The word avionics is a combination of aviation and electronics. Both the fixed-wing aircraft and rotorcraft highly depend on avionic systems, which consists of electromechanical elements and electronic devices for their operations. For instance, the fly-by-wire control system depends on digital computers for its performance. The avionic systems include equipment for communication, cockpit display, control and monitoring, and navigation and other electromechanical systems. The growing number of innovations in technology have also raised the demand for modern avionics as they offer improved reliability and enhanced functioning. Avionic systems provide pilots with critical data such as aircraft altitude, airstream incidence, and air speed with the help of air data sensors, accelerometers, pilots control stick sensor assembly, rate gyros, and other systems.

我们认为军工及军民融合公司中，受益于雄安新区的凌云股份、巨力索具、乐凯胶片、乐凯新材仍有上涨空间。其中我们重点推荐凌云股份。南海等周边局势如有新的变化，将刺激军工股的阶段性行情，其中海军装备相关公司可重点关注。同时我们继续看好国企及军工领域的改革进程，看好船舶、电科等领域及军民融合的优质公司。基于以上分析，我们近期重点推荐凌云股份、大立科技、四创电子、久之洋等。 

根据网易新闻报道，4月1日,发改委内改革专题会议指出，着力抓好混合所有制改革试点，尽快批复实施试点方案，在军工等领域迈出实质性步伐，形成一批典型案例，形成可复制可推广的经验。“要把握进度，倒排时间表，争取做到5、6月份改革方案全部报出、党的十九大之前出台实施。”

3月30日下午，国防部新闻发言人吴谦大校在国防部举行例行记者会上提到“我国首艘国产航母正在开展舾装工作，进展非常顺利”。对于是不是4月23日海军建军节下水的问题，吴谦表示“相信不会让大家久等”。

Drones are UAVs that are flown and controlled using handheld or GPS remote controls. The accelerometers attached to the drones help in controlling the drone while it is flying. Drones are used for surveillance, rescue missions, high-altitude photography, natural or man-made disaster management, product delivery, monitoring, internet connectivity, and photography and entertainment. With technological advances, drones have gradually evolved in terms of their design, data processing and analyzing capabilities, and operation duration. Drones manufactured in 2015 can capture and process HD videos and pictures. They can also collect surveillance data in real time. Drones are very economical. They help consumers save time and money.

MRO plays an important role in extending the life of an aircraft by increasing the operational efficiency. It includes services such as overhaul, routine check-up, inspection, repair, and modification of aircraft and their components. These services assure the safety and airworthiness of aircraft. MRO services are conducted on engines, airframe, and components and involve careful examination to detect damages or corrosions caused inside the skin of the aircraft, engine valves, and all the parts where an extensive check is required.

EMEA and the Americas dominate the global computational fluid dynamics (CFD) markset in the aerospace and defense industry. The presence of aerospace and defense companies in the US and Germany is the major factor driving the market.The increased need for CFD in the R&D of aerospace and defense industry is driving the market. The National Aeronautics and Space Administration (NASA) plays a major role in the growth of the CFD market in the aerospace and defense industry.Growing military expenditure due to increased security threats and the growth of cloud CFD are some of the major driving factors in the market.The market faces several challenges such as inaccuracy of CFD calculations in certain scenarios such as turbulent flow analysis.The growth of small and medium enterprises (SMEs) in the aerospace and defense industries such as SpaceX is a major trend in the market, which is expected to create a positive growth in the market.

The global computer-aided design (CAD) market in the aerospace and defense industry is highly driven by the increase in defense spending in 2015 and 2016 by countries such as the US, France, and China. For instance, France is expected to increase its defense spending by $660 million by 2017. This is expected to drive the R&D in this industry, which will increase the demand for CAD software.The demand for CAD software is expected to be high due to increasing demand for passenger aircraft worldwide. The number of flight passengers will increase globally during the forecast period; hence, many airline companies will require more passenger aircraft. As CAD is used for expediting the whole manufacturing process of aircraft, the demand for the software will be high.The implementation of CAD software and its training are expensive. This acts as a major drawback, especially in the APAC market where major end-users are small and medium-sized enterprises (SMEs), which have budget constraints.

Lighter airframe construction, reliable avionics, efficient power supply, and greater modularity are expected to reduce the cost of business jets.The impact of 3D metal printing is expected to be significant over the forecast period. It will likely be one of the most crucial steps toward discovering new possibilities for design and manufacturing of business jet parts and its associated components.In recent years, the business jet industry has witnessed an increase in the market dynamics. It is expected to continue in the future, as weaker players that are unable to provide technological and service innovations leave the business,bolstering the presence of large companies.In this report, Technavio covers the present scenario and growth prospects of the global business jet market for 2016-2020 (considering 2015 as the base year). The market size has been calculated from the revenue generated by the sales of business jet aircraft. The average price of light business jet, mid-size business jet, and large business jet has been taken into consideration for estimating the market revenue.

The growing regional frictions and extremist attack tensions in Asia (especially in the South China Sea and the Atlantic Ocean) are driving the need for aircraft carriers.The accelerated use of nuclear energy to power aircraft carriers is a major driver of the market. The use of nuclear energy is cheaper compared with diesel and will result in increased power and reduced greenhouse missions.The introduction of Electromagnetic Aircraft Launch System (EMALS) is an emerging trend in the market because it is light; energy efficient; requires lesser space, low maintenance, and workforce; and effectively enables aircraft launch.The Gerald R. Ford aircraft carrier, developed by Huntington Ingalls Industries, is a major product in the market that will replace some of the Nimitz-class ships of the US Navy.