|New year in aerospace|
Lockheed ranked in the top 10% of the 2500 public traded companies eligible for the recognition on the world index. It is one of five aerospace and defense companies worldwide to earn a spot on the highly respected index.
Being named top sustainability company in the RobecoSAM 2015 Sustainability Yearbook (page 42) indicates that Lockheed is a top performing company in the Aerospace & Defense industry. It is notable, sustainability does matter.
Sustainability in aerospaceThe RobecoSAM 2015 Yearbook discusses aerospace & defense industry as a "profitable yet challenging business."
The forecast is that global cuts in government spending, especially in the United States, will put significant financial pressure on companies, forcing them to realign their strategies and diversify their business models. The commercial aerospace segment remains lucrative, with a strong demand for fuel-efficient next generation products. (Cooperation with both customers and suppliers remains a key driver of innovation, interestingly).
Product stewardship, life cycle management and operational eco-efficiency have become key requirements for both commercial and military applications, says the report. The call for alternative fuels and propulsion technologies is increasingly becoming a question of not only operating costs and mitigating supply chain risk, but one of national security and public policy.
Governance, compliance and bribery issues remain a threat to companies involved in the manufacture and sale of aerospace and defense products. Numerous scandals in the past years and investigations by authorities have led to a call for increased transparency and accountability by these companies. The sensitive nature of the business and the importance of this industry to national governments increase the public scrutiny around companies operating in this space.
Let's try something new — get the full report using this QR code:
(point your smartphone at it and... close your eyes and hope it works!)