In this report, despite the downward pressure on defence spending and relatively slow sales in the commercial aircraft and business jet segments, the global A&D industry has continued to show resilience in 2010. The outlook examines the quarterly financial statements released so far in calendar year 2010 by the 25 top global A&D companies.
Aerospace & Defence
With a widely recognised highly skilled workforce, Swiss suppliers to the Aerospace & Defence industry enjoy a world class reputation and make a significant contribution to Switzerland’s reputation as producer of highly specialised products.
Fuelled by dynamic economic growth in Asia, Russia, and the Middle East, there is a growing demand for these countries to enter the commercial aerospace market. We believe in the next 20 years, 80 percent of new aircraft build will be used for trans-Pacific or inter-Asia travel, along with significant travel increases in the Middle East, further fuelling growth for Swiss suppliers to the industry.
