What Happened
Industry Stands At Inflection Point Amid Geopolitical Competition
The aerospace and defense sector is undergoing significant changes due to rapid industrial transformation, new military conflicts, and intensifying geopolitical competition. Governments are increasingly expecting industry to function as strategic partners in national security, economic resilience, and technological leadership. The US and Europe are seeing increased defense budgets and regulatory reforms, presenting both opportunities and challenges for companies in the sector. According to a report by Hogan Lovells, the resulting environment demands execution, discipline, and foresight at a level not seen in recent decades.