2013 Forecast: Commercial Up, Defense Down
Commercial production rising. Defense budgets falling. Economic uncertainties and regional instabilities that could affect both. That is the world the aerospace and defense industry faces entering 2013, and which is examined in detail in the pages that follow. But if there is one theme that recurs frequently through this latest edition of Aviation Week's annual forecast issue, it is China and its growing financial, industrial, political and military influence on aerospace and defense globally.
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