The global aerospace, defence & security industry experienced a 78% drop in company filings mentions of COVID-19 in Q1 2024 compared with the previous quarter, with the highest share accounted for by Airbus with 175% year-on-year increase, according to GlobalData’s analysis of over 69 aerospace, defence & security company filings. GlobalData’s Aerospace, Defense & Security: Filings Trends & Signals Q1 2024 report delves into earnings call transcripts and quarterly reports within the industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, COVID-19 was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of future of work and artificial intelligence, according to GlobalData.
Of the top leading companies in the aerospace, defence & security industry, Airbus had the greatest increase in references for COVID-19 in Q1 2024, compared with the previous quarter. GlobalData identified 33 COVID-19-related sentences in the company's filings - 0.4% of all sentences - and an increase of 175% in Q1 2024 compared with Q1 2023. General Dynamics’s mentions of COVID-19 dropped by 43% to 13 and RTX’s by 79% to 8 and General Electric’s by 68% to 6 and Kongsberg Gruppen’s by 67% to 5.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for COVID-19 in Q1 2024 was 54.
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For further understanding of GlobalData's Aerospace, Defense & Security: Filings Trends & Signals Q1 2024, buy the report here.
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