7 april 2010 - Assessement of the French Aerospace, Defence Electronics and Security Industry 2009
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In presenting the 2009 results of the French aerospace, defence electronics and security industry, Jean-Paul Herteman, Chairman of GIFAS, began by recalling that this sector is a centre of excellence within the national economy.
“We are the biggest exporter in France and raise the largest sales profit (€14 billion in 2009). Each year, we spend 15% of our turnover on R & D to keep at the forefront of progress and innovation. This heavy investment and our high performance requirements feed back into other sectors and influence the whole country, whether by job-creation or technological transfer. And, since 2006, we have taken on 38,000 workers and this recruitment drive continued uninterrupted in 2009 with some 7,000 new recruits.”
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In 2009 the profession, though not untouched by the crisis, nevertheless recorded a limited fall in turnover estimated at €35.8 billion (-2.2% adjusted for inflation). In a difficult economic environment, the French aerospace industry maintained its market share with 80% of the consolidated turnover exported. The balance of sales, extremely positive, is estimated at €14 billion (as in 2008).
Orders registered in the year are again greater than the annual turnover at €37.3 billion. The steep rise in orders in the space sector, and also in defence and security electronics, has made up for the fall in civil aeronautics orders.
The order book still represents the equivalent of 4 years’ activity for the profession. |
Read the 2009 Results press release
Read the 2008 Results presentation slides (in French only)
july 2, 2009 - Europe Aerospace and Defence Industries present solid 2008 results despite challenging environment, call on new EU decision-makers to support 'growth-enhancing sector'
Brussels, July 2nd 2009 – During a press conference organised today in Brussels, Allan Cook, President of ASD* and CEO of Cobham, declared that the European aerospace and defence industries had managed to “hold their own in 2008, despite the deterioration of economic conditions which started to be acutely felt during the second half of the year.” Mr Cook was commenting on data compiled by ASD for 2008. Key findings were as follows:
- The turnover of Europe’s aerospace and defence industries rose by 2.5% to reach almost €137 bn in 2008; employment increased slightly (+0.3%) from 642,100 to 644,100.
- For aeronautics only, turnover went up by almost 3%, while the workforce contracted by 1.2%.
- The consolidated turnover of Europe’s space industry grew by almost 10% to reach €5.88 bn.
- For companies in the defence land and naval sectors, turnover increased by 6.5% and employment by more than 4%.
Download the press release
Download Allan Cook, the ASD President, overview
Download the 2008 industry data
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