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 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.