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Hard landing: challenges ahead for U.S. aircraft manufacturers.(Industry Study)

* The U.S. aviation industry plays a key role in today's global economy. It makes up about 9 percent of the country's gross domestic product and generates more than 11 million U.S. jobs.

But the industry must prepare to face several major challenges, according to a recent study by a group of military officers and civilians from the Industrial College of the Armed Forces.

The ICAF team identified six major issues that, if unaddressed, could threaten the aircraft industry's long-term health. These include: the aging and declining workforce; restrictive regulations and complicated export control processes; defense acquisition instability; declining aerospace research ...

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