ABSTRACT

In Touch with Industry: ICAF Industry Studies 1998: Aircraft   [open pdf - 1012KB]

The domestic aircraft industry is one of the US strongest strategic assets that underpins our national defense and economic power. The strength of US national security strategy rests on America's unmatched heavy lift and combat airpower. Aircraft production is a crucial component of the economy, generating 1.2% of GDP and 6.5% of US export sales. The global industry is coping with significant restructuring, shrinking supplier base, increased international competition, and divergent market trends for commercial and military aircraft, and changing government roles. The industry restructuring is occurring as companies merge and shed noncore business activities to reduce costs and become more competitive in the global market. Some countries are undergoing increased privatization of their industries, while others are dealing with an expanded government role in protecting key industrial capabilities. This analysis focuses on these challenges and their impact on the fixed wing, rotary wing, and engine sectors of the industry.

Publisher:
Date:
1998
Copyright:
Public Domain
Format:
pdf
Media Type:
application/pdf
Source:
ICAF Industrial Studies 1998
URL:
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