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CONFIDENCE for Critical Applications

Technetics Group is a globally trusted source for highly engineered components, seals, assemblies, and sub-systems custom-designed for high performance and extreme applications in the semiconductor, aerospace, flow control, nuclear, and life science industries.

Technetics

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The State of the Aerospace Industry Following Q3

November 17, 2022
aerospace
Airbus
Embraer
Jets
+more

There is at least one market growing despite fears of a global recession and it’s not on everyone’s radar: the aerospace industry. The industry, which has seen steady growth with the continuous development of innovative technologies, posted a robust Q2 and Q3 in the market. But what is indicating this and what might affect its’ futures?

On this episode of Getting Technetical, host Tyler Kern chats with Technetics’ Director of Strategy for North America, Jason Riggs, about the Q2 and Q3 outlook for the aerospace industry. Kern and Riggs discuss…

1) Which factors to consider when looking at market futures

2) What specific companies, like Airbus and Embraer, are doing to continue their growth

3) What the year-on-year growth outlook was and the overall trends in the marketplace

“So, if your business is connected to Airbus, narrow-bodied jets, you’re in great shape. If your business is connected to the F-35 joint strike fighter, you’re in great shape. These are kind of some of the areas within commercial and defense that just continue to really dominate, frankly,” explained Riggs.

As the Director of Strategy, Riggs is responsible for the development and deployment of multiple North American sites. He has been with Technetics for just under a decade. Riggs earned his BS from Arizona State University in Mechanical Engineering and his MBA from the University of Phoenix.

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