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Article: Hard landing: challenges ahead for U.S. aircraft manufacturers.(Industry Study)
- Article from:
- National Defense
- Article date:
- February 1, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 National Defense Industrial Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* 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 ...