AIR133 2023 Commercial Market Outlook – “Listen, don’t mention the war! I mentioned it once, but I think I got away with it all right.”

With 2022 behind us, it is again time  to assess the past twelve months for the aerospace and defense industries, and provide you with our expectations for the coming calendar year. As in last year, the degree of unpredictability with threats and risks remains elevated in the near term. The Russo-Ukrainian conflict has clearly dominated events in 2022, as we had anticipated in our 2022 outlook note last year.

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