Aerospace & Defence
The aerospace industry combines aircraft manufacturers, guided missiles, aircraft engines, space vehicles, propulsion units, and related parts manufacturers among others. Apart from these, Aircraft overhaul, rebuilding, and conversion also form a part of the Aerospace and Defense industry.
Firms producing transport aircraft make up the largest segment of the civil (nonmilitary) aircraft portion of the industry. Civil transport aircraft are produced for air transportation businesses such as airlines and cargo transportation companies. These aircraft range from small turboprops to wide-body jets and are used to move people and goods all over the world. Another segment of civil aircraft is general aviation aircraft. Aircraft in this segment range from the small two-seaters designed for leisure use to corporate jets used for business transport. Civil helicopters, which make up one of the smallest segments of civil aircraft, are commonly used by police and large city traffic departments, emergency medical services, and businesses such as oil and mining companies that need to transport people to remote worksites.
Aircraft engine manufacturers produce the engines used in civil and military aircraft. These manufacturers design and build engines according to the aircraft design and performance specifications of the aircraft manufacturers. Aircraft manufacturers may use engines designed by different companies on the same type of aircraft.
Aerospace need solutions that can help them improve sourcing and reduce production lead times with no compromise in product quality or performance, build life-long customer relationships through superior aftermarket services, and manage products across their entire lifecycle. Supply chain integration that eliminates bottlenecks and improves time to market is also part of the key needs.