McKinsey & Company: Aerospace & Defense

Aerospace & Defense (A&D) industries encompasses two main markets – aerospace and defense. Aerospace is mainly concerned with the production, sale, and service of commercial aircraft while defense is reliant on the nation’s requirement for military weapons and systems intended to be functional on land, sea, and in the air. The aerospace and defense (A&D) industry is facing various challenges related to an unpredicted pandemic, rapidly developing technologies, and vulnerable supply chains. Therefore, measures should be taken to push the boundaries in air and space and protect our occupations through technologies, capabilities, and talent. Digital maturity of the aerospace & defense has the capability to generate create significantly more value for customers in terms of more affordable, reliable, and innovative offerings that get to market rapidly.

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