Visiongain: Global Military Aircraft MRO Market to Reach $49B in 2015

A new Visiongain report forecasts the global military aircraft maintenance, repair and operations market will hit $49 billion in value in 2015.

Visiongain said Friday the increasing adoption of new fighter aircraft among tier-one market players would spur growth in the industry.

The 2015-2025 forecast covers maintenance aspects in operations and field, heavy airframe, heavy engine, internal components and external components.

Among the companies mentioned in the report are:

• AECOM
• Airbus
• Alliant Techsystems
• BAE Systems
• Bell Helicopter Textron
• Boeing
• DRS Technologies
• DynCorp
• EADS North America
• Finmeccanica
• General Dynamics
• General Electric
• Honeywell Space and Defense
• Huntington Ingalls Industries
• Korea Aerospace Industries
• L-3
• Lockheed Martin
• MBDA
• Northrop Grumman
• Orbital Alliant
• PAE
• Pratt & Whitney
• Qantas
• Raytheon Co.
• Rockwell Collins Inc.
• Rolls-Royce PLC
• Saab AB
• Sandia Corporation
• Science Applications International Corp.
• Sierra Nevada
• Sikorsky
• SRI International
• TCS
• Thales
• United Technologies
• URS