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Aerospace outsourcing can turn shops into high flyers: prime aerospace companies are looking for machine shop partners.(AEROSPACE)
American Machinist, April, 2007 by Haftl, Lawrence
Tags: aerospace, aircraft, Boeing Co., outsourcing
THE AEROSPACE MARKET HAS TAKEN A major upturn and is expected to be strong for several years to come, and more than ever before, prime aerospace contractors are outsourcing almost all of their regular machining and are actively looking for qualified shops to do that work. The U.S. aerospace industry did $184 billion in sales in 2006, up more than 8 percent from 2005, and expects an increase of at least 6 percent in 2007 and similar increases each year through 2011, according to the Aerospace Industries Association (AIA) (www.aia-aerospace.org).
Commercial aircraft sales were 21 ...
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