The aerospace sector continues to strengthen as significant revenue and earnings are expected to grow throughout the second half of the year. The best news for the manufacturers supporting this industry is that they don’t need to be one of the “big boys” to cash in on the opportunity.

Aerospace Equipment Manufacturers
Source: World News Stand

Everything from wing and landing gear production to instrumentation and interior finishes is dependent on reliable aerospace equipment manufacturers. Take a look at the top five aerospace companies listed by Fortune 500.

Boeing – Despite the economic turmoil around the world, people continue to fly, and Boeing is there to scoop up the profits by serving emerging markets. They’re currently filling a record number of orders for their 777 and 767 models. The company also booked the largest order in company history in 2012 with Southwest Airlines to build 208 737NG and MAX planes.

United Technologies – Among many other businesses, United Technologies builds military helicopters and has even completed a massive acquisition of aircraft component manufacturer, Goodrich, worth $16.5 billion. They also own a well-known Carrier heating and cooling company, as well as Otis Elevators.

Lockheed Martin – Lockheed primarily serves the aerospace industry through defense contracts, but their vast capabilities extend into research, design, development, integration and more advanced technologies.

Honeywell – Honeywell serves the aerospace industry with wide range instrumentation and control products. It is a highly diversified company serving countless industries around the world, but aerospace is the company’s largest business segment, which produces integrated avionics, engines, systems and service solutions for aircraft manufacturers.

General Dynamics – Operating as an aerospace and defense company, General Dynamics provides products within business aviation, weapons systems, communications and information technology. The aerospace division is best known for its family of Gulfstream products.

How do you find your way into this lucrative world of aerospace equipment manufacturers? It starts with a great product design and the help of some skilled experts to bring it to life. Product Development Solutions has the skill and technology to take your design from concept to production quickly. 

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