Artificial intelligence (AI) is transforming the aerospace, defense, and security industry by driving innovations in efficiency, safety, and decision-making. Recent trends show significant developments in AI-related deals, talent acquisition, and patent filings. Diverse AI applications are enhancing operational effectiveness and situational awareness in defense operations. The impact of AI extends beyond the aerospace, defense & security sector, influencing various industries. GlobalData’s artificial intelligence market report provides comprehensive analysis of the market. Buy the report here.
This article presents a quarterly round-up of the latest trends in the aerospace, defense & security industry regarding AI. It provides an overview of recent developments in AI-related deals, talent acquisition, and patent filings within the aerospace, defense & security industry.
Diverse applications of artificial intelligence in aerospace, defense & security industry
Defence companies are leveraging new artificial intelligence technologies through recent patents to innovate and enhance their operations. For example, Walmart Inc has patented a system for textual analysis of images using CNN-based models to analyze text regions in images. Mitsubishi Electric Corp has patented a flying object coping system that utilizes monitor satellites and communication satellites to track and respond to flying objects. These technologies enable more efficient monitoring and response capabilities for Defence companies, improving situational awareness and operational effectiveness. Skydio Inc's patent for a visual observer for unmanned aerial vehicles demonstrates advancements in AI-powered surveillance and object detection, enhancing security and reconnaissance capabilities. Overall, these patents showcase the potential for AI technologies to revolutionize Defence operations.
The industry experienced a 19% decline in the number of AI-related patent applications in Q1 2024 compared with the previous quarter. On an annual basis, the number of AI-related patent applications in the aerospace, defense & security industry witnessed a rise of 3% compared with Q1 2023.
Strategic deal trends in artificial intelligence in aerospace, defense & security industry
Aerospace, Defense & Security companies are not only focusing on innovation to enhance their patent portfolios but are also making strategic investments in AI. These investments aim to secure lucrative deals with partners and position themselves at the forefront of industry advancements. Some of the recent deals underscore the importance of AI in the aerospace, defense & security industry.
In Q1 2024, the number of AI-related deals in the aerospace, defense & security industry declined by 50% compared with Q1 2023. On a quarterly basis, there was 55% drop in the number of deals in Q1 2024 compared with the previous quarter.
Impact on hiring
In terms of new job posting, in Q1 2024, the aerospace, defense & security industry experienced a 65% growth compared with the previous quarter. On an annual basis, job postings also grew by 68%. Notably, computer and mathematical occupations, with a share of 26%, emerged as the top AI-related job roles within the aerospace, defense & security industry in Q1 2024, with new job postings rising by 42% quarter-on-quarter. Architecture and engineering occupations came in second with a share of 12% in Q1 2024, with new job postings rising by 16% over the previous quarter. The other prominent AI roles include management occupations with an 8% share in Q1 2024, and business and financial operations occupations with a 5% share of new job postings.
General Dynamics, Huntington Ingalls Industries, CAE, Boeing, and Leidos are among the top companies leading in AI hiring within the aerospace, defense & security industry.
Countries driving adoption of artificial intelligence in aerospace, defense & security industry
The US is the leading country in AI adoption within the aerospace, defense & security industry, boasting the highest number of AI-related patents, jobs, and deals. Meanwhile, Brazil, Turkiye, Norway and China also maintain significant positions in AI adoption within the aerospace, defense & security industry.
In conclusion, AI is significantly advancing the aerospace, defense, and security industry through innovations, strategic investments, and increased hiring, despite recent fluctuations in patent filings and deal activities. The US leads in AI adoption, playing a crucial role in the industry's technological progress.
To further understand GlobalData's analysis on artificial intelligence in the aerospace, defense & security industry, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
