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Aerospace Growth Better Than Expected In 2011, But AIA Sees Flat 2012

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The U.S. aerospace industry had a better than expected 2011 in terms of overall sales, driven by gains in all key, sectors but the outlook for 2012 appears flat, the Aerospace Industries Association (AIA) said yesterday in its annual Year End Review and Forecast. Sales this year are expected to reach $218.1 billion, nearly 4 percent higher than the $210.6 billion in 2010, AIA reported. The top line growth is translating to strong bottom line results, with net profits forecast…

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