Managing Director, New York
In its latest global aerospace and defense study, AlixPartners analyzes the key trends in the industry. Overall, the sector is performing well, driven by the performance of commercial aircraft industry and defense sub-sectors. However, unless suppliers to the European defense sector become better integrated, that sector will buy American.
The global aerospace and defense industry remains buoyant, enjoying 3.8% revenue growth year-on-year in 2016, alongside healthy profit margins of 8.8%.
The aerospace and defense industry faces many challenges in going digital—ranging from programs that last decades and modest production volumes to highly complex and regulated products. Yet many key players have already made headway.
Digital transformation opens many potential pathways for the aerospace and defense industry too. But nearly all of them contain obstacles. With programs that last decades, modest production volumes, technical complexity, exponentially growing data, and heavy regulation, the A&D industry faces a host of challenges in going digital.
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