Entering 2011, the aerospace and defense industry is waiting for not one, but two shoes to drop. One is the U.S. Defense Department's Fiscal 2012 budget request, the other is Boeing's response to the launch of Airbus's reengined A320. Several other smaller impacts are expected to be felt through the year, including the long-delayed delivery of Boeing's 787, decisions on the U.S. Air Force's 179-aircraft tanker contest and-potentially-India's 126-aircraft fighter competition.
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