The year-end 2016 reporting season for the U.S. aerospace and defense sector is almost finished, and the Europeans’ are due to begin in the next couple of weeks. Most companies in the sector have provided guidance to investors, when announcing their 2016 fourth-quarter results, on the financial performance they should expect over the next 12 months. Here is a recap of the forecasts for broader industry trends in 2017—and where these forecasts could be wrong. Large Commercial ...

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