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After Gains In 2009, AIA Projects Flat Growth In 2010, Decline In 2011

By Calvin Biesecker The aerospace industry is on its way toward posting modest growth this year, driven by strong military sales and a slight improvement in civil aircraft business, but the outlook for 2010 is basically flat as further increases in military business will largely be offset by a decline in commercial aerospace, the Aerospace Industries Association (AIA) said yesterday. And, in 2011, the overall aerospace sector will experience a decline as a drop-off in civil business due to worsening…

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