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Aerospace and defense companies need to launch fewer completely new aircraft programs in today`s business climate. They also are required to respond more effectively to changing production schedules even though they participate in global supply chains comprised of diverse vendors and partners. In addition, prime contractors often compete on newer programs that require them to accept lifecycle performance agreements, which place a premium on total enterprise productivity. Taken together, these challenges renew the aerospace and defense industry`s emphasis on:
Aerospace and defense companies must be able to adapt to these challenges to realize sustainable profi t and growth. Business success will be determined by their ability to transform legacy IT investments into dynamic, secure and seamless digital environments that can integrate their operations into highly functional global supply chains.