As is often the case, this year’s ranking of the world’s largest aerospace manufacturers by revenue has a familiar feel, with the top eight companies staying in the same position as last year and only small movements throughout most of the list. The industry is dominated by big beasts and – unlike sectors such as internet technology, retailing and even aviation – the government-influenced, long-term-development, high-entry-costs nature of global aerospace manufacturing makes it very difficult for disruptive market entrants to break that grip. With the odd exception of visionaries such as SpaceX’s Elon Musk, there are few Facebooks or Ubers in aerospace.
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