High Performance Alloys

Aerospace puts on the brakes

Written by Jeff Kirchner | Jan 4, 2010 4:10:00 PM

Both OEMs and their suppliers are working to overcome a difficult economy

By Lauren Duensing

Cutting back is in vogue lately due to the still-struggling economy. Many consumers can’t afford airfares, aircraft companies are finding fuel costs challenging and the government is pulling back on a variety of defense programs. As a result, the industry that looked so promising just a short time ago is facing an uphill battle to stay cost competitive.