As the world recovers from the global pandemic, the global Aerospace and Defense (A&D) industry is focusing on developing new technologies and driving innovative solutions, creating new markets, and expanding on existing growth opportunities.

New technologies, constantly evolving business models, and increasing M&A activities are likely to further accelerate the shift toward digital and operational efficiencies. In particular, digital thread and smart factories present a host of efficiency and productivity enhancing technologies that are set to accelerate time to market as well as reduce cycle times.

Six A&D industry trends to watch:

• Innovative deployment of digital thread and smart factories is driving new efficiencies.
• Recovery of air travel is driving focus on digital innovation for growing aftermarket revenues.
• Defense contractors are leveraging innovation for building advanced military capabilities.
• Continued innovation is accelerating growth in the astronautics market.
• Advanced air mobility (AAM) firms are adopting new innovative business models.
• Innovative technologies and solutions are driving decarbonization.

Stay organized with MRPeasy

To stay competitive in the constantly changing marketplace and adhere to stringent industry standards, companies in the A&D industry require flexible production management software. MRPeasy is a robust and dependable manufacturing ERP that offers comprehensive functionality in an affordable and easy to implement, cloud-based solution. MRPeasy combines lean manufacturing principles, powerful serial number tracking and reporting, quality and version control management, end-to-end traceability, and much more, with essential back-end functionalities like CRM, HRM, order administration, and accounting.