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Business/Financial

Aerospace Sales Seen Rising This Year And Next, AIA Forecasts

By Cal Biesecker

Wednesday, December 17th, 2014

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Aerospace Sales Seen Rising This Year And Next, AIA Forecasts

Incoming President and CEO of Rolls-Royce North America Marion Blakey. Photo: AIA

After a slight decline in 2013, U.S. aerospace sales are expected to increase in 2014 and 2015, driven mainly by the commercial aircraft sector this year and a combination of the commercial and military sectors next year, the Aerospace Industries Association (AIA) predicts in their annual year-end forecast. Sales related to military aircraft, missiles and space products are seen increasing less than 2 percent this year to $121.2 billion, driving by solid gains in space systems, which will more than…

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