As U.S. aerospace sales and profits reach new highs, industry thinks backlog protects it from downturn, for now
U.S. aerospace has attained peak after peak in significant business-performance measures during the past few years, and the Aerospace Industries Assn. (AIA) sees more of the same in 2008. Issuing projected results for 2007 and estimates for next year, the association believes sales will wind up within an eyelash of $200 billion this year and exceed that milestone in 2008. The revenue drive is led by commercial aviation, as civil aircraft sales are projected to exceed those of military ...
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