:

Business/Financial

Aerospace Sales Seen Rising This Year And Next, AIA Forecasts

By Cal Biesecker

Wednesday, December 17th, 2014

SHARE:

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…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]