What Happened
European Defense Capability and Parts Scarcity Take Center Stage
Accenture’s global A&D lead, John Schmidt, has identified three key storylines to watch at the Farnborough International Airshow 2026. These include the next chapter of European defense capability, the challenge of parts scarcity, and the resilience of commercial aviation in the face of geopolitical factors. With European defense spending projected to reach $750 billion by 2030, the industry is facing a significant shift in priorities. Meanwhile, parts scarcity is testing the industry’s ability to convert demand into delivery, and commercial aviation is facing a resilience stress-test due to disruptions in the Middle East. This was reported by Aerospace Manufacturing and Design.