The aerospace and defense industry encounters distinct challenges—passengers’ expectations are rapidly evolving, defense funding continues to be robust, and new markets, such as commercial space and new modes of urban air mobility, are emerging. As a result, there are several opportunities available. Aerospace and defense corporations are constantly changing and evolving their businesses to capitalize on those opportunities. Indeed, they are altering at a rate that exceeds that of businesses in other industries.
In 2020, the aerospace and defense workforce underwent the most dramatic transformation in living memory. Aerospace and defense firms shifted their business models and invested in technology to allow most of their employees to work from home to ensure productivity.
The digital twin is maturing. Industry leaders in aerospace and defense are developing intelligent living models of factories, supply chains, and product lifecycles. They combine data and intelligence to portray a greater portion of the physical world in digital places. Intelligent twins possess strong simulation capabilities, enabling them to overcome creativity barriers. In essence, they serve as a risk-free environment to test out new ideas, develop long-term plans, and ponder many “what-if” situations. Thus, when the aerospace and defense industry evolve, they get access to many new opportunities, markets, and business models.
At this juncture, many cutting-edge aerospace and defense consulting companies are entering the domain with advanced and integrated offerings. To help the aerospace and defense sector strengthen its operational capabilities and simultaneously enable growth in the industry, Aerospace and Defense Review has compiled a list of the top aerospace and defense consulting companies. The list comprises prominent organizations in the industry that address issues pertinent to the aerospace and defense sector by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.
In this edition, we present to you Aerospace and Defense Review’s “Top 10 Aerospace and Defense Consulting Companies - 2022.”