Aerospace And Defense
The aerospace and defense industry is mainly dependent on macro-economic factors and primarily controlled by government agencies. It comprises fivekeysegments, namelyCommercial and Aviation, Military Aircraft, Space Systems, Ground Defense, and Shipbuilding.The industry observes moderate growth globally, hindered by the dependence on a large number of sole-source suppliers, long lead time, financial constraints, order backlogs leading to extensive inventories, and cyber threats.
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