Tier 1 suppliers gain clout by taking risk
The future of both the aero-structures and structural engine component businesses belongs to an elite group of so-called Super Tier 1 suppliers/strategic p

The future of both the aero-structures and structural engine component businesses belongs to an elite group of so-called Super Tier 1 suppliers/strategic partners. According to the latest research from UK consultancy Counterpoint Market Intelligence, the trend has accelerated with the desire of prime manufacturers to deal with smaller groups of more capable suppliers and, more particularly, those with the financial muscle to become risk and revenue-sharing partners in costly new programs.