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US aerospace, defense exports growth decelerated, says report
Defense News: WASHINGTON — U.S. aerospace and defense exports growth has slowed after its robust 60-percent increase from 2010 to 2015, according to a recent report by consultancy firm Deloitte.
The A&D exports contributed to 10 percent of all U.S exports in 2016, an increase from 7 percent in 2010, and its growth has benefited the U.S. export versus import trade balance.
“As a net exporter, the sector reduced the U.S. trade deficit by $85.5 billion and was the top contributor to the U.S. trade balance amongst some of the major sectors,” according to the report.
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