NEW YORK. The global aerospace and defense (A&D) sector is likely to experience stronger growth in 2017, following multiple years of positive yet subdued growth, say analysts with multinational professional-services firm Deloitte.
WASHINGTON. President Donald Trump is reportedly looking to increase defense spending about 10 percent, adding about $54 billion in funding for defense and security while taking the same amount away from non defense programs, according to a CNN report you can read here.
WASHINGTON. Officials at the Aerospace Industries Association (AIA) released their annual “Year End Review and Forecast” for the aerospace industry and AIA President and CEO Marilyn Blakey cautioned that the downward spiral of defense spending and government investment in research and development (R & D) will lead to a “dangerous decline in our highly skilled aerospace and defense workforce.