Build
    In-House Capabilities = Cost-Effective, Quick-Moving, On-Time &
     Budget
 AS9100C and NADCAP Accreditation
  (Composites)
 SBA Small Business
 100+ Skilled Employees
ACT Customers
Key Management
 Dr. Roland Christensen, Founder, CEO, Chief Engineer
   Founded ACT in 1984; also founded Freedom Innovations & Christensen Arms
   Previous: VP Engineering Fibertek, EDO Fiber Sciences, Hercules Inc.

 Jason Christensen, President
   15+ years aerospace composite design & manufacturing
   MBA, MSME & BS Manufacturing, BYU

 Loren Anderson, Vice President Engineering
   25+ years engineering and design
   High volume, repetitive, Lean applications

 Marc Blakely VP Sales
   20 years aerospace operations, sales, program management, composites
    manufacturing
   BS, US Air Force Academy & MBA, University of Chicago

 Andy Hill, VP Program Management
   Previously General Manager and Quality Manager for ACT Aerospace
   Program Manager for Mentor-Protégé program with NAVAIR and Bell Helicopter

 Brent Wallace, CFO
   Bank Controller & CFO
   Public Accounting, Grant Thornton
Sister Companies
 Carbon Barreled
 Hunting Rifles
  $10 Million Revenue
   Business
  Co-located with ACT
   Aerospace
  www.christensenarms.com
Sister Companies
 Freedom Innovations
  Prosthetic feet and knees
  Over 100 sets/day shipped
  $30 Million + Revenue
   Business
  Founded/grown by Roland
   Christensen & Family
     80% sold in 2007
     Remaining 20% sold in
       2012
  Still located on-site at
   ACTA
Engineering Capabilities
 Composite Engineering Design
  Complex Integrated Assemblies
    C4ISR Pods, External Fuel Tanks, Aircraft, UAS,
     and Rotorcraft Structure
  Design for Manufacturability
    Skilled in supporting high-volume manufacturing
     runs to AS9100 standards
  Rapid Prototyping
    In-house capabilities and experience allow for
     quick/decisive response
  Stress and Materials Analysis
    In-house Structures DER, Materials & Processes
     DER
      Allows for complete engineering package
       substantiation
      Can create and deliver external loads reports,
       structural substantiation reports
Composite Production Capabilities
Laminate Construction
   25+ hand lay up technicians            Filament winding
     All prepreg/vacuum bag trained           6 ft in diameter x 50ft
        250º, 350º, 450º systems
                                               4 axis
     Can produce +300 lbs/day autoclave
      cured laminate                       Laser Ply Placement
                                               3D Laser Projection
Autoclave curing (120 psi 450º)                ~18’x18’
   All computer controlled (ASC)
                                           Large Oven curing
          4’ x 6’
                                               (8) sizes up to 8'x8'x14‘
          6’x6’
          7.5' x15’                           New 9’ x 22’ oven
          10’ x 55’                           Max temperature of 500º
          12’ x 40’                       Paint Booth
Composite Compression molding                       10’ X 14’ X 6’
     19”x24”x14” (35 ton)                 CNC Ply Cutting
     24”x12”x8” (2) (15 ton)                  (3) 288”x52”
                                           Freezers (-20ºF)
Composite Bladder Forming                      All computer controlled and monitored
Resin Transfer Molding (SQRTM)                   54’x14’
                                                 20’x8’
Production Support Capabilities
 Quality Inspection
   Level III – In house                CNC Machining
   FARO Laser Tracker CMM                  CAM driven machining
   Full line of Metrology Equipment        (1) 5 axis router – 10’x20’x4’
                                            (1) 5 axis router – 12’x8’x4’
 Non Destructive                           (5) 4 axis mills
     (2) Phased Array C-Scan               (2) CNC lathes
     (2) A-Scan
     Bond Testing
     TTU                               Complete Welding Fabrication
     Immersion Tank (4’x40’x2’)          TIG, MIG, ARC, etc

 Testing                               Fully equipped machine stop
   MTS 55 kip
     R/I Composite Material
                                        INFOR Visual ERP System
     Fatigue
     Tension/Compression
   Pressure
   Diamond DMA
     Thermal Analysis
   Environmental Test Chamber
       48”x48”x54”
       -40º to 375º
Analysis, Materials, Quality/Testing
                Support
 Structures and M&P DER on staff
   Structural and Vibration Analysis
   Typically support R&D programs with full stress reports
   Part 23 and 25 experience
 Full Internal Test Lab
   Robust Materials/Quality Testing Capability
   Testing conducted daily for:
     Bell Helicopter
     Cirrus Design
     Honda Aircraft Company
     Agusta Westland
     Others
 FAA Material Site Qualification achieved for Toray
  T700/2510 system
   Allowables testing currently in process for another system
Door Assemblies
Filament Winding

   • For this program ACTA built/certified:
        • New Class 2000 clean room
        • New 4-axis winding machine
        • New oven




           Filament Wound Fuel Tank
Cirrus G3 Wing Main Spar

 Parts
   Over 2000 delivered to
    date
   Spar: 40 feet part length
   ~70 lbs each
   (4-16) per week
   Autoclave cure
   100% C-scan (immersion)
 Description
   Full FAA conformance to
    CFR 14 part 23
   Toray Material Site
    Qualification
   Documentation
Various Assembies
ACTA routinely produces various small assemblies
• Composite structure
• Full assembly (Nut cages / bonding)
• Complete NDI / NDT to be completed
• Fabricate all tooling in house
Primary Structure
 Parts
   130 different parts for
    V-22, UH-1Y, ARH, V-
    22
   Autoclave cure
   Hand lay up
   Class I parts
 Description
     Stiffeners, intercostals
     Ballistic panels
     Bonded core panels
     Assembly
Sandwich Structures




Structural Panel – Sandwich Construction
External Pod Structures

 External Stores Pod
   Fabrication
   Machining
   Tooling
   Assembly
 Description
   Designed and fabricated all
   tooling including stress
   analysis, composite lay up,
   drill/trim, and assembly
   fixtures.
Wing Box Assemblies

      Large Assemblies – Wing Structure
      • Composite / core structure
      • Full assembly
      • Complete NDI / NDT
      • Fabricated all tooling in house
Aero Shell Structures




Aero Shell for Large Structure – Cored Panel with Curvature
Compression Molding



      • ACTA produces several
      thousand compression
      molded parts per year
Engineering / CAD Systems
 CAD/solid modeling
   CATIA V5 (6 Seats)
   CATIA V4 (1 Seat)
   Solid Works
   Pro/E
 FEA
   MSC Nastran
   ELFINI
   Cosmos/GeoStar
 CAM
   CATIA V5
   Master CAM
 Computer Aided Composite Design
   CATIA V5 CPM and CPE
 Proprietary Laminate Analysis Programs
Facilities / Capacity

 130,000 + 50,000 (new)
 square feet of
 manufacturing space
  50,000 square feet
   available for new projects
  3 different facilities
NDI Capabilities

• OmniScan
  • (2) OmniScan Phased
      Array
  •   C-Scan
  •   A-Scan
  •   S-Scan
  •   Bonda Scope (Bond
      testing)
NDI Capabilities



• Through Transmission
  Unit (TTU)
   • Computer
     automated
   • 2540 mm x 1067
     mm scan area
   • Scan up to 305
     mm/sec
   • Fully self contained
   • Flat/Core panels
Summary
 Highly Experienced and Successful Company
 Rate Production of Complex Structures and
  Assemblies
 Composite Design, Analysis, Tooling, Production
  Experts
 Vertically Integrated with Strong In-House
  Capabilities
   CNC Machining, Tool Design, etc.
    Result: Lower Costs and Decreased Cycle Times
 AS 9100 / NADCAP
   AS 9100 (2006)
   NADCAP (2010)
Contact Information
Applied Composite Technology Aerospace
          425 East 400 North
          Gunnison, UT 84634




     Marc Blakely – Vice President
         marcb@actaero.com
            303-520-6379

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ACT Aerospace

  • 1. Company Overview October 2012 ACTA Corporate Proprietary Information
  • 2. Location •16 miles from I-70 •40 miles from I-15 • Railway 30 miles– soon to be 5 miles •FedEx and UPS deliver and pickup 2 times each day
  • 3. Company Overview  Composite Design & Fabrication since 1984  Core Competencies: Design, Tooling, Build, Assembly  Integrated Parts & Assemblies for Aerospace & Defense  High-Volume Production  Rapid Prototyping – Engineering & First Article Build  In-House Capabilities = Cost-Effective, Quick-Moving, On-Time & Budget  AS9100C and NADCAP Accreditation (Composites)  SBA Small Business  100+ Skilled Employees
  • 5. Key Management  Dr. Roland Christensen, Founder, CEO, Chief Engineer  Founded ACT in 1984; also founded Freedom Innovations & Christensen Arms  Previous: VP Engineering Fibertek, EDO Fiber Sciences, Hercules Inc.  Jason Christensen, President  15+ years aerospace composite design & manufacturing  MBA, MSME & BS Manufacturing, BYU  Loren Anderson, Vice President Engineering  25+ years engineering and design  High volume, repetitive, Lean applications  Marc Blakely VP Sales  20 years aerospace operations, sales, program management, composites manufacturing  BS, US Air Force Academy & MBA, University of Chicago  Andy Hill, VP Program Management  Previously General Manager and Quality Manager for ACT Aerospace  Program Manager for Mentor-Protégé program with NAVAIR and Bell Helicopter  Brent Wallace, CFO  Bank Controller & CFO  Public Accounting, Grant Thornton
  • 6. Sister Companies  Carbon Barreled Hunting Rifles  $10 Million Revenue Business  Co-located with ACT Aerospace  www.christensenarms.com
  • 7. Sister Companies  Freedom Innovations  Prosthetic feet and knees  Over 100 sets/day shipped  $30 Million + Revenue Business  Founded/grown by Roland Christensen & Family  80% sold in 2007  Remaining 20% sold in 2012  Still located on-site at ACTA
  • 8. Engineering Capabilities  Composite Engineering Design  Complex Integrated Assemblies  C4ISR Pods, External Fuel Tanks, Aircraft, UAS, and Rotorcraft Structure  Design for Manufacturability  Skilled in supporting high-volume manufacturing runs to AS9100 standards  Rapid Prototyping  In-house capabilities and experience allow for quick/decisive response  Stress and Materials Analysis  In-house Structures DER, Materials & Processes DER  Allows for complete engineering package substantiation  Can create and deliver external loads reports, structural substantiation reports
  • 9. Composite Production Capabilities Laminate Construction  25+ hand lay up technicians Filament winding  All prepreg/vacuum bag trained  6 ft in diameter x 50ft  250º, 350º, 450º systems  4 axis  Can produce +300 lbs/day autoclave cured laminate Laser Ply Placement  3D Laser Projection Autoclave curing (120 psi 450º)  ~18’x18’  All computer controlled (ASC) Large Oven curing  4’ x 6’  (8) sizes up to 8'x8'x14‘  6’x6’  7.5' x15’  New 9’ x 22’ oven  10’ x 55’  Max temperature of 500º  12’ x 40’ Paint Booth Composite Compression molding  10’ X 14’ X 6’  19”x24”x14” (35 ton) CNC Ply Cutting  24”x12”x8” (2) (15 ton)  (3) 288”x52” Freezers (-20ºF) Composite Bladder Forming  All computer controlled and monitored Resin Transfer Molding (SQRTM)  54’x14’  20’x8’
  • 10. Production Support Capabilities  Quality Inspection  Level III – In house  CNC Machining  FARO Laser Tracker CMM  CAM driven machining  Full line of Metrology Equipment  (1) 5 axis router – 10’x20’x4’  (1) 5 axis router – 12’x8’x4’  Non Destructive  (5) 4 axis mills  (2) Phased Array C-Scan  (2) CNC lathes  (2) A-Scan  Bond Testing  TTU  Complete Welding Fabrication  Immersion Tank (4’x40’x2’)  TIG, MIG, ARC, etc  Testing  Fully equipped machine stop  MTS 55 kip  R/I Composite Material  INFOR Visual ERP System  Fatigue  Tension/Compression  Pressure  Diamond DMA  Thermal Analysis  Environmental Test Chamber  48”x48”x54”  -40º to 375º
  • 11. Analysis, Materials, Quality/Testing Support  Structures and M&P DER on staff  Structural and Vibration Analysis  Typically support R&D programs with full stress reports  Part 23 and 25 experience  Full Internal Test Lab  Robust Materials/Quality Testing Capability  Testing conducted daily for:  Bell Helicopter  Cirrus Design  Honda Aircraft Company  Agusta Westland  Others  FAA Material Site Qualification achieved for Toray T700/2510 system  Allowables testing currently in process for another system
  • 13. Filament Winding • For this program ACTA built/certified: • New Class 2000 clean room • New 4-axis winding machine • New oven Filament Wound Fuel Tank
  • 14. Cirrus G3 Wing Main Spar  Parts  Over 2000 delivered to date  Spar: 40 feet part length  ~70 lbs each  (4-16) per week  Autoclave cure  100% C-scan (immersion)  Description  Full FAA conformance to CFR 14 part 23  Toray Material Site Qualification  Documentation
  • 15. Various Assembies ACTA routinely produces various small assemblies • Composite structure • Full assembly (Nut cages / bonding) • Complete NDI / NDT to be completed • Fabricate all tooling in house
  • 16. Primary Structure  Parts  130 different parts for V-22, UH-1Y, ARH, V- 22  Autoclave cure  Hand lay up  Class I parts  Description  Stiffeners, intercostals  Ballistic panels  Bonded core panels  Assembly
  • 17. Sandwich Structures Structural Panel – Sandwich Construction
  • 18. External Pod Structures  External Stores Pod  Fabrication  Machining  Tooling  Assembly  Description  Designed and fabricated all tooling including stress analysis, composite lay up, drill/trim, and assembly fixtures.
  • 19. Wing Box Assemblies Large Assemblies – Wing Structure • Composite / core structure • Full assembly • Complete NDI / NDT • Fabricated all tooling in house
  • 20. Aero Shell Structures Aero Shell for Large Structure – Cored Panel with Curvature
  • 21. Compression Molding • ACTA produces several thousand compression molded parts per year
  • 22. Engineering / CAD Systems  CAD/solid modeling  CATIA V5 (6 Seats)  CATIA V4 (1 Seat)  Solid Works  Pro/E  FEA  MSC Nastran  ELFINI  Cosmos/GeoStar  CAM  CATIA V5  Master CAM  Computer Aided Composite Design  CATIA V5 CPM and CPE  Proprietary Laminate Analysis Programs
  • 23. Facilities / Capacity  130,000 + 50,000 (new) square feet of manufacturing space  50,000 square feet available for new projects  3 different facilities
  • 24. NDI Capabilities • OmniScan • (2) OmniScan Phased Array • C-Scan • A-Scan • S-Scan • Bonda Scope (Bond testing)
  • 25. NDI Capabilities • Through Transmission Unit (TTU) • Computer automated • 2540 mm x 1067 mm scan area • Scan up to 305 mm/sec • Fully self contained • Flat/Core panels
  • 26. Summary  Highly Experienced and Successful Company  Rate Production of Complex Structures and Assemblies  Composite Design, Analysis, Tooling, Production Experts  Vertically Integrated with Strong In-House Capabilities  CNC Machining, Tool Design, etc.  Result: Lower Costs and Decreased Cycle Times  AS 9100 / NADCAP  AS 9100 (2006)  NADCAP (2010)
  • 27. Contact Information Applied Composite Technology Aerospace 425 East 400 North Gunnison, UT 84634 Marc Blakely – Vice President marcb@actaero.com 303-520-6379