:

Business/Financial

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

DDN

Thursday, December 17th, 2009

SHARE:

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…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]