The global aerospace and defense (A&D) business landscape is undergoing significant disruption, driven by a keen focus on innovation and digital transformation. Despite some future uncertainty, both the commercial and defense sectors are witnessing robust growth. While the growth of commercial aerospace is primarily being driven by the increasing number of passengers, which in turn is leading to expansion initiatives; growth in the defense sector is being driven by rising natural recapitalisation cycles, focus on aligning solutions to local requirements, and the increased demand for affordable, off-the-shelf equipment.
Bearing this in mind, today, attention is being diverted on the utilisation of high-impact technologies like artificial intelligence, sensory technologies, and robotics. AI, for example, enables predictive analytics for maintenance and facilitates smart manufacturing with connected devices that provide real-time information to workers on the shop floor. The technology also offers advanced automation that enables the workforce to offload repetitive tasks and enhances real-time responses to customer issues and complaints.
Besides, with the rising cost of fuel, many firms are switching to more fuel-efficient aircraft. These aircraft are easier to maintain, and, at the same time, cut-down operation costs. Many firms are also experimenting with autonomous flight systems, and exploring around the idea of human-free flights. Alongside, the maintenance and operation of aerospace is experiencing an evolution too. The use of simulated data is helping the staff plan their repair sheet ahead of time, making the maintenance faster and more efficient.
Highlighting these new developments in the aerospace and defence space, Aerospace and Defense Review has compiled a list of leading aerospace technology solution providers to guide organisational leaders in harnessing the power of the technology to tackle today’s aeronautical challenges, reduce workload, and increase efficiencies. We hope this issue helps you build the partnership you and your firm need to foster a technologically-driven business.
We present to you Aerospace and Defense Review‘s “10 Most Promising Aerospace Tech Solution Providers in Europe– 2020.”
