Industry colleagues and I are anxiously awaiting IESF—Mentor Graphics’ electrical engineering conference for military and aerospace (mil/aero)—next week in Long Beach, Calif.
A full day of speakers and events, which should prove to be both enlightening and entertaining, is planned. One session to which I am looking very forward is “Aircraft and Defense Markets: Outperforming the Economy,” with Richard Aboulafia, vice president of analysis at Teal Group, an aerospace and defense analysis firm in Fairfax, Va.
I heard Aboulafia speak at a previous IESF in Seattle, during which time I furiously recorded notes. The information gleaned then helped me in my work for months to come, and his assessments, forecasts, and predictions were accurate. I’m anxious to hear what he has to say this year—so anxious, in fact, that I’ve been following Teal Group and its recent reports.
Aboulafia recently revealed what he calls “remarkable growth rates enjoyed by aviation markets over the last decade” and “the industry’s current status as a safe haven in a world of economic turmoil.” I’m anxious to hear what he perceives as potential opportunities and challenges in civil and military aviation, including various segments (large jetliners, business aircraft, rotorcraft, combat aircraft, military transports and tankers, etc.), as well as his defense spending outlook, in the U.S. and abroad.
The last mil/aero IESF and Aboulafia’s talk left this geek pondering the future of unmanned vehicles in civil and defense applications throughout the globe. I’m guessing next week’s event will have a similar effect.