AIA: Exports Key To U.S. Aerospace Recovery
By Joseph C. Anselmo janselmo@aviationweek.com, Madhu Unnikrishnan madhu_unnikrishnan@aviationweek.com
WASHINGTON, WASHINGTON
The U.S. aerospace industry is recovering faster than expected from the global economic downturn, but future growth will hinge on companies’ ability to capture more overseas business as the Pentagon’s budgets are constrained, according to the Aerospace Industries Assn.’s (AIA) annual forecast.
The industry’s revenues are expected to grow 1% this ...