The global aerospace, defence and security industry experienced a 41% drop in new job postings related to missile defense in Q2 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 14% decrease versus Q2 2022. GlobalData’s Missiles and Missile Defense Systems Market Size and Trend Analysis, Competitive Landscape, and Forecast, 2022-2032 report offers an in-depth understanding of the key market drivers, trends, latest technological developments, and major challenges faced by industry participants. Buy the report here.
Notably, Computer and Mathematical Occupations jobs accounted for a 28% share of the global aerospace, defence and security industry’s missile defense-related total new job postings in Q2 2023, down 36% over the prior quarter.
Computer and Mathematical Occupations drive missile defense-related hiring activity
Computer and Mathematical Occupations, with a share of 28%, emerged as the top missile defense-related job roles within the aerospace, defence and security industry in Q2 2023, with new job postings drop by 36% quarter-on-quarter. Architecture and Engineering Occupations came in second with a share of 18% in Q2 2023, with new job postings dropping by 38% over the previous quarter.
The other prominent missile defense roles include Management Occupations with a 9% share in Q2 2023, Installation, Maintenance, and Repair Occupations with a 4% share of new job postings.
Top five companies in aerospace, defence and security industry accounted for 76% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2023 were Northrop Grumman, RTX, Aerojet Rocketdyne, BlueHalo, and AEgis Technologies Group. Together they accounted for a combined share of 76% of all missile defense-related new jobs in the aerospace, defence and security industry.
Northrop Grumman posted 442 missile defense-related new jobs in Q2 2023, RTX 406 jobs, Aerojet Rocketdyne 154 jobs, BlueHalo 113 jobs, and AEgis Technologies Group 98 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with an 88.92% share of total new job postings, Q2 2023
The largest share of missile defense-related new job postings in the aerospace, defence and security industry in Q2 2023 was in the US with 88.92% followed by Germany (4.85%) and Canada (2.20%). The share represented by the US was eight percentage points higher than the 81.39% share it accounted for in Q1 2023.
For further understanding of GlobalData's Missiles and Missile Defense Systems Market Size and Trend Analysis, Competitive Landscape, and Forecast, 2022-2032 buy the report here.