Top investment banking firms for the Aerospace & Defense industry

In the recent years, the defense sector, globally, experienced a massive hike due to increase in defense budget in some of the major powers of the world. However, when it comes to the global and commercial aerospace sector, due to various reasons like issues related to production, order cancellations, and other; the growth has slowed down. This also had an impact of the defense sector as well! It has been predicted by the experts that things are going to improve in 2020; however, the two important factors, like innovative technologies and demand for commercial aircraft would play a major role in it. 

The Aerospace and Defense Market 

After an incredible hike in the year 2018; A&D or global aerospace and defense industry has experienced a down slide in 2019. The defense sector, at a global scale continues to grow; however, the growth rate of the commercial aerospace sector has slowed down considerably. It is expected that in the year 2020, the A&D industry will be back on track as far as the commercial aerospace sector is concerned, which would help them to recover from the decline experienced in the year 2019.

In this section, a brief insight will be offered on the performance of the A&D industry and would also speculate its growth prospective in the years to come. It would also outline different aspects which can impact this industry, globally. 

Here are a few important aspects about Aerospace and Defense Industry 

  • As far as the commercial aerospace industry is concerned, it experienced a decline as there has been some serious issues with production when it comes to certain models of aircrafts
  • The defense industry experiences a steady growth as the military expenses of most of the countries, especially the big ones, have increased considerably. Import and export of defense equipment continues to increase, which is considered to be as one of the primary reasons for the growth of the global defense sector. 
  • As far as the A&D industry is concerned, the global supply is likely to get disrupted due to changes and alterations in international trade agreements. This can result in the increase of cost
  • It has also been predicted that in the year 2020, the rate if investment is likely to increase. Besides, new and advanced technologies would also help to improve the rate of production in 2020. 
  • Though a lion’s share of credit for the growth of A&D industry goes to the United States of America; however, there are few other countries like India, France, China, the Middle East, Japan and also UK, would come up with significant contribution towards the growth of A&D industry at a global scale. 

What is an Investment Banking Firm? 

An investment banking firm is a special niche of the banking sector which helps different organizations and also individuals for the purpose of raising capital. Besides, they also offer different types of consultancy services related to financial matters to their clients. 

The role of an investment banking firm is that of an intermediary, between the investors and security issuers. These firms buy all the shares which are available at a price estimated by the experts and then resell these shares to the public or sell them on the issuer’s behalf. In the second case, the get commission on every share sold. 

As far as investment banking is concerned, it is regarded to be as one of the most complicated of all the financial mechanisms. These banking sectors serve different types of purposes to an array of different business entities. They offer different types of financial services, which are as follows 

  • Trading of securities
  • Proprietary Trading
  • Acquisition and Merger advisory, that involves assisting different organizations In the process.
  • Leveraged finance is also another important aspect of their operation, where they lend money to different firms for the purpose of purchasing different types of assets and settling of acquisitions. 

Apart from these, there are various other types of services which are rendered by an Investment Banking Firm. When it comes to the most complex financial matters which involves buying and selling of shares along with raising fund for huge business operations, these bnking sectors have proven to be very helpful and effective 

What Services an Investment Banking Firm provide?

There are four primary types of services offered by investment banks. They are as follows 

  • Raising of Capital: An investment bank plays a major role in assisting different business organization to raise funds for the purpose of achieving different types of objective; such as acquisition of another company, reduce their debt load, expand their existing operation and for achieving other types of financial purposes. When it comes to capital, it can include some combination of common equity, debt, different types of hybrid securities and preferred equity. One of the main functions of an investment bank is to work alongside it’s client for the purpose of structuring the transaction in order to meet different types of objectives and also to attract new investors
  • Sales and Trading: These types of services are mainly relevant to the firms which deal in public trading, and also for those who are planning to go public in the days to come. In this particular section an investment bank provide different types of services like making new offers, publishing different types of research reports and others
  • Mergers and Acquisitions: Often, investment banks represent different types of firms when it comes an array of complicated financial processes like divestitures, mergers and acquisitions.
  • Different Types of Advisory Services: An investment bank offers a wide range of different types of advisory services which include business valuation, strategic planning, offering assistance in the process of financial restructuring, providing opinion on a particular transaction which contain different sorts of complication. 
  • Research: The investment banks which deal in large projects, usually have a dedicated team  to carry out extensive market research and to gather information about different companies. It is also their task to offer recommendations on whether they should buy stocks or sell them. These reports can also be used internally  and also for the purpose of generating revenue by selling these reports in the market. 
  • Sales and Trading: Big investment banking firms have a separate trading department, whose main job is to execute stock on behalf of their clients. They are also engaged in proprietary trading, where money is invested on securities. 
  • Asset Management: Another important aspect of their job is asset management. In this department, they help their clients select the right mix of debt instruments, stocks,  different types of real estate trusts and others. 
  • Wealth Management: Offering valuable suggestions and advice to the clients with regards to managing different types of property values, is also a major aspect of the services rendered by the investment banking firms. 

These are some of the main services which are rendered by an investment bank. Apart from these, they also offer different other types of services. As mentioned, an investment bank deals in some of the most complex financial operations. Its job is not only to help companies raise fund, but at the same time making sure that they can achieve different other types of financial objectives.

 As far as the services of investment banking firms are concerned, they have different wings. These banks have played a major role in the progress and development of defense and A&D sector all over the world. 

Top Aerospace Investment Banking Firms 

Here is a list of top investment banking firm who have played an instrumental role towards the development of this particular sector 

These are some of the top investment banking firms which have been contributing for the progress and development of the aerospace industry.  According to a recent report published by World Bank, in the year 2020, the rate of investment in this particular sector would increase by 2.3% compared to the previous year. This is means that latest technology will be introduced in this sector which would increase the rate of production. This particular sector has experienced a massive decline as far as production is concerned in the year 2019. This has been pointed out as one of the major reasons for its descend. 


Buying or selling an Aerospace company

Willing to buy or to sell an Aerospace or Defense business and you need some advices? Looking for a person with extensive knowledge in the Aerospace & Defense market and that have the experience in Merger & Acquisition in your local area?

Aerospace Export regroups experts from all location with all type of skills (sales rep, M&A consultant, lawyers, government officials,..). We specialized in supporting the organic and external growth of Aerospace & Defense companies. Our experts could be helpful so please don’t hesitate to contact us. We will assist, advise and connect you with our network for FREE.


AerospaceExport Job Application Service

AerospaceExport Job Application Service is an easy way to send your application to hundreds selected companies (including Boeing, Safran, Airbus, GKN, …) in one simple process.

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Top military & Defense trade shows & conferences in 2020

What is the military and defence industry?

Military and defence industry is a huge industry that produces and sells weapons to different countries. They are also responsible for selling various military technology to the countries across the world. This industry is responsible for the production of defence products like Pistol and Guns and also delivers the technology that is needed for modern warfare. 

What are the forecast of the military and defence industry?

There are several forecast in terms of technological advancement and the political advancement of the defence industry. It is being estimated that in the future the war instrument will be artificial in nature. Given the social and the political system of different counties there are chances of crisis and this may lead to several outbreaks of war. This is the time the defence industry will be of major help to fight and mitigate the risk of war. Every year there is a huge amount of investment done on the military and the defence of the country. This is one of the reasons why it is necessary that there is an improvement in the economy and the political factors. Else there several chances of terror as being forecasted by military and defence industry. 

The reasons to join military trade shows

Military trade shows are the ways through which different technological advancement in the field of defence is known, Becoming a part of such trade show allows the understanding of political strength and political agenda of different countries. The new technologies can be exploring in a way of that agenda can be formed further to understand the political moves of different countries in the world. Having a details concept of the same is essential. 

Getting assistance from Industry experts:

Connecting with Aerospace & Defense industry experts is one of the alternative solution in order to ask the different question that you have and to seek the advices that you need. Feel free to have a look at the services providers that we listed for you in the following categories:

list of some of the top military Shows of 2020:

  1. ANME Trade Show (9th August to 11th August, 2020): This is a trade show that offer goods for Army and Navy. In this show you will also come across various campaigns that talks about the enforcement of Law. The Show will be held in Las Vegas, USA.
  2. IFSEC (3rd December to 5th December, 2020): This is one of the biggest show for civil protection and fire safety. This show will be hosted in New Delhi, India. In these show some of the renowned consultants, exhibitors and government officials will be present. 
  3. Oaks Gun Show (13th March to 15th March, 2020): This is one of the most unique shows that exhibits artilleries and defence equipment. The show will be held in The Greater Philadelphia Expo Center, Oaks, USA. Apart from the defence items you will also come across books about guns. 
  4. Secutech (7th May to 9th May, 2020): This is considered to be one of the largest security fair in India. This will be held in Bombay Exhibition Centre (BEC), Mumbai, India. One of the unique features of this fair is that this fair brings in some of the leading global and national players in the market. 
  5. Florida Gun shows (25th April to 26th April, 2020): This is one of the largest gun show in Florida. This show will be held in Miami-Dade County Fair & Exposition, Inc., Miami, USA. This is a unique show that brings in some of the antiques arms and ammunitions. The show would provide you with an array of antique collection. 
  6. MSPO Expo (8th September to 11th September, 2020): This show will be held in Targi Kielce, Kielce, Poland. The main focus of the show is to exhibit advance technologies on Land, sea and air.  
  7. International Security Conference & Expo (18th November to 19th November, 2020): This is one of the largest military trade show in America. This show offers a one on one discussion with the top innovators and the creators of these ammunition which makes this show unique. This show is held in Jacob K. Javits Convention Center, New York, USA.
  8. Florida Gun Shows – Orlando (21st March to 22nd March, 2020): This is another huge gun show in Florida. This show have travelled more than 8 different cities in USA and have got a huge response. This show will be held in Florida Gun Shows – Orlando. 
  9. Fire & Safety India (7th May to 9th May, 2020): This fair occurs at the same time and at the same venue of Secutech. This is one of the largest exhibitions of fire security and safety in India. This will be held in Bombay Exhibition Centre (BEC), Mumbai, India. 
  10. CANSEC (27th May to 28th May, 2020): Every year this fair brings innovative idea and concepts. This is one of the fair that brings cutting edge technology in the field of arms and ammunitions. The leading producers of arms and ammunitions in Canada comes together to showcase their products. This fair is held in EY Centre, Ottawa, Canada.
  11. Florida Gun & Knife Show West Palm Beach (14th March and 15th March, 2020): The fair exhibits new and used guns that are popular in the war fare. This fair is held in South Florida Fair, West Palm Beach, USA. Apart from guns you will find a huge range of other material that are used in defence. 
  12. Florida Gun Show Tampa (18th April to 19th April, 2020): This show is held ito 8th Octn Florida State Fairgrounds, Tampa, USA. 
  13. DEFEXPO INDIA (5th February to 8th February, 2020): This show will be held in Vrindavan Yojna, Lucknow, India.
  14. Safety & Security Asia (6th October to 8th October, 2020): The event will be held at Marina Bay Sands, Singapore.
  15. IFSEC International (19th May to 21st May, 2020): This is an opportunity unmatched. The fair will be held at ExCeL London, London, UK.
  16. SecuTech Expo (22nd April to 24th April, 2020): Similar to the SecuTech that is held in India it will come up with latest military guns and other technology. This will be held at Taipei Nangang Exhibition Center, Hall 1, Taipei, Taiwan.
  17. The Indy 1500 Gun & Knife Show (13th Mach to 15th March, 2020): Several products will be displayed in the Show which includes the supply for shooting, equipment for reloading and pistols. The event will be held at Indiana State Fairgrounds, Indianapolis, USA
  18. Tucson Expo Gun Show (2nd May to 3rd May, 2020): A range of products like the shooting supply and other ammunition will be seen in this show. This will be held in Tucson Expo Center, Tucson, USA
  19. International Defence Industry Fair (30th April to 3rd May, 2020): This is a unique show that exhibits tanks that are used in the battle field. This Show will be held at Tuyap Exhibition and Convention Center, BĂĽyĂĽkçekmece, Turkey. 
  20. Premier Gun Shows (22nd February to 23rd February, 2020): Organized at Big Town Events Center, Mesquite, USA this show features some of the best Guns and military knives that are used in the war. 
  21. Dixie Charlotte Gun & Knife Show (18th April to 19th April, 2020): Some of the best shotguns, rifles knives and ammunitions are being displayed in this fair. This fair is held in The Park Expo & Conference Center, Charlotte, USA.
  22. Florida Gun Shows FT- Myers (4th April to 5th April, 2020): If you want to know the name of the largest gun show promoters of Florida than this is the name you should look for. The location of this gun show is Lee Civic Center, Fort Myers, USA. 
  23. High Caliber Gun & Knife Shows (29th February to 1st March 2020): In this gun Show you will come across different types of gun and Knives. Reach out to High Caliber Gun & Knife Shows to witness the unique fair. 
  24. Security Israel (26th May to 27th May, 2020): Held at Tel Aviv Convention Center, Tel Aviv-Yafo, Israel this is one of the best gun Shows in the country. 
  25. Infosecurity (28th October to 29th October, 2020): This is an advanced show that incorporates digital techniques in the warfare. This is held in Jaarbeurs, Utrecht, Netherlands
  26. Police Security Expo (23rd June to 24th June, 2020): This is held in Atlantic City Convention Center, Atlantic City, USA exhibiting some of the latest inventions in warfare gadgets. 
  27. Canadian Technical Security Conference (31st March to 2nd April, 2020): This is one of the fair that covers several technical threats that have been witnesses recently. This is held in NAV CENTRE, Cornwall, Canada. 
  28. Dallas Arms Collectors Association Gun & Knife Show (28th March to 29th March, 2020): This is also one of the best military trade show held in Southfork Ranch, Parker, USA.
  29. Doha International Maritime Defence Exhibition & Conference (16th March to 18th March, 2020): This is a brilliant exhibition of Quatar arm and water forces. The exhibition will be held at Qatar National Convention Centre, Ar-Rayyan, Qatar.
  30. Security China (21st October to 24th October, 2020): This is one of the leading Chinese military trade that will be held at China International Exhibition Center, Beijing, China. 


Finding a job at an Aerospace Company

No matter if you are looking for an engineering, technician or executive position at an Aerospace or Defense company, we recommend you the following steps:

  1. To search for the preselected Company’s website and to look for any contact information available in order to send an application. Human ressources contact information are best but they are sometime not available online. You should realize this step to a small number of selected companies.
  2. Another good practice would be to use LinkedIn contact search feature in order to find the right contact within the targeted businesses. To do so, preselect the location filter, enter the name of the targeted company and look for any contacts with the same position that you target or from the human ressources department.
  3. To ask for more information/ help to the contacts that you found in the selected companies. It is always easier to get an answer when you ask for some advises. Try to connect with the targeted contact and to potentially organise a quick phone call in order to ask your questions about the work environment, the position,.. before applying. Your new connections would increase your chances of success with your application.
  4. Apply to the available position potentially referring to your new connection and referencing the information learned during your previous conversations.

AerospaceExport Job Application Service

AerospaceExport Job Application Service is an easy way to send your application to hundreds selected companies (including Boeing, Safran, Airbus, GKN, …) in one simple process.


DOING BUSINESS WITH an Aerospace company?

Willing to do business with an Aerospace company and you don’t know how to start? Looking for a person with extensive knowledge in the Aerospace & Defense market or in a specific company?

Aerospace Export regroups experts from all location with all type of skills (sales rep, M&A consultant, lawyers, government officials,..). We specialized in supporting the organic and external growth of Aerospace & Defense companies. If you feel that we could be helpful in your projects, please don’t hesitate to contact us. We will assist, advise and connect you with our network for FREE.

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Aerospace & Defense Jobs

Aerospace is a booming industry, and every year, thousands are getting recruited in various sectors of this industry, worldwide. In countries like France, Germany, UK, India, USA and China, the demand for aerospace professionals are at its peak. There are many openings in this industry and it also offers good money!

There is huge demand of qualified technicians and engineers, from different domain in aerospace industry. The fact that this particular sector has experienced tremendous amount of boom over the last couple of years; throughout the world, has resulted in the increase of demand of these professionals. Those who wish to pursue their career in this field, have tons of opportunities these days, both at the civil as well as military sector.

Apart from NASA, Boeing, Airbus, Lockheed Martin, which are ones of the major recruiters in the Aerospace sector, various other organizations such as start ups, from all over the world are recruiting engineers and technicians.

Aerospace Export Job services

Send your application to +200 selected companies

  1. Pay our service fee
  2. Fill our online application form
  3. Send your application
  4. Wait for a job interview

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Table of content

What are Aerospace Jobs?

There are many jobs available If you are planning to pursue a career in the aerospace industry. You can find jobs in the engineering side that would be identified by speciality such as Mechanical, software, hardware, electrical engineer or by function such as Test, R&D engineer,… Jobs in the technical side usually for the manufacture of the parts, sub assembly or entire vehicle. It is often forgotten that the Aerospace & Defense feature also none technical jobs such as Sales and Business Development, corporate, finance, accounting, contract management,…  Here are few jobs that you can find in the Aerospace & Defense industry.

  • Mechanical Engineer: Mechanical engineers are demanded quite heavily in this domain as they are required to develop and modify various parts of missiles, space crafts, aero planes. Besides, R&D is also another aspect of their job profile
  • Spacecraft/Aircraft Designer: As more and more private airlines came into existence, the demand for aircraft designers has increased tremendously. Besides, with the development of space engineering sector in many countries the demand for spacecraft designers have also increased over the years
  • Military Aerospace Engineer: Many countries like India, Chin, Israel have been investing billions of dollars in their air force sector, this has created lots of opportunities and openings for the engineers in the military aerospace sector
  • Drafter: Drawing blueprints and designs is an important job roles in aerospace sector. There are lots of opportunities for the drafters in this sector
  • Technician: Like in many other engineering sectors, the demand for technicians in this market is quite high due to necessity to manufacture parts and complete systems.
  • Data processing manager: aerospace companies are generally works with large amount of data and simulations in order to keep them in perfect order and run different simulations and get the result form those tests the data processing engineers are required. This profile includes managing, designing and assembling different types of data with the help of super computer.
  • Test engineer: everything starting from a tiny sensor to big parts of a rocket or place before starting the production they company needs to taste it. So they often need test engineers who can test those things and get the confirmation about the safety and successful operation of the same.
  • R&D engineer: research and development is part and parcel of the aerospace industry. In order to bring new technologies and advance equipments in the market first they need to do extensive research. And R&D engineer thus have greater role to play in this industry.
  • Project manager: this job can be done by a mechanical or electrical engineer based on the project. To build an aircraft or rocket several engineering knowledge comes in to play in order to create an efficient and superior machine. Thus a project engineer makes sure that part of his job is done duly by his team.
  • Account manager: This person is in charge of the growth of the business with a targeted account. He/ she will supervised the sales negotiation but also the project management making sure that the customer remain happy by the company services.

Apart from these, there are various other job openings which exist in the aerospace sector. The fact that most of the major powers in the world, are aggressively working towards improving their air power, has opened up new avenues for those who are planning to pursue career in this particular industry.

What are Aerospace Engineering Jobs?

When it comes to aerospace engineering jobs, there are different types of profiles which are available. The aerospace engineers are primarily involved in designing of aircrafts, satellites, spacecrafts and missiles.

They are involved in manufacturing, R&D, designing of civil and military aircrafts; besides, there are also demand for these engineers in the space sector as well. They work on different projects which are related to national defence and space research institutes. At the technical level, the demand for engineers at aerospace sector is quite high. There are requirements for mechanical engineers, electrical engineers, electronic engineers and computer engineers.

As far as their job profile is concerned, there are different types of openings which are available in this sector. It can be related to designing, manufacturing, processing, R&D and others. All the modern air and spacecrafts which are operating these days; both in civil and military domain are being planned and designed by these engineers. It is a combined team effort by all these different groups of professionals who pull up some of the most incredible designs for civil and military aircrafts. One of the major job roles of these engineers is to produce the best of outputs at the expense of minimum amount of cost. 

What are Aerospace Manufacturing Jobs ?

As far as aerospace manufacturing sector is concerned, it is about assembling aircrafts, spacecrafts and missiles. It is a huge industry and according to a report published by the Aerospace Industries Association; more than 4, 66,000 people were employed in the year 2016, all over the world. Out of these, more than 3, 90,000 were recruited to work at the parts and aircraft sectors and nearly 76,000 were deployed in space vehicles, guided missiles and other parts sectors.

More than 36% of aerospace workers are involved in plant jobs. Some of their job roles are unique to this particular industry; however, there are many other jobs which are found in other industries too. For example, when it comes to designing an engine or making a structure of an aircraft, it involves mechanical engineers and metal workers, who carry put the same kind of job in other industries as well.

When it comes to manufacturing jobs, like any other sectors, following the blueprints is one of the most important aspects. This is why engineers and trained technicians are deployed in this particular domain. As far as less skilled workers are concerned, they are entrusted with the responsibility to operate different types of machines which are used to manufacture parts used in the process of assembling.

Where are Aerospace Engineering Jobs?

As mentioned, the demand for aerospace engineers are increasing day by day, as this particular sector, at a global scale has made tremendous progress. Here are some of the top companies in the world who require qualified aerospace engineers

These are some of the top names in the domain of aerospace engineering. Apart from theses companies listed, there are organizations like NASA, and others governmental agencies, which offer career opportunities for the aerospace engineers. Apart from the civil sector, there are as well tons of different types of job opportunities that have evolved in the military sector.  All the advanced countries are engaged in a competition of over powering each other as far as their air force strength is concerned. This is calling for more and more engineers and technicians, who are assigned the responsibility of designing and manufacturing advanced and sophisticated fighter jets, and other kinds of aircrafts. 

Besides, many countries in the world are developing aircrafts, space crafts and various other kinds of vehicles related to this particular industry. Considering the fact that aerospace industry is booming day by day, the demand for engineers in this sector have increased over a period of time, which offers a great opportunity to those who wish to pursue their career in this particular industry.

how many aerospace engineering jobs are there?

 

 

According to a recent report, it is estimated that the demand for aerospace engineers will increase even more by the end of 2022. NASA, is going to be one of the major contributors in this domain. If you have to go by the reports it is estimated that in the period of 2016 to 2026 the requirement for the aerospace engineers will increase in a rate of 6% per year. Currently there are only 90000 aerospace engineers working alone in the United States of America according to the Bureau of Labor Statistics. The current openings for the aerospace engineering jobs in the USA are also looks very promising and it is estimated that almost 69600 jobs are still there to fill up the gap.

The more the demand and use of aerospace is growing in the world coupled with that the demand for the qualified and expert aerospace engineers is also growing in leaps and bounce  in the market. And not only in the USA, this is also true for the rest of the world also. Thus it is safe to say that this is one of the most promising yet challenging jobs which need both technical knowhow and solid experience too.

 

Aerospace Export Job Application Service

AerospaceExport

AerospaceExport’s main objective is to assist companies developing their activity in the Aerospace & Defense industry. We connect, advise and inform those different actors in order to create new business opportunities. By doing so, we created an important network of companies willing to expend worldwide.

Our Job Application service is a simple way to give the opportunity to an individual seeking for a new position to connect with those companies.

What is our service:

We will send your application and contact information to +200 preselected Aerospace & Defense companies from our network. The selection would be based on various criteria analyzed from your application and from our worldwide Aerospace & Defense company mapping. 

What type of Jobs

Our service is covering all type of jobs in the Aerospace & Defense industry such as technician, electrician, CNC machinist, CAD engineer, project manager, sales engineer, quality engineer, software engineer, director positions and other executive positions. 

What type of Aerospace & Defense Companies?

We cover all type of businesses from small Pap & Mom shop to large corporation. Our strengths is to connect you with businesses that you originally didn’t think of and that could be your next professional move. Some of those companies are listed in our Worldwide Aerospace companies mapping.

Jobs location

We are able to cover all type of locations worldwide meaning that you can request a specific location such as a city. In the event where the location requested is partially covered, we will have our team to search for new companies or to slightly extend the area of the search in order to comply with our engagements.

How does it work

1- Pay our service Fee

Pay our service fee (19.99$) by clicking on the button bellow and following the different steps from our partner website (PayPal). This service fee will be automatically renewed 30 days after your application in order to send a follow up email and maximizing your response rate. You can unsubscribe directly from PayPal within the 30 first days if you don’t wish us to provide this optional service.

19.99$

2- Fill our online application form

Once the payement process done, you will be redirected to our online dedicated application form. You will be able to answer important question regarding your application (the type of position that you are looking for, qualifications, experience,…). 

3- Send your application

Our team will then receive your application and we will send it to hundreds companies from our database. We are selecting the companies that will receive your application by analyzing several key criteria. We guarantee you that we will send your application to more than 200 carefully selected companies from our network.

4- Wait for a job interview

Companies interested by your application will contact you directly to proceed to the next step of the hiring process.

Disclaimer:

AerospaceExport is not guaranteeing a positive result to our customers when buying the Job Application Service and can’t be liable for that. This result depends on external factors out of our control such as the characteristic of the application, the hiring need of the company,… We are doing our best to maximize this response rate by carefully analyzing and selected the member of our network that we connect the applicant with.

Aerospace Export’s Memberships

AerospaceExport’s main objective is to assist worldwide companies to develop their activities in the Aerospace & Defense market. To do so, the first part of our activity is to gather technical, business and financial information that we provide to our community. The second part of our activity is to connect those actors of our community together. To establish matching connection between solution providers end businesses that need assistance.

Memberships

Sales Rep

Our “Sales Rep” membership fits perfectly with individual willing to start or to grow their activity in the Aerospace & Defense market. We are looking at consultant that have proven track records in Business Development/ Sales and expertise/ connection in specific area. Let us help you connecting you with companies willing to develop their activity in the Aerospace & Defense Industry.

Type of leads:

We are a mechanical cable and actuator company that has a primary focus on seating in the automotive industry. We are looking to be more diversified and have our products in cabin seats throughout the aerospace industry. We currently have a few clients in this sector; but, we are looking for help with forecasting, business development, etc.
John
Sales Director

MRO Distributor Vendor

Our “MRO Distributor/ Vendor” membership is tailored for businesses that are looking to quickly increase the number of opportunities that they receive. With billions references on our parts listing, we receive significant number of request for quotation. Our engagement is to provide our requestors with 3 to 5 quotations from pre-selected MRO members.

Type of request:

"I work for Eaton Aerospace Division and I am trying to find right person for quote on parts that we used to buy directly from an other vendor. Last time we obtained these parts/cable assemblies was in 2016. Can anyone point me into right direction who to turn to for these parts. "
Marc
Material Support Engineer

Software solution provider

Our “Software Solution Provider” memberships is best for businesses that wish to promote their tool to Aerospace & Defense companies. Our Free membership allows you to have your tool reviewed and listed in our listicle. Our team will review our gold members softwares and we will publish a full tool review in our home page.

Silver Membership
Gold Membership

BEST PROJECT MANAGEMENT SOFTWARE FOR AEROSPACE AND DEFENSE

The cost of aerospace and defense projects going wrong can be astronomical, which is why companies in the aerospace and defense sector must closely track all project components and promote collaboration and communication between project stakeholders using project management software. 

What Is Project Management Software?

Project management software offers a broad range of features to help project managers and teams achieve their objectives and complete projects on time and within budget. Today, there are many different project management software tools from which companies large and small can choose, and they all accomplish several primary functions: 

  • Scheduling and project planning: Arguably the main function of project management software is to define a project schedule and map project tasks to make it absolutely clear what should be accomplished by who and when.  
  • Collaboration: From document sharing to instant messaging, project management software promotes collaboration in many different ways, ensuring everyone is on the same page and knows what needs to be done next. 
  • Resource management: Material costs in the aerospace and defense industry tend to be very high, so it’s paramount to ensure their efficient utilization. 
  • Documentation: Project management software guarantees accurate data-based documentation and provides an audit trail for compliance purposes. Comprehensive documentation makes it possible to identify any problems and find solutions before they become too serious. 

Main Features of Project Management Software            

Modern project management software applications have many features, including: 

  • Instant file-sharing
  • Interactive dashboards 
  • Customizable reports 
  • Automatic invoicing 
  • Time-tracking
  • Central data storage 
  • Billing & quotes
  • Project budgeting 
  • Third-party integrations
  • Native mobile applications 
  • Gantt Charts

Some project management software tools even provide open APIs, allowing users to adjust components to suit your specific business needs and integrate other business software applications. 

Project Management Software and the Aerospace & Defense Industry 

Facing many difficult challenges, such as globalization and budget cuts, the aerospace and defense industry cannot afford to undertake complex projects without a capable project management software solution. 

In order to compete globally and achieve better performance, aerospace and defense companies must select a project management software tool that can meet their unique needs and support the long-term and large-scale projects typical of the industry. 

To be suitable for the aerospace and defense industry, project management software must also be developed with security and compliance in mind because aerospace and defense companies face some of the most complex compliance requirements in an environment where a single mistake could have fatal consequences. 

How to Select Project Management Software     

When selecting project management software, the first step is to outline your needs and make a list of all features your team needs, ranking them according to their importance. Don’t forget to decide what project management methodology the project management software should be compatible with.

Next, research the available project management software and compare how they meet your needs. Pay attention to the features they offer, their ease of use, security, customizability, integrations, cost, and support. It’s always a good idea to ask your fellow project managers for recommendations, and there’s plenty of useful information that can be found online. 

With a couple of candidates selected, it’s time to try them to see how well they work in practice. Most vendors offer demo versions or free trials of their products, allowing you to see for yourself if it really delivers on its promises.

Finally, carefully evaluate how much it would cost to implement and use the tool and decide if it’s worth it. 

Getting assistance from Industry experts:

Connecting with Aerospace & Defense industry experts is one of the alternative solution in order to ask the different question that you have and to seek the advices that you need. Feel free to have a look at the services providers that we listed for you in the following categories:

Top 20 Project Management Software for Aerospace and Defense     

Listed below are the top 20 best project management software tools that meet the complex requirements of the aerospace and defense industry. The list is by no means exhaustive, but it covers the most important project management software tools currently available, providing a comprehensive overview of the available options. 

1. Primavera

Oracle’s Primavera is a robust cloud-based project management software tool backed by one of the biggest software vendors in the aerospace and defense industry. Primavera helps companies plan, schedule, and control both large-scale programs and individual projects. It fosters team collaboration and improves communication between team members and project managers by making information sharing simpler, faster, and more secure. Primavera’s mobile interface provides a convenient way how to check project status and identify problems on the go, which is just one of many reasons why users enjoy this project management software tool. 

2. Workzone

Workzone positions itself right between entry-level project management tools like Basecamp and enterprise-grade solutions like Microsoft Project by combining a clean, intuitive user interface with advanced features that help companies know where every project stands without forcing a particular project management methodology upon them. With Workzone, it’s easy to create custom templates to standardize processes and save valuable hours, visualize projects from start to finish using auto-generated, editable Gantt charts, or automatically create and email personalized to-do lists to each user. 

3. Microsoft Project

First released in 1984, Microsoft Project is a grandfather of project management software applications. Despite its old age, the product is still as relevant today as it was in the 1980s because Microsoft has never stopped improving it. The latest version of Microsoft Project has everything companies could ask for to keep track of projects, gain insight into how resources are used, and prioritize initiatives with business objectives, among other things. Despite being part of the Office family, Microsoft Project isn’t included in any of the Office suites, but that doesn’t change anything about the fact that it’s an easy choice for all companies that use Office 365. 

4. Workfront

To complete projects on time and meet all goals, it’s important to maximize the output from each team member. Workfront helps boost team productivity by providing a single work platform that increases transparency and encourages collaboration. It enables collaboration in real-time, from anywhere while maintaining brand and industry standards. This project management software tool is used by over 3,000 companies worldwide, including large players in the aerospace and defense industry. 

5. Wrike

Wrike stands out with its ability to scale from small teams to large enterprises, helping them increase productivity, enhance team collaboration, and do transformational work. Its interactive Gantt Chart gives full project scope, while advanced Reporting and Workload simplifies the monitoring of project progress and resource utilization. Wrike helps project managers tackle even the most complex projects with its drag-and-drop interface, making it very simple to reprioritize tasks and create templates to standardize project processes, among other things. 

6. JIRA

While targeted primarily toward agile software development, JIRA is so customizable and there are so many add-ons available that it can easily meet the needs of virtually all companies. Being a proper enterprise-grade solution, JIRA is designed for security and scale, featuring SAML SSO, enforced 2-step verification, automated user provisioning, and more. Enterprises can expect 99.9% uptime SLAs, compliance with SOC2, SOC3, ISO 27001, ISO 27018, PCI DSS, and EU’s GDPR. 

7. Sciforma

Aimed primarily at companies that have reached the enterprise level, Sciforma is a project and portfolio management software with enough flexibility to integrate all processes and methodologies, such as Agile, Waterfall, Critical Chain, and Prince2, and automate project and portfolio management. It can be deployed either in the cloud or on-site, and its redesigned user interface follows the latest user experience guidelines to remove friction and increase team productivity. The latest version of Sciforma can be configured in a matter of days, including in-depth tailoring of functionality and methodologies. 

8. Clarizen

Packed with powerful features, Clarizen is a complete project management solution that helps drive focus, increase effectiveness, and promote purposeful collaboration and real-time information sharing. From strategy to planning to execution, it empowers project teams to move faster with better data, achieve results with automated workflows, and eliminate chaos and inefficiency. Its polished design makes complex simple and tedious effortless. 

9. Monday.com

This project management software tool started as an internal tool in Israeli company Wix.com, but it now serves 80,000 organizations from around 200 vertical markets, including aerospace and defense. Project management with Monday.com starts with customizable templates that address different workflows. From there, teams can capture and visualize all the info you need, track time to see who’s in charge of what, assign tasks, and seamlessly collaborate and share files, briefs, checklists, and sheets in one place.  

10. Liquid Planner

Liquid Planner is a smart project management software that helps companies respond to change with its smart scheduling functionality, which constantly updates projects to help teams do their best work and achieve their goals with confidence. Liquid Planner accurately shows how much work individual team members have left, and its customizable dashboards and card views ensure real-time visibility into project schedules, financials, and trends.

11. InMotionNow

12. ReQtest

13. Planview PPM Pro

14. Twproject

15. Hive

16. VersionOne

17. Asana

18. Smartsheet

19. Celoxis

20. Zoho Projects

Read our other software reviews

One of Aerospace Export’s main guideline is to promote innovative content targeting the Aerospace and Defense industry. Following this guideline, we have been working on few other software reviews that you could directly access here:

Best Project management software for A&D
Best Manufacturing Execution System (MES) softwares for Aerospace
Best ERP for Aerospace & defense
Best CRM for Aerospace & defense
Best Supply chain management (SCM) for aerospace
Best PLM tool for aerospace & defense
Best Manufacturing Operation Management (MOM) tool for Aerospace
Best CAD software for Aerospace & Defense
Best Requirement Management (RM) tool for Aerospace & Defense

Get more information on how we review the different tools

CONTACT US TO REVIEW YOUR TOOL

If you are a tool editor and believe that your tool should be mentioned in our review, please send us a message below and we will get in touch with you. We are constantly updating our ranking with the tools that we believe to be the more relevant for the Aerospace & Defense market.

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BEST Application Lifecycle Management (ALM) SOFTWARE FOR AEROSPACE

The software needs of the aerospace and defense industry are constantly growing in complexity, which requires aerospace and defense companies to implement effective solutions that make it possible for everyone involved in developing, testing, and deploying software applications to stay on top of the various processes. 

Application Lifecycle Management (ALM) tool suits occupy a special place among the available solutions because they define how a software application is managed from conception, through its creation and deployment, to its eventual retirement.

What Is ALM Software?

The purpose of ALM software is to create a collaborative environment in which software applications can be efficiently developed. ALM software encompasses requirements management, computer programming, testing, change management, continuous integration, and release management, among other things. 

It reflects the fact that application lifecycle is becoming faster and more complex with the advent of agile development methodologies. Teams now need tools to help them quickly and smoothly transform ideas into finished products and maintain traceability, visibility, and stability even beyond deployment. 

As such, it can be said that ALM software assumes a broader perspective than the Software Development Life Cycle (SDLC), which involves several distinct stages and ends with deployment. According to David Chappell, the Principal of Chappell & Associates, “Like a human life, an application’s lifecycle is demarcated by significant events,” and deployment is certainly not the last of them.

Main Features of ALM Software

Because the term ALM is broad and encompasses many disciplines, various ALM software solutions can provide very different functionality. However, all ALM software solutions possess tools for requirements management, software development, and testing, provide team collaboration and release management features, and handle governance and maintenance.

Thanks to these and other features, ALM software solutions streamline the development process, help improve software quality and lower costs, reduce time to market, bring clarity into complex processes, and enhance compliance audits, which is especially important in safety-critical industries such as aerospace and defense. 

How to Select ALM Software the Aerospace and Defense Industry 

From new advances in propulsion to human machine interfaces to artificial intelligence, aerospace and defense products are becoming more complex. Aerospace and defense companies need sophisticated solutions to help them manage this changing landscape and deliver reliable and well-thought-out software products while remaining profitable. 

With the right ALM solution, it becomes much easier to overcome the numerous unique challenges of the aerospace and defense industry, which stem largely from rigorous safety standards mandatory for all software in airborne systems, stringent delivery deadlines, and high cost of inefficient requirement management and project cancellation. Not all ALM solutions can meet the requirements of the aerospace and defense industry, so it’s important to focus on those that are developed with the needs of aerospace and defense companies in mind. 

Getting assistance from Industry experts:

Connecting with Aerospace & Defense industry experts is one of the alternative solution in order to ask the different question that you have and to seek the advices that you need. Feel free to have a look at the services providers that we listed for you in the following categories:

Top 20 Best ALM Software for Aerospace & Defense

The best ALM software currently available provides greater overall visibility to improve project management and ensure successful project completion. Many excellent options are currently available, each offering a different assortment of features and capabilities at a specific price-point. 

1. Visure

Thanks to its support for various international standards, such as DO178/C (Software Considerations in Airborne Systems and Equipment Certification), and the unique ability to accommodate different teams, cultures, and existing ALM environments, Visure is one of the most desired ALM software solutions for companies in the aerospace and defense industry. Visure excels at requirements management, making it easy to manage all requirement-related information, their relationships and their interactions with the users. From requirements capture to their analysis, specification, validation, verification, traceability, management, and reuse, Visure provides integral support to the complete requirement process. Visure is customizable and collaborative, designed to help users focus on what they should be doing while providing them with all the information and support they need to get the job done. 

2. JIRA

JIRA is one of the most popular ALM software solutions used by agile teams, helping users create stories, track issues, plan sprints, distribute tasks, prioritize work, ship with confidence, and improve team performance based on real-time, visual data. JIRA respects the fact that each and every team has a unique process by equipping teams with the tools they need to create customized workflows that match their needs and preferences. Being a mature ALM software solution, JIRA integrates with a whole host of developer tools, making it possible to, for example, transform product requirements in Confluence into a Jira backlog or automatically update issues and transitions work when code is committed in Bitbucket.  

3. Kovair ALM Studio

Kovair ALM Studio is an integrated ALM software solution that offers holistic capabilities to all phases of ALM, including project management, requirements management, development, and testing & quality assurance. Kovair ALM Studio integrates with more than 90 tools from different vendors, provides real-time reports and dashboards for easy view of metrics across all application lifecycle phases and tools, and features a centralized web-based interface for all ALM phases. These and other capabilities provide a broad range of immediate business benefits, ranging from increased productivity to improved quality to regulatory compliance. A live product demo with the assistance of Kovair ALM Studio product engineers is available upon request. 

4. Tuleap

Tuleap describes itself as an industry-proof open-source ALM software solution that blends agile management and DevOps in one integrated tool to accelerate the delivery of quality, customer-focused software solutions. Used by Airbus and Sodern, a subsidiary of a European leader in access to space called ArianeGroup, and many other organizations of all sizes, from various industries, Tuleap provides end-to-end traceability ranging from the initial idea to the final delivery with its broad range of highly-customizable tools that enable achieve industry compliance when planning, tracking, coding, and collaborating on complex software projects.

5. Microsoft Azure DevOps Server

Microsoft Azure DevOps Server is a set of collaborative software development tools, hosted on-premises, that perfectly compliment and integrate with existing ALM environments, enabling your cross-functional team to work effectively on projects of all sizes. The capabilities of Microsoft Azure DevOps Server include version control, reporting, requirements management, project management, automated builds, lab management, testing, and release management, just to name a few. Microsoft Azure DevOps Server is tailored for Microsoft Visual Studio and Eclipse, but it can be used as a back-end to numerous integrated development environments. 

6. Microfocus ALM

Microfocus ALM provides teams with a well-defined structure, helping deliver new applications at the speed of business. With its requirements management features, it’s possible to define, manage, and track requirements through every step of the entire software development lifecycle. Making the right decisions becomes easy with real-time insights into who is working on what, when, where, and why. Cross-project reporting and preconfigured business views provide the big picture as well as the ability to drill down into individual projects and view requirements coverage with views available to be configured on the fly.  

7. Helix ALM

Helix ALM helps development teams ship quality products faster and with less risk with its modules dedicated to requirements management (Helix RM), test case management (Helix TCM), and issue management (Helix IM), delivering unparalleled traceability across industries. The latest version of Helix ALM is able to download matrix, distribution, list, and trend reports to Microsoft Excel, and it comes with an enhanced version of the Helix ALM Web client, which now enables users to capture and attach screenshots directly from Helix ALM when working with an item, just to name one of the many new features that are now available to Helix ALM users. 

8. Target Process

Target Process is a visual ALM software solution that integrates with over 60 applications natively and via the Integration Hub. Examples of native integrations include GitLab, GitHub, Bitbucket, Microsoft Project Server, Jenkins, JIRA, VersionOne, Blueprint, IBM Rational Quality Manager, Ansible, Puppet, or Salt. Target Process is available on Android and iOS devices, allowing users to handle work on the go and track progress, memorize ideas, and resolve incoming queries right from their mobile devices. This ALM software solution was recognized in Gartner’s Magic Quadrant for Enterprise Agile Planning Tools and included in Critical Capabilities for Enterprise Agile Planning Tools. 

9. Silkroad

Named after the historical network of interlinking trade routes across the Asia and European world and intended for high-reliability software, Silkroad provides interlinking routes for various legacy management systems such as requirement tools, design tools, configuration management tools, and test tools to help developers with developing highly reliable software. As such, it solves the four issues common to most development organizations today, which are the lack of visibility into project status, ineffective team communication, balancing business demands with project risks, and unpredictable delivery times and quality.

10. SwiftALM

SwiftALM is a highly innovative ALM software solution that uses artificial intelligence to drive enterprise agility and fuel digital transformation. It comes with a unique combination of features to manage and deliver a wide range of traditional and agile projects across industries, such as Planning and Execution Boards, among other features. Despite utilizing cutting-edge technology, SwiftALM is among the most intuitive and accessible ALM software solutions on the market, and customers who have implemented it have seen significant ROI in terms of employee productivity and efficiency, organizational learning, and reduced time to market.

11. CodeBeamer ALM

CodeBeamer ALM is A great development platform for safety-critical product innovators. Companies operating in the Aerospace & Defense but also automotive, medical technology, and pharmaceutical industries use this solution to accelerate and simplify the delivery of regulated products. CodeBeamer ALM supports multiple development environments such as (Waterfall, Agile, Hybrid, or scaled Agile) and provides good collaboration capabilities for organizations of all sizes. A preconfigured template is available for DO-178C and DO-254 compliance.

12. Inflectra SpiraTeam

13. Perforce Helix ALM

14. Collabnet VersionOne

15. Rocket Aldon

16. ALM Complete

17. OneOps

18. Rommana ALM

19. Polarion ALM

20. IBM Rational ALM

Read our other software reviews

One of Aerospace Export’s main guideline is to promote innovative content targeting the Aerospace and Defense industry. Following this guideline, we have been working on few other software reviews that you could directly access here:

Best Project management software for A&D
Best Manufacturing Execution System (MES) softwares for Aerospace
Best ERP for Aerospace & defense
Best CRM for Aerospace & defense
Best Supply chain management (SCM) for aerospace
Best PLM tool for aerospace & defense
Best Manufacturing Operation Management (MOM) tool for Aerospace
Best CAD software for Aerospace & Defense
Best Requirement Management (RM) tool for Aerospace & Defense

Get more information on how we review the different tools

CONTACT US TO REVIEW YOUR TOOL

If you are a tool editor and believe that your tool should be mentioned in our review, please send us a message below and we will get in touch with you. We are constantly updating our ranking with the tools that we believe to be the more relevant for the Aerospace & Defense market.

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BEST MANUFACTURING EXECUTION SYSTEM (MES) SOFTWARE FOR AEROSPACE

Today’s competitive global marketplace requires manufacturers to constantly boost their efficiency by tracking production in real-time and analyzing the gathered data to optimize its output. In the aerospace industry, companies must adapt to new technologies and keep up to speed on the latest equipment, processes, and regulations. In other words, they must operate at peak performance, and a manufacturing execution system (MES) can help with that. 

What Is MES Software?

Manufacturing execution systems are software solutions used by manufacturers across all industries to monitor the production process and systematically and proactively improve its quality and efficiency, connecting real-time information from multiple plants, sites, and vendors and ensuring complete visibility and control across the enterprise. 

Managers use MES software to monitor efficiency and implement production plans, shop floor employees use MES to follow their work schedules, and IT employees use MES to support the overall IT strategy and seamlessly connect plant equipment to plant operations. 

Main Features of MES Software

Modern MES software solutions boast many useful features spanning the entire product life cycle:

  • Data collection: The chief responsibility of MES software is to collect data from multiple sources to provide real-time visibility into equipment and processes across the entire plant. 
  • Production planning: With real-time inventory updates and raw material tracking, MES software helps reallocate materials to ensure smooth production even during high demand periods. 
  • Performance analysis: MES software can analyze key performance indicators to help maintain satisfactory performance levels and reveal how they could be improved. 
  • Maintenance management: Aerospace manufacturers that want to compete on the global stage can’t afford to wait for equipment to malfunction. MES software helps accurately plan preventative machine maintenance, reducing downtime, and minimizing production interruptions. 
  • Change management: Change is unavoidable, and something all manufacturers have to deal with. MES software delivers the flexibility to model, change, and enforce complex processes in a timely manner.

Aerospace Specific Needs

Manufacturers in the aerospace industry have their specific needs that stem from the unique nature of their industry. 

Because aerospace manufacturers work with high-value materials, they have a need to achieve high first-time pass rates and minimize waste. MES software can reveal which processes are the most inefficient and support their improvement. 

The complex nature of aerospace supply chains requires aerospace manufacturers to work collaboratively in order to meet their strategic and financial goals when building next-generation aircraft. MES software supports collaboration by gathering information from multiple plants, sites, and vendors and making it available for strategic planning and swift decision making. 

Last but not least, the aerospace industry has an obligation to conform to precise specifications and comply with stringent regulations, which is possible only with an MES software solution capable of providing complete visibility across the entire plant and product life cycle. 

Boeing’s Final Assembly line

How to Select MES Software?

Now that we’ve described some of the main features of MES software and the specific needs of aerospace manufacturers, it’s time to talk about what should be considered when selecting MES software. 

To start with, not every manufacturer needs MES software because many smaller manufacturers don’t have production operations that are large enough to justify implementing MES software. Such manufacturers are better off relying on their existing software until their profit margins allow for this type of investment.

Manufacturers that are ready to implement MES software should select such a solution that can prepare their factory for the future and the inevitable arrival of Industry 4.0 and technologies such as the Internet of Things (IoT), augmented reality (AR), and artificial intelligence (AI). 

Getting assistance from Industry experts:

Connecting with Aerospace & Defense industry experts is one of the alternative solution in order to ask the different question that you have and to seek the advices that you need. Feel free to have a look at the services providers that we listed for you in the following categories:

Top 20 Best MES Software for Aerospace

It may almost seem that the number of MES software solutions aerospace manufacturers can choose from is endless. While having many options available is generally a good thing, it can also make selecting the right one a real challenge, which is why we analyzed the market and created this list of the top 20 best MES software for aerospace. 

1. Fishbowl Manufacturing

Offering advanced work orders, manufacture orders, bills of materials, and other tools, Fishbowl Manufacturing (FBM) helps manufacturers maximize efficiency in their production process regardless of how complex their manufacturing needs are. Its features include automated custom, batch, and repair work orders, lot tracking and serial number tracking in work orders, QuickBooks and Xero integration, inventory management, order management, reporting, and much more. The already-impressive feature set of Fishbowl Manufacturing can be further augmented with various plugin products, including Fishbowl Anywhere, Fishbowl Go, Fishbowl SalesPoint, and Fishbowl Commerce. 

2. NetSuite

Founded in 1998 with headquarters in Redwood Shores, California, NetSuite is a comprehensive cloud business software suite with extensive MES capabilities, such as integrated inventory, warehouse management, accounting and financial management, and order management, just to name a few. Used by thousands of manufacturers around the world, NetSuite is designed to support rapid growth and mature enough to satisfy the complex needs of aerospace manufacturers. 

3. E2 Shop System

Ideal for make-to-order manufacturers, job-based and mixed-mode manufacturers, E2 Shop System gives manufacturers the power and flexibility to access all the information they need to have in order to seamlessly turn quotes into orders while eliminating bottlenecks, improving business performance, and delivering jobs on time. From scheduling to purchasing to shipping, E2 Shop System comes with all the essential MES features without being overly complex and difficult to use. It offers over 200 built-in reports for comprehensive analysis and has many other capabilities that make it stand out.  

4. Hydra MES

Hydra is a modular MES by MPDV. It fully covers the requirements of the VDI guideline 5600, which serves as guidance for decision-makers, process owners and users, persons involved in the selection and implementation process, as well as suppliers of software, hardware, and integration systems. Its features include machine data collection, shop floor scheduling, tool and resource management, and quality management. Hydra MES was designed for easy integration into existing production environments, and it has proven to be very effective in helping manufacturers secure their competitiveness with regard to Industry 4.0.

5. FactoryTalk ProductionCentre MES

FactoryTalk ProductionCentre MES helps manufacturers resolve production issues in the shortest time possible by combining an execution system for the plant floor with the rich functionality of application software. Delivering comprehensive production management functionality plus highly developed decision support tools that address the most demanding manufacturing environments, FactoryTalk ProductionCentre MES improves control over quality, speed, and waste, creates a flexible real-time production environment, automates records management, and reduces human error. 

6. IQMS MES

IQMS MES software increases visibility and transparency into every aspect of manufacturing operation. Customers who use this leading MES software experience reduced production errors, decreased part lead time, increased company-wide productivity, improved quality compliance, reduce quality losses, and increased production throughput. The company behind IQMS MES has been a market leader since 1993, delivering software solutions capable of solving all production challenges and helping manufacturers proactively make informed decisions. 

7. Bluestreak

With its focus on additive manufacturing production, the process of building a three-dimensional object from a computer-aided design model by successively adding material layer by layer, Bluestreak is a suite of production control and quality management tools that revolve around providing real-time processing visibility, production control of each operating step, and integrated quality management. It’s a particularly good fit for manufacturers that are not ready to invest in a full-blown ERP system but would still like to enjoy its benefits.  

8. Epicor Advanced MES (Mattec)

Epicor Advanced MES (Mattec) is a real-time production and process monitoring solution for manufacturers that would like to eliminate inefficiencies and make better decisions with accurate, easy-to-read, real-time information. Epicor Advanced MES (Mattec) helps implement continuous improvement initiatives to drive business growth and transform the shop floor into a center of excellence with its advanced capabilities, which include production monitoring, process monitoring, quality management, alerts and notifications, production scheduling, advanced analytics, maintenance management, and energy monitoring.  

9. Sepasoft MES

Providing control, traceability, and documentation of the transformation of raw materials into finished goods in real-time, Sepasoft MES includes support for detailed resource scheduling and statuses, dispatching production tasks and sequencing, traceability and genealogy, work-in-progress and inventory details, ensuring quality work instructions and other document control, and performance analyses. This MES software is scalable from a single machine to enterprise deployments, and it can be flexibly tied with an existing ERP system. 

10. SAP ME

SAP Manufacturing Execution is a manufacturing execution system software designed to digitize manufacturing processes and integrate business systems using a cost-effective, high-quality, and resource-efficient methodology based on Industry 4.0 technology. Developed by one of the largest enterprise software companies in the world, it comes with first-class customer support and digital advisory services that help manufacturers get more value from their SAP investments.

11. Smart Factory

Smart Factory is an all-in-one MES to production processes monitoring. The solution provides machine data collection and paperless production execution. Production progress feedback can be generated in real-time with digital step by step instructions and documentation in order to guide operators through the manufacturing process. The solution enables changeovers reporting, defect handling, traceability, quality inspections, OEE & KPIs calculation with analysis dashboards and bi-directional ERP integration.

12. Prodsmart

13. Katana

14. Plex Manufacturing Cloud

15. TrakSYS

16. PAS-X

17. Edinn M2

18. Apriso Production

19. FactoryFour

20. WorkClout

21. Global Shop Solutions

Read our other software reviews

One of Aerospace Export’s main guideline is to promote innovative content targeting the Aerospace and Defense industry. Following this guideline, we have been working on few other software reviews that you could directly access here:

Best Project management software for A&D
Best Manufacturing Execution System (MES) softwares for Aerospace
Best ERP for Aerospace & defense
Best CRM for Aerospace & defense
Best Supply chain management (SCM) for aerospace
Best PLM tool for aerospace & defense
Best Manufacturing Operation Management (MOM) tool for Aerospace
Best CAD software for Aerospace & Defense
Best Requirement Management (RM) tool for Aerospace & Defense

Get more information on how we review the different tools

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If you are a tool editor and believe that your tool should be mentioned in our review, please send us a message below and we will get in touch with you. We are constantly updating our ranking with the tools that we believe to be the more relevant for the Aerospace & Defense market.

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AEROSPACE AND DEFENSE SOFTWARE REVIEWS

Our team reviewed a large number of Software focusing mainly on requirements dictated by the Aerospace & Defense industry. We are constantly updating our rankings in the different category and we look forward to review new tools.

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The aerospace and defense industry keeps changing, evolving, and facing difficult challenges as the global economy undergoes ups and downs and countries rethink their defense priorities. From compliance originating in politics, law, regulation, or corporate governance to operational, strategic, and financial threats, the aerospace and defense industry must overcome many obstacles to achieve sustained growth.

Whether it comes to managing costs, streamlining organizational practices, or improving business processes, aerospace and defense companies can choose from a wide range of software solutions to reap the numerous benefits of digitalization. The only problem is knowing which software solutions are worth the investment, and which don’t deliver on their promises, which is where software reviews come in.

Content of the article

 

The Importance of Software Reviews        

Software reviews provide value to both end-users and vendors. End-users read software reviews because they want to learn objective information about the software products they’re interested in, such as their advantages and disadvantages, ease of use, stability, performance, and price. 

Even though many software vendors offer free trials and demo versions of their software products, there’s still a lot that can be learned only after weeks or months of use, and only professional software reviews have the time and dedication to test software products for such a long time.  

Software vendors benefit from software reviews in several ways. First, software reviews provide vendors valuable feedback, telling them what’s good and what’s not so good about their software products. In addition to feedback, software reviews also help vendors promote their products without spending anything on marketing, which is just one of many ways how excellent products can become self-promoting. 

Positive reviews have been shown to increase buyer confidence and the likelihood of a prospective buyer making a purchase. One study even suggested that most consumers trust online reviews as much as personal recommendations. 

Understanding the Software Review Process       

The chief goal of the software review process is to provide objective information based on real experience with the reviewed software product as well as the experience of other users to help aerospace and defense companies choose the right software for their needs.

We take all reviews seriously and understand that they not only help buyers make better informed decisions but also provide vendors with important feedback and valuable insights about their software products. 

All of our reviews are guided by a set of review criteria, which specify what the reviews must include. The authors then follow these review criteria and thoroughly test each reviewed software product to learn as much information about its strengths and weaknesses as possible. 

Some software products give us the opportunity to test all of their functionality without any restrictions, while others provide only a glimpse of what they have to offer. To cover even locked features and traits that are hard to measure, such as customer service quality, we gather user feedback through various channels and incorporate it into our reviews. 

Finally, finished reviews are published online for aerospace and defense decision-makers to read and benefit from. 

Specific Needs of the Aerospace & Defense Market       

Confronted with mounting global competition, companies in the aerospace and defense market have to keep reinventing themselves in order to meet their goals and remain competitive as they face volatility in the geopolitical and economic environment, increased exposure to cybersecurity events, and foreign currency and commodity price fluctuations. 

Whereas companies in many other sectors can afford to deploy just about any software solution and instantly benefit from it, aerospace and defense companies must first take into account a multitude of selection criteria that reflect their complex, highly regulated nature. 

Ideal software for the aerospace and defense market is agile and reactive enough to enable organizations to cope with change caused by outside influences, but it’s also able to face numerous compliance requirements (DO-178, DO254,..).

Why Aerospace & Defense Companies Need Software Reviews?         

Aerospace and defense companies are tasked with developing cutting-edge platforms and systems that must meet exceptionally high performance goals and comply with a plethora of different regulations. 

Modern software solutions can help them achieve this difficult goal, but selecting the right one can be a challenge when there are so many options to choose from. Software reviews make this daunting task easier by providing objective information that aerospace and defense decision-makers can use to evaluate which aerospace and defense solutions can best meet their individual needs and unique requiremetns. 

For example, aerospace and defense companies require highly detailed and comprehensive audit trail records of compliance standards for design, production, sourcing, and delivery stages, making secure record-keeping capable of pulling data from disparate systems and dealing with complex supply chains a top priority. 

As prime cybersecurity targets, aerospace and defense companies can’t afford to select a software solution from a vendor that’s not as thrustworthy as they are and isn’t able to meet their strict cybersecurity requirements. 

Finally, aerospace and defense companies are under growing pressure to accelerate innovation while also breaking the cost curve. This is possible only by selecting software solutions that drive collaboration across generations and promote automation in manufacturing. 

Best Software for Aerospace & Defense

Our team has been working on reviewing few different type of softwares for the Aerospace and Defense industry. Here is the link to our reviews:

Best Requirements Management Software

Requirements Management software tools help teams with capturing, prioritizing, and tracking of requirements, making it easier for them to execute their requirements management plans. Requirements Management software tools have become essential for aerospace and defense comapneis as they help avoid serious mistakes and potentially fatal missed requirements. 

To read more about Requirements Management Software and the available options, Check Our Review


Best CAD Software for Aerospace & Defense

Computer-Aided Design software helps aerospace and defense engineers create extremely complex parts and large assemblies that meet strict safety standards and satisfy customer requirements without missing important deadlines or going overbudget. Aerospace and defense companies have their specific needs when it comes to CAD software because of the extremely small tolerances they work with, and our review lists multiple suitable options. 

To read more about Computer-Aided Design software and the available options.


Best PLM Software for Aerospace & Defense

Product lifecycle management (PLM) software helps with the management of complex product information by connecting people, processes, and data across the entire product lifecycle to a central repository of information. Aerospace and defense companies use it to better engage with their extended supply chain and improve both production quality and performance. 

To read more about Product Lifecycle Management software and the available options.


Best CRM Software for Aerospace & Defense

Customer relationship management software manages a company’s interactions and relationships with both current and potential customers, assisting in customer retention and sales growth. It helps aerospace and defense companies operate at their full potential by becoming customer-driven. 

To read more about Customer Relationship Management software and the available options.


Best Enterprise Resourse Planning (ERP) for Aerospace & Defense

Enterprise resource planning provides integrated management and continuously updated view of main business processes to help aerospace and defense companies manage complex projects while dealing with global supply chains, regulatory compliance, and aggressive delivery cycles. Equipped with a capable ERP software solutions, aerospace and defense companies can better compete on the global market and meet all their performance targest. 

To read more about Enterprise Resourse Planning software and the available options.


Best Manufacturing Operation Managment (MOM) Tool for Aerospace & Defnese

Manufacturing operation management a collection of systems for managing end-to-end manufacturing processes that aims to promote compliance with standards and specifications for operational processes and procedures, something all aerospace and defense comapneis struggle with on a regular basis. 

To read more about Manufacturing Operation Managment software and the available options.


Best Supply Chain Management (SCM) for Aerospace

Supply chain management software are used for managing supplier relationships and controlling associated business processes. They can lower down the current overhead expenses, improve communication, collaboration, and coordination with vendors, transportation, and shipping companies, and lower time delays in critical processes. Supply chain management helps aerospace and defense companies stay on top of their increasingly compelx supply chains. 

To read more about Supply Chain Management software and the available options.


Best Project Management Software for A&D

Project management software helps project managers and teams collaborate and complete client requirements on time while managing a multitude of resources and keeping costs under control. Aerospace and defense companies use project mangemetn software to tackle fulti-faceted projects that push the boundaries of their engineering capabilities. 

To read more about Project Management software and the available options, check Our Review


Best Manufacturing Execution System (MES) Software for Aerospace

Used to track and document the transformation of raw materials to finished goods., manufacturing execution systems are computerized systems that connect, monitor, and control complex manufacturing systems and data flows. They help aerospace and defense companies adhere to key design, quality, traceability, security, and compliance requirements.

To read more about Manufacturing Execution System software and the available options, check Our Review


Best Application Lifecycle Management (ALM) Software for Aerospace & Defense

Application lifecycle management software helps deliver complex software applications at the speed of business. Modern ALM solutions can track requirements through every step of the entire software development lifecycle, ensuring that aersoapce and defense companies produce the right software in the right manner. 

To read more about Application Lifecycle Management software and the available options, check Our Review


CONTACT US TO REVIEW YOUR TOOL

If you are a tool editor and believe that your tool should be mentioned in our review, please send us a message below and we will get in touch with you. We are constantly updating our ranking with the tools that we believe to be the more relevant for the Aerospace & Defense market.

Get your tool review today

Information on the parent company, software creation, industries targeted, main features,...
What do you believe to be the competitive advantages of this tool over its competitors.

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Top Aerospace Companies- Free worldwide company mapping

How we can help?

Reference a company location:

Our team is currently working hard to provide you with an Aerospace and Defense companies mapping. We are listing all the worldwide locations of over 100 of the most important companies. Here is the mapping that we are currently working on but if you wish to reference your/ a company, please click on the link below.

What is an Aerospace company?

An Aerospace company is a company who is directly doing business in the Aerospace Industry. The Aerospace industry is composed of the Aeronautic and the Space Industry. The Aeronautic industry can be segmented into three main activities which are the Aircraft production, the Aircraft Support and Maintenance (MRO) and the Aircraft Operation (Airlines).

Who are the largest aerospace company in the world?

Top 10 largest Aerospace Company in 2020

  1. Boeing
  2. Airbus
  3. Collins Aerospace
  4. Lockheed Martin
  5. Safran
  6. General Electric
  7. Northrop Grumman
  8. L3 Harris
  9. Rolce royce
  10. Leonardo

Who are the largest airplane manufacturers?

There are several type of Airplane manufacturer in the Aerospace Industry:

  • Commercial Airplane manufacturer
  • Business & Tourism Airplane manufacturer
  • Defense Airplane manufacturer

The Biggest Airplane manufacturer in 2020:

  1. Airbus
  2. Boeing
  3. Bombardier
  4. Dassault Aviation
  5. Embraer
  6. Gulfstream
  7. Textron Aviation
  8. Mitsubishi Aircraft
  9. Pilatus
  10. (Comac)

What is a Tier 1 company?

A Tier 1 Aerospace company is a company that is supplying directly to the Aircraft manufacturer. The Tier 1 company usually source its sub-systems / product from a Tier 2 company.

Top Aerospace Tier 1 companies in 2020:

  1. Collins Aerospace
  2. Safran
  3. General Electric
  4. L3 Harris
  5. Rolce royce

Check our full article here

What is business mapping/ listing

Simply put, business mapping is a way of visualizing a company, often taking the form of flowcharts, diagrams, and lists. Focused on documentation, business mapping helps companies understand and improve processes. Various parts of a business can be mapped depending on a company’s objective, including customers, suppliers, and acquisitions. Regardless of what form it takes and what data is mapped, however, there’s almost always one common goal: to yield higher sales efficiency. 

You may be wondering why business mapping is useful. After all, doesn’t it merely recap things you’re already doing? In reality, business mapping can do much more than this. In actuality, it is particularly useful when looking towards growth and the future of a business. 

By optimizing things like business trips and analyzing techniques like email campaigns and other marketing strategies, a company can find a greater number of potential customers, better suppliers, and more valuable companies to acquire.

How business mapping improves your sales efficiency

Business mapping is often used to help increase sales efficiency, which means generating leads and closing deals in a faster, most cost-effective manner. But how exactly can business mapping do this?

One of the most obvious ways is to better prepare sales teams. By mapping target areas and identifying ideal customers, sales team members can have a clear understanding of who they should focus on contacting to have the best chance at delivering the most optimal results.

Business mapping isn’t just a sales tool, either. It can also be used to help new employees adapt to a business more swiftly, saving time and reducing pain points during onboarding. Its ability to simplify data can make it easier for investors to understand a business as well. 

In addition, business maps double as a natural auditing tool of sorts, allowing for internal operations to identify weak points and make changes if need be. It can be useful for holding team members accountable as well as sharing goals, resulting in all employees being on the same page and being able to work together more cohesively. 

Although at first glance it might not seem like it, all of these facets directly impact sales efficiency, as strengthening these areas decreases a company’s spending and allows for more time to be spent on acquiring and servicing customers.

How business mapping improves your procurement efforts

Another aspect that goes hand-in-hand with sales efficiency is procurement efforts, and business mapping can improve that, too. Not only can business mapping help find customers, but it can also help companies discover a larger number of reliable suppliers. Along with optimizing transportation costs, using a business mapping strategy to take inventory of procurement can drastically reduce costs and help the overall flow of work.

How business mapping helps you when targeting a company to acquire

Much like how business mapping can be useful during procurement efforts, it can also prove effective when targeting a company to acquire. The strategy can help you analyze a player in regards to its specific market in order to weigh the pros and cons of acquisition. It can also help identify various aspects of an acquisition itself to fully understand the effect an acquirement would have on a business as a whole.

business mapping of aerospace & defense companies:

Anyone who has been involved in the aerospace and defense market knows there are unique challenges that come with the industry. Although it is important to thoroughly understand the specific rules and best practices of any field in which you’re working, because aerospace and defense come with higher stakes and stricter regulations, having a comprehensive knowledge isn’t just suggested—it’s imperative.

For one, the market is heavily tied with data security and national security, meaning the consequences of not meeting industry standards could be serious. Compliance threats pose a real risk if companies get lazy or are ill-informed.

Potential customers are well aware of this, which means they expect those with whom they work to showcase a robust knowledge of the market before closing any deals. Having your finger on the pulse of what customers want—including hot-button topics such as fuel emissions—could give you an advantage. Therefore, it’s crucial to intimately know your consumer if you want to succeed in this industry. 

Larger picture issues that could impact the aerospace and defense business include volatile markets and politics, global competition, and the struggle to manage a challenging supply chain. Although some of these factors are, of course, out of a company’s control, effective business mapping can drastically decrease these risks by helping companies prepare to face the obstacles head-on and think of solutions that minimize or circumvent them. 

Top Aerospace and defense companies:

AEROSPACE & DEFENSE COMPANIES IN North America:

North America is the leading continent in this industry, in large part due to the United States. Many experts in the industry primarily attribute the market’s growth to the U.S. In 2015, 2.797 million total jobs were supported by the United States’ aerospace and defense industries, and $786.2 billion were supported by the market. Economic output reached a whopping $929 billion in 2018, and it generated a positive trade balance of nearly $90 million. 

AEROSPACE & DEFENSE COMPANIES IN South America:

Brazil leads South American industry growth. In 2018, U.S. exports of aerospace products to Brazil reached $6.5 billion—an increase of over 14% from 2017. However, smaller players like Costa Rica,.. play an important role as well in the global aerospace supply chain.

AEROSPACE & DEFENSE COMPANIES IN Europe:

Europe is expected to increase its defense budget in the coming years, allocating more funds to military combat jets. Plus, more and more Europeans are opting to travel via private charters and jets, which is also fueling growth. Key players on this continent include the United Kingdom, France, Germany, and Italy.

AEROSPACE & DEFENSE COMPANIES IN Africa:

Though Africa is not yet known for its aerospace and defense industry, new initiatives are likely to change that in the coming years. The Africa Aerospace and Defense Expo attracts over 30,000 people each year and aims to unlock the county’s potential. The 2020 event will be held in Tshwane.

AEROSPACE & DEFENSE COMPANIES IN the Middle East:

Gulf Countries are quickly emerging as leaders in aerospace and defense, spending $130 billion each year. Saudi Arabia is undoubtedly the biggest spender, though the United Arab Emirates is also starting to play a much larger role. 

AEROSPACE & DEFENSE COMPANIES IN Asia:

China unsurprisingly dominates the Asian market. It’s expected to have $1.1 trillion worth of aircraft within the next two decades as well as have the largest aviation sector in terms of passengers in the next five years. China had the second-largest defense budget in the world in 2017, totaling $192.5 billion. India, Japan, South Korea are also notable influences.

Aerospace & defense companies in Oceania:

Oceania is another country that is not particularly well-known for its aerospace and defense, but Australia has committed to changing that. Earlier this year, the Minister of Defense announced that the country is going to start playing a larger part in manufacturing and exporting products, the government pledging to put $200 billion into the industry in the next decade.

 


Finding an Aerospace job at an Aerospace company

No matter if you are looking for an engineering, technician or executive position at an Aerospace or Defense company, we recommend you the following steps:

  1. To search for the preselected Company’s website and to look for any contact information available in order to send an application. Human ressources contact information are best but they are sometime not available online. You should realize this step to a small number of selected companies.
  2. Another good practice would be to use LinkedIn contact search feature in order to find the right contact within the targeted businesses. To do so, preselect the location filter, enter the name of the targeted company and look for any contacts with the same position that you target or from the human ressources department.
  3. To ask for more information/ help to the contacts that you found in the selected companies. It is always easier to get an answer when you ask for some advises. Try to connect with the targeted contact and to potentially organise a quick phone call in order to ask your questions about the work environment, the position,.. before applying. Your new connections would increase your chances of success with your application.
  4. Apply to the available position potentially referring to your new connection and referencing the information learned during your previous conversations.

AerospaceExport Job Application Service

AerospaceExport Job Application Service is an easy way to send your application to hundreds selected companies (including Boeing, Safran, Airbus, GKN, …) in one simple process.


DOING BUSINESS WITH AN AEROSPACE COMPANY?

Willing to do business with an Aerospace company and you don’t know how to start? Looking for a person with extensive knowledge in the Aerospace & Defense market or in a specific company?

Aerospace Export regroups experts from all location with all type of skills (sales rep, M&A consultant, lawyers, government officials,..). We specialized in supporting the organic and external growth of Aerospace & Defense companies. If you feel that we could be helpful in your projects, please don’t hesitate to contact us. We will assist, advise and connect you with our network for FREE.


Trade Shows & Conferences to attend

Trade shows and conferences are the best place to go if you want to grow your business with Aerospace & Defense companies, learn about new technology, find a new job opportunity at,… You have the opportunity to be able to meet with all the industry main actors in one single place.

Feel free to check the listing that we established of the best trade shows & conference to attend in the Aerospace & Defense market.

Learn more

BEST MANUFACTURING OPERATION MANAGEMENT (MOM) softwares FOR AEROSPACE & DEFENSE

The aerospace and defense industry stands at the forefront of the fourth industrial revolution, or Industry 4.0, whose core themes include interconnectivity, automation, machine learning, and real-time data. With these and other technologies, aerospace and defense companies seek to increase efficiency and optimize production. 

But to achieve their goals and meet their targets, they need full visibility into their manufacturing processes, which is where manufacturing operation management (MOM) tools come in. This article explains what MOM tools are and how they help aerospace and defense companies. Finally, it lists the top 20 best MOM tools for aerospace and defense and describes their characteristics. 

What Is Manufacturing Operation Management (MOM)?

Manufacturing operation management (MOM) is the evolution of a manufacturing execution system (MES), an information system that connects, monitors and controls complex manufacturing systems and data flows on the factory floor. MOM extends the ideas behind MES to all factory departments, including manufacturing, quality, warehouse, and maintenance to meet the complex needs of all companies that embrace the Industry 4.0 principles. 

MOM is concerned with the planning, management, and execution of orders, traceability of production lots, connectivity with ERP systems, quality management, and manufacturing intelligence, among other things. There are multiple different types of MOM software, but they all share certain common characteristics and features, such as their ability to provide real-time information, metrics for situational or historical analysis or assist with compliance.

ABB’s vision of a MOM tool

Main Features of Manufacturing Operation Management (MOM) Tools

MOM tools come with a broad range of features and capabilities, such as: 

  • Production monitoring: Helps eliminate manual data collection by capturing data directly from machines. The captured data can then be presented in an easy-to-digest, visual manner.
  • Quality management: With real-time data, MOM tools enable companies to respond to production conditions in a timely manner and drive continuous improvements to eliminate waste, increase uptime, and reduce costs.
  • Alerts and notifications: Faster response and resolution is essential for minimizing downtime. MOM tools can send alerts via text messages, loudspeakers, email, or flashing lights, just to name a few possible options.  
  • Advanced analytics: Manual data analysis is not only time consuming, but it also yields poor results. Advanced analytics have the power to bring data to life and help all stakeholders make better decisions. 
  • Maintenance management: Successful aerospace and defense companies have learned a long time ago that maintenance has to be proactive—not reactive. MOM tools enable preventative maintenance programs that improve equipment reliability and boost longevity. 

Of course, we could also name material genealogy, work order management, product definition management, detailed scheduling, plant floor data collection, and others. 

Manufacturing Operation Management (MOM) in Aerospace & Defense

MOM tools have their place in all complex discrete industries, such as aerospace and defense, medical devices, electronics, and industrial equipment. 

They help reduce scrap and waste, increase uptime, make it easier to get rid of just-in-case inventory, allow companies to react sooner to changing markets and make more informed decisions about production, improve quality, reduce cycle times, and much more. 

Aerospace and defense companies seeking to face the Industry 4.0 digital transformation head-on should look for a MOM tool with Application Programming Interfaces (APIs), Artificial intelligence (AI) and robotic processes, real-time data collection, and the ability to leverage existing systems. 

How to Select a Manufacturing Operation Management (MOM) Tool?

The MOM market is quite mature and there are many excellent MOM tools to choose from, which can, in some ways, make it difficult to narrow down the long list of possible options to just one.

When selecting a MOM tool, it’s always a good idea to start with a list of requirements sorted according to their priority. Always select a MOM tool that can satisfy all top requirements.

Before making the final decision, research what other companies have to say about the vendor. How does the vendor respond to problems? Does the vendor act in the best interest of its customers? Questions like these can help rule out vendors that care only about their bottom line. 

Last but not least, make sure to select a MOM tool that can accommodate your workflows to make its integration as smooth as possible.  

Getting assistance from Industry experts:

Connecting with Aerospace & Defense industry experts is one of the alternative solution in order to ask the different question that you have and to seek the advices that you need. Feel free to have a look at the services providers that we listed for you in the following categories:

Top 20 Best Manufacturing Operation Management (MOM) Tools 

To come up with this list of the top 20 best manufacturing operation management tools, we evaluated countless different solutions from vendors large and small, comparing their strengths and weaknesses. 

1. 42Q

42Q started in 2016, but it has already established itself as a strong player in highly regulated industries thanks to its cloud-based MOM solution that offers advantages in efficiency and cost relative to legacy, on-premise solutions and provides users with global visibility of production, metrics and data analytics for multiple locations. Other advantages of a cloud-based manufacturing solution include faster, lower risk deployments, lower costs, and the ability to dynamically scale on demand without any limitations.  

2. ABB Ability

Initially a merger between Asea and Boveri, AA is a European technology company that offers a modular and modern MOM solution, called ABB Ability, with extended capabilities in areas such as quality and warehouse management. With this solution, ABB wants to help companies react more flexibly and more quickly to market requirements and handle complex work processes more efficiently. The company understands that each and every industry comes with its own unique set of challenges, and its solutions reflect this. 

3. Aegis FactoryLogix  

With FactoryLogix, Aegis is redefying manufacturing operation management and merging it with both state-of-the-art technology and its extensive experience to help companies save time, eliminate chaos, increase efficiency and competitiveness, save money, and support any form of manufacturing without expensive customization. FactoryLogix provides end-to-end support for manufacturing processes, including scheduling, warehouse, MSD, and PLC control and data acquisition, offering comprehensive capabilities for manufacturers in all industries, including aerospace and defense.  

4. Aveva Wonderware

Wonderware is a mature manufacturing operation management tool whose purpose is to maximize profitability, quality, and compliance of manufacturing operations. With its help, companies can easily streamline order flow and product execution, evaluate and analyze yield, quality, and plant resource utilization, or track the transformation of products from raw materials to finished goods. Its model-driven approach makes it simple to standardize operational processes and achieve admirable cost savings in complex multi-site operations. 

5. Critical Manufacturing

Critical Manufacturing MOM solution is a great low-cost entry with comprehensive out-of-the-box functionality. It revolves around Industry 4.0 and is designed to Industrial Internet of Things (IIoT), mobile devices, automation, sensors, and other Industry 4.0 components. Its modular architecture makes it deeply configurable and future-proof. 

6. Nysus Solutions  

Founded in 2005, Nysus Solutions is a passionate company whose MOM solution simplifies high complexity assembly processes through automated work instructions and integrated poka yoke systems. The Nysus Solutions Assembly Manufacturing Execution System tracks the entire manufacturing process from start to finish, directly integrating to all makes and models of programmable logic controllers and providing product traceability with multiple tracking methods, including bar codes, 2D etched bar codes, and RFID tags.

7. Epicor Mattec

Mattec is a manufacturing execution software solution that drives results with its extensive capabilities, which include production monitoring, process monitoring, quality management, alerts and notifications, production scheduling, advanced analytics, maintenance management, and energy monitoring. Mattec success stories include companies such as Rexam Corporation, Johnson Controls, or Estra, all of which have been able to use this powerful tool to analyze issues and demonstrate measurable performance improvements.

8. GE Digital Predix

A major player both in the discrete and batch MOM market, GE Digital Predix is a suite of solutions designed to transform manufacturing businesses through insights and intelligence powered by data integration, the Industrial Internet of Things (IIoT), machine learning, and predictive analytics. It can unlock unprecedented efficiency for lean manufacturing, reduce costs, improve quality, and accelerate production speed by bringing together the digital world with the physical world of manufacturing. Its users can expect to experience 10-20% reduction in unplanned downtime, 20% inventory reduction, and +20% recovered capacity. 

9. iBASEt

This family-owned MES supplier boasts a team of industry experts who are responsible for one of the best MOM solutions for the aerospace and defense industry. iBASEt MES is ready to transform the operations of complex, highly regulated discrete manufacturers by connecting operations and sustainment management in a seamless flow of data across the value chain and product lifecycle. In addition to aerospace and defense, it also serves a number of other industries, including electronics, industrial equipment, medical devices, nuclear products, and shipbuilding. 

10. Inductive Automation Ignition

Ignition provides an unlimited licensing model and a low-cost platform. It’s perfectly suited to developers and VARs that are frustrated by the complexity, price, and licensing of more traditional MOM solutions. The benefits of using Ignition include unlimited tags and clients at no extra cost, MES, SCADA, reporting, and more on a single platform, Web-launch clients to any devices with a web browser, and powerful partnerships with Sepasoft. 

11. Infor

12. Lighthouse Systems

13. MPDV

14. Qubes

15. Parsec

16. Plex

17. Rockwell Automation

18. SAP

19. Siemens

20. NetSuite Manufacturing

Read our other software reviews

One of Aerospace Export’s main guideline is to promote innovative content targeting the Aerospace and Defense industry. Following this guideline, we have been working on few other software reviews that you could directly access here:

Best Project management software for A&D
Best Manufacturing Execution System (MES) softwares for Aerospace
Best ERP for Aerospace & defense
Best CRM for Aerospace & defense
Best Supply chain management (SCM) for aerospace
Best PLM tool for aerospace & defense
Best Manufacturing Operation Management (MOM) tool for Aerospace
Best CAD software for Aerospace & Defense
Best Requirement Management (RM) tool for Aerospace & Defense

Get more information on how we review the different tools

CONTACT US TO REVIEW YOUR TOOL

If you are a tool editor and believe that your tool should be mentioned in our review, please send us a message below and we will get in touch with you. We are constantly updating our ranking with the tools that we believe to be the more relevant for the Aerospace & Defense market.

Information on the parent company, software creation, industries targeted, main features,...
What do you believe to be the competitive advantages of this tool over its competitors.

Learn More

BEST SUPPLY CHAIN MANAGEMENT (SCM) FOR AEROSPACE AND DEFENSE

Evolving customer expectations have forced supply chains to grow in size and scale, and keeping them running as smoothly as possible has become a major challenge for companies in all industries, including aerospace. To overcome this challenge, supply chain managers must be able to access every point of the supply chain, which is possible only with a powerful supply chain management (SMC) software solution. 

Luckily for them, the global supply chain management software market is projected to reach $24,532 million by 2025, growing at a CAGR of 9.7% from 2018 to 2025. Already, there are many excellent SCM software solutions capable of meeting the complex needs of the aerospace industry. In this article, we list the top 20 such solutions and provide a brief introduction to supply chain management and its role in the aerospace industry. 

What Is Supply Chain Management (SCM)?

Supply chain management deals with the blood vessels of a business. From the raw components all the way to delivering the final product to the consumer, supply chain management handles the entire production flow of a good or service and includes all processes that transform raw components into final products.

In addition to ensuring that goods and services make it from the point of origin to the point of consumption, one of the chief goals of supply chain management is to gain a competitive advantage in the marketplace and maximize customer value by actively streamlining a business’s supply-side activities.

The term supply chain management was introduced in 1982 by Keith Oliver, a consultant at Booz Allen Hamilton, in an interview for the Financial Times. Supply chain management became one of the most popular business subjects in the 1990s, and it has remained so to this day. 

Supply Chain Management (SCM) in Aerospace & Defense industry

Without effective and efficient supply chains, aerospace companies couldn’t meet their strategic and financial goals. Poorly optimized supply chains lead to dissatisfied customers, long delays, and high costs. 

To optimize the sourcing of raw materials, mitigate supply disruption risks, cope with modernization and emerging technologies, and deal with the ongoing shortage of skilled workers, companies in the aerospace industry are building agile and resilient supply chains with the help of modern supply chain management tools.  

Supply chain management tools help aerospace companies improve supply chain visibility and see the true reality when it comes to material availability, inventory capacity, and other variables of the end-to-end supply chain.

Main Features of Supply Chain Management (SCM) Tools         

Modern supply chain management tools come with a whole host of features and capabilities that make them extremely valuable to all aerospace companies:

  • Real-time alerts: Supply chain management tools can provide real-time information on shipping activities, keeping supply chain managers in the know and allowing them to respond to problems in a timely manner.
  • Order processing: By directly capturing order data, supply chain management tools can automate most order processing activities and reduce the time it would take to process an order manually. 
  • Warehouse management: Some supply chain management tools feature warehouse management capabilities that allow their users to effortlessly receive supplies, track products, and plan routes, among other things. 
  • Demand forecasting: Supply chain management tools can analyze past trends to anticipate future demand, providing essential information to decision-makers and helping them better plan production and reliably meet demand. 
  • Reporting: All modern companies produce large amounts of data. When properly analyzed, this data can provide visibility into the entire supply chain and uncover sources of delays and errors. Supply chain management tools can transform gathered data into reports or interactive dashboards. 

Other important features of supply chain management tools include inventory optimization, procurement, supplier management, reorientation of supply network around demand needs, supply network coordination, expense logging, cost analysis, creating pricing and product configurations, route optimization, automation of warehouse operation, customer analysis, pricing and promotion tracking, and product lifecycle oversight. 

How to Select a Supply Chain Management (SCM) Tool?           

When selecting a supply chain management tool, it’s important to talk to all partners and suppliers about potential technical and compatibility issues. The reality is that smaller companies often don’t get to choose which supply chain management tool to buy. 

While there are many different supply chain management tools to choose from, not all of them are developed with the needs of the aerospace industry in mind. Always select a supply chain management tool capable of addressing your company’s unique needs. 

Instead of focusing only on the features and capabilities of supply chain management tools, make sure to also consider the vendor behind them. It’s never a good idea to choose a supply chain management tool from an unreliable vendor that may not even be around in a year or two. 

Getting assistance from Industry experts:

Connecting with Aerospace & Defense industry experts is one of the alternative solution in order to ask the different question that you have and to seek the advices that you need. Feel free to have a look at the services providers that we listed for you in the following categories:

Top 20 Best Supply Chain Management (SCM) Tools for Aerospace

We have rounded up 20 of the best supply chain management tools for aerospace to help supply chain managers find those that are a good fit for them. All tools featured below come from respected companies that have earned a good reputation not only in the aerospace industry. 

1. SAP SCM

SAP’s supply chain management solution helps companies increase business agility and provide full visibility and advanced analytics to respond effectively to market needs by harnessing new technologies such as AI and the Internet of Things. Other capabilities include forecasting and demand management, inventory optimization, sales and operations planning, response and supply planning, demand-driven replenishment, real-time collaboration, dashboards for status monitoring, rapid onboarding functionality, and robust compliance features. 

2. Oracle SCM

Oracle is a huge name in the aerospace industry, and it shouldn’t come as a surprise that its supply chain management products have received a lot of praise. Enabling businesses to manage their supply chains with the scale, security, innovation, and agility that modern markets require, Oracle SCM Cloud is a great choice for all aerospace companies that are ready to embrace the Industry 4.0 and use state-of-the-art business technology to take advantage of all supply chain opportunities. 

3. Epicor SCM

From forecasting to fulfillment, Epicor SCM helps companies manage all aspects of their supply chains more efficiently. It facilitates seamless collaboration with business partners anywhere in the world, improves safety, security, efficiency, and compliance with automatic barcoding, and easily manages purchases just in time (JIT) for reduced inventory and work in process (WIP), among many other things. 

4. Infor SCM

Infor’s CloudSuite SCM helps companies digitally transform and optimize their supply chain network end-to-end by connecting them to their supply chain partners, connecting systems, and devices. It supports data-driven decision-making and combines rich data with predictive and prescriptive insights from Infor Coleman AI. Infor is a multi-national enterprise software company headquartered in New York, and its software products are known for their polish and sophisticated capabilities.  

5. Sage X3

Sage X3 is an enterprise resource planning product with extensive supply chain management capabilities that help companies keep up with demand and ensure optimal efficiency through real-time monitoring of inventory status. Its capabilities include supplier and product category management, pricing and discounts, purchase planning, ordering, and requests, requests for proposals, multi-level signature management, and supplier invoice entry and returns. 

6. Manhattan SCM

From suppliers’ loading docks to customers’ front doors, Manhattan SCM breaks down silos and enables supply chains to serve top-line growth without sacrificing the bottom-line performance. This sophisticated supply chain management solution helps companies respond and manage to challenges like fluctuating fuel prices, utilization of equipment, and changing customer demand while respecting their unique way of doing things. 

7. JDA Software

By tapping into the power of AI and machine learning optimization, JDA’s supply chain management solution addresses the complexities of today’s global and consumer-driven marketplace and provides AI-driven business insights. This powerful end-to-end platform helps orchestrate global resources, materials, and assets to meet demand with minimal waste and expense, ensures that inventory arrives in optimal destinations, and provides consumer-centric insights. 

8. OMP Plus

OMP Plus strives to achieve three main objectives: make complexity manageable, add value all the way, and boost know-how by introducing AI to the equation. Independent surveys confirm that User satisfaction for OMP customers amounts to a solid 79%, which is significantly higher than companies opting for other vendors. 

9. Jaggaer Direct Supply Chain Management

Covering everything from ordering to goods receipt to invoicing, Jaggaer Direct Supply Chain Management reduces costs and accelerates lead times while adhering to all industry standards. It offers real-time communication with suppliers, workflows that manage deviations and exceptions, excellent ease of use, and many other capabilities that all companies wishing to digitize their supply chain are guaranteed to appreciate. 

10. E2open

Providing a unified supply chain management platform, E2open features everything from supply chain monitoring and supply chain analytics to order processing management, sourcing and procurement, inventory management, and warehouse management. 

11. Logility

12. Kinaxis

13. Basware SCM

14. Dassault Systemes SCM

15. Descartes SCM

16. Highjump SCM

17. IBM Watson Supply Chain

18. BluJay SCM

19. IFS

20. Coupa Software

Read our other software reviews

One of Aerospace Export’s main guideline is to promote innovative content targeting the Aerospace and Defense industry. Following this guideline, we have been working on few other software reviews that you could directly access here:

Best Project management software for A&D
Best Manufacturing Execution System (MES) softwares for Aerospace
Best ERP for Aerospace & defense
Best CRM for Aerospace & defense
Best Supply chain management (SCM) for aerospace
Best PLM tool for aerospace & defense
Best Manufacturing Operation Management (MOM) tool for Aerospace
Best CAD software for Aerospace & Defense
Best Requirement Management (RM) tool for Aerospace & Defense

Get more information on how we review the different tools

CONTACT US TO REVIEW YOUR TOOL

If you are a tool editor and believe that your tool should be mentioned in our review, please send us a message below and we will get in touch with you. We are constantly updating our ranking with the tools that we believe to be the more relevant for the Aerospace & Defense market.

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BEST ERP software FOR AEROSPACE & DEFENSE

Aerospace and defense companies face many difficult challenges that are forcing them to rethink the way they do business and replace their old processes and approaches with modern alternatives. 

Enterprise resource planning (ERP) has seen major changes since the Gartner Group first used the term in the 1990s, and the global ERP market is expected to grow to $74.2 billion by 2026, from $34.1 billion in 2017. The growth of the ERP market can be explained by a single statistic: 95 percentof companies experience an improvement in their processes after implementing an ERP system. 

For aerospace and defense companies, any process improvement effort that yields great results is worth it because global competition and market pressure are escalating. However, selecting an ERP software solution that follows industry-leading best practice protocols and ensures efficiency is no easy task, which is why we created this list of the top 20 best ERP software solutions for aerospace and defense.  

What Is ERP Software?        

Enterprise resource planning (ERP) software provides integrated management and continuously updated view of main business processes. ERP software has been in use since the 1990s, helping companies across all industries manage business functions and streamline operations. 

ERP software is commonly used to automate time-consuming back-office tasks like entering data or generating reports. By eliminating repetitive manual processes, companies can increase their efficiency and simultaneously reduce operational costs. 

Because modern ERP software solutions integrate accounting, sales, marketing, production, inventory, and other business processes, they promote inter-department collaboration and make the company more flexible. The integrated nature of ERP software solutions provides the foundation for accurate forecasting with the help of business intelligence tools that leverage machine learning and artificial intelligence to dig deep into big data and reveal useful insights. 

Main Features of ERP Software      

There are several different types of ERP software (on-premise versus cloud, enterprise versus SMB, and various industry-specific variants). However, all ERP software solutions share certain basic features, which include: 

  • Integration: ERP software provides an integrated system that collects data across all departments and ensures seamless communication within the company, breaking down information silos and reducing discrepancies between teams. 
  • Automation: The immense value of ERP software stems largely from its ability to automate repetitive tasks and processes, such as order entry, payroll, accounting, invoicing, reporting, and others. Automation not only allows staff to focus on more important assignments, but it also decreases the chance of a human error. 
  • Data analysis: With data from across all departments collected in a single place, it’s only natural to analyze it and reveal insightful trends and patterns. Modern ERP software solutions support advanced data analysis techniques, sometimes enhanced with machine learning and artificial intelligence. 
  • Reporting: From interactive dashboards to printed reports, reporting is a core feature of virtually all ERP software solutions. Reporting provides traceability and minimizes inconsistencies. 
  • Mobile functionality: The use of mobile devices among employees is steadily increasing, and companies can embrace this trend by selecting an ERP software solution with mobile functionality. 

How to Select ERP Software for Aerospace & Defense   

Aerospace and defense companies are tasked with managing complex projects while dealing with global supply chains, regulatory compliance, and aggressive delivery cycles. A good ERP software solution can help overcome these and other challenges, but selecting it isn’t as simple as it may seem at first. 

Any selection of an ERP software solution should begin with a clear and extensive list of requirements. “Focus on specific business processes and system requirements. The more specific you can be upfront, the more detailed your vendors can be in their proposals,” advises Ed Talerico, director, Industry & Solution Strategy, Infor.

With all the requirements listed, the next step is to carefully evaluate the available options and their advantages and disadvantages. The truth is that the best ERP software solution doesn’t exist. All companies are different, and their individual differences determine which ERP software solutions are suitable and which are not. 

Finally, it’s a good idea to ask vendors for references and get in touch with companies that are already using the ERP software solutions they offer. A solution that looks amazing on paper may be disappointing in practice. 

Getting assistance from Industry experts:

Connecting with Aerospace & Defense industry experts is one of the alternative solution in order to ask the different question that you have and to seek the advices that you need. Feel free to have a look at the services providers that we listed for you in the following categories:

Top 20 Best ERP Solutions for Aerospace & Defense

1. NetSuite ERP

Known for providing businesses across industries with tools to automate and centralize processes across departments, NetSuite ERP handles financial management, financial planning, order management, production management, supply chain management, procurement, and warehouse and fulfillment. Thanks to its built-in business intelligence capabilities, it’s easy to combine data with visual analytics to generate meaningful and actionable business insights that support growth and help companies achieve their objectives. 

2. Sage X3 ERP

From supply chain to sales, Sage Business Cloud X3 collects data from various workflows and uses them to inform and streamline operations. This ERP software solution respects the fact that each user is different by adapting to users’ unique roles, preferences, and workflows. It can be applied across all industries and expanded with integrated solutions from Sage and certified partners.

3. SAP Business One

SAP Business One is a popular ERP software solution for small and medium-sized businesses, available for deployment both on-site and through the cloud. It can be extended with a variety of add-ons and tailored to each company’s specific needs. Just like enterprise-grade ERP software solutions, SAP Business One handles all department needs and captures critical information for immediate access and company-wide use

4. IQMS ERP

IQMS is a global software company that develops and markets a manufacturing ERP software system to the automotive, medical, packaging, consumer goods, aerospace, defense, and other industries. Its solution integrates applications to help improve business operations, communication and collaboration, providing the backbone for manufacturers and helping them overcome manufacturing-specific challenges. 

5. Infor CloudSuite Industrial (SyteLine)

Through tools such as forecasting, automated compliance monitoring, and the integration of financial systems, Infor CloudSuite Industrial, also known as SyteLine, allows companies to streamline business gains and significantly increase the opportunity to advance their business success. It is trusted by more than 5,000 manufacturers around the world, many of which operate in the aerospace and defense industry. 

6. Epicor ERP

Built for manufacturing growth, Epicor ERP is a future-proof and scalable ERP software solution that makes user adoption easier with its clean, modern interface. It’s designed to manage every part of a company’s business, from leads and customers to financial operations to production. Epicor ERP can be deployed in the cloud or on premises, and it embraces the Internet of Things (IoT) through the Azure IoT Hub.

7. SYSPRO ERP

SYSPRO ERP stands out with a web-based UI for universal access, delivering the SAME ERP experience on any device, on any platform, from anywhere, at any time. It is designed with manufacturing and distribution industries in mind and offers enough flexibility to integrate with the latest innovative technologies, such as IoT, artificial intelligence, and machine learning.

8.Oracle Enterprise Resource Planning Cloud

Empowering companies to innovate in the business reality of a digital economy, Oracle Enterprise Resource Planning Cloud automates low-value, manual tasks and leverages real-time data for predictive insights to improve decision-making, increasing business performance and driving operational excellence across the company.

9. Microsoft Dynamics 365

First released in November 2016, Microsoft Dynamics 365 is a line of enterprise resource planning (ERP) and customer relationship management (CRM) applications whose purpose is to unify data, deliver predictive insights, and help companies achieve great results. It is trusted by many global businesses and sold in two editions, the Business Edition for small and medium-sized enterprises (SMEs or SMBs), and the Enterprise Edition for medium to large organizations.

10. abas ERP

Intended for manufacturing companies across all industries, abas ERP is a complete ERP solution that provides employees with all the features and information they need to achieve their objectives, regardless of whether they work in management or finance, purchasing or sales, service or cost accounting, production or warehousing. 

11. Cetec ERP

Cetec ERP is a web-based manufacturing ERP platform used by several aerospace and defense companies with stringent regulatory requirements, from ISO 9001 to ITAR. The tool mainly target SMB growing manufacturing shops and distributors. Cetec ERP handles quality requirements, and it uses real time features to record data and generate quality documents to reflect all actions and details on any given order. The tool has a cloud ERP model and all a good data traceability and auditability. Cetec ERP allows for serialized inventory with date code and lot code traceability with a full integration from purchased material to in production and final inspection into invoice and shipment. Cetec covers the scope of the manufacturing process, and also includes built in accounting and financials suites. It is possible to start a free trial of Cetec ERP for 30 days free. Full pricing is $40/user/month

12. QAD

13. Rootstock Cloud ERP

14. OmegaCube ERP

15. JeevesERP

16. Plex Manufacturing Cloud

17. IFS

18. Priority Software ERP

19. Genius ERP

20. Total ETO

Conclusion

A capable ERP software solution can provide the edge companies in the aerospace and defense industry need to be competitive and deal with escalating market pressure. The good news is that many ERP providers have been investing a lot of time, money, and effort in emerging technologies, making their ERP software solutions more capable, flexible, and easier to use.  

Read our other software reviews

One of Aerospace Export’s main guideline is to promote innovative content targeting the Aerospace and Defense industry. Following this guideline, we have been working on few other software reviews that you could directly access here:

Best Project management software for A&D
Best Manufacturing Execution System (MES) softwares for Aerospace
Best ERP for Aerospace & defense
Best CRM for Aerospace & defense
Best Supply chain management (SCM) for aerospace
Best PLM tool for aerospace & defense
Best Manufacturing Operation Management (MOM) tool for Aerospace
Best CAD software for Aerospace & Defense
Best Requirement Management (RM) tool for Aerospace & Defense

Get more information on how we review the different tools

CONTACT US TO REVIEW YOUR TOOL

If you are a tool editor and believe that your tool should be mentioned in our review, please send us a message below and we will get in touch with you. We are constantly updating our ranking with the tools that we believe to be the more relevant for the Aerospace & Defense market.

Information on the parent company, software creation, industries targeted, main features,...
What do you believe to be the competitive advantages of this tool over its competitors.

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BEST CRM SOFTWARE FOR AEROSPACE & DEFENSE

The aerospace and defense is a constantly evolving market that requires its players to take advantage of the latest and most effective practices and tools to meet growing customer expectations.

Even though aerospace and defense companies are not customer-driven, most of them have come to recognize the importance of customer relationship management (CRM) when it comes to improving sales and business development effectiveness, delivering superior customer service, improving product, quote, and order configuration accuracy, and maximizing employee productivity and knowledge sharing, among other things. 

The indispensable nature of CRM software has been fueling the growth of the CRM market, which is forecast to grow by $33.15 billionduring 2019-2023, according to a new report by Technavio. CRM software vendors now offer a broad selection of CRM software capable of satisfying the complex and unique demands of aerospace and defense companies. 

The goal of this article is to introduce CRM software in general and explain how it can benefit aerospace and defense companies in their quest for excellence. Listed at the end of the article are the top 20 best CRM software tools for aerospace and defense.  

What Is CRM?           

CRM stands for customer relationship management, which is a combination of practices, strategies, and technologies for managing a company’s relationships and interactions with existing and potential customers alike. 

The ultimate goal of CRM is to improve customer service relationships and assist in customer retention and sales growth. CRM achieves this goal by compiling data across different channels, giving customer-facing staff all information they need (such as customers’ personal information, purchase history, buying preferences and concerns) to make informed decisions and create a superior customer experience.

The history of CRM dates to 1970s. Back then, customer satisfaction was evaluated mainly using annual surveys or by front-line asking. As time went on, digital CRM tools gained in popularity, often enriched with shipping and marketing capabilities. Today, CRM tools are available from many different vendors, both as cloud and local applications.

In addition to building better relationships with customers, there are many other benefits of CRM that are worth mentioning: 

  • Improved customer service: Providing excellent customer service is possible only with access to accurate, up-to-date information about the customer’s history with the company. CRM improves customer service by storing all customer information in one central location and making it readily available to everyone who needs to see it. 
  • Increased automation of tasks: With a capable CRM tool, it’s possible to automate many repetitive tasks that otherwise prevent staff from being as productive as possible. 
  • Higher sales results: Improved customer satisfaction always leads to higher sales results. Customers who feel understood and appreciated are far more likely to remain loyal than those who feel that their needs are not being met. 
  • Better communication with coworkers: Customer relationship management in larger companies and enterprises is a team effort, and CRM tools encourage collaboration and keep coworkers informed. 
  • Breaking down information silos: CRM serves as an antidote to information silos, preventing important customer information from being scattered throughout the company. By breaking down information silos and centralizing fragmented information, it allows companies to conduct personalized, ongoing dialogues with their customers.

CRM Software for Aerospace & Defense   

Aerospace and defense contracts are characterized by their complexity and wide-ranging scope. Their management is further complicated by exceedingly intricate procedures, stringent regulations, and strict requirements from both clients and the government. 

“A Cloud CRM solution in this environment must address the need for management of information security with exchanges as a priority from both operational and administrative perspectives in the Aerospace & Defense Sector, while at the same time, addressing the need for routine exchange as obvious,” explains Salesboom, an Enterprise Cloud-Based CRM vendor, founded in 2003 by CEO Troy Muise and President Rami Hamodah.

Initially, there was some resistance to embracing CRM among aerospace and defense companies due to their inability to deploy cross-application business processes as seamlessly as companies in other sectors, but this resistance weakened over time as they recognized that they are not customer-driven and, consequently, not operating at their full potential to acquire, retain, and grow their customer base.  

Main Features of CRM Software    

Modern CRM software tools boast many useful features for building and managing customer relationships, including:

  • Lead management: generates new business clientele, generally through a variety of marketing campaigns or programs.
  • Contact management: organizes all information about customers and facilitates its efficient retrieval. 
  • Reporting and analytics:provide access to real-time information to support strategic planning and decision-making. 
  • Team management:  customer relationship management is a team effort, and CRM tools help teams be more productive by increasing timely communication and promoting information sharing. 
  • Contact center automation: with prerecorded audio that assists in customer problem-solving and information dissemination, CRM tools reduce tedious aspects of contact center operation.
  • Artificial intelligence: leading CRM vendors are adding artificial intelligence features to their CRM tools, automating repetitive tasks, and intelligently predicting future customer behaviors based on past patterns. 

Of course, the features listed above provide just a small glimpse into the capabilities of CRM software tools.

How to Select a CRM Software for Aerospace & Defense

CRM software tools can be categorized according to size and type. Aerospace and defense companies naturally gravitate toward enterprise-grade CRM software tools because their operations often span multiple countries and involve a variety of product lines. 

CRM software tools that target small and medium-sized businesses are seldom able to satisfy the complex requirements of aerospace and defense companies. 

CRM software tools are available as cloud-based or on-premises solutions. Cloud-based CRM tools have skyrocketed in popularity over the last few years thanks to their effortless deployment and simple maintenance. They appeal mostly to companies with limited resources and technological expertise. 

Aerospace and defense companies tend to stay away from cloud-based CRM tools because they can’t easily trust a third party to handle sensitive customer information, preferring to use on-premises CRM software tools instead. 

Getting assistance from Industry experts:

Connecting with Aerospace & Defense industry experts is one of the alternative solution in order to ask the different question that you have and to seek the advices that you need. Feel free to have a look at the services providers that we listed for you in the following categories: