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Industry Focus: Global Aerospace Production Soars To New Heights

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According to Deloitte’s 2014 Global Aerospace and Defense Outlook , the commercial aerospace sector is expected to experience significant growth this year, driven by continued record-setting production levels at assembly facilities and throughout the aerospace supplier network. Virtually every major defense contractor in the U.S.

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INDUSTRY FOCUS: Soaring To New Heights

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Shreveport Regional Airport. The Aerospace/Defense industry reported its third consecutive year of record revenue and profit last year. The uptick came on the strength of a surging commercial aviation market that more than offset a soft defense performance. However, defense companies face an uncertain 2013. By BF Staff.

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AAR Announces 500 New Jobs In Lake Charles, LA

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Chairman and CEO David Storch have announced the company will establish a 750-job aircraft Maintenance, Repair and Overhaul (MRO) operation at Chennault International Airport in Lake Charles, LA. Headquartered near O’Hare International Airport, AAR employs approximately 7,000 people at more than 60 locations in 17 countries.

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Flying Without Altitude

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When the ribbon was cut on a redesigned and expanded Pittsburgh International Airport (PIT) in 1992, economic development planners had every reason to hope that this world-class facility would drive growth in the region for decades to come. This bright outlook turned gloomy in 2004, when US Airways began phasing out the PIT hub.

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AAR to Open New Aircraft Maintenance Facility in Duluth, MN

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. “We appreciate the tremendous collaboration of the FAA, Duluth Airport Authority, local officials and economic development teams for their assistance in securing our regulatory approval and preparing the facility for operations,” Romenesko continued.

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Industry Focus: Aerospace Sector Is Flying High Again

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A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., Aerospace & Defense Labor Market Study. percent, of which about 185,000 jobs were lost in the defense subsector. Aerospace and defense sector companies paid $7.7

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Boeing Begins Expansion Of 737 Commercial Delivery Center In Seattle

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. “I founded the King County Aerospace Alliance to foster the continued growth and global competitiveness of our region’s aerospace industry, and this expansion is great economic news for the county and our airport,” said King County Executive Dow Constantine.

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