2011 was record year for aerospace and defence, PwC finds

Posted on 8 May 2012

The aerospace and defence industry experienced a record year in 2011 driven by a surging commercial aviation market, according to a PwC report.

The Aerospace & Defence 2011 year in review and 2012 forecast report found that In 2011, the Top 100 A&D companies reported $677bn in revenue, a 5% increase compared to the previous year, and $60bn in operating profit, an increase of 2% from 2010. Neil Hampson, global aerospace and defence leader, PwC, said: “This year we…

This content is for subscribers only. Subscribe now for free to read the full article.