Digital Tech Spending By Aerospace Companies To Rise Sharply

Aerospace manufacturers are forecast to boost spending on digital technology sharply over the next decade.

Credit: James Thew / Alamy Stock Photo
By 2034, aerospace manufacturers will spend $53.8 billion on digital technology, up from $30 billion in 2022, according to a new report by market intelligence firm ABI Research. The spending is forecast to surge amid a renewed focus on the importance of rigorous adherence to aircraft assembly...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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