According to Deloitte 2017 Global aerospace and defense sector outlook, "the global aerospace and defense (A&D) sector is likely to experience stronger growth in 2017, following multiple years of positive, but a subdued rate of growth. Deloitte forecasts the sector revenues will likely grow by about 2.0 percent in 2017.”
However, according to Deloitte, the commercial aerospace sub-sector market is facing new challenges:
- New aircraft production programs, particularly in China and Russia,
- Supply chain transformation to reduce costs, respond quicker, and to invest more in product innovation
- Consolidation by part family
The defense sub-sector itself is benefiting from increased defense spending globally. Do you have a centralized platform for centralizing data and driving innovation?
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