DALLAS — Global military aircraft maintenance, repair and overhaul (MRO) spending was roughly $66 billion in 2011, but is expected to decline 2.7% this year because of reduced utilization and increased budgetary restrictions, according to consultancy ICF SH&E. Looking out over the next decade, MRO spending is expected to recover modestly from the near-term decline, but essentially will experience zero growth by 2021, when total spending again is expected to reach $65 billion, ...


You must be a paid subscriber to access "Global Military MRO Spending Will Be Flat Over Next Decade".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.