With the federal government sitting back idly while the Detroit Big Three auto industry runs out of money, will Washington next permit the U.S. aerospace industry to dwindle and decay? That question was asked by Loren B. Thompson, chief operating office of The Lexington Institute, a think tank near the Pentagon focusing on defense and other issues. It is a fact, he wrote, that the aerospace industry is fully dependent for its survival on money flowing from Washington to purchase…
Will Aerospace Be Next Industry That Washington Lets Slide Into Oblivion?
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