Being a highly technical industry, the aerospace industry is committed to investing in research and development. Indeed, in 2018, the aerospace industry invested $1,4 billion in R&D.
Therefore, most aerospace companies’ R&D programs are focused on developing unique aircraft-related technologies. For example, this ranges from the design and production of regional business aircraft to space robotics.
In order to maintain this level of leading-edge technological development, it is necessary for aerospace companies to access government funds to finance their innovation projects.
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70
Experts en financement