In Partnership With

March 21, 1977

Outlook

Military Spending Pushes Sales of Aerospace Past $30 Billion

Status of Programs

Status of Major U. S., European Defense, Aerospace Programs

Growth Trends

U. S. Aerospace Industry

89

Outlook

Military Spending Pushes Sales of Aerospace Past $30 Billion

U. S. aerospace sales are headed toward $32 billion this year and will approach $35 billion next year, buoyed by revitalized military spending to cope externally with Soviet technological development and internally with the legacy of hardware modernization deferred in past year budgets.

1011

Status of Programs

Status of Major U. S., European Defense, Aerospace Programs

McDonnell Douglas A-4M attack—Navy seeks $7.2 million for Marine procurement and $500,000 for research, development, test and evaluation (RDT&E). Grumman A-6E all-weather attack—Navy asks $178.4 million for 12 aircraft, $3.4 million for spares and $4.1 million for RDT&E.
1617

Growth Trends

U. S. Aerospace Industry

1819

Military

2021

Military

Caution Marks Carter Approach

Washington—Carter Administration is taking a cautious approach towards final development and procurement of advanced strategic weapon systems while attempting to bolster the readiness capabilities of conventional forces already in hand.

2223

Growth Trends

U. S. Missile Sales

2223

Military

DOD Pressing for Joint Missile Efforts

2425

Growth Trends

Canadian Aerospace Industry

2425

Growth Trends

Japanese Aerospace Industry

2425

Growth Trends

Defense Dept. Obligations

March 141977 March 281977