Aerospace and Defense Industry Grows in 2017 and on Track to Continue in 2018

The Aerospace Industries Association released its 2018 Facts & Figures
report today, detailing positive growth in the aerospace and defense
industry for 2017.

This press release features multimedia. View the full release here:

“2017 was a very strong year for our industry and 2018 is shaping up to
be even stronger,” said AIA President and CEO Eric Fanning. “America’s
aerospace and defense companies are expanding research and development
and ramping up production to meet growing international and domestic
demand, while the U.S. government is increasing its investments in
defense and space.”

Here are some of the key highlights from this year’s report:

“The A&D industry plays a critical role in securing America’s national
security, in driving our economy, in leading global innovation, and in
inspiring people around the world to dream big dreams. We’re proud of
the work we do,” Fanning said.

2018 Facts & Figures: The U.S. Aerospace & Defense Industry, published
with the support of IHS Markit, offers a snapshot of the health of the
aerospace and defense industry. Read the full report here:

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