The global aerospace, defence & security industry experienced a 4% drop in company filings mentions of future of work in Q1 2024 compared with the previous quarter, with the highest share accounted for by Kongsberg Gruppen with 15% year-on-year decrease, 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, future of work was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of artificial intelligence and industrial automation, according to GlobalData.
Of the top leading companies in the aerospace, defence & security industry, Kongsberg Gruppen had the greatest increase in references for future of work in Q1 2024, compared with the previous quarter. GlobalData identified 17 future of work-related sentences in the company's filings - 0.4% of all sentences - and a decrease of 15% in Q1 2024 compared with Q1 2023. Saab’s mentions of future of work dropped by 32% to 15 and Rheinmetall’s by 67% to 7 and BAE Systems’s by 33% to 6.
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 future of work in Q1 2024 was 87.
For further understanding of GlobalData's Aerospace, Defense & Security: Filings Trends & Signals Q1 2024, buy the report here.
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