GCG’s Q3 2024 A&D Industry Update provides an overview of the latest trends in the sector, including recent equity market performance, valuation multiples, and transaction activity.

Select highlights include the following:

• Boeing released its 2024 Commercial Market Outlook (CMO) which predicts that air travel demand will outpace economic growth through 2043, with emerging markets and global single-aisle demand remaining the primary growth drivers for the industry. The global commercial fleet is projected to grow 3.2% annually.
• Over 33,000 West Coast machinists went on strike from Sep-13 to Nov-6. The strike ended with a 43% pay increase over four years and a larger signing bonus. Suppliers felt an impact which may continue into 2025.
• United Airlines announced it will offer in-flight Wi-Fi for free using Starlink, the biggest in-flight internet deal yet for the satellite service provider.
• The 2025 Defense sending bill was delayed until after the election / continuing resolution at 2024 levels.

Click here for the full update.

See here for all Aerospace & Defense News and Updates

Get in Touch

Tell us a little about yourself and we will get in touch as soon as we can.