Sponsored By Raytheon Intelligence & Space and Raytheon Missiles & Defense
Air Dominance has never been more critical to mission success. Adversaries are continuing to invest in advanced integrated air defense systems and next generation tactical aircraft. To stay ahead of the threat, the U.S. Armed Forces and its allies must be able to operate freely across domains.
After shrinking by more than 6,000 earlier this year, the engine fleet strength is expected to recover from the impact of COVID-19 over the next 10 years.
Today's aerospace and defense companies want to improve their program planning and execution so they can provide accurate and complete bids that enable them to reduce bid and proposal expenses and control program costs and schedules.
A total of $52 billion is expected to be spent on heavy airframe maintenance (C & D checks) over the next decade, with demand below average at a 1.3% CAGR.