Michael Finley

Michael Finley
Articles
PwC Commentary: Where A&D Companies Should Focus

The aerospace and defense (A&D) industry achieved record revenue and profits in 2012 on the strength of a surging commercial aviation market. Industry revenue and operating profit increased 2% and 4%, respectively. Median Top-Performing Companies (TPC) scores for the largest A&D companies improved to their highest levels since 2007, the year before the Great Recession. Mid-size company scores were flat, but remained at historic highs, and smaller company scores dropped considerably, after a brief peak last year.

A&D Contractors Reposition For Altered Landscape 
Given the complex, long-term nature of the supply chain, there is a risk of raw material and parts shortages that could cause disruptions that result in delays and drive up costs.
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