ABSTRACT

Industrial College of the Armed Forces: Industry Studies 2000: Aircraft   [open pdf - 690KB]

The U.S. aircraft industry has long been a critical enabler of U.S. political and military power and remains one of the most pervasive industries within the U.S. economy. However, continued U.S. dominance in the global aircraft market is uncertain. After a decade of mergers and downsizing, the industry's four main sectors--commercial fixed-wing aircraft, military fixed-wing aircraft, rotary-wing aircraft, and jet engines--are entering a head-to-head competition with Europe from a strategically weakened position. To ensure profitability and maintain market dominance, aerospace manufacturing companies are striving to improve profit margins by streamlining production processes, reducing overhead costs, and entering into strategic partnerships to stimulate revenue-generating opportunities. Many of these innovations are indeed yielding new profit centers. Nevertheless, U.S. dominance of the global aircraft market has eroded to the point that vigorous action is required by industry and government to preserve this vital element of national power.

Publisher:
Date:
2000
Copyright:
Public Domain
Format:
pdf
Media Type:
application/pdf
Source:
Industry Studies 2000
URL:
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