INDUSTRY PROFILE Aerospace 6974 S. Lima Street | Centennial, Colorado 80112 | 303.636.1160 | www.adworks.org Engineering • Analysts Information Technology Business Operations • Accountants Auditors • Software Engineers Industry Background The aerospace industry is made up of companies producing aircraft, guided missiles, space vehicles, aircraft engines, propulsion units and related parts. Aircraft overhaul, rebuilding and parts are also included. Other sectors of the economy depend on aerospace businesses and related disciplines for technical skills and technologies that are critical elements of our security infrastructure and to improve America’s position in the global marketplace. Among the issues facing the industry is the impending retirement of many mature workers, who possess experience and intellectual capital. Aerospace businesses must protect the skills base, including improving the basic employability skills of entry level workers. To compensate for this loss of technical talent, Aerospace businesses are concentrating on reducing turnover of skilled workers as well as recruiting new workers who have the advanced manufacturing skills necessary to compete in the industry. Top Occupations Top occupations in this industry include general and operations managers, engineering managers, management analysts, business operations specialists, accountants, auditors and computer software engineers. Regional Growth Regional Occupational Makeup

Engineering Analysts INDUSTRY PROFILE Aerospace Business

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INDUSTRY PROFILE Aerospace

6974 S. Lima Street | Centennial, Colorado 80112 | 303.636.1160 | www.adworks.org

Engineering • AnalystsInformation Technology

Business Operations • Accountants Auditors • Software Engineers

Industry BackgroundThe aerospace industry is made up of companies producing aircraft, guided missiles, space vehicles, aircraft engines, propulsion units and related parts. Aircraft overhaul, rebuilding and parts are also included. Other sectors of the economy depend on aerospace businesses and related disciplines for technical skills and technologies that are critical elements of our security infrastructure and to improve America’s position in the global marketplace. Among the issues facing the industry is the impending retirement of many mature workers, who possess experience and intellectual capital. Aerospace businesses must protect the skills base, including improving the basic employability skills of entry level workers. To compensate for this loss of technical talent, Aerospace businesses are concentrating on reducing turnover of skilled workers as well as recruiting new workers who have the advanced manufacturing skills necessary to compete in the industry.

Top Occupations Top occupations in this industry include general and operations managers, engineering managers, management analysts, business operations specialists, accountants, auditors and computer software engineers.

Regional Growth

Regional Occupational Makeup