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One of the world's biggest commercial events for the aerospace and defense sector takes place next week, but what’s going to be on the agenda for 2012? Are we going to see the same high-flying order books and themes we saw in Paris ? Maybe not on last year's scale but still pretty robust, is our view.
Last year the A&D industry experienced a record year in 2011 on the strength of a surging commercial aviation market.
There is no doubt the pressure is being cranked up hard on those delivering the programs but the industry’s key players will also need to use the time this week to talk about another real issue affecting industry — supply chains — protecting, securing and growing them. Or even, asking if their supply chain can keep up.
Continued growth for this year is likely and with the announcement of the new assembly facility in Alabama it is certain to get suppliers’ interest going. The announcement means that Airbus will now have four assembly sites , two in Europe, one in China and now one in the US. A lot of interest was generated last year around the A320NEO but we could find some of that shine switching to Boeing’s 737MAX this time round.
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