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Study: Aerospace, Defense Workforce is Declining

Aerospace and defense companies have cut 4.5 percent of workforce--30,000 jobs.

Aviation Week
Mon, 08/24/2009 - 15:34
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(Aviation Week: NY) -- Aviation Week, the largest multimedia information and services provider to the global aviation, aerospace and defense (A&D) industries, recently released the results of its 2009 Workforce Study, which show a continued decline in the industry's workforce. Produced in partnership with the Aerospace Industries Association (AIA), American Institute of Aeronautics and Astronautics (AIAA), National Defense Industrial Association (NDIA), and Hitachi Consulting, this official industry report provides a single source of reliable data that analyzes current A&D workforce issues, trends, and opportunities, and has been a mainstay for A&D planning and trend analysis since 1997. Results appear in the Aug. 24–31 double issue of Aviation Week & Space Technology.

"Aviation Week's 2009 Workforce Study and data from the AIA suggest that U.S. A&D companies have cut about 30,000 jobs as of June 1, or just 4.5 percent of the total workforce," says project leader, Carole Hedden, and senior business editor, Joseph Anselmo, in the article. "The layoffs will almost certainly continue into 2010, [but] total job losses during this downturn might be limited to 10 percent of the A&D workforce -- far below the 40 percent eliminated in 1990–96 at the end of the Cold War.... The industry is being much more strategic in reducing the workforce."

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