Worldwide military aircraft MRO spending should reach almost $62 billion a year by 2014.
Worldwide spending on military aircraft MRO was approximately $52.7 billion last year, and will grow at a steady, if unspectacular pace, over the next decade to just under $61.8 billion by 2014, according to a study conducted by consulting firm AeroStrategy. The expected 2% annual increase in military aircraft MRO spending is being driven by the rising cost to support an aging installed base of nearly 40,000 fighter/attack aircraft, transports, utility aircraft, light attack/trainers, ...
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