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Aerospace and Defense Industry to Face Opportunities, Challenges in 2021

ArchIntel

Deloitte does not expect commercial air travel to return to pre-pandemic levels until at least 2024, likely resulting in lower aircraft and rotorcraft orders and deliveries. Stefanie Kowitt is the head of Lockheed Martin’s capture excellence and competitive intelligence team. Commercial aerospace is recovering, albeit slowly.

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US Telecommunications Industry to Maintain Growth Amid Competition-Charged Environment

ArchIntel

While the stage has been set for growth, analysts predict that growth will be accompanied by intense competition among dominant carriers. It will be up to each telco’s competitive intelligence professional to deliver the insights needed to capture market share. These are some of the U.S.

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Competition Fever to Run High in US Defense Sector Amid COVID-19 Disruptions

ArchIntel

While recovery is projected to begin in 2021 , healing of the industry’s two constituent sectors is seen to happen unevenly, according to a Mordor Intelligence study. For the sake of perspective, the commercial aerospace sector is seen to experience negative growth because of the sharp decrease in travel demand.

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US Aerospace Sector Poised to Take Off After Pandemic Slowdown

ArchIntel

The commercial side is seen to bounce back slower due to the pandemic’s impact on air travel. Analysts predict that the road to recovery will be marked by intense competition among industry players. Overall aircraft order and delivery figures for 2020 show the extent to which COVID-19 shook up the industry.

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Defense Sector in Hard Fight to Sustain Growth Amid Pandemic

ArchIntel

While its civil aviation counterpart was reeling from the impact of the pandemic-spawned slump in domestic and international travel, the defense sphere was kept thriving by emerging threats to U.S. Companies in the defense sector are seen going into a war of sorts for market share. interests and dominance worldwide.

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