For the fourth year in a row Flight International's in association with PricewaterhouseCoopers has produced the 'Aerospace and Defence Top 100' report.
The report can be freely download from the PriceWaterhouseCoopers website and alternatively here.
The report presents the folowing key findings:
- The industry has continued its growth: Top 100 aerospace manufacturers grew revenues 7.1% and profits 7.8% in 2008.
- The 80/20 rule still applies: the Top 20 companies accounted for 79% of the industry's sales and 81% of earnings.
- EADS overtakes Boeing, for the first time, to be largest global A&D company.
- Average operating profits remain broadly similar between Primes / Tier 1’s and others compared to prior years, however Tier 1’s continue to be the most profitable.