Defence Insight: Year in Review (Video)
In 2019, Defence Insight has been improving its database improving existing content and upgrading the export functionality. In the Sea domain, we expanded the scope …
$700 billion to be spent on military fixed-wing aircraft over next decade
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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