- Long-Term : My fundamental outlook for the Aerospace and Defense sub-industry over the next 12 months is neutral. I expect fairly modest growth in U.S. defense spending for healthy earnings growth for defense companies. With no major military drawdown on the horizon, i see low risk of defense spending cuts over the next five years.
It will take at least another year for demand for commercial aircraft to return to pre-pandemic levels. In my view, the slowdown in demand will likely extend into 2022. The pandemic has inevitably devastated sub-industry airline customers, with passenger numbers still 25% below pre-pandemic levels at the end of May 2021. I believe Boeing is well positioned to benefit from healthy demand in the defense, space and security segment, while commercial airplanes and global services will benefit from a gradual recovery as Covid-19 vaccinations increase and the economy reopens.
- Short-Term : Bullish as the chart can show but just a special attention and a thing to keep in mind with the huricanes season who maybe can impact the aerospace industry in a short term view but by the way maybe will permits to take a well position
It will take at least another year for demand for commercial aircraft to return to pre-pandemic levels. In my view, the slowdown in demand will likely extend into 2022. The pandemic has inevitably devastated sub-industry airline customers, with passenger numbers still 25% below pre-pandemic levels at the end of May 2021. I believe Boeing is well positioned to benefit from healthy demand in the defense, space and security segment, while commercial airplanes and global services will benefit from a gradual recovery as Covid-19 vaccinations increase and the economy reopens.
- Short-Term : Bullish as the chart can show but just a special attention and a thing to keep in mind with the huricanes season who maybe can impact the aerospace industry in a short term view but by the way maybe will permits to take a well position