The U.S. Aerospace & Defense industry contributes approximately 1.5% of national GDP, reflecting its critical role in both the economy and national security. Market growth is supported by sustained federal defense spending, the ongoing renewal of commercial aviation fleets, and the rapid expansion of satellite constellations within the space sector.
Demand is further fueled by the recovery of global air travel following the COVID-19 downturn and continued growth in emerging markets. At the same time, elevated global defense spending and ongoing geopolitical tensions are driving investment in advanced military technologies, supporting innovation across aerospace and defense systems.
For a visual overview of key trends, download our Aerospace & Defense Industry Infographic.