2023 Verification Mangement in Aerospace and Defense Programs Study

About the Study:

Lifecycle Insights conducted the Verification Management in Aerospace and Defense Programs Study. The study surveyed over 148 respondents to gain insights into common disruptions and examined how A&D professionals recover their losses when programs experience delays. Additionally, the study aimed to understand the frequency of disruptions in A&D programs and their impact on the industry. The survey respondents represented the aerospace industry.

Study Demographics:

The findings of this study were based on 148 respondents in the aerospace industry.

Respondents’ company revenues varied widely, but most were under $2B to $5B (61%), $1B to $2B (13%), over $5B (10%), $250M to $1B (8%) and between $100M and $250M (6%).

Methodology:

Lifecycle Insights employed its proven benchmarking methodology in this quantitative research study. This methodology includes:

• the development of a neutral-language survey instrument that captures an accurate, impartial state of the industry for the given program’s scope using Lifecycle Insights’ best practices and library of questions;

• the careful recruitment and screening of qualified respondents that represent the target stakeholders for this program’s parameters using Lifecycle Insights’ third-party partnerships;

• the review, cleansing, and validation of respondent’s answers using Lifecycle Insights’ internal flagging system;

• the explorative development of indices and cohort definitions to iteratively isolate correlated sets of performance and practices using Lifecycle Insights’ benchmark approach; and

• the calculation, analysis, and group review of the study’s findings to vet and distill takeaways using Lifecycle Insights’ processes and procedures.