Dodging the sequestration bullet somewhat, the U.S. aerospace industry will turn in 18% stronger profits for 2013 despite slightly slower sales, powered by a civil sector rebound which swelled the U.S. aerospace trade surplus to record levels, the Aerospace Industries Association says in its preliminary report card on the sector. “Significantly, a nearly $5 billion increase in civil aircraft sales was offset by a nearly $4 billion decrease in military aircraft sales, and a $2 ...

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