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, ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing 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.