2014 Aerospace & Defense Industry Outlook | Deloitte US | Aerospace & Defense Industry


2014 aerospace & defense industry outlook

Trends in global aerospace and defense

The Deloitte Touche Tohmatsu Limited Global Manufacturing Industry group has released this year’s Global aerospace and defense industry outlook, which shows that revenue growth in the 5 percent range is expected for the overall industry in 2014. The commercial aerospace sector is expected to continue its significant revenue and earnings growth, with record setting production both at the platform level, as well as in the supplier base. On the other hand, continued declines in revenue and earnings are expected for the global defense sector.

Approaches to cost reduction

Download the report

2014 Global aerospace and defense industry outlook

Key findings
  • Revenue growth in the 5 percent range is expected for the overall Aerospace and Defense (A&D) industry in 2014.
  • Global revenues for defense companies are on a downward trend, declining 1.3 percent in 2012 and 1.9 percent in 2011. It is anticipated for 2013, global revenues for defense companies will track to similar levels in the past two years, around an estimated minus 2.5 percent.
  • Global defense spending is declining, resulting mainly from reduced armed conflict in Iraq and Afghanistan and affordability concerns in many traditional militarily active governments. However, defense spending is increasing in several areas of the globe, especially in the Middle East, India, China, Russia, South Korea, Brazil, and Japan.
  • 2014 will likely bring high single to double-digit levels of growth in the commercial aerospace sub-sector.

Back to top

A&D industry outlook infographic

Click to expand

More topics

Contact us

Contact us via our online form

Submit RFP

Submit via our online form

Find an office

Find a local office


Aerospace and Defense

Demonstrated insight extending to aerospace, commercial aircraft, business and general aviation, and defense. Click here to discover more.


Tom Captain

Global Aerospace & Defense Leader, Deloitte Touche Tohmatsu Limited

Vice Chair, US Aerospace & Defense leader


Michael Condro

US Aerospace and Defense Audit Leader


John Coykendall

US Consulting Aerospace and Defense Leader


Kevin McFarlane

Managing Director | Deloitte Corporate Finance LLC


Frank Milano

US Advisory Leader | Consumer Products and A&D


Troy Watkinson

US Tax Aerospace and Defense Leader