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There is More Money in A&D Then People to Spend It

by Todd TUTHILL, Vice President of Aerospace & Defense, Siemens Digital Industries Software

Date: Issue 134 - October 2024

There is more money being invested in the aerospace and defense industry than people to spend it in the next five years. Billions of dollars are being poured into all sectors, from commercial and defense to space, at a rate that has not been seen in decades. Yet an increasingly aging workforce and shifts in talent away from the industry are leading to companies lacking the employees to carry out new programs.

The game is changing