BOOK REVIEW: THE STRUCTURE AND PERFORMANCE OF THE AEROSPACE INDUSTRY,
RAND CORP SANTA MONICA CALIF
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Review of book by Herman O. Stekler The book should find its major readership among those sectors of aerospace management concerned primarily with contract policy, and it should be of interest to other sectors of management desiring general orientation on contract problems and on how they have affected the structure of the aerospace industry. The historical development, mainly in economic terms, of the industry is traced from the World War I period into the early 1960 period with emphasis detailing the competitive practices and some of the problems of conversion into and out of industry. The book lacks analyses of the effectiveness of government procurement policies and the void in relating the growth and difficulties of the industry to changes in strategic outlook.
- Economics and Cost Analysis