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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
| 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
ABI/Inform (via ProQuest)
For additional database choices, see:
Industry Data
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Aerospace Industries on Export.gov / International Trade Administration
American Institute of Aeronautics and Astronautics (AIAA) Defense, Navigational, and Aerospace Electronics 2005 Report / U.S. Census Bureau Defense Procurement and Acquisition Policy
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Lexis/Nexis Corporate Affiliations
Business Library, Reference: HG4057.A219
Ward’s Business Directory of U.S. Private and Public Companies
Business Library, Reference: HG4057.A56
Library Collections
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 |
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
Careers in Aerospace Factsheet / NASA
Career Opportunities / Federal Aviation Administration (FAA)
Opportunities in Aerospace Careers
Engineering, 325 Hammond Building: TL561.M285
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)
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
Economics Department | School of Hospitality Management | Department of Recreation, Park & Tourism Management | The Smeal College of Business | Text-only Version
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U.Ed.LIB 04-67