The North American aerospace, defence and security industry experienced 0.66% rise in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by General Dynamics with 7,544 job postings, according to GlobalData’s analysis of aerospace, defence and security company job postings. GlobalData’s Aerospace, Defense & Security: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Computer and Mathematical Occupations jobs accounted for a 14% share of the North American aerospace, defence and security industry’s total new job postings in Q2 2024, rise 6% over the prior quarter.
Computer and Mathematical Occupations drive aerospace, defence and security industry hiring activity
Computer and Mathematical Occupations, with a share of 14% new job postings, was the occupation with the greatest hiring activity in the North American aerospace, defence and security industry in Q2 2024 , ahead of Architecture and Engineering Occupations with a 14% share of new job postings.
The other prominent roles included Management Occupations with an 8% share in Q2 2024, Production Occupations with a 7% share and Business and Financial Operations Occupations with a 7% share of new job postings.
Top five companies accounted for 42% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 42% of the overall hiring activity in the North American aerospace, defence and security industry in Q2 2024.
General Dynamics posted 7,544 jobs in Q2 2024 and registered a growth of 19% over the previous quarter, followed by RTX with 5,750 jobs and a 19% drop. Lockheed Martin, with 5,156 jobs, and Northrop Grumman, with 3,715 jobs, recorded a 57% rise and a 12% drop, respectively, while Boeing recorded a 5% decline with a 3,473 new job postings during Q2 2024.
Regional analysis of hiring in the North American aerospace, defence and security industry, Q2 2024
The US held the leading share of the North American aerospace, defence and security hiring activity with a 94.03% share, 0.32% decrease over Q1 2024. Canada was next with 5.17%, four-percentage-point up over the previous quarter.
For further understanding of GlobalData's Aerospace, Defense & Security: Hiring Trends & Signals Q2 2024, buy the report here.
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