Our vision is to be the premier global defence, security and aerospace company.
Our mission is to deliver sustainable growth in shareholder value through our commitment to Total Performance for all our customers
Our Group Strategic Objective is Total Performance through
- Customer Focus
- Financial Performance
- Programme Execution
- Responsible Behaviour
Our values are Trusted, Innovative and Bold
- Grow our EI&S business both organically and via acquisitions and improve our efficiencies
- Implement our global land systems strategy and deliver on our efficiency and rationalisation plans
- Establish in the UK sustainably profitable through life business in air, land and sea
- Grow our Home markets in the Kingdom of Saudi Arabia, Australia and India
- Implement our global initiatives in Security, Readiness & Sustainment and Unmanned Aircraft Systems
- Continue to develop our global markets
Integrated Business Plans
For further information refer to our 2009 Annual Report and Accounts
Our Operational Framework
The Operational Framework sets out how the Group will meet its Group Strategic Objective of achieving Total Performance, which together with its values, underpins the Group’s ability to deliver the strategy. It is mandatory across all wholly-owned and majority-owned businesses, and describes the Group’s approach to Total Performance, organisation, governance, core business processes, mandated policies, processes and charters, and delegated authorities.
Our Key Performance Indicators (KPIs)
The Board uses a range of financial and non-financial performance indicators, reported on a periodic basis, to monitor the Group’s performance over time.
For further information refer to our 2009 Annual Report and Accounts
RISK MANAGEMENT
Effective management of risks and opportunities is essential to the delivery of the Group’s objectives and achievement of sustainable shareholder value and protection of its reputation.
The Group’s approach to risk management is aimed at the early identification of key risks and then removing or reducing the likelihood and effect of risks before they occur, and dealing effectively with them if they crystallise.
The Group is committed to the protection of its assets, which include human, property and financial resources, through an effective risk management process, underpinned where appropriate by insurance.
The Group is committed to the effective management of material non-financial and reputational risks, including those arising in connection with safety and ethical issues.
For further information refer to our 2009 Annual Report and Accounts