The aerospace and defense industry managed to turn in a respectable performance in 2009, despite a severe global recession. Revenues increased by 2%, reaching a record. Deliveries of large commercial aircraft hit an all-time high of 979, despite concerns about available financing. Furthermore, defense spending remained stable and all the large defense primes except EADS reported revenue increases. The economic turmoil, however, required government intervention for ailing enterprises, ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "TPC Commentary: A Respectable Performance By A&D Industry".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.