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, ...
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