2013 Global aerospace and defense industry outlook
The global defense segment is expected to see continued declines in revenue for the third consecutive year, due to decreased military spending, mainly in the United States (U.S.) and Europe. On the other hand, the commercial aircraft segment is expected to reach record levels of revenues in 2013.
Three Keys to M&A Effectiveness for Aerospace & Defense Executives
This paper leverages findings from a Deloitte study of the relationship between A&D companies’ M&A strategy and their financial performance to identify three characteristics that companies which outperformed the sector generally shared and under performers did not.
Aerospace & Defense Cross-Border Joint Ventures: Managing high complexity, driving remarkable growth
Managing high complexity, driving remarkable growth
This paper highlights emerging trends in the global A&D industry for capital formation broadly, and as they apply to cross-border joint ventures in particular. Capital formation trends are examined based on the level of debt and equity capital raising in global capital markets by the A&D industry. These trends indicate the shifts in A&D industry dynamics. The key factors examined in this paper will be critical for creating long term value for the A&D cross-border joint ventures
While the shrinking defense budgets in the US and Europe coupled with the robust backlog in commercial aerospace are front and center in the Aerospace & Defense (A&D) industry today, vibrant growth in the form of cross-border joint ventures across new centers of excellence is quietly laying the framework for the long term direction of the A&D industry. Business planning for these joint ventures will potentially demand executives understand a level of complexity that is relatively rare in other industries. Some considerations include:
•Nation-state geopolitical alliances
•Technology transfer and protection
•The value of joint venture partner contributions
For commercial applications, interesting technologies are being experimented with that can harvest solar power from space-based solar arrays, converted to microwaves, or high voltage wireless signals, to ground, air, and sea-based distribution networks. This is indeed something to look forward to in the near-term, as well as in the future.
Life at Deloitte
People make Deloitte one of the best places to work. What’s great about the people? That’s an easy answer. They are exceptional. Each person is unique and valued for that, among the best and brightest in the business, and takes pride in his or her achievements and the success of others.