Following a strong year of growth in 2019, the aerospace and defense sectors are expected to continue developing rapidly this year.
“Geopolitical tensions are continuing to intensify and demand for military equipment is on the uptick, driving defense spending across the globe,” explains the latest 2019 Deloitte Global Aerospace and Defense Industry Outlook report. “Heightened global tensions and geopolitical risks, recovery in the U.S. defense budget, and higher defense spending…are expected to drive global defense sector growth in 2019 and beyond.
“Space is becoming an important part of the overall defense industry ecosystem as growing global tensions could pose a threat to space assets,” the report continues.
International Space Trade Summit Lands in CT Next Month
With demand growing for industrial businesses to support the rapidly developing needs of global space and defense initiatives, it’s an ideal time for small and medium businesses to take advantage of new international business opportunities.
The upcoming International Space Trade Summit, held May 19-21 in Hartford, CT, offers rare space and defense agency networking opportunities, educational seminars, and unique knowledge sharing opportunities specifically designed to support attendees in securing these new business opportunities.
Establish and Nurture Valuable Industry Partnerships
“A&D companies operating in this environment of uncertainty will do well by nurturing long-term stable partnerships across the industrial base and managing their global supply chain relationships,” the Deloitte Industry Outlook Report advises.
To support attendees in their efforts to develop these beneficial relationships, the Summit facilitates opportunities to network and nurture potential partnerships with members of esteemed aerospace agencies and businesses in attendance, including:
- NASA
- UK Space Agency
- Canadian Space Agency
- Australian Space Agency
- U.S. Air Force Space Command
- New Zealand Air Force
- U.S. Congress
- General Dynamics
- Raytheon
- Northrop Grumman
- Boeing
Learn How to Do Business with Global Space & Defense Agencies
Co-sponsored by the U.S. Commercial Service, the state of Connecticut, and the Connecticut District Export Council, the Summit brings together distinct international views to discuss the current state of the industry – and where it’s going in the future.
Subject matter experts from space agencies, OEMs, and industrial businesses from across the United States, Australia, Britain, Canada, and New Zealand will share a range of global perspectives as they discuss the future of space and defense supply chain, cybersecurity, diversifying workforce, and advanced manufacturing considerations.
Members of global space and defense agencies will also share their specific program outlines and associated timetables.
Registration Open; Limited Reimbursements Available
The paid, three-day event is currently accepting registrations from interested attendees from the U.S., U.K., Australia, New Zealand, and Canada; note that attendees from businesses based in Connecticut or select other U.S. states may be eligible for registration fee reimbursement. Visit the registration page for more information.