The military aircraft industrial base should remain in “good shape” despite ongoing market pressures, but could be harmed by reduced defense spending for future procurement and research and development, according to a new Pentagon report. The Pentagon’s Annual Industrial Capabilities Report provided to Congress last month said projections through 2015 show a steady increase for aircraft procurement as the trend continues to accelerate programs into production to speed overall recapitalization. The report, however, warned that decreases in research, development, testing…
Pentagon Report Sees Strong Aircraft Sector; Struggling Shipbuilding Base
Defense Daily Staff
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