Soaring commercial aviation market drives best year yet for aerospace and defence industry

The aerospace and defence (A&D) industry experienced a record year in 2011 on the strength of a surging commercial aviation market, according to the Aerospace and Defence 2011 year in review and 2012 forecast report from PwC. In 2011, the Top 100 A&D companies reported $677 billion in revenue, a 5% increase compared to the previous year, and $60 billion in operating profit, an increase of 2% from 2010.

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