Arizona among best places for A&D companies to expand
by Scott Thompson | pwc
It was a very good year for the Aerospace and Defense (A&D) sector, which reported record profits. Demand for commercial aviation is growing at a rate about twice the growth of global GDP and aircraft manufacturing is at record levels and ramping up. Also, defense budgets have increased significantly in the past few years.
With optimistic short and long term projections, and additional cash generated by the tax reform bill, A&D companies may be considering expansion opportunities. In our latest edition of Aerospace attractiveness manufacturing rankings, we aggregate and analyze data to help companies figure out the best locations globally and within the US. This report can be a helpful tool in planning for future growth, optimizing manufacturing supply chains, and reexamining costs.
Arizona has an ideal climate for aircraft testing and space observation, good transportation infrastructure, and business-friendly tax policy.
