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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


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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Shephard Analysis

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