John Schmidt

Join John Schmidt, leader of Accenture's global aerospace and defense practice, and Joyce Kline, the global data and AI leader for aerospace and defense, as they dissect the shifting dynamics of the European defense market. They discuss the surge in defense spending and the intricate challenges of unified procurement strategies among European nations. The conversation touches on aerospace supply chain hurdles, the push for hyper-automation in manufacturing, and anticipations for groundbreaking technologies at the upcoming Paris Air Show.

John Schmidt, leader of Accenture's Global Aerospace and Defense Practice, shares insights into the commercial aerospace industry's surprising growth. Despite delivery downturns, industry revenues are expected to rise. The Asia-Pacific market has rebounded dramatically, fueled by customer traffic and investment. MRO services are pivotal in enhancing resilience and operational longevity. Challenges like supply chain disruptions and labor unrest are addressed, but optimism prevails due to advancements in digital transformation that promise to overcome these hurdles.