Global Aerospace and Defence Programmes Under Pressure, PwC
OREANDA-NEWS. September 21, 2012. As the world’s global aerospace and defence (A&D) companies face mounting pressure to deliver their programmes, new research launched today by PwC shows how it can be done, reported the press-centre of PWC.
A new intensity: Programmes under pressure is the third of PwC’s A&D Insights reports and is being launched with the cooperation of 23 of the world’s biggest industry players.
Programme management is now shifting beyond the fundamentals of creating schedules, tracking progress and pressuring suppliers for improved performance. The report identifies five key areas for programme managers to focus on success:
getting systems integration right;
solidifying partnerships and joint ventures;
agility and speed in business processes;
being world citizens in relationship management;
applying a collaborative approach to supply chain management.
When asked what their priorities were in programme delivery strategies, 45% said keeping a tight control on costs and managing their global supply chains. Only 9% said protecting IP was a key priority.
PwC’s analysis also shows the number of investments in international markets by the top 50 A&D companies reached record levels last year. In 2011 alone there were 21 new manufacturing investments and nine in R&D. Two thirds of those R&D investments were in countries outside of North America, the UK and western Europe.
When looking at data between 2000 and 2011, China ranks as the number one country receiving the most (23) manufacturing investments by those A&D companies, followed by India and the US with 15 over that period. The UK ranks 7th. For R&D investments however, in the same period, India tops the charts, followed by the US, Russia and the UK.
Notes to editors
The full report can be downloaded at www.pwc.com/aerospaceanddefence
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