Military aircraft segment insulated from recession woes
Turmoil may have hit the world’s financial community at the end of 2008, but the market outlook for fighters remains stable. Worldwide, industrialized nations are currently in the process of a major re-equipment cycle, and the long-term nature of fighter procurement programs will shelter them from the effects of the financial crisis and recession hitting many other sectors of the aviation market. In the U.S., despite the desire of Defense Secretary Robert M. Gates to transition the ...
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