According to a new paper, Deloitte aerospace analysts believe the aerospace and defense industry faces “lean times ahead” as DOD budgets flatten and personnel costs continue to rise. And, they say that RDT&E will receive “an increasingly smaller slice of the pie” and that will lead to “underutilization of the industrial base.” The end result, they say, would be “lower capability to innovate and create technical breakthroughs that have been the hallmark of the industry.” They do predict growing investment in new capabilities such as cyberspace security, anti-improvised explosive device technology, alternative energies, and precision engagement technologies. And the analysts maintain the aerospace and defense industry has “significant long-term potential.” Retired Gen. Chuck Wald, a senior advisor with Deloitte and contributor to the paper, said in an accompanying release, “Companies that can rapidly develop, test, and deploy new technologies will likely be winners in 2010.”
Celebrating 100 Years of Liquid-Fueled Rockets
March 11, 2026
March 16, 2026, marks 100 years since Dr. Robert H. Goddard launched the world’s first liquid-fueled rocket. Over the past century, new and ever more capable liquid-fueled rockets have literally propelled humanity into space. Why liquid-fueled rockets?