Market Share of Asia-Pacific Military Aircraft Modernization And Retrofit Industry
The Asia-Pacific military aircraft modernization and retrofit market is semi-consolidated, and it is dominated by players such as Lockheed Martin Corporation, RTX Corporation, Elbit Systems Ltd, Northrop Grumman Corporation, and BAE Systems PLC. These market players focus on designing, engineering, and manufacturing aerostructures, subassemblies, and systems. Several companies have formed long-term partnerships with the air forces to upgrade and enhance military aircraft capabilities as well as for the development of future aircraft modernization programs for the defense ministry.
Asia-Pacific Military Aircraft Modernization and Retrofit Market Leaders
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Lockheed Martin Corporation
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Northrop Grumman Corporation
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BAE Systems plc
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Elbit Systems Ltd.
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RTX Corporation
*Disclaimer: Major Players sorted in no particular order
