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Today’s U.S. Aerospace and Defense (A&D) sector is keenly focused on cost containment. And rightly so: the sector has endured intense cost and pricing pressure for years and now – with foreign competition growing and pressure to return value to shareholders mounting – the need to drive out costs has become a matter of survival.
Yet – both on the commercial and the defense side – many organizations are now finding that they are starting to reach the limit of what they can achieve through traditional cost-containment strategies. As a result, A&D executives are now looking for new approaches to improve efficiency and drive out costs in an era of growth.
At KPMG, we take a long-term and integrated view of strategic cost management to help our clients not just slash costs, but to create the right cost environment for success in the future.