November 27, 2013
BEFORE & AFTER MARKET (BAM) BLOG: Jet fighters and the family car will have several things in common in the near future. When a disruptive technology is developed, prior generations of similar technologies are significantly impacted. In the consumer market, customers can generally adopt new technologies rapidly if the price point is right. Conversely, higher-value equipment with long operating life times does not have this luxury. Manufacturers of prior generations of military, space, and aerospace equipment may find their supply chain disrupted as cost-conscious vendors adapt to a more volatile market cycle.