Aerospace & Defense

The aerospace and defense industry is a significant global sector that involves both civilian and military applications. With an economic impact of more than USD 700 billion, it comprises the development, manufacturing, and maintenance of aircraft, spacecraft, missiles, defense systems, and related equipment. The aerospace and defense industry is at the forefront of technological advancements as it continually pushes the boundaries of engineering, materials science, avionics, propulsion, communication, and more.

Innovation is essential to overcome the numerous challenges the sector is currently facing. This includes developing more efficient and environmentally-friendly aircraft to reduce fuel consumption and emissions in the commercial aircraft industry, while cost-effective and reliable rocket launches prompt the need for innovation in space technology. In the defense sector, artificial intelligence (AI), unmanned systems, and aspects of cybersecurity are transforming the nature of warfare.

We assist our clients in addressing critical industry-specific issues such as the following:

  • How are aerospace players managing supply chain disruptions in the face of global challenges such as pandemics, natural disasters, or geopolitical uncertainties?
  • What strategies are players in the industry adopting to improve sustainability and reduce their environmental footprint?
  • Which new competitors are entering the aerospace market, addressing new needs like (electric) vertical take-off and landing (eVTOL)?
  • What are the most viable and scalable sources for sustainable aviation fuels (SAF)?
  • How did government defense budgets develop in the past and how are they expected to develop in the future?
  • How many satellites are deployed today and what is the expected growth over the next 10 years?

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