2013 Aerospace & Defense Survey Report
Author:Aerospace Industries Association (AIA) and CSC
What are the top priorities and strategies for growth in the A&D industry this year? Read the 2013 Aerospace & Defense Survey report to see what executives and senior leaders are saying about:
- The next generation of workers
- Evolving supply chain relationships
- Technology and product innovation
- Defense cost cuts and M&A activity
- Customer demands and pricing pressure.
Produced by the Aerospace Industries Association (AIA) and CSC, the report is based on input from more than 150 A&D business and technology leaders.
CSC and AIA collaborated on this year's survey canvassing both business operations and information management executives to understand their functional insights through the use of the survey questions, and to present these findings in a useful format.
The responses capture business, economic and technology challenges the industry has experienced over the past 12-15 months, as well as near-term expectations. Program cancelations, sequestration and the modest global growth rate are putting a premium on taking cost out of the business.
While this will continue to be a priority, survey analysis indicates the desire to achieve new and higher levels of growth. This report explores trends in creating competitive advantage through new, innovative products and services, and by securing new sources of revenue in both current and adjacent markets while preserving existing revenue streams.
The reality is complex since both military/government and the commercial sector aerospace and defense industries are demanding greater program accountability across the global supply chain network. In defense, budget challenges are expected to remain for foreseeable future.