As we progress through 2016 and beyond, the aerospace and defence industry is set to experience a huge growth in revenue. From the large number of orders OEMs have received to produce new aircraft over the coming 20 years, to the Joint Force 2025 Initiative in defence, the aerospace and defence industry is set to be busy.
So as we begin 2016, we’ve come up with 3 trends that we see developing in aerospace and defence in 2016.
Re-shoring the supply chain
As consumer demand for air travel increases, we will continue to see a pattern of re-shoring the supply chain back to the United States.
Not all manufacturing will be returning to the United States, but a large portion of it will continue to move back to the US in an effort to gain greater control and visibility over the supply chain. …
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