The aerospace industry in North America is worth $130–$200 billion per year and it contributes $300–$350 billion annually to the economy. Advance technologies in aerospace and defense such as lean, test and measurement, composites, high-speed machining, rapid prototyping and alternative cutting technologies, which have an impact on engine, airframe, rotary wing, naval, space, land-based systems, avionics, defense electronics and materials manufacturing are poised for large growth over the next 6-7 years.
Feb 26, 2014
