The global aerospace, defence and security industry experienced a 4% drop in new job postings in Q2 2023 compared with the previous quarter, with the highest share accounted for by RTX with 13,760 job postings according to GlobalData’s analysis of aerospace, defence & security company job postings. Buy the report here.
Notably, Computer and Mathematical Occupations jobs accounted for a 14% share of the global aerospace, defence and security industry’s new job postings in Q2 2023, down 13% over the prior quarter.
Computer and Mathematical Occupations drive aerospace, defence and security hiring activity
Computer and Mathematical Occupations, with a share of 14%, was the occupation with the greatest hiring activity in the global aerospace, defence and security industry in Q2 2023, ahead of Architecture and Engineering Occupations with a 13% share of job postings.
The other prominent roles include Management Occupations with an 8% share in Q2 2023, Business and Financial Operations Occupations with a 10% share and Production Occupations with a 5% share of new job postings.
Top five companies in aerospace, defence and security industry accounted for 40% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 40% share of the overall hiring activity in the global aerospace, defence and security industry in Q2 2023.
RTX posted 13,760 jobs in Q2 2023 and registered a drop of 27% over the previous quarter, followed by Safran with 6,844 jobs and a 111% growth. Northrop Grumman with 6,043 jobs and Thales with 4,741 jobs, recorded a 7% growth and a 58% rise, respectively, while Leidos recorded a 49% drop with 4,446 job postings during Q2 2023.
Hiring activity was driven by North America with an 62% share of total new job postings, Q2 2023
North America held the leading share of the new job postings in the global aerospace, defence and security industry with an 62% share, a 10% lower over Q1 2023. Europe stood next with 30%, registering a 45% growth over the previous quarter.
Asia-Pacific with a 6% share marked a 3% drop over Q1 2023. The Middle East & Africa and South & Central America accounted for shares of 20% and 5% respectively.