U.S. aerospace industry rides record sales wave
With total sales expected to hit nearly $200 billion by the end of last year and a backlog of $360 billion, the Aerospace Industries Association (AIA) sees

With total sales expected to hit nearly $200 billion by the end of last year and a backlog of $360 billion, the Aerospace Industries Association (AIA) sees a strong U.S. aerospace manufacturing sector continuing to set records over the next few years.
Preliminary figures released last month indicate that total sales reached a record $198.8 billion last year, an increase of $15.5 billion over the final figures for the previous year. Those sales were buoyed by sustained growth in the civil aircraft market.

The civil aircraft category continued its rapid climb, increasing by $7.3 billion, to reach $53.3 billion, as a result of solid increases in commercial transports and business jets. Strong future orders and a growing backlog should support a thriving civil market in the years ahead.