US Aerospace & Defense Industry Overview
The US aerospace and defense market is consolidated in nature. Some prominent players in the market are General Dynamics Corporation, Airbus SE, Lockheed Martin Corporation, The Boeing Company, and RTX Corporation. With the changing regulations, companies must align their product portfolio to the evolving requirements of end users. The market is also significantly influenced by the dispersion of upgrade contracts to enhance the capabilities of the current fleet of active aerial assets. The active role of the US in the global political front has resulted in the growth of the demand for advanced aircraft, UAVs, and satellites.
In order to gain long-term contracts and enhance market share, players are investing significantly in the R&D of sophisticated product offerings. Furthermore, continuous R&D has fostered technological advancements in platforms and associated products and solutions of the US aerospace and defense market.
US Aerospace & Defense Market Leaders
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General Dynamics Corporation
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Lockheed Martin Corporation
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The Boeing Company
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RTX Corporation
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Airbus SE
- *Disclaimer: Major Players sorted in no particular order
