Year-End Review and Forecast

 

The event marked a few new milestones for AIA as the industry again
reported strong commercial aircraft sales, with cautionary predictions
for the challenges the industry still faces as limited national security
spending is affecting total industry sales.

 

 

Speech

This year marks the 49th annual year-end event presented by AIA. This annual event provides AIA with the opportunity to address industry change that occurred during the year as well as look forward to upcoming priorities.

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Analysis

The U.S. aerospace and defense industry is facing some of its greatest challenges in decades. While weathering numerous trials during 2013, our industry produced relatively flat results compared with 2012. An overall slight decrease in sales is forecast, reaching $220.1 billion for 2013 – down from $222 billion last year – with only civil aircraft sales showing growth.

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Data Tables