A&D companies turn to commercial markets for growth as government budget woes intensify
As aerospace and defense suppliers head to this year's Farnborough air show, two of their biggest customers present a stark picture of an industry going in two directions. Boeing Commercial Airplanes is hoping to roll out big orders for its reengined 737 MAX narrowbody jet at the show, further proof of airlines' seemingly insatiable appetite for more efficient aircraft. By contrast, Northrop Grumman, a leading supplier to the Pentagon, will have no formal presence at the event, keeping a low ...
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