Defense spending said turning down
Apr 27, 2012 | 05:11 PM
| Thorsten Schier
Tags
AMM Aerospace Materials Conference,
Dana Hullinger,
Robert Olson,
Myles Walton,
Thorsten Schier
NEW YORK — Defense industry suppliers will have to cope with a drop in orders over the next few years due to defense budget cuts, analysts say.
"Research and development will come down first; procurement will come down shortly after," Boeing Co. supply chain director Dana W. Hullinger told participants at AMM’s 6th Annual Aerospace Materials Conference in Pittsburgh. He noted that defense budget cuts of between $600 billion and $800 billion are projected over the next 10 years. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here