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Maturing generations have a tendency to view price inflation as a symptom of the modern age. With a tear in their eye, they recall the days when a piece of rock candy was a few cents, and the most expensive car a wealthy individual could possibly afford was a fraction of what a Toyota Corolla…
For an $838 billion industry, the aerospace industry, comprised of aircraft manufacturing, missile & defense, space, and MRO sectors, is remarkably centralized. According to a study by AeroDynamic Advisory and the Teal Group, 87 percent of the industry’s output derives from just 10 countries. The scale of output some of these countries are responsible for…