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I don't know about the CB side, but I worked in Aerospace/Defense. Salaries are lower than market, the industry is heavily regulated, and progression seems to be slower (though the industry is older, so they will see a ton of retirements in the next 5-10 years and that might create a vacuum which spurs quick growth). For context on the regulation piece, A&D companies feel like they are run by the government. I moved to the utilities space, which is also regulated, but this company feels like a startup in comparison.

Here is the salary progression. These are not guesses- In one of my roles I had access to detailed salary info by title and location.

Analyst I: $50k-60k depending on where you are located (I saw 47k for super low COL, 60k for high COL).

Analyst II: $60-65k

SFA: 70k-80k (obviously higher if you've been there for 20 years, but this is the starting SFA range.)

Manager I: 90k-100k

Manager II: 110-130k

Sr. Manager: 140k-160k

Director: 200k+

Real bonuses don't start til the Director level. Before that it was just profit sharing.. which was anywhere from 2% to a whopping 5% on a (rare) breakout year. Best I ever got was 3.4%. The good side of A&D is that your job is nearly 100% secure, very laid back, and you most likely can be on the 9/80 schedule (which means you work 80 hours in 9 business days and take the 10th day off. Long weekends every other week). If you are industry agnostic and are looking for the best possible experience for the most growth, I would stay away. Most finance roles in A&D would be called "Cost Accounting" everywhere else. If you want security, decent benefits, and a ton of W/L balance, or if you have a passion for A&D, then go for it.

 

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