Everyone is aware that aerospace is the way of the future. Aerospace is not just about current air dynamics; it is also connected with space technology. The world is getting smaller by the minute. The earth is getting populated. The day will come when man will look for alternative living space similar to our own that is located somewhere in another galaxy. This may sound like science fiction to some but it is becoming more realistic every day for many people. So, how do these scientists come up with these ideas? This is where aerospace metrics come into play.These metrics define the purpose of the program as well as the reasons why such equipment and machineries are created. The whole system itself was designed to help the upper level managers or directors shape their decisions on how and where the whole program is headed. Hitting the metrics is also a very good indicator that the whole program is progressing and successful.The very first metric pertains to monetary constraints. Not every country can avail of technology. The whole industry is very expensive in terms of materials and skills of the people involved. The facilities themselves are quite expensive to build and maintain, and the economic situation of a particular society dictates the degree of advancement of its aerospace technology. Even the market for goods and services is very unsteady. If you look at it at a different angle, you would probably realize that it is more like the research and development department of a company. Basically, it all boils down to the economic power of a society. Although there are other rich countries, they leave these concerns to the poor countries. The forefront for advancement is these countries. The rest of the world will just follow.Information is another metric that is very important. In most cases, information acquired here is raw and fresh. The information will be processed and distributed to the people concerned. The success of the whole program depends on the ability of the aerospace industry’s ability to quickly and efficiently process and distribute information.The defensive structure is a key component in the well being of a country. In some countries, aerospace has become an integral part of its defensive structure. In this kind of situation, it is very hard to separate military from non-military use. Take, for example, the United States. It is a known fact that they are the frontrunners in aerospace technology. The quality and sophistication of its military aircraft is unmatched anywhere in the world. They have even begun to go beyond Earth’s atmosphere and master the delivery of state-of-the-art satellites. Who knows what else they already have? Since the United States is number one in terms of military power, other countries are looking up to the them. A select few resort to espionage and theft to at least be at par with them. Any failure of security in safeguarding its technology from theft and espionage is a big blow to its defense and economic situation.As with other industries and situation, there must be constant innovation of processes and tools. On the managerial level, it is very important to constantly update its ability to make decisions. As the degree of advancement of the whole industry becomes faster and faster, new managerial techniques and skills should be developed.Aerospace metrics are very important part in the success and advancement of aerospace technology itself. By developing them, everybody will have common standards, goals, and objectives that will ensure the progress of the whole industry.