Why bigger is better for aerospace companies

Flight International’s latest report on the biggest companies in aerospace underscores a powerful reality about the industry: the big are getting bigger. In revenue terms, number-one-ranked Boeing has broken through the $100 billion ceiling, and ­billion-dollar-plus firms now make up two-thirds of the Top 100. Organic growth is broadly real, but only part of the story, because what is really driving this up-sizing are mergers and acquisitions.