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Aerospace Sales Level In 2013 But AIA Predicts Rise In 2014 Led By Civil Aircraft

Aerospace Sales Level In 2013 But AIA Predicts Rise In 2014 Led By Civil Aircraft
Incoming President and CEO of Rolls-Royce North America Marion Blakey. Photo: AIA

Pressure on spending for military and space products and services more than offset solid demand for commercial aircraft leading to a slight reduction in overall United States aerospace sales in 2013 but demand is expected to pick up leading to a solid gain for the aerospace industry in 2014, according to the Aerospace Industries Association (AIA). AIA said that overall sales will hit $220.1 billion this year, down just less than a percent from $222 billion in 2012, before rebounding…

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