Defense Speeds Ahead According To Deloitte Global Report
Global aerospace and defense (A&D) sector revenues grew by 2.7 percent to reach $685.6 billion in 2017, according to the 2018 Global aerospace and defense sector financial performance study released by Deloitte Global. Launched in anticipation of the Farnborough Airshow, the results highlight that while revenue growth for the industry as a whole continues to accelerate, it lagged in comparison to an estimated 3.1 percent in global gross domestic product (GDP) growth.