Top Management Issues Radar 2010 – European Aerospace & Defense industry
The aviation industry in Europe is still feeling the worldwide crisis. In our yearly "Top Management Issues Radar 2010 – European Aerospace & Defense industry" study, we surveyed more than 100 top managers across six countries to identify the industry's main current and future issues.
More than half of the interviewees expect the industry to return to pre-crisis growth levels no sooner than 2 years from now. However, following the crisis of the commercial sector, the defense segment is expected to suffer from cuts in state spending made to limit budget deficits. In this context, aerospace & defense companies have remained focused – for the fourth year in a row – on program management, market strategy and globalization.