Aerospace and Defense
Rapid changes in the aerospace and defense industry are creating new opportunities for companies willing to innovate and reposition themselves for the future. BCG’s aerospace and defense consulting teams help companies adapt to these ever-evolving times.
Today’s commercial aerospace industry is still grappling with the sharp decline in air travel due to the pandemic, which is weighing heavily on aircraft production and the civilian aerospace workforce. The defense industry, in contrast, has seen steady demand and even some new opportunities.
For companies that operate in both segments, the challenge is to foster defense innovation, maintain operations, and strengthen their financial position to offset the declines in the commercial business.
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