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$700 billion to be spent on military fixed-wing aircraft over next decade

24th October 2019 - 13:15 GMT | by Shephard Analysis in London

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The fixed-wing military aircraft market will be worth nearly $700 billion over the next ten years, according to a soon to be released analysis by Defence Insight.

Fighter aircraft make up the largest segment, worth $452 billion. This is dominated by Lockheed Martin, who’s F-35 alone is forecast to account for around almost half of the total global spending on multi-role and naval fighters.

This is followed by large transport aircraft and air-to-air tankers, worth $111 billion. Dedicated bombers make up the third largest category at over $40 billion. The trainer and light attack aircraft segment is expected

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Analysis features from Shephard Media’s extensive back catalogue of magazine titles, including Digital Battlespace, Defence …

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$700 billion to be spent on military fixed-wing aircraft over next decade

New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia

Ireland begins work on buying fighter jets and doubling the naval fleet

UK Chancellor commits £2 billion to make the country a “defence industrial superpower”

Avalon 2025: Australian defence budget meets the low expectations of show attendees

New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia

UK Chancellor commits £2 billion to make the country a “defence industrial superpower”

Launch of Gilat Defense targets DoD market

Collins MAPS Gen II to equip US DoD watercraft

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Author

Shephard Analysis

New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia

Ireland begins work on buying fighter jets and doubling the naval fleet

UK Chancellor commits £2 billion to make the country a “defence industrial superpower”

Avalon 2025: Australian defence budget meets the low expectations of show attendees

New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia

UK Chancellor commits £2 billion to make the country a “defence industrial superpower”

Launch of Gilat Defense targets DoD market

Collins MAPS Gen II to equip US DoD watercraft

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