New Hampshire Aerospace and Defense Export Consortium
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Transcript of New Hampshire Aerospace and Defense Export Consortium
• Unique Structure
• Started as part of a federal STEP grant
• Nearly 300 companies identified
• Nearly 70 members
• A&D contributes 3.96 percent to the state’s GDP,
which ranks NH higher than 44 other states
• New Hampshire’s average A&D industry wages were the 5th highest in the nation and generated a total payroll of more than $653 million a year
• Well-organized sectors
• Fast-growing sectors
• Innovative products
• Customized solutions
• Vast commercial opportunities
Historic gains in growth
• 2010: aerospace orders increased 234%
• 2011: airplane production reached a record high
• 2012: production increased again by 18%
Bottom line:
• The sector is in the midst of a strong up cycle
• Replacement of older fleets
• New technologies
Investment in skills development, tooling and manufacturing
Attractive Markets:
• India• World leader in arms importation since 2011• U.S. defense supplies $8billion• Public sector drives the Indian aerospace industry
• Brazil • High economic growth creating strong demand for aviation services and infrastructure• 2nd largest general aviation fleet in the world
Attractive Markets:
Turkey
• World’s sixth largest army, second largest army in NATO
• Air force is the world’s third largest operator of F-16s
• $12 billion market for aerospace products
• $4 billion market for defense-related products
Attractive Markets
Canada
• 5th largest aerospace market
• U.S. aerospace exports $6 billion in 2012
• Large OEMs• Bombardier• Pratt & Whitney Canada• Boeing Canada• Bell helicopter Textron Canada
What we’ve done:
Organizing export opportunities
Five member companies attended the International
Paris Air Show
New England-wide collaboration to establish
aero-defense corridor with Aero Montreal