Produced jointly by PwC and Flight International, the 15th annual Aerospace Top 100 report outlines the trends in the industry and ranks the top 100 Aerospace companies by revenues and profitability.
The main sector trend we’ve noticed this year is the beginning of a sharp difference in the outlook for companies supplying civil programmes and those reliant on military sales.
While commercial manufactuers have strong order books, the industry needs to recognise that the current round of military spending cuts is not a cyclical budget squeeze that will be reversed in time. To offset reductions in defence spending, many companies are moving in to the cyber security market, typically by buying specialist companies in the sector.
The infographic below illustrates some of this year's highlights: