Changing Market Forces Send The Military/Aerospace Sector Marching

摘要

Take even a cursory look at the military/aerospace market and you would think business is pretty good, with almost a daily sprinkling of announcements of contract awards for mostly system upgrades, but also new-start programs. Yet that may be about to change. The Pentagon announced in early January that it plans to cut $78 billion in defense spending over the next five years. And this doesn't include the $100 billion in proposed cost savings the Department of Defense (DoD) began working on last year to cut poorly performing weapons programs.