The nationwide sweep of shall issue concealed carry licensing has sharply increased demand for carry handguns. While people like me are happy with modernized M1911s for full sized guns, others aren't and new popular models are still coming out. Probably the biggest explosion is in "mouseguns", small .380 or 9mm handguns that are easier to conceal, especially in the summer. Many new models have come out recently.
I'd say the area of "black guns" (widely construed, not just AR-15 derived) is pretty healthy. Lots of stuff happening with AR-15 pattern guns (including driving them with pistons), lots of people looking for alternatives and various companies are delivering in one way or another.
Compared to aerospace, there's got to be hundreds more companies that someone could go to work for. Aerospace went bust in the early '70s and never recovered. The US civilian firearms market may be iffy as the economy continues to sour and the Democrats continue to treat gun control like a new third rail, but I'd sure pick firearms over aerospace, if for no other reason than there being such a range of OEMs (in sizes, from garage sized outfits to giants like FN, S&W and Ruger).