Video: Introduction to the Aerospace & Defense Industry
The Aerospace Defense industry encompasses a broad range of activities related to the development, production, and maintenance of vehicles, systems, and equipment used in air and space travel, as well as national security and defense operations. This sector includes the manufacturing of commercial and military aircraft, spacecraft, satellites, and missile systems. It also covers the design and production of advanced technologies such as avionics, propulsion systems, and electronic warfare equipment. The industry is characterized by high research and development expenditures and is heavily influenced by government contracts and regulations. It serves both civilian markets—providing services like commercial airline transport and satellite communications—and defense markets by supplying armed forces with essential tools for defense, intelligence, and combat operations. Key players include multinational corporations, specialized equipment manufacturers, and government agencies.