The global aerospace, defence & security industry experienced a 28% drop in company filings mentions of electronic warfare in Q1 2024 compared with the previous quarter, with the highest share accounted for by BAE Systems with 22% year-on-year decrease, according to GlobalData’s analysis of over 21 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, electronic warfare was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of sharing economy and edge computing, according to GlobalData.
Of the top leading companies in the aerospace, defence & security industry, BAE Systems had the greatest increase in references for electronic warfare in Q1 2024, compared with the previous quarter. GlobalData identified 18 electronic warfare-related sentences in the company's filings - 0.4% of all sentences - and a decrease of 22% in Q1 2024 compared with Q1 2023. Saab’s mentions of electronic warfare rose by 15% to 15 and L3Harris Technologies’s by 43% to 4 and Northrop Grumman’s by 78% to 2 and General Dynamics’s by 50% to 1.
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 electronic warfare in Q1 2024 was 98.
For further understanding of GlobalData's Aerospace, Defense & Security: Filings Trends & Signals Q1 2024, buy the report here.
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