2019 global aerospace and defense industry outlook

January 8, 2019

In 2018, the global aerospace and defense (A&D) industry recuperated and experienced a solid year as passenger travel demand strengthened and global military expenditure continued to rise.1 The industry is expected to continue its growth trajectory in 2019, led by growing commercial aircraft production and strong defense spending. In the commercial aerospace sector, aircraft order backlog remains at an all-time high2 as demand for next-generation, fuel-efficient aircraft continues to surge with the rise in oil prices.

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Spotlight

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