It doesn’t matter if you're making passenger aircraft or fighter jets, turbine engines or seat belt buckles, pulled rivets or overhead door latches — today’s aerospace manufacturer is dealing with tremendous pressure inside and outside the organization:
Whether you’re trying to edge out the competition or striving for more innovation and faster product releases, we have proven experience, methods, and solutions to meet your goals.
Toward Zero helps you meet the demand for more innovation, faster product releases, and more flexibility to meet ever-increasing quality and performance demands. With us, you can make your business more competitive and profitable despite the complex pressures in aerospace manufacturing today:
It takes up to millions of individual parts to make flight vehicles and out of necessity the aerospace industry is broad. Companies that make military aircraft, space systems, civil aircraft, and missiles have vastly different concerns from each other and even from the parts and components manufacturers that support them. Company size and target market also has an impact on challenges and opportunities in this diverse and complex industry.
Military aircraft manufacturers have to work hard to stand out among competition and satisfy customer demands. Meeting deadlines is of course is top of mind for every aircraft manufacturer, but that's just the beginning. International and country-specific regulatory requirements and certifications constantly shift and may cause confusion as political events play out. Some OEMs are now considering shifting or adding manufacturing base locations from locations like the United States and Europe to Southeast Asia, which may add complexity around safety standards and the supply chain. Then, as the economic climate shifts in the U.S. and globally, military aircraft manufacturers must always be prepared to respond to changes in orders and the cash flow fluctuations that may result. Finally, safety is an ever-present concern — the production environment, tools, and even the equipment being made exposes workers to tight spaces, with limited visibility, and even chemical substances. Customer safety — armed forces and the equipment they use — can be an extremely costly (reputation and financially) and even deadly aspect that requires maximum diligence throughout even planning and manufacturing processes.
Space systems manufacturing is highly specialized, particularly since most of the components are low-volume. Evolving federal regulations add to the complexity, along with operators' need to maintain flight certification. Innovative materials, testing, changing manufacturing processes, and environmental challenges keep this limited-production industry sector constantly on its toes. Shifts in the political and economic landscape certainly factor into space systems manufacturing companies' concerns, but closer partnerships and transparency with customers for innovation in manufacturing and materials is perhaps this market sector's biggest opportunity.
Passenger safety is the top priority for every passenger aircraft manufacturer. But that doesn't mean that innovation, speed of production and product release, and operational efficiencies aren't on airline manufacturing companies' mind. Any economic crisis can spell order cancellations or order deferrals for aircraft makers and the entire supply chain. Even still, late deliveries can create even more economic hardship for major brands, compounded by changes in orders for different equipment. Finally even during downturns, most companies must maintain at least a token level of production capacity so they don't lose their skilled workforce or that of suppliers.
The global space vehicles and guided missiles manufacturing market is expected to grow to more than $515.55 billion by 2024. That's great news for missile manufacturing companies, but doesn't mean that this sector is without its own challenges. Competitive rivalries mean that manufacturers must partner effectively with customers, which includes transparency of manufacturing processes and production data. These factors are both an opportunity and a challenge as companies that have been in the sector for many years may be hindered by aging technology infrastructures.
Tier 1 aerospace parts and components suppliers worry about the supply chain — it's not always easy to get the right parts and raw materials at the right time, in the correct quantities, and at the right price to meet CSRs. The ability to deliver safe, high-quality product isn't just a requirement — missing the mark can have devastating consequences that can put the company out of business, and even put leadership personally on the line. The risk is even greater for tier 2-n suppliers, since their entire business may rely on producing for this highly complex and sometimes volatile industry. A company's ability to compete, put in place the right technologies and processes, and attract and retain a qualified workforce compound the challenges for manufacturing companies that make parts and components for the aerospace and defense industry.
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