Industrial Transformation (IX) is a very real phenomenon. Companies are going beyond standard practices in continuous improvement to seek out step-change improvement in industrial operations. The aerospace and defense (A&D) industry is leading the charge. What exactly are A&D companies doing? What are the "big" things they are trying to accomplish? And what, if anything, is delivering significant improvement?
To understand what’s happening in IX and to answer these questions about what A&D companies are doing, LNS Research conducted a global IX survey. We found that two-thirds of companies have implemented, are currently implementing, or plan to implement an Industrial Transformation program. A&D leads with more companies further along the IX journey and a higher percentage of companies becoming IX Leaders. This report details survey findings to document the definition, scale, duration, technology, budget, staffing, and organizational structure of Industrial Transformation programs among aerospace and defense companies.
Overall, the newest data clearly shows that IX is working and that now is the time for A&D companies to pursue such a program aggressively.