Aviation Industry is 1958: Inventory

The backlog for manufacturers of complete systems stood at $13.75 billion as of June 30, 1958, a substantial drop from the 1957 figure of $16.3 billion. The main reason for this was the change-over in military buying due to the cut-backs in 1957, and the increased emphasis on missiles. Missiles such as the ICBM are still in the development stage and, in addition, will not be ordered in the production quantities formerly applied to manned aircraft. Of this backlog, about 70-75 per cent is military orders.

 

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