Welcome to Aerospace & Defense Manufacturing 2018. This year, we’re proud to offer you a comprehensive outlook on the A&D industry from Richard Aboulafia, VP of analysis at Teal Group Corp. In Aboulafia’s report, he begins with a strong statement: “The outlook for the aircraft industry is now the best it has been for decades.” In fact, the world’s aircraft output came to just over $180 billion in 2017. Boeing, Lockheed Martin and Gulfstream still lead the industry in the U.S., while Airbus and Boeing are increasingly controlling the world market. Annually, the A&D industry contributes $700 billion-$900 billion to the world economy.
This book also delivers a wide range of articles on how the A&D manufacturing market segment is utilizing advanced manufacturing technologies to improve production and cost:
Beyond the pages of this annual publication, SME offers a variety of ways for you to gain even more information about this essential industry. If you have not attended our AeroDef Manufacturing event (aerodefevent.com), I highly encourage you to do so (members receive a 20% off the list price). In 2019, we will be heading back to the Long Beach Convention Center in California, April 29-May 2.
During AeroDef, we also recognize composites manufacturing companies and industry experts for their contributions (sme.org/composites-manufacturing-awards). In addition, our annual poster challenge gives undergraduate students, early engineers and industry research professionals an opportunity to share their perspectives and ideas on what could potentially transform A&D manufacturing.
As a manufacturing industry resource and advocacy organization, we look forward to seeing what’s next on the horizon in A&D and continuing to support all of you and your efforts. Thank you for being part of SME.
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