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

Cal Biesecker By
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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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