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Business/Financial

Deloitte Report Sees Return To Revenue Growth In Global A&D Sector In 2016

By Cal Biesecker

Tuesday, January 5th, 2016

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Deloitte Report Sees Return To Revenue Growth In Global A&D Sector In 2016

Lockheed Martin's F-35 is one of a number of U.S. programs expected to contribute to help the global defense subsector return to growth.

After a year of negative revenue growth in the global aerospace and defense (A&D) sector, the outlook for 2016 is positive due to expectations of strong revenue and earnings in the commercial aerospace subsector and the likelihood of a new growth cycle beginning in the defense subsector, according to a report released Tuesday by the international consulting firm Deloitte Touche Tohmatsu.In 2016 revenues in the global A&D sector are estimated to grow 3 percent after declining a half-percent in 2015,…

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