Rebound seen for global aerospace, defence sector

Singapore

THE global aerospace and defence (A&D) industry is expected to return to growth in 2016 with total sector revenues to expand 3 per cent, after contracting in 2015.

Factors driving the bullish outlook include a pick-up in defence spend as well as big order books in the commercial aerospace sector, according to the Deloitte Touche Tohmatsu 2016 global aerospace and defence sector outlook.