NEW YORK, Jan. 6 (UPI) -- Revenue growth is expected to return to the world's defense and aerospace sectors this year due to an increase in the budgets of major countries and a resurgence of global security threats.
Management consultancy Deloitte Touche Tohmatsu Limited, in its 2016 aerospace and defense sector outlook report, says total sector revenues are estimated to grow at 3.0 percent compared to 1.9 percent growth in 2014, and an expected decline of 0.5 percent in 2015.