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AIA Forecasts $1.6 Billion Gain for U.S. Aerospace in 2001

The Aerospace Industries Association of America says the U.S. aerospace industry will grow by $1.6 billion in 2001 to post annual sales of $145 billion. Sales to the U.S. Dept. of Defense will increase by $2.2 billion to $48 billion, AIA predicts, with NASA and non-defense federal spending dipping $1.5 billion to $11.4 billion. Sales to customers other than the U.S. government will rise slightly to $62 billion. Some 3,827 aircraft will be delivered with a value of about $41 billion.

   
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