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Three Years After COVID-19, How Are Aerospace Finances?

Michael Bruno June 12, 2023
financial graphic

In what would have been a surprise to anyone in 2020, A&D in 2023 is financially stable as a whole and anticipating growth.

Credit: smshoot/Getty Images
The news in May was stark and confirmed so many expectations: Virgin Orbit—a scion of Richard Branson’s new-space ambitions and once a darling of the special-purpose acquisition company frenzy—was sold off in pieces in U.S. bankruptcy court for the modest sum of $36 million. Meanwhile, Incora, a...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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