Aerospace & Defense

Strategic Navigation

Lockton's expert Aerospace & Defense team partners with government contractors around the world to strategically navigate the risks associated with a dangerous geopolitical landscape.

The global aerospace and defense industry stepped into the limelight following the emergence of a worldwide terrorist threat, when we began to see the dramatic outsourcing of work once performed primarily by the U.S. government and other states.

Delivering Results

• Identifying and mitigating insurable risks arising out of a constantly shifting operating environment.
• Working with seasoned contracts professionals to not only transfer risk, but also more accurately price bid proposals in light of a shift to lowest price technically acceptable procurement and fixed price contract vehicles.
• Adopting a holistic view of international deployments to include global employee benefits, foreign workers' compensation, defense base act, personal accident and kidnap & ransom.
• Designing bespoke professional liability/professional indemnity and cyber/privacy liability programs to keep pace with diversifying business needs and more sophisticated threats.