This research paper was written in the Summer of 1995 in partial fulfilment of the
requirements for Management 524 within the MBA program at California State University
at Fullerton. Its purpose was to determine the effective management strategies within
the aerospace industry since the defense budget began to decline in the mid 1980s.
Through research of the top aerospace companies (according to the 1995 Fortune 500)
over the past decade, this paper examines the various long-term management strategies
employed during the recent recession.