Deloitte predicts the A&D industry will continue its growth trajectory in 2019, led by growing commercial aircraft production and strong defense spending. Reuters reported in mid-June that the “$150-billion-a-year commercial aircraft industry is entering a slowdown due to global pressures from trade tensions to flagging economies.” Boeing has pledged it will learn from the major issues with its 737 MAX. And United Technologies is buying Raytheon.
I think it’s safe to say 2019 has already been a noteworthy year, with the anticipation of more changes to come.
While the industry continues to evolve and react to its circumstances, SME Media’s Aerospace & Defense Manufacturing 2019 offers you a comprehensive industry outlook, as well as expert opinions on the technologies shaping its future growth.
We will begin with the “Five Trends to Watch for This Year” by John Kenkel, VP of aerospace and defense at Cyient. Kenkel shares his thoughts on how the greater traffic demands in the Asia-Pacific region have led to an increase in demand for airplane deliveries. He also discusses how the industry will see an increased pushed toward the adoption of digital innovation, particularly with new technologies like robotics/autonomous systems, artificial intelligence, additive manufacturing and sensor technologies.