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Aerospace Faces Challenges as Market Rapidly Expands

Find out how it affects you in the upcoming webinar on Nov. 16, 2017

Credit: William Beem

Gene Morrison
Wed, 11/08/2017 - 12:02
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Never-before-seen growth has turned the aviation, space, and defense industries into lucrative markets. Demand for increased efficiency, security, quality, and durability has taken off in recent years, resulting in high margins and operating profits. With exponential growth potential and a long-term forecast for success, aerospace is poised to be the next gigantic market opportunity for manufacturers and service providers. Although consistently rising demand is good for business, it also manifests some challenges for aerospace manufacturers.

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Submitted by Alan Metzel on Fri, 11/10/2017 - 06:28

Aerospace Challenges

Then add the dearth of skilled workers to replace the rapidly retiring baby boomers and the governments gigantic backlog in approval of security clearnces and it is not a pretty picture.

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