Smart technologies are going to play a significant role in transforming societal values in the future of aerospace and aviation. As technological sophistications continue, the industry would experience massive innovations and improved profitability. Several smart technologies are likely to dominate the industry in the future, including artificial intelligence (AI), Internet of things (IoT), blockchain, automation, and big data analytics. Artificial intelligence is transforming the way in which the aviation industry operates. AI can handle complex tasks, including air traffic control, weather prediction, and anomaly detection. This functionality enhances productivity, efficiency, and safety. IoT is another critical technology that is transforming the industry. The technology provides a way to optimize fuel consumption, enhance the customer experience, provide operational visibility and support real-time decision-making. Blockchain technology is another emerging concept in the aerospace industry that is transforming the industry's supply chain management. This technology can provide secure and transparent information sharing, reducing the chance of fraud and data breaches. Automation, on the other hand, provides an opportunity for improved safety, reliability, and operational efficiency. Automation systems can monitor and control various aircraft systems, reducing the need for human intervention. Big data analytics is playing a vital role in improving the safety and decision-making process in the aviation industry. Big data analytics can provide meaningful insights into complicated systems and uncover emerging patterns and trends that can help the industry anticipate problems and prevent disasters. While smart technologies are transforming the industry, their implementation depends on several factors such as return on investment, regulatory compliance, and security. Ensuring the safety, security, and privacy of sensitive information will be fundamental to the successful implementation of these smart technologies. Additionally, collaboration and partnerships among key players will be critical in ensuring seamless integration of these technologies. In conclusion, smart technologies are transforming the aerospace and aviation industry. The ability of these technologies to enable better decision-making processes, improve safety, efficiency, and productivity will allow the industry to better achieve its objectives. Ensuring cost-effectiveness, regulatory compliance, and the highest standards of safety and security will be essential for the successful implementation of smart technologies in the industry.