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Aerospace & Defense Industry
NAICS Code 3364
Scope of this guide:

The aerospace and defense industry consists of several component segments: aircraft and aircraft parts manufacturers, weapons and intelligence systems manufacturers, satellite manufacturers and launch vehicle manufacturers.

All segments of this industry are capital intensive. Designing complicated new products or systems requires long lead times. Production requires a high degree of coordination of capital, manufacturing equipment, skilled personnel, materials and parts. Much of the pre-assembly work is provided by subcontractors. Negotiations with subcontractors and buyers are quite complex. Some of the technologies used in this industry changes very quickly.

Aircraft manufacturers are dominated by manufacturers of large commercial aircraft and military aircraft. Demand for commercial aircraft is tied to the current and projected needs of commercial passenger airline companies.

Demand is also volatile for military aircraft, weapons and intelligence systems manufacturers, due to complexities of long-range national defense planning and budget formulation, the political climate of the U.S. Congress, and a highly competitive international market.

Communications and remote sensing satellites are used for military, commercial and scientific purposes. Launch vehicles must be used to deploy satellites in to orbit. This industry is particularly vulnerable to launch failures and other problems which cannot be corrected from the ground.

See Also: Transportation & Warehousing Industry

Industry Definitions

Code NAICS Sector ( WHAT is NAICS? )
3364 Aerospace Product and Parts Manufacturing
334511 Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
336992 Military Armored Vehicle, Tank, and Tank Component Manufacturing

Databases for Industry Research

Standard & Poor's NetAdvantage

  1. - Industry surveys
  2. - Bond ratings
  3. - Company profiles and corporation records
  4. - Stock, bond and fund research
  5. - See "Aerospace and Defense" Industry Survey
Plunkett Research Online (Industry Information)
  1. - Industry sector analysis and research
  2. - Industry trends and statistics
  3. - Market research and trends
  4. - Company profiles
Reuters Research On-Demand
  1. - Real-time full-text investment research
  2. - Reports cover companies and industries
  3. - Over 750 contributing firms
ValueLine
  1. - Aggregate data and analysis on industries
  2. - Reports, articles, and company highlights

ABI/Inform (via ProQuest)

  1. - Indexes over 1000 business periodicals
  2. - Trade journals, business magazines, academic journals and other news sources
  3. - Most articles full text

IBISWorld

  1. - Over 700 full-text industry reports
  2. - Over 700 US industry risk rating reports
  3. - Information on over 8000 Publicly Traded Companies
  4. - Hundreds of economic and demographic profiles

For additional database choices, see:

  1. Database Descriptions
  2. Database Comparison Chart

Industry Data

SELECTED Companies

Airbus

General Electric Co.

Boeing Co.

United Technologies Corp.

Lockheed Martin Corp.

Northrop Grumman Corp.

Honeywell International Inc.

General Dynamics Corp.

Raytheon Co.

Textron Inc.

L-3 Communications HLDGS Inc.

Resources for Identifying Companies in the Industry

Hoover’s Online

  1. - Proprietary company overviews
  2. - Industry breakdowns and explanations
  3. - Competitor listings
  4. - Financial synopses

Lexis/Nexis Corporate Affiliations
Business Library, Reference: HG4057.A219

  1. - U.S. corporate directory
  2. - Holding company directory

Mergent Online

  1. - Information on 11,000 U.S. public companies and 17,000 non-U.S. public companies
  2. - Detailed, standardized financial statements
  3. - Searchable by company name, industry codes, revenue levels, and other characteristics
  4. - Comparative analysis among companies
  5. - Access to SEC reports

Ward’s Business Directory of U.S. Private and Public Companies
Business Library, Reference: HG4057.A56

  1. - Listings organized by NAICS code
  2. - Ranks public and private companies by revenues/sales

Library Collections

Selected Reference Titles

For additional materials, contact the Schreyer Business Library.

The Aviation & Aerospace Almanac
Engineering Library, Reference, 325 Hammond Building: HE9803.A1A9 2003

Aerospace America   Aviation Week & Space Technology
Aerospace Daily & Defense Report   Space News

 

Call # Ranges

-NA-

Trade Associations

Aerospace Association Websites / Export.gov --- Aerospace Industries

Aerospace Industries Association (AIA)

News & Events
Issues & Policies
Statistics
Reports

Aerospace Industries Association of Canada (AIAC)

Aviation Safety Alliance

General Aviation Manufacturers Association (GAMA)

International Air Transport Association (IAIA)

National Business Aviation Association Inc. (NBAA)

The Satellite Industry Association

Career Information

Aerospacecareer.com

Aviation Employment.com

AvJobs.com

Careers in Aerospace Factsheet / NASA

Career Opportunities / Federal Aviation Administration (FAA)

Opportunities in Aerospace Careers
Engineering, 325 Hammond Building: TL561.M285

Career Voyages

Salary.Com

Beyond.com

Career Overview

JobBank USA

Vault Online Career Library (Currently, Vault Guides are facing problems opening in Adobe Reader 8.x. Please see here for using FREE Adobe Digital Editions to access these guides)

  1. - Vault provides full-text career and industry guides
  2. - Includes company profiles, occupation descriptions, and career-related articles

Career Guide to Industries  (Bureau of Labor Statistics)
Business Library, Reference: HF5382.5.U5 C3162

Occupational Outlook Handbook  (Bureau of Labor Statistics)
CAT record for print copies
Business Library, Reference: HD8051.A623

Career Resources Page

 

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