Planning for and minimizing the costs of obsolescence in military and aerospace applications - Story
September 06, 2023Military and aerospace supply chains are facing greater challenges than ever before, as systems in these arenas require longer development times and have longer production life cycles than any other industry. The industry must work to overcome such obstacles as component obsolescence in aging systems, prioritization of funding for long-term procurement and maintenance, coordination on the timing of and transition to newer systems, and lengthened budget cycles.