According to the annual report released by the European Aerospace and Defense Industry Association on the 2nd, the total turnover of the European aerospace and defense industry in 2024 was 325.7 billion euros, an increase of 10.1%, and the number of people directly employed in related industries reached a record 1.103 million people. According to the report data, the strong growth in 2024 was mainly due to the defense industry, whose turnover increased 13.8% to 183.4 billion euros. This increase is mainly due to increased military aid to Ukraine and overall expansion of defense spending in many European countries. In the aerospace sector, the European space industry's turnover increased 3.1% year on year to 13.2 billion euros in 2024; the civil aviation sector grew 6%, with a turnover of 129.1 billion euros, driven by a recovery in air transport and increased market demand for energy-efficient aircraft, but supply chain bottlenecks, labor shortages, and high energy costs still exist.

According to the annual report released by the European Aerospace and Defense Industry Association on the 2nd, the total turnover of the European aerospace and defense industry in 2024 was 325.7 billion euros, an increase of 10.1%, and the number of people directly employed in related industries reached a record 1.103 million people. According to the report data, the strong growth in 2024 was mainly due to the defense industry, whose turnover increased 13.8% to 183.4 billion euros. This increase is mainly due to increased military aid to Ukraine and overall expansion of defense spending in many European countries. In the aerospace sector, the European space industry's turnover increased 3.1% year on year to 13.2 billion euros in 2024; the civil aviation sector grew 6%, with a turnover of 129.1 billion euros, driven by a recovery in air transport and increased market demand for energy-efficient aircraft, but supply chain bottlenecks, labor shortages, and high energy costs still exist.