Paradigm Precision Paradigm Precision Proprietary Information

Contents • Company Overview • Organizational Structure • Core Competencies • Key Technologies • New Products & Technologies • Paradigm Manufacturing Plants • Mixed Model Manufacturing Plan • Summary Paradigm Precision Proprietary Information

Paradigm Precision - Our Foundation • Created in 2007 via the acquisitions of Smith West and Palmer Manufacturing Company, the company now has 30+ years of experience in Aerospace, Defense and Power Generation • Smith West facilities are located in Tempe, AZ and Guaymas, Mexico • Palmer Manufacturing facilities are located in Malden, MA and Tunis, Tunisia • TM Industries of Berlin, CT was added to the Paradigm Precision portfolio in August of 2008 Paradigm Precision Proprietary Information

Our Mission To be the supplier of choice for gas turbine and power generation machined components by offering: • Globally competitive products • World class manufacturing technology • Machining capabilities up to 20 feet in diameter • Recognition and focus on customer quality, delivery and cost needs Paradigm Precision Proprietary Information

Plant Locations 400,000 Sq Ft of Facility Space Worldwide Tempe Operations: 101 employees 38,000 Sq Ft Complex Machining / Assemblies Paradigm Headquarters Malden / Peabody Operations: 204 Employees 147,000 Sq Ft Highly Complex Machining / Assemblies Tempe, AZ Guaymas, Mexico Berlin, CT Malden and Peabody, MA Tunis, Tunisia Berlin Operations: 67 Employees 70,000 Sq Ft Complex Machining / Assemblies Tunisia Operations: 118 Employees 40,000 Sq Ft Air Melt Investment Cast Products Guaymas Operations: 81 Employees 33,000 Sq Ft Complex Machining * New 70,000 Sq Ft aerospace facility being built Paradigm Precision Proprietary Information

Contract Administrator Leadership Team President / CEO Mike Cowell VP Operations Malden Ron Briere Tempe Deb Evans Guaymas Chad Clawson Eurocast Tom Wendt Berlin Don Balducci Lean Director Glenn Gertridge Supply Chain Director Adrian Wright CFO John Dick VP Aerospace Sales & PD Tom Mitchell VP Commercial Sales & PD Dan Cedrone Contract Administrator TBD Paradigm Precision Proprietary Information

Paradigm Precision Core Competencies Complex Multi-Axis Machining on all Aerospace Super Alloys, across all major manufacturing disciplines Paradigm Precision Proprietary Information

Paradigm Precision Core Competencies Vacuum & Air Melt Investment Casting Technologies 9 NADCAP Approvals Paradigm Precision Proprietary Information

Paradigm Precision Core Competencies Performs Complex Multi-Level Assembly Manufacturing 100% Supply Chain Management & Intercompany Mixed Model Integration Paradigm Precision Proprietary Information

Key Technologies • 3D CAD/CAM is the basis for fixture design, CNC Programming, Methods Planning and Inspection • State of the Art machining equipment – CNC controls, automatic tool changers, part probing, and multiple spindles • Latest machining technology for rapid material removal – ceramic turning and milling, CBN grinding, EDM • Technical expertise to develop and produce complex, multi level fabrications and assemblies Paradigm Precision Proprietary Information

Paradigm Group Capabilities Complexity Key Key Technologies Paradigm Group Capabilities Complexity Key • Turning (live spindle) • 5-Axis High Milling Speed • 5-Axis CBN Grinding • 4-Axis CNC Sinker EDM • Advance Modular Assembly • In-House Toolmaking • Welding / Brazing • Turning • 4-Axis Mill / Drill • Grinding • Sinker & Wire EDM • In-House Toolmaking 3 5 • Sinker & Wire EDM • Rough & Finish Turning • 3-Axis Mill / Drill • Surface Grinding • Ceramic Turning • 5-axis Mill / Drill • Grinding • Sinker EDM • Welding • Assembly • Product Testing, NDT, Airflow • In-House Toolmaking 2 4 • Rough Turning • Splitting 1 Paradigm Precision Proprietary Information

Paradigm Group Capabilities Complexity Key Key Technologies Paradigm Group Capabilities Complexity Key Tempe, AZ Malden/Peabody, MA Berlin, CT Guaymas, MX Tunisia 5 4 3 COMPLEXITY 2 1 10” 20” 30” 40” 50” 60” 70” 240” OUTER DIAMETER Paradigm Precision Proprietary Information

New Products & Technologies 2004 2006 2010 TCF Outer Case GE90 HPT Case Full Assy GENX FINS/FOS/OGV GENX Fairing & Panels CF34-8 Front Frame 2009 2007 2008 2005 Larger Assemblies Vertically Integrated Technology driven EDM Grind EDM Cooling Holes Robotic Clad Weld GE90 FOS and OGV F110 Fan Case 2011 Single / Twin 5-Axis Mills, CMM’s, 4-Axis Sinker EDM, 5-Axis CBN Grind, High Pressure Coolant Lathes Paradigm Precision Proprietary Information

Paradigm Precision Customers Paradigm Precision Proprietary Information

Malden Operations • 78,000 sq ft Malden facility, opened in 1965 Malden Operations consist of: • 78,000 sq ft Malden facility, opened in 1965 • 69,000 sq ft Peabody facility, opened in 2008 • 199 employees Malden Specializes in: • Multi-Axis Machining of Cast and Forged Products • Complex, Multi-Level Fabrications and Assemblies Capabilities include: • Turning up to 64” on 37 CNC machines • 4 and 5-Axis Milling up to 72” on 23 CNC machines • 5-Axis CBN Grinding up to 30” on 3 CNC machines • 13 EDM machines (wire and sinker) • CMM inspection up to 76” on 7 machines Paradigm Precision Proprietary Information

Malden Production Line Turbine Case Combustion Liner FWD Inner Nozzle Support Turbine Center Frame Panels & Fairings Outlet Guide Vane Paradigm Precision Proprietary Information

Malden Production Line FWD Outer Seal IGV Ring Assembly Mid-Frame HPT Case Unison Ring Split Compressor Case Paradigm Precision Proprietary Information

Peabody Key Machines Campbell Grinder Exeron EDM Olympia Lathe Parpas Mill Wire EDM Brown & Sharpe CMM Paradigm Precision Proprietary Information

Malden Key Machines Yasda A92 Emerald Blue Phoenix VTL 1260 Parpas Twin Mill Paradigm Precision Proprietary Information

Berlin Operations • 70,000 sq ft Berlin facility, acquired in 2008 Berlin Operations consist of: • 70,000 sq ft Berlin facility, acquired in 2008 • 68 employees Berlin Specializes in: • Ability to machine components up to 20 ft in diameter • Rapid prototyping, development and production of large cases, frames, housings, shafts and diaphragms Capabilities include: • 3 and 4-Axis Milling and Boring • Large Diameter Turning • Wire EDM and Grinding In-House special processes include: • FPI, Welding, and EDM Paradigm Precision Proprietary Information

Berlin Production Line Westinghouse Reactor Part 150” Diameter Large Split Casing Fan Case 100 x 15 # 1 Rear Disk Case, ISO Grid P & W Bell Paradigm Precision Proprietary Information

Berlin Production Line Bleed Duct P & W Electro Magnetic Field Container Sikorsky Rotor Test Stand Fan Case 105 x 52 LPT Tube WST A Paradigm Precision Proprietary Information

Berlin Key Machines 5-Axis Toshiba Big Blue G & L 4-Axis G & L 5-Axis Table on Table Small Schiess Large Schiess Paradigm Precision Proprietary Information

Tempe Operations Tempe Operations consist of: • 38,000 sq ft Tempe facility, acquired in 1977 • 99 employees Tempe Specializes in: • Utilizing mixed model cells with optimized machine layouts, quick change tooling and multiple spindle machines to minimize part cost and cycle time • Production of segments, actuation rings, rotating seals, lug rings and split cases. Capabilities include: • Turning up to 36” on 32 CNC machines • 4 and 5-Axis Milling up to 40” on 14 CNC machines • Wire EDM, Adhesive Bonding, Welding, Heat Treat and FPI and Surface Enhancement Paradigm Precision Proprietary Information

Tempe Production Line Actuating Rings Compressor Case Hangers Stationary Air/Oil Seal Casing AFT Stationary Air Seal Paradigm Precision Proprietary Information

Tempe Production Line Inner Combustion Liner Turbine Interstage Seal Lug Rings Outer Liner Bolt Cover Impeller Shroud Paradigm Precision Proprietary Information

Tempe Key Machines Doosan Matsurra Twin Spindle Sodick EDM 5-Axis Dual Spindle HAAS VF3 CMM Paradigm Precision Proprietary Information

Eurocast Operations Tunisia Operations consist of: • 40,000 sq ft Tunisia facility, established in 2001 • 105 employees Tunisia Specializes in: • Enables Paradigm Precision to offer its customers a low cost pole solution in North Africa for both casting, machining and assembly. Capabilities include: • Air melt investment casting up to 125 lb pour weight • 3 and 4-Axis Milling , Turning, and Grinding • Vacuum melt casting capability In-House special processes include: • FPI, MPI, X-Ray, TIG Welding, Orbital Welding, EDM, Vacuum Heat Treat, Airflow and Electro Polish Paradigm Precision Proprietary Information

Tunisia Investment Casting Vacuum Melt Air Melt In718, In738, U500, FSX-414, Rene 77, In625, N-155, MarM509 Eurocast – Co, Ni, Fe, Stainless Steel Paradigm Precision Proprietary Information

Tunisia Production Line Swirler Assembly Swozzle Nozzle Swirler Nozzle Valve Body Strut End Paradigm Precision Proprietary Information

Tunisia Key Machines Autoclave Caustic Leach Installation Heat Treatment Furnaces Milling Machine Wax Injection Press X-Ray Unit Paradigm Precision Proprietary Information

Tunisia Key Machines Electropolish System Introduction Melt Furnace CMM Dry Area Dipping Area Mold Preheat Furnace Paradigm Precision Proprietary Information

Guaymas Operations Guaymas Operations consist of: • 33,000 sq ft Guaymas facility, established in 1998 • 75 employees * New 70,000 Sq Ft aerospace facility being built Guaymas Specializes in: • Enables Paradigm Precision to offer its customers a low cost pole solution in the Americas • Guaymas acts as both a direct source for rough and finish machined product to end users as well as other Paradigm Precision sites Capabilities include: • Turning up to 80” on 34 CNC machines • 3 and 4-Axis Milling up to 60” on 9 CNC machines • Wire and Hole Popper EDM Paradigm Precision Proprietary Information

Guaymas Production Line Split Case AFT Nozzle Support FWD Outer Seal Strut, Turbine Center Frame Support, Nozzle-HPT Fan Case, Inner Shell Paradigm Precision Proprietary Information

Guaymas Production Line Bridge TCF Case Fan Case, Inner Shell Housing, Assembly Compressor Fishmouth Inner Flange FWD Paradigm Precision Proprietary Information

Guaymas Key Machines Toyoda Mill Machine Machining Bridges 2 Shefield CMM Phoenix VTL Hass SL 40 Awea Mill Machine Paradigm Precision Proprietary Information

Paradigm Mixed Model Manufacturing Plan Tempe Operations Malden Operations Tunisia Operations Guaymas Operations Mexico Machining Alignment Tunisia Casting Alignment Paradigm Precision Proprietary Information

Paradigm Mixed Model Manufacturing Plan Mexico Machining Alignment West Coast : Carlton (Paramount, CA) Firth – Rixson Forged Metals (Fontana, CA) Firth – Rixson Schlosser (Rancho Cucamonga, CA) Mattco (Paramount, CA) Chen-Tech (Irvine, CA) Firth – Rixson (Verdi, NV) Southwest : Wyman Gordon (Houston, TX) Mexico : Frisa Aerospace (Monterrey, Mexico) Paradigm Precision Proprietary Information

Paradigm Mixed Model Manufacturing Plan Mexico Machining Alignment Paradigm Boston / Tempe Secondary Processing Inter-Dependency 100+ in Southwest USA: Dickson Technology (Laboratory Testing) Plasma Technology (Plasma Coating) Metal Surfaces (Nickel Coating) Chemresearch (Anodize, Chemfilm) Ellison Surface (Plasma Coating) Chromalloy (Plasma Coating) Bolt’s Metallizing (Plasma Coating) Phoenix Heat Treating (Heat Treating) Metal Improvement Company (Shot Peen) 150+ in Northeast USA: Westfield (Plating) Fountain (Plating) Ellison (Coatings) Accurate (Brazing) Central (Metal Finishing) BASF (Coatings) Hansen (ETCH/FPI) Jet Tech (Coatings) FM Callahan (Plating) Bodycote (HT) Sematech (Corrosion Protection) Metals Testing (Etch & Mag Particle PTI Industries (Cleaning) 0 in Mexico Note: 85% of Complex Product Lines Require Several Levels of Secondary Processing Paradigm Precision Proprietary Information

Large Casing Mixed Model Example Mexico Machining Alignment • Forging from US West Coast • INCO 718 Forging • Semi-Finish turned in Guaymas to stock .050 Paradigm Precision Proprietary Information

Centerframe Assembly Process Example Mexico Machining Alignment Paradigm Precision Proprietary Information

Paradigm Mixed Model Manufacturing Plan Tunisia Casting Alignment In-House Special Processes Performed at Tunisia Plant : FPI MPI X-Ray TIG Welding Orbital Welding EDM Vacuum Heat Treat Airflow and Electro Polish Vacuum Melt & Air Melt Investment Casting Paradigm Precision Proprietary Information

Paradigm Mixed Model Manufacturing Plan Tunisia Casting Alignment - Samples Paradigm Precision Proprietary Information

Paradigm Mixed Model Manufacturing Plan Mexico Machining & Tunisia Casting Alignments Minimize transportation cost from the major US and Mexican forging sources shipping via Guaymas to Tempe/Malden Integrates 35+ years of high technical aerospace knowledge available in Paradigm’s domestic operations, ensuring reliable quality performance Leverages low cost region value by combining the shop rate benefit Utilizes the 100+ “special process” sources in Phoenix AZ & New England areas Paradigm performs as the single point of contact for the customer via controlling all aspects of product progression through the internal supply chain capabilities Incorporates compliance to customer specifications and accredited quality system throughout the manufacturing process at Tempe/Malden sites Paradigm Precision Proprietary Information

Summary • Paradigm Precision is strategically prepared for the transition from single product procurement to larger project based product line solutions • Integrate Paradigm’s “Mixed Model” approach • Drive lean tenets via cellular applications • Incorporate secondary processing disciplines in-house • Ensure best technology applied for developing manufacturing processes • 50K – 100K shop hours per year projects • Continue to pursue unique manufacturing capabilities via acquisitions in Aerospace Defense and Power Generation industries • Dedicated to providing the highest quality products and service levels in the industry while improving our competitive posture Paradigm Precision Proprietary Information