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You are here: Home / News / UK Aerospace must act if it is to profit from through life services

UK Aerospace must act if it is to profit from through life services

September 28, 2020

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With the support of ADS, a team from Inaventure, Achieving the Difference and Aczel & Co. surveyed a broad range of aerospace and defence through life service suppliers using face-to-face interviews and an online questionnaire. We found that despite movement to services driving revenue growth, few expect margin growth!

The UK aerospace and defence sector needs to invest to realise the sales and margin opportunity of service-based offerings, deliver on its customers’ needs and retain and grow global competitiveness. In particular, investment is required in critical Commercial Capabilities. These include Risk, Supply Chain, Contract and IP Management, Data Collaboration and Predictive Analytics.

Technology adoption is a key enabler of these capabilities and delivering a through life service-based offer. Companies need to become better at adopting technology to retain competitive advantage and innovate service-based offers.

Want to achieve your difference in through life services? The difference is confidence in your choice

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…achieved by market focused strategy

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