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25 Oktober 2011
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Aerospace Products & Parts Manufacturing
* Overview
* Risks & Opportunities
* Call Prep Questions
Industry Description
The US aerospace products and parts manufacturing industry includes about 1,300 companies with combined annual revenue of about $170 billion. Major companies include Boeing, Northrop Grumman, Lockheed Martin, Raytheon, and General Dynamics. The US industry is highly concentrated: the 20 largest companies account for about 90 percent of industry revenue. Many companies work primarily as subcontractors to the five largest manufacturers.
SIC: 3721, 3724, 3728, 3761, 3764, 3769
NAICS: 336411, 336412, 336413, 336414, 336415, 336419
Related Industries:
Machinery Manufacturing, Fabricated Metal Product Manufacturing, Airlines, Airport Operations, Charter & Other Nonscheduled Air Transportation Services, Industrial Equipment Wholesalers, Aircraft Engine & Parts Manufacturing, Armored Military Vehicle Manufacturing , Engineering Services, Industrial Supply Wholesalers, Machine Shops, Metalworking Machinery Manufacturing, Search, Detection, Navigation & Guidance System Manufacturing
Trends
Increased Emphasis on Operational Efficiency - Volatile fuel prices and increased competition have led to...
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Industry Indicator
US corporate profits, which affects airline traffic and demand for new commercial aircraft, rose 8.3 percent in the second quarter of 2011 compared to the same period in 2010.
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Quarterly Industry Update
Resurgent Aircraft Demand Brings Challenges - Though a welcome sign of returning demand, a recent sales bonanza could create supply chain challenges for aircraft makers and their primary suppliers. Aircraft manufacturers...
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Source : Copyright © 2011, Hoover's Inc., All Rights Reserved.
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