Aerospace and defense companies face unprecedented disruption on multiple fronts. To remain at the forefront of innovation and develop technologies for the future, companies in this sector must embark on a transformative journey. Our professionals provide solutions to help you rethink your business strategy, navigate digitization, and improve your operations.
Aerospace and defense is one of the most dynamic and transformative industries. As a truly global market, it spans commercial aviation and advanced defense and security systems, where suppliers and operators constantly face intense financial pressure and customer demand.
| At Mazars, we offer specific skills and tailor-made solutions to help you improve your performance and reach your targets. We have proven experience in the aeronautics, space and defense sectors, where we work with manufacturers, suppliers and MRO companies of all sizes, as well as industry organizations and ministries and departments of defense worldwide. When we work with you, we bring together experts from across our international network to provide advice and guidance that secures your future competitiveness. |
Offering a range of audit, tax and advisory services, we have the solutions to help you meet the challenges you face:
Mazars provides custom tailored solutions at cost effective prices to address our aerospace client's unique concerns. We leverage a globally staffed 24/7 Cybersecurity Fusion Center to extend the benefit of intelligence-driven services led by a team of dedicated and certified security analysts and specialists. We have a unique global reach, with cybersecurity services in over 15 countries to support an integrated service offering across borders. Our clients have access to a full range of cybersecurity experts including expertise in data privacy and GDPR.
We can assist you navigating through the new revenue recognition standards (ASC 606, IFRS 15) which impact your financial statements as well as with margin at completion business modeling, complex contracts reviews and addressing any specific accounting questions related to these long-term contracts.
Our specialists work with you to secure program and infrastructure financing, optimize and secure your global supply chain, and deploy new financing solutions such as reverse factoring.
We can help you establish new businesses or move into emerging and growth markets, identify new product range, and ensure the success of your acquisitions and partnership projects.
It is vital that your business is robust. We can work with you to digitalize your operations and harness data to improve productivity. We can also review your investment projects, put in place internal controls and risk management procedures, and conduct reviews to improve decision-making and fraud prevention.
New growth engines, reduced exposure to fluctuations in the U.S. currency, and lower production costs: these are just some of the many opportunities that international development strategies offer players in the aerospace industry.
As engaged observers of the sector's developments within the Mazars aerospace community, we met Bart Claus, Business Development Director at Air France Industries KLM Engineering & Maintenance, the MRO branch of the Air France KLM group, who gives us his assessment of the developments, opportunities and challenges that come with the use of big data in the aerospace sector and its ecosystem.
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