Aerospace Industries Association chief John Douglass says the outlook for the commercial and civil aviation business looks positively rosy for the decade, and he predicts an unprecedented seven to eight years of growth. On the other hand, he said Tuesday afternoon during a forum on the industrial base at AFA’s Air & Space Conference, the military market is under heavy pressure and may decline even further as personnel costs take an ever-larger chunk of defense spending. Douglass suggests the military services get more comfortable using commercial, off-the-shelf products, because that may be all they can afford. The military market is getting so small—and is so fraught with profit-devouring rules—that some business may refuse to vie for defense contracts.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.