Aerospace and Defence Industry Global Strategic Business Report

Aerospace and Defense Industry - Global Strategic Business Report

Global Industry Analysts, Date of Publication: Aug 26, 2014, 845 Pages
US$4,950.00
GIA-MCP1002

This report analyzes the worldwide markets for Aerospace and Defense Industry in US$ Million by the following Industrial Sectors: Aircraft Products & Services (Airframe, Aircraft Engine, Aircraft Components, Commercial Avionics, Military Avionics, In-flight Entertainment, & MRO), Missiles (Air-to-Air, Air-to-Surface, Air Defense, Surface-to-Surface, Antiship, Antitank, Bombs (Guided), Intelligent Munitions, & Others), Aircraft Training & Simulation (CBT & E-Learning, Commercial Flight Simulation, & Military Flight Simulation), C4ISR & Related (Unmanned Aerial Vehicle, Electronic Warfare, Mine Countermeasures, Naval Radar and Sonar, Chemical & Biological Agent Detectors, Infrared Imaging Systems and Components, Military Ground Communications, Land-Based Surveillance Radar, & Others), Space Equipment (Launch Vehicles, Communications Satellites, & Earth Observation Satellites), and GPS (Geotechnologies) (Commercial Satellite Imaging, Commercial Aerial Imaging, GIS Software, Commercial SAR Data, and Commercial SAR Software). The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. Annual estimates and forecasts are provided for the period 2013 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. The report profiles 368 companies including many key and niche players such as -

Arianespace SA
ATR
B/E Aerospace, Inc.
BAE Systems Plc
Cessna Aircraft Company

More information can be obtained upon the request of sample pages.


TABLE OF CONTENTS

 I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-2
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3
       Industrial Sectors                                               I-3
       Definitions                                                      I-4
        1. Aircraft Products & Services                                 I-4
         Airframe                                                       I-4
         Aircraft Engine                                                I-4
         Aircraft Components                                            I-5
         Commercial Avionics                                            I-5
         Military Avionics                                              I-5
         In-flight Entertainment                                        I-5
         MRO                                                            I-5
        2. Missiles                                                     I-5
         Air-to-Air Missile                                             I-5
         Air-to-Surface Missile                                         I-5
         Air Defense Missile                                            I-5
         Surface-to-Surface                                             I-6
         Antiship                                                       I-6
         Antitank                                                       I-6
         Bombs (Guided)                                                 I-6
         Intelligent Munitions                                          I-6
         Others                                                         I-6
        3. Aircraft Training & Simulation                               I-6
         CBT & E-Learning                                               I-6
         Commercial & Military Flight Simulation                        I-6
        4. C4ISR & Related                                              I-6
         Unmanned Aerial Vehicle                                        I-6
         Electronic Warfare                                             I-7
         Mine Countermeasures                                           I-7
         Naval Radar and Sonar                                          I-7
         Chemical & Biological Agent Detectors                          I-7
         Infrared Imaging Systems and Components                        I-7
         Military Ground Communications                                 I-7
         Land-Based Surveillance Radar                                  I-7
         Others                                                         I-7
        5. Space Equipment                                              I-7
         Launch Vehicles                                                I-7
         Communications Satellites                                      I-8
         Earth Observation Satellites                                   I-8
        6. GPS (Geotechnologies)                                        I-8
         Commercial Satellite Imaging                                   I-8
         Commercial Aerial Imaging                                      I-8
         GIS Software                                                   I-8
         Commercial SAR Data                                            I-8
         Commercial SAR Software                                        I-8


 II. EXECUTIVE SUMMARY

  1. INDUSTRY OVERVIEW & OUTLOOK                                        II-1
      Industry Structure & Overview                                     II-1
       Global Aerospace & Defense Industry Structure                    II-2
      Implications Of Recent Economic Developments on Aerospace &
       Defense Industry                                                 II-3
       Impact of the 2007-2009 Recession in Retrospect                  II-3
        Commercial Aircraft Products & Services Comes Under the Yoke
         of Recession                                                   II-3
        Recession Fuels Consolidation Activity in Commercial
         Aviation Sector, Squeezes New Orders for Aircraft Products
          & Services                                                    II-4
        Decline in Flying Hours Cause Massive Erosion in MRO Market
         in the Year 2008                                               II-4
        Backlog Orders Save Bigwig Players from the Recession           II-5
        Steady Defense Spending Sustains Market Prospects for
         Defense Products & Service Segments During 2007-2009
          Economic Recession                                            II-5
        Aircraft Training & Simulation Solutions Remain Resilient,
         Largely Helped by Steady Defense Spending                      II-6
        Commercial Aviation Sector Continues to Suffer in 2010 Due
         to Recession Aftershocks, Extends Agony for Commercial
          Aircraft Products & Services                                  II-7
        A&D Industry Stages Smart Recovery in 2011                      II-7
       Defense Investments Rescue A&D Industry During European Debt
        Crisis                                                          II-8
      Outlook                                                           II-9
      Improvement in Global GDP Performance Bodes Well for Aerospace &
       Defense Industry                                                 II-9
       Table 1: World Real GDP Growth Rates in % (2013 & 2014E):
       Breakdown by Country (includes corresponding Graph/Chart)        II-10

       Table 2: World GDP (2013): Percentage Share Breakdown of
       Nominal GDP Value by Country (includes corresponding
       Graph/Chart)                                                     II-11
      Developing Economies Hold the Key to Future Growth                II-11
      Aircraft Products & Services - Key Revenue Contributor to A&D
       Industry                                                         II-12
       Commercial Aviation Sector - A Major Market for Aircraft
        Products & Services                                             II-12
        Air Transport Market: A Review                                  II-12
         Economic Development Influences Commercial Aviation Sector
          Over the Years                                                II-13
         Urbanization Fuels Commercial Aviation Sector Growth           II-13
         Liberalization Wave Promises New Horizons for Commercial
          Aviation Industry                                             II-13
         Price of Ticket - The Key Factor Influencing Passenger Air
          Travel Demand                                                 II-13
         US-EU Open Skies Agreement - Towards an Unfettered Aviation
          Industry                                                      II-14
        Healthy Outlook for the World Commercial Aviation Industry
         Drives Demand for Aircraft Products & Services                 II-14
         Table 3: Global Airline Industry (2014E): Breakdown of
         Average Net Profits by Geographic Region (includes
         corresponding Graph/Chart)                                     II-15
        Rising Air Passenger Traffic to Boost Passenger Aircraft
         Demand & Drive Growth Prospects for Aircraft Products &
          Services                                                      II-15
         Table 4: Global Air Traffic Flow (In Billion Revenue
         Passenger Kilometers (RPKs) for the Years 2011, 2013E,
         2015P & 2030P (includes corresponding Graph/Chart)             II-16

         Table 5: Global Fleet of Commercial Aircraft (In Units) for
         the Years 2011, 2013E & 2015P (includes corresponding
         Graph/Chart)                                                   II-16

         Table 6: Global Aviation Market (2007-2017): Fleet Size by
         Segment (includes corresponding Graph/Chart)                   II-17
         Snapshot of Passenger Aircraft Market                          II-17
         Single-Aisle/Narrow Body Grow in Number Drive Strong Growth
          Prospects for Commercial Aircraft Products & Services         II-18
          Table 7: Global Aviation Industry (2014 & 2024): Breakdown
          of Number of Commercial Aircraft in Service by Type -
          Narrow-Body (NB), Regional Jets (RJ), Turbo-Props (TP),
          Wide-Body (WB) (includes corresponding Graph/Chart)           II-18
         Wide-Body Aircraft & Regional Jets Extend Opportunities for
          Aircraft Components                                           II-18
          Embraer Leads the Race in Regional Jet Market                 II-19
          Competition Heats Up In Regional Jet Market                   II-19
         New International Routes to Drive Demand for New
          International Carriers, Bodes Well for Aircraft Products      II-19
         Growth in Global Air Freight to Boost Demand for Freighter
          Aircraft & Benefit Aircraft Products & Services               II-20
         Number of Freighter Aircraft to Grow Two Times - A Key
          Opportunity Indicator                                         II-21
         Snapshot of Freighter Market                                   II-21
          Table 8: World Air Cargo Traffic by Destination -
          International and Domestic Independently Analyzed in
          Billion Freight Ton Kilometers for the Years 2010, 2013 &
          2015 (includes corresponding Graph/Chart)                     II-22
        Aircraft Leasing Adds to the Aircraft Fleet Drives Demand
         for Aircraft Products & Services                               II-22
         Opportunity Indicators                                         II-23
          Table 9: Worldwide Aircraft Fleet: Percentage Share
          Breakdown of Fleet Size by Aircraft Category - Leased or
          Owned for the Years 2000, 2008 & 2015 (includes
          corresponding Graph/Chart)                                    II-23

          Table 10: Commercial Aircraft Leasing Market (2013 &
          2017P): Breakdown of Leased Asset Portfolio Value in US$
          Million by Region (includes corresponding Graph/Chart)        II-23
         Growing Number of Low Cost Carriers Adds to Market
          Prospects for Aircraft Products                               II-24
          Opportunity Indicators                                        II-24
           Table 11: Global Low Cost Carrier Landscape (2013):
           Percentage Share Breakdown of Number of Operating Low
           Cost Carriers (LCC) by Region - Africa, Asia-Pacific,
           Europe, Latin America & Caribbean, Middle East and North
           America (includes corresponding Graph/Chart)                 II-24
         Replacement of Older Aircraft with New Delivers to Boost
          Market Prospects for Aircraft Products and Services           II-25
         Growing Need to Non-Stop Services Driving Aircraft
          Purchases - Augurs Well for Aircraft Products & Services      II-25
         New Airport Development Projects Bode Well for The Market      II-26
         R&D Funding in the Commercial Aircraft Industry Continues
          to Prop Up Demand for Commercial Aircraft Products &
           Services                                                     II-26
          Europe                                                        II-26
          The United States                                             II-26
       Defense Aerospace Presents Steady Growth Prospects for
        Aircraft Products & Services                                    II-27
        Review of Defense Budgets & Implications on Military
         Aircraft Products & Services Market                            II-27
         Table 12: Military Spending as a Percentage of GDP in
         Select Countries: 2009-2012 (includes corresponding
         Graph/Chart)                                                   II-29

         Table 13: Military Spending in Select Countries (2012 &
         2013): Breakdown of Amount Spent (in US$ Billion) and Rate
         of Growth (%) (includes corresponding Graph/Chart)             II-30

         Table 14: World Defense Spending (2013) Breakdown by
         Defense Budget Expenditure in US$ Million for Top Ten
         Spending Countries (includes corresponding Graph/Chart)        II-30
        Snapshot of Defense Aerospace Industry                          II-31
       Trends & Growth Drivers in Aerospace Sector                      II-31
        Air Frames - The Largest Revenue Spinner in Aircraft
         Products & Services Market                                     II-31
        In-flight Entertainment in Commercial Aviation Sector - The
         Fastest Growing Segment in Aviation Products & Services
          Segment                                                       II-31
         A Glimpse of Current/Emerging IFE Services                     II-33
         In-Flight Live Streaming Grows in Popularity                   II-33
          Table 15: In-Flight Wi-Fi Services Market: Breakdown of
          Compounded Annual Growth Rates (In %) by Region (includes
          corresponding Graph/Chart)                                    II-33
        Commercial Models Pep Up Demand for Avionics Systems, While
         Growth Military Avionics Steadies                              II-33
        Military Avionics - Still a Lucrative Market to Tap             II-34
        Avionics Market Spurred by New Air Space Corridors              II-34
        Environmental Friendly & Fuel Efficient Engines Gain
         Attention in Both Commercial & Military Aircraft               II-34
         Table 16: Global Aircraft Engine Market (2014): Percentage
         Share Breakdown of Number of Engines in Use by Type
         (includes corresponding Graph/Chart)                           II-35
        Silence: The Buzz Word for New Engine Designs                   II-36
        Commercial-off-the-Shelf Components in Military Aircraft        II-36
        MRO Services Driving Robust Opportunities for A&D Industry      II-37
         Table 17: Global Market for Aircraft MRO (2014E):
         Percentage Share Breakdown of Estimated Market Revenue by
         Maintenance Type (includes corresponding Graph/Chart)          II-38
         Engine Overhaul: A Key Revenue Spinning Market Segment         II-38
          Table 18: World Engine Overhaul Market (2014): Percentage
          Share Breakdown of Overhaul Costs by Segment - Labor,
          Parts Repair and Parts (includes corresponding
          Graph/Chart)                                                  II-39

          Table 19: Global Engine Maintenance Market (2014):
          Percentage Share Breakdown of Engine MRO Spends by
          Aircraft Class (includes corresponding Graph/Chart)           II-39

          Table 20: Global Engine MRO Market (2014): Percentage
          Share Breakdown of Spending by Type of Engine MRO
          Companies (includes corresponding Graph/Chart)                II-39

          Table 21: Global Engine MRO Market (2014): Percentage
          Share Breakdown of Value of Engine Maintenance Material
          Sourced by Distribution Channel (includes corresponding
          Graph/Chart)                                                  II-40

          Table 22: Global Engine MRO Market (2013): Percentage
          Share Breakdown of Engine MRO Revenues by OEM MRO Service
          Provider (includes corresponding Graph/Chart)                 II-40
         Aerospace MRO Market for Composite Components Also
          Witnesses Strong Growth                                       II-40
          Table 23: Global Component MRO Market (2014): Percentage
          Share Breakdown of Value of Component Maintenance Material
          Sourced by Distribution Channel (includes corresponding
          Graph/Chart)                                                  II-41
         Aging Base of Aircraft Fleet Open Opportunities for Growth
          in MRO Segment                                                II-42
          Opportunity Indicators                                        II-42
           Table 24: Average Age of Aircraft by Select Airline
           Operator As of the Year 2013 (includes corresponding
           Graph/Chart)                                                 II-42

           Table 25: World Average Aircraft Fleet Age (2013):
           Breakdown by Geographic Regions - Africa, Asia-Pacific,
           Europe, Latin America, Middle East and North America
           (includes corresponding Graph/Chart)                         II-43
         Increasing Conversion of Passenger Aircraft into Freighter
          Planes to Drive Demand for MRO Services                       II-43
          Boeing’s Partners in Physical Conversion of Aged Passenger
           Aircraft                                                     II-43
         “Availability Contracting” Commanding Increased Preference     II-44
         Other Key Statistical Findings for MRO Market                  II-44
          Table 26: Global Airframe MRO Market (2014): Percentage
          Share Breakdown of Spending by Type of Airframe MRO
          Companies (includes corresponding Graph/Chart)                II-44

          Table 27: Global Airframe MRO Market (2014): Percentage
          Share Breakdown of Value of Airframe Maintenance Material
          Sourced by Distribution Channel (includes corresponding
          Graph/Chart)                                                  II-45

          Table 28: Global Line Maintenance Market (2014):
          Percentage Share Breakdown of Line Maintenance Spend By
          Aircraft Class (includes corresponding Graph/Chart)           II-45

          Table 29: Global Line Maintenance Market (2014):
          percentage Share Breakdown of Service Supply by Types -
          In-House and Outsourced (includes corresponding
          Graph/Chart)                                                  II-45
      Space Equipment Becomes Fastest Growing Product Segment for A&
       D Buoyed by Surging Demand for Satellites                        II-46
       Discovery of New Application Areas Bolster Communications
        Satellite Market                                                II-46
       Micro-Satellites Emerge as a Growth Driver                       II-46
       Reusable Launch Vehicles Demand too Sees Strong Growth           II-47
        A Glimpse of RLV Programs in the US                             II-47
      Steady Growth Prospects for Aircraft Training & Simulation
       Solutions                                                        II-47
       Weakening Defense Budgets - Blessing in Disguise for Virtual
        Flight Training & Simulation Technologies                       II-48
       Efficient Military Simulation Displays to Extend Great Advantage II-49
       Joint Military Exercises Propel Simulation and Training Markets  II-49
       Thrust towards Developing Advanced C4ISR Capability: Spurs
        Growth in Training & Simulation Market                          II-49
        Table 30: Pilot Outlook: Number of Pilots for Years 2012 &
        2030P (includes corresponding Graph/Chart)                      II-50

        Table 31: Global Demand for Pilots (2030P): Breakdown of
        Number of Pilots Projected by Region (includes corresponding
        Graph/Chart)                                                    II-50
      A Look into Opportunities in Store for Other A&D Products         II-50
       Global Missiles Market to Grow Steadily                          II-50
        Air Defense & Surface to Air Missile Systems: Elicit Growing
         Interest                                                       II-51
        Market for Air-to-Air Missiles Continues to Expand              II-51
       Increasing Investments in Upgrading of C4ISR Network Bodes
        Well or C4ISR & Related Solutions Market                        II-52
        European AMD Network Spurs Development of Unified Command l
         & Surveillance Structure                                       II-52
        Electronic Intelligence Remains Central to C4ISR Capability     II-53
        Land-Based Systems to Dominate Market                           II-53
        COTS Components Find Way into Current Embedded C4ISR System
         Eco-System                                                     II-53
        C4ISR as a Service Model Espouses Interest                      II-54
        Unmanned Aerial Vehicle - A Market Laden with Tremendous
         Potential                                                      II-54
         Solar Powered UAV Elicit Increasing Interest Worldwide         II-55
         UAV Drones Technology: Emerges in Civilian Domain Adds to
          Market Growth                                                 II-55
        Security Concerns Bolster Market for Electronic Warfare Systems II-55
        Insecurity Breeds Demand for Effective Detectors                II-56
       New Avenues for GIS and Satellite Imaging                        II-56
       Commercialization of High-Resolution Imagery                     II-56
      Manufacturer Perspective                                          II-57
       Market Invasion by New Players in Latin America and Asia         II-57
       Manufacturers Refocus on Core Competencies to Stay Afloat in
        the Market                                                      II-57
       Industry Moves Towards Better Capacity Utilization               II-57
       Synergistic Alliances Key to Growth                              II-58
       Outsourcing - Emerging Growth Driver                             II-58
        Outsourced MRO Services Too Gain Popularity                     II-59
       Joint Design Manufacturing Gaining Ground                        II-59
       Supply Chain Management - A Key Tool                             II-60
        Changing Trends Down the Supply Chain                           II-60
       Lean Enterprise System - Becoming Key Part of Aerospace
        Supply Chain                                                    II-61
      Key Market Share Findings                                         II-61
       Table 32: Global Military Simulation Products Market (2013):
       Percentage Share Breakdown of Installed Military simulator
       Base by Company (includes corresponding Graph/Chart)             II-61

       Table 33: Leading Players in Global Full-Flight Simulators
       (FFS) Market (2013): Percentage Share Breakdown of Installed
       Simulators for CAE, FlightSafety International, L-3 Link
       Simulation & Training, and Others (includes corresponding
       Graph/Chart)                                                     II-62

       Table 34: Leading Players in Global Commercial Full-Flight
       Simulators (FFS) Market (2013): Percentage Share Breakdown of
       Installed Simulators for CAE, FlightSafety International, L-3
       Link Simulation & Training, and Others (includes
       corresponding Graph/Chart)                                       II-62

       Table 35: Leading Players in Global Military Full-Flight
       Simulators (FFS) Market (2013): Percentage Share Breakdown of
       Installed Simulators for Boeing, CAE, FlightSafety
       International, L-3 Communications, Lockheed Martin, Thales
       Group, and Others (includes corresponding Graph/Chart)           II-63
      Major Issues/Challenges                                           II-63
       Military Budget Cuts - A Major Issue                             II-63
       Retention of Skillful Workforce - A Major Concern for MRO
        Industry                                                        II-63
       Cost Factor Hampers Market for Chemical & Biological Agent
        Detectors                                                       II-64
       Military Cooperation: A Double-Edged Sword                       II-64

  2. TECHNOLOGICAL TRENDS & ISSUES                                      II-65
      Perpetual Arms Race Fosters Defense Industry Innovations          II-65
      Nanotechnology Promises New Horizons for the Aerospace Industry   II-65
      High-Speed Data Link Communications Systems Enhance Efficiency
       of Radars                                                        II-66
      AESA Radar Systems Grow in Demand for Use in Military Platforms   II-66
      Low Probability of Intercept Capability Key to Ensure Stealth
       in Electronic Spectrum                                           II-67
      Sensor Fusion: Becomes Order of The Day for Modern Aircraft
       Platforms                                                        II-67
      Lock-on After Launch (LOAL) Capabilities Empower Air-Air Missiles II-68
      Multiple Guidance in Missiles: Key Requirements to Hunt Mobile
       Targets                                                          II-68
      Imaging Infrared Technology Finds Favor in IR Missile Guidance    II-69
      Midcourse Updates Emerge as a Key Aspect of Modern Missile
       Guidance                                                         II-69
      High-Off Bore Sight Missiles: Confer Decisive Advantage in Air
       Combat Maneuvering                                               II-70
      Satellite Guidance: Emerges as the Preferred Medium of Land
       Attack Cruise Missile Guidance                                   II-70
      RAMJET Propulsion Remains the Preferred Choice for High Speed
       Supersonic Cruise Missiles                                       II-71
      SCRAMJET Represents the Next Level of High Speed Missile
       Evolution                                                        II-71
      Low Observable Stealth Becomes the Focal Point of New
       Generation Aircraft Development                                  II-71
       Dielectric Composites Find Extensive Applications in Stealth
        Technology                                                      II-72
       Advent of Stealth Technology Spurs Investment in Low
        Frequency Radars                                                II-72
      Advent of UCAV Revolutionizes Warfare                             II-72
      Trend Towards Developing Modular- Distributed C4SIR Systems to
       Gather Momentum                                                  II-73

  3. PRODUCT OVERVIEW                                                   II-74
      Aircraft Products & Services                                      II-74
       Airframe                                                         II-74
       Aircraft Engine                                                  II-74
       Aircraft Components                                              II-74
       Commercial Avionics                                              II-74
       Military Avionics                                                II-74
      In-flight Entertainment                                           II-74
       MRO                                                              II-74
      Missiles                                                          II-75
       Air-to-Air Missile                                               II-75
       Air-to-Surface Missile                                           II-75
       Air Defense Missile                                              II-75
       Surface-to-Surface                                               II-75
       Antiship                                                         II-75
       Antitank                                                         II-75
       Bombs (Guided)                                                   II-75
       Intelligent Munitions                                            II-75
       Others                                                           II-75
       Specific Missiles                                                II-75
        Air-Launched Surface-Attack Guided Missile (AGM)                II-75
         AGM-88A/B/C High-speed Antiradiation Missile (HARM):           II-75
         Dimensions:                                                    II-75
         AGM-130 Missile (Weapons system):                              II-75
         Dimensions:                                                    II-75
        AGM-154 Joint Standoff Weapon (JSOW)                            II-76
         Dimensions:                                                    II-76
         AGM-65 Maverick:                                               II-76
         Dimensions:                                                    II-76
         AGM-86B/C Air-Launched Cruise Missile:                         II-76
         Dimensions:                                                    II-76
         AGM-129A Advanced Cruise Missile:                              II-76
        Airborne Tactical and Defense Missiles                          II-76
         AGM-142:                                                       II-76
         Dimensions:                                                    II-76
        Air-Launched Intercept-Aerial Guided Missile (AIM)              II-76
         AIM-7 Sparrow:                                                 II-76
         Dimensions:                                                    II-76
         AIM-9 Sidewinder:                                              II-76
         AIM-120A Advanced Medium Range Air-to-Air Missile (AMRAAM):    II-76
         Dimensions:                                                    II-76
        Cluster Bomb Unit (CBU)                                         II-76
         CBU-89 Gator:                                                  II-76
         Dimensions:                                                    II-76
        Enhanced Guided Bomb Unit (EGBU)                                II-77
         EGBU-15:                                                       II-77
         Dimensions:                                                    II-77
        Guided Bomb Units (GBU)                                         II-77
         GBU-10 Paveway II:                                             II-77
         Dimensions:                                                    II-77
         GBU-12 Paveway II:                                             II-77
         GBU-15:                                                        II-77
         Dimensions:                                                    II-77
         GBU-24 Paveway III:                                            II-77
         Dimensions:                                                    II-77
         GBU-27:                                                        II-77
         GBU-28:                                                        II-77
         Dimensions:                                                    II-77
         GBU-31/32 Joint Direct Attack Munitions (JDAM):                II-77
        Mark (General Purpose Bomb)                                     II-77
         MK-82:                                                         II-77
         Dimensions:                                                    II-77
         MK-83:                                                         II-78
         Dimensions:                                                    II-78
         MK-84:                                                         II-78
         Dimensions:                                                    II-78
        LGM - Silo-Launched Surface Attack Guided Missile               II-78
         LGM-30G Minuteman III:                                         II-78
         Dimensions:                                                    II-78
         LG- 118A Peacekeeper:                                          II-78
         Dimensions:                                                    II-78
        Air-to-Air Booster Cylinder                                     II-78
        Tube Launched, Optically Tracked, and Wire Guided (TOW)
         Missile System                                                 II-78
        JDAM                                                            II-79
       Major Technologies in Air-to-Air Missiles Segment                II-79
        Advanced Propulsion Technology                                  II-79
         Ramjet                                                         II-79
         Solid-Fuel Ramjet                                              II-79
         Integral Rocket Ramjet                                         II-79
         Ducted Rocket Ramjet                                           II-80
        Advanced Guidance/Seeker Technology                             II-80
         Active Radar                                                   II-80
         Imaging Infrared Focal Plane Array                             II-80
         Command-Inertial Guidance                                      II-80
         Dual-Mode Seekers                                              II-81
         Other Missile Technologies                                     II-81
        Aircraft Training & Simulation                                  II-81
         CBT & e-Learning                                               II-81
         Military Training & Simulation                                 II-81
         Commercial & Military Flight Simulation                        II-81
        Command, Control, Communications, Computers, Intelligence,
         Surveillance, and Reconnaissance (C4ISR) & Related Systems     II-82
         Unmanned Aerial Vehicles                                       II-82
          UAV Tier Classification                                       II-82
         Video Information Capability Enhancement System (VICE)         II-82
        Electronic Warfare                                              II-83
        Mine Countermeasures                                            II-83
        Naval Radar and Sonar                                           II-83
        Chemical & Biological Agent Detectors                           II-83
         An Overview of Select Biological Agents                        II-83
          Sensitivity and Selectivity - Key for Agent Detection         II-84
          Major Biological and Chemical Detectors                       II-84
        Infrared Imaging Systems and Components                         II-84
        Military Ground Communications                                  II-85
        Land-Based Surveillance Radar                                   II-85
        Others                                                          II-85
      Space Equipment                                                   II-85
       Launch Vehicles                                                  II-85
       Communications Satellites                                        II-85
       Earth Observation Satellites                                     II-85
       A-to-Z of Satellite                                              II-85
        Satellite:                                                      II-85
        Orbit:                                                          II-86
        Low Earth Orbit (LEO):                                          II-86
        Medium Earth Orbit (MEO):                                       II-86
        Geostationary Earth Orbit (GEO):                                II-86
        Satellite’s Footprint:                                          II-86
        Burn:                                                           II-86
       The Interior of a Satellite                                      II-86
        The Propulsion Subsystem:                                       II-86
        The Power Subsystem:                                            II-87
        The Communications Subsystem:                                   II-87
        The Structures Subsystem:                                       II-87
        The Thermal Control Subsystem:                                  II-87
        The Attitude Control Subsystem:                                 II-87
        The Telemetry and Command Subsystem:                            II-87
         Satellite Sector: An Overview of Applications/Services         II-87
        The Launch of a Satellite                                       II-88
      GPS (Geotechnologies)                                             II-88
       Commercial Satellite Imaging                                     II-89
       Commercial Aerial Imaging                                        II-89
       GIS Software                                                     II-89
       Commercial SAR Data                                              II-89
       Commercial SAR Software                                          II-89
       Overview of Global Positioning Systems (GPS)                     II-89
      Application Areas                                                 II-89
       Space-Based Earth Observation Systems                            II-90
       Major Remote Sensing Instruments and Satellites                  II-91
       Satellite Navigation System                                      II-91
       The Galileo System                                               II-92
        EGNOS - The Precursor for Galileo                               II-92
       Focus on Select Aircraft Types                                   II-92
        Commercial Jets                                                 II-92
        Business Jets                                                   II-92
        Helicopters                                                     II-92
        Regional Jets                                                   II-92
        Aircraft - A Sneak Preview                                      II-93
         An Aircraft Timeline                                           II-93
         Commercial/Military Aircraft Models                            II-94
         Aircraft Categories                                            II-96
        Military Aircraft                                               II-97
         F-15E Strike Eagle (Fighter Plane):                            II-97
         Armament:                                                      II-97
         Dimensions:                                                    II-97

  4. RECENT INDUSTRY ACTIVITY                                           II-98
      Vector Aerospace Enters into Agreement with Aerotech for
       Extending Engine Repair & Overhaul Services                      II-98
      PositiveID and UTC Aerospace Systems Enter into Agreement to
       Support US DOD Contract                                          II-98
      Bombardier Appoints CAE as its Authorized Training Provider       II-98
      Rolls-Royce Signs Agreement to Supply 600 AE2100 Turboprops to
       Power All Versions of C-130J Super Hercules Aircraft             II-98
      CACI Secures US Navy Contract to Supply C4ISR systems             II-98
      Liberty Hall Announces Acquisition of McCann Aerospace            II-98
      Merex Group Completes Acquisition of Kellstorm Defense Aerospace  II-99
      Orbital and ATK Aerospace Enter into Merger Agreement             II-99
      Textron Acquires Beechcraft                                       II-99
      HAECO Acquires TIMCO Aviation Services                            II-99
      Mitsubishi Heavy Industries (MHI) and IHI Corporation Mull
       Merging Assets                                                   II-99
      Greenwich Aerogroup Merges Two Subsidiaries                       II-99
      Google Buys Titan Aerospace                                       II-99
      UTC Aerospace and Embraer Partner to Demonstrate Next
       Generation Electric Braking System                               II-100
      UTC Aerospace Unveils Cloud Cap Technology Piccolo Nano Autopilot II-100
      Boeing and Tawazun Precision Industries Partner to Establish
       Production Aerospace Surface Treatment Facility in UAE           II-100
      Penton Aviation Announces Formation of Penton Business
       Aviation Market Group                                            II-100
      Bombardier Signs Firm Purchase Agreement With American
       Airlines for 30 CRJ900 Aircraft                                  II-100
      SAAB Concludes Agreement with Swedish Defence Materiel
       Administration (FMV) for GripenE Aircraft                        II-100
      ADASI and Boeing Conclude Teaming Agreement to Serve Unmanned
       Systems Market in the Region                                     II-100
      ARNIC Direct and Honeywell Enter Into an Agreement to Extend
       Inmarsat’s GX Aviation Global Ka-Band Solution to Business
        Aviation Market                                                 II-101
      Boeing Unveils 787-10 Dreamliner Commercial Aircraft              II-101
      Textron AirLand Unveils Prototype Scorpion Strike-ISR Aircraft    II-101
      BAE Confirms Contract to Supply Active Side Sticks as well as
       Flight Control Electronics for Embraer’s KC-390 Air
        refuelling and Transport Aircraft                               II-101
      Boeing Secures Two DOD Contracts                                  II-101
      Mubadala Aerospace Announces Agreement With Airbus                II-101
      Rolls-Royce Enters into Partnership with Mubadala                 II-101
      Malindo Air Enters into Agreement with Abacus International       II-101
      AAR Ramps Up Third Line of Maintenance to Serve Air Canada’s
       Commercial Aircraft Fleet                                        II-102
      Ball Aerospace’s STPSat-3 Arrives at Launch Facility Based at
       Wallops Island                                                   II-102
      Air Force Launches Sixth of its Wideband Statcom Satellite
       Successfully                                                     II-102
      Brahmos Secures Large Order from Indian Defense Forces            II-102
      TAT Technologies Secures Lockheed Martin’s Contract               II-102
      ATK Technologies Supports Delta IV Rocket Launch                  II-102
      Boeing Inks Contract to Supply Eight P8-I Aircraft to Indian Navy II-102
      MBDA Inks MOU Missile Launchers with Lockheed Martin              II-102
      Elbit Partners With Sharp Aviation to Establish JV Company        II-103
      Lighter Than Air Provides Six Aerostats and Trailer Mounted
       Launcher System to US Army Space and Missile Defense Command     II-103
      Second of the Space Based Infrared System (SBIRS) Launched
       From Cape Canaveral                                              II-103
      Lockheed Martin Wins US Army Aviation and Missile Command PAC-
       3 Contract                                                       II-103
      Sensintel Buys BAE’s Unmanned Ariel Systems Business              II-103
      AVIC International Acquires Manufacturing Assets of Thielert
       Aircraft Engines GmbH                                            II-103
      GE Successfully Acquires Avio’s Aviation Related Business         II-103
      Liberty Hall Buys Precise Machining & Manufacturing               II-104
      Air Industries Acquires Miller Stuart                             II-104
      Astronics Inks Agreement to Acquire PGA Electronic                II-104
      Benchmark Electronics Acquires CTS Corp’s EMS Segment             II-104
      RTI International Acquires of Osborn Metal’s Osborn Steel
       Extrusions Business Unit                                         II-104
      Astronics Buys AeroSat                                            II-104
      United Performance Metals Acquires Vulcanium                      II-104
      Cobham Buys FB Leasing and FB Heliservices                        II-105
      Parkway Products Completes Sale of its Aerospace & Defense
       Business to EDAC Technologies                                    II-105
      ACG and Edgewater Funds Partner to Acquire Tods Aerospace &
       Defense                                                          II-105
      Data Device Acquires API Technologies Data Bus Product Line       II-105
      Astronics Agrees With PECO to Extend Closing Date of Acquisition  II-105
      Safran May Buy Avio Spazio                                        II-105
      Vance Street Capital Closes Acquisition of Smart Electronics &
       Assembly                                                         II-105
      Tactical Air Defense Services Inks LOI to Acquire Air 1 Flight
       Support                                                          II-106
      Mahindra to Acquire 26% Stake in Defense JV with BAE Systems      II-106
      TriMas Acquires Martinic Engineering                              II-106
      PRV Aerospace Buys Astro Spar                                     II-106
      Moog Buys Broad Reach Engineering                                 II-106
      Precision Cast Parts Agrees to Acquire Synchronous Aerospace
       Group                                                            II-106
      LMI Aerospace Successfully Acquires Valent Aerostructures         II-106
      Eurocopter Inaugurates New Helicopter Support Facility in
       Perth Australia                                                  II-107
      Fidelity Technologies and Cubewano Ink Licensing Pact             II-107
      ATK Secures US Navy Contract for Manufacturing Supersonic Air
       -Launched Tactical Missiles                                      II-107
      Sikorsky and PZL Mielec Ink LOI with Principal MRO Company in
       Poland                                                           II-107
      Boeing Inks 5 Year Contract with Dassault Systemes to Extend
       Use of Company’s Applications                                    II-107
      Clockwork Unveils Product Suite for Aerospace & Defense           II-107
      Kaman and Kineco Enter into an Agreement India Based
       Manufacturing Company                                            II-107
      AES and Panasonic Avionics Ink Multi-Year Master Supply Agreement II-108
      BAE Systems Completes Construction of its New Texas Based
       Manufacturing Center                                             II-108
      Boeing and IAI Expand Collaboration on Arrow Anti-Ballistic
       Missile Program                                                  II-108
      ARNIC Forms Subsidiary for Providing MRO Services for Defense
       and Commercial Market                                            II-108
      Delta Airlines to Introduce Gogo’s Transoceanic Inflight
       Internet Service on its Fleet of 150 International Long Haul
        Aircraft                                                        II-108
      Southwest Airlines Previews New Inflight Entertainment Facility   II-108
      Mena Aerospace and Gal Aviation Join to Form Galmena Joint
       Venture                                                          II-108
      Passaredo Linhas Aéreas Inducts New ATR 72-600                    II-108
      Pratt & Whitney Canada Inks MRO Service Agreement With Pacific
       Royale Airways                                                   II-109
      GALMENA and ExecuJet Ink Service Agreement                        II-109
      Honeywell and Inmarsat Ink Agreement to Offer Inflight
       Connectivity Services                                            II-109
      AAR Adds Aircraft Engine Fuel Pumps Repair & Overhaul Services
       to its MRO Services Portfolio                                    II-109
      Thales and CECTA Ink Agreement on Joint Venture for COMAC C919
       Aircraft                                                         II-109
      COMAC and Boeing Ink Collaboration Agreement                      II-109
      IAE Inks Fleet Hour Agreement with United Airlines                II-109
      PAG Introduces New Rotorcraft Services Division Business at
       its Subsidiary                                                   II-109
      Gulfstream Expands Its Preowned Aircraft Sales to Include
       Brokerage Services                                               II-110
      B/E Aerospace Inks Agreement to Acquire Interturbine              II-110
      Marubeni Partners With Magellan                                   II-110
      Epic Aircraft Set to Be Acquired By Engineering LLC               II-110
      TransDigm Completes Acquisition of AmSafe                         II-110

  5. FOCUS ON SELECT GLOBAL PLAYERS                                     II-111
      Arianespace SA (France)                                           II-111
      ATR (France)                                                      II-111
      B/E Aerospace, Inc. (USA)                                         II-111
      BAE Systems Plc (United Kingdom)                                  II-112
      Ball Aerospace & Technologies Corporation (USA)                   II-112
      Bell Helicopter Textron, Inc (USA)                                II-112
      Bombardier, Inc. (Canada)                                         II-113
      Cessna Aircraft Company (USA)                                     II-113
      CFM International Inc. (USA)                                      II-113
      DAHER-SOCATA (France)                                             II-114
      Airbus Group (Netherlands)                                        II-114
       Airbus S.A.S (France)                                            II-114
      Embraer SA (Brazil)                                               II-115
      Finmeccanica S.p.A. (Italy)                                       II-115
       AgustaWestland S.p.A (Italy)                                     II-116
      GE Aviation (USA)                                                 II-116
      Gulfstream Aerospace Corporation (USA)                            II-116
      Hawker Beechcraft Corporation (USA)                               II-117
      Honeywell International, Inc. (USA)                               II-117
      Ilyushin Aviation Complex JSC (Russia)                            II-118
      IRKUT Corporation (Russia)                                        II-118
      Israel Aerospace Industries Ltd (Israel)                          II-118
      Kaman Corporation (USA)                                           II-118
      Lockheed Martin Corporation (USA)                                 II-119
      MBDA Missile Systems (USA)                                        II-120
      Northrop Grumman Corporation (USA)                                II-120
      Pratt & Whitney (USA)                                             II-120
      Raytheon Company (USA)                                            II-121
      Rolls-Royce Plc (United Kingdom)                                  II-121
      RUAG AG (Switzerland)                                             II-122
      Sikorsky Aircraft Corporation (USA)                               II-122
      Snecma SA (France)                                                II-122
      Thales Group (France)                                             II-123
      The Boeing Company (USA)                                          II-123
      Turbomeca SA (France)                                             II-124
      UTC Aerospace Systems (USA)                                       II-124

  6. GLOBAL MARKET PERSPECTIVE                                          II-125
      Table 36: World Recent Past, Current & Future Analysis for
      Aerospace and Defense Industry by Geographic Region - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
      East, and Latin America Markets Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2013 through
      2020 (includes corresponding Graph/Chart)                         II-125

      Table 37: World Historic Review for Aerospace and Defense
      Industry by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East, and Latin America
      Markets Independently Analyzed with Annual Sales Figures in
      US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)                                        II-126

      Table 38: World 15-Year Perspective for Aerospace and Defense
      Industry by Geographic Region - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Middle East, and Latin America Markets for Years 2006,
      2014 & 2020 (includes corresponding Graph/Chart)                  II-127
      Aerospace and Defense Industry by Sector                          II-128
      Table 39: World Recent Past, Current & Future Analysis for
      Aircraft Products & Services by Geographic Region - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
      East, and Latin America Markets Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2013 through
      2020 (includes corresponding Graph/Chart)                         II-128

      Table 40: World Historic Review for Aircraft Products &
      Services by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East, and Latin America
      Markets Independently Analyzed with Annual Sales Figures in
      US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)                                        II-129

      Table 41: World 15-Year Perspective for Aircraft Products &
      Services by Geographic Region - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Middle East, and Latin America Markets for Years 2006,
      2014 & 2020 (includes corresponding Graph/Chart)                  II-130

      Table 42: World Recent Past, Current & Future Analysis for
      Aircraft Products & Services by Product Segment - Airframe,
      Aircraft Engines, Aircraft Components, Commercial Avionics,
      Military Avionics, In-flight Entertainment, and MRO
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2013 through 2020 (includes corresponding
      Graph/Chart)                                                      II-131

      Table 43: World Historic Review for Aircraft Products &
      Services by Product Segment - Airframe, Aircraft Engines,
      Aircraft Components, Commercial Avionics, Military Avionics,
      In-flight Entertainment, and MRO Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2006 through
      2012 (includes corresponding Graph/Chart)                         II-132

      Table 44: World 15-Year Perspective for Aircraft Products &
      Services by Product Segment - Percentage Breakdown of Dollar
      Sales for Airframe, Aircraft Engines, Aircraft Components,
      Commercial Avionics, Military Avionics, In-flight
      Entertainment, and MRO for Years 2006, 2014 & 2020 (includes
      corresponding Graph/Chart)                                        II-133

      Table 45: World Recent Past, Current & Future Analysis for
      Missiles by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East, and Latin America
      Markets Independently Analyzed with Annual Sales Figures in
      US$ Million for Years 2013 through 2020 (includes
      corresponding Graph/Chart)                                        II-134

      Table 46: World Historic Review for Missiles by Geographic
      Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Middle East, and Latin America Markets Independently
      Analyzed with Annual Sales Figures in US$ Million for Years
      2006 through 2012 (includes corresponding Graph/Chart)            II-135

      Table 47: World 15-Year Perspective for Missiles by Geographic
      Region - Percentage Breakdown of Dollar Sales for US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
      and Latin America Markets for Years 2006, 2014 & 2020
      (includes corresponding Graph/Chart)                              II-136

      Table 48: World Recent Past, Current & Future Analysis for
      Missiles by Product Segment - Air-to Air, Air-to-Surface, Air
      Defense, Surface-to-Surface, Antiship, Antitank, Bombs
      (Guided), Intelligent Munitions, and Others Independently
      Analyzed with Annual Sales Figures in US$ Million for Years
      2013 through 2020 (includes corresponding Graph/Chart)            II-137

      Table 49: World Historic Review for Missiles by Product
      Segment - Air-to Air, Air-to-Surface, Air Defense,
      Surface-to-Surface, Antiship, Antitank, Bombs (Guided),
      Intelligent Munitions, and Others Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2006 through
      2012 (includes corresponding Graph/Chart)                         II-138

      Table 50: World 15-Year Perspective for Missiles by Product
      Segment - Percentage Breakdown of Dollar Sales for Air-to Air,
      Air-to-Surface, Air Defense, Surface-to-Surface, Antiship,
      Antitank, Bombs (Guided), Intelligent Munitions, and Others
      for Years 2006, 2014 & 2020 (includes corresponding
      Graph/Chart)                                                      II-139

      Table 51: World Recent Past, Current & Future Analysis for
      Aircraft Training & Simulation by Geographic Region - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
      East, and Latin America Markets Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2013 through
      2020 (includes corresponding Graph/Chart)                         II-140

      Table 52: World Historic Review for Aircraft Training &
      Simulation by Geographic Region - US, Canada, Japan, Europe,
      Asia-Pacific (excluding Japan), Middle East, and Latin America
      Markets Independently Analyzed with Annual Sales Figures in
      US$ Million for Years 2006 through 2012 (includes
      corresponding Graph/Chart)                                        II-141

      Table 53: World 15-Year Perspective for Aircraft Training &
      Simulation by Geographic Region - Percentage Breakdown of
      Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East, and Latin America Markets for
      Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)      II-142

      Table 54: World Recent Past, Current & Future Analysis for
      Aircraft Training & Simulation by Product Segment - CBT &
      E-Learning, Commercial Flight Simulation, and Military Flight
      Simulation Independently Analyzed with Annual Sales Figures in
      US$ Million for Years 2013 through 2020 (includes
      corresponding Graph/Chart)                                        II-143

      Table 55: World Historic Review for Aircraft Training &
      Simulation by Product Segment - CBT & E-Learning, Commercial
      Flight Simulation, and Military Flight Simulation
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2006 through 2012 (includes corresponding
      Graph/Chart)                                                      II-144

      Table 56: World 15-Year Perspective for Aircraft Training &
      Simulation by Product Segment - Percentage Breakdown of Dollar
      Sales for CBT & E-Learning, Commercial Flight Simulation, and
      Military Flight Simulation for Years 2006, 2014 & 2020
      (includes corresponding Graph/Chart)                              II-145

      Table 57: World Recent Past, Current & Future Analysis for
      C4ISR & Related Systems by Geographic Region - US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
      and Latin America Markets Independently Analyzed with Annual
      Sales Figures in US$ Million for Years 2013 through 2020
      (includes corresponding Graph/Chart)                              II-146

      Table 58: World Historic Review for C4ISR & Related Systems by
      Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East, and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2006 through 2012 (includes corresponding
      Graph/Chart)                                                      II-147

      Table 59: World 15-Year Perspective for C4ISR & Related
      Systems by Geographic Region - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Middle East, and Latin America Markets for Years 2006,
      2014 & 2020 (includes corresponding Graph/Chart)                  II-148

      Table 60: World Recent Past, Current & Future Analysis for
      C4ISR & Related Systems by Product Segment - Unmanned Aerial
      Vehicle, Electronic Warfare, Mine Countermeasures, Naval Radar
      and Sonar, Chemical & Biological Agent Detectors, Infrared
      Imaging Systems and Components, Military Ground
      Communications, Land-Based Surveillance Radar, and Others
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2013 through 2020 (includes corresponding
      Graph/Chart)                                                      II-149

      Table 61: World Historic Review for C4ISR & Related Systems by
      Product Segment - Unmanned Aerial Vehicle, Electronic Warfare,
      Mine Countermeasures, Naval Radar and Sonar, Chemical &
      Biological Agent Detectors, Infrared Imaging Systems and
      Components, Military Ground Communications, Land-Based
      Surveillance Radar, and Others Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2006 through
      2012 (includes corresponding Graph/Chart)                         II-150

      Table 62: World 15-Year Perspective for C4ISR & Related
      Systems by Product Segment - Percentage Breakdown of Dollar
      Sales for Unmanned Aerial Vehicle, Electronic Warfare, Mine
      Countermeasures, Naval Radar and Sonar, Chemical & Biological
      Agent Detectors, Infrared Imaging Systems and Components,
      Military Ground Communications, Land-Based Surveillance Radar,
      and Others for Years 2006, 2014 & 2020 (includes corresponding
      Graph/Chart)                                                      II-151

      Table 63: World Recent Past, Current & Future Analysis for
      Space Equipment by Geographic Region - US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2013 through 2020 (includes
      corresponding Graph/Chart)                                        II-152

      Table 64: World Historic Review for Space Equipment by
      Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East, and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2006 through 2012 (includes corresponding
      Graph/Chart)                                                      II-153

      Table 65: World 15-Year Perspective for Space Equipment by
      Geographic Region - Percentage Breakdown of Dollar Sales for
      US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Middle East, and Latin America Markets for Years 2006, 2014 &
      2020 (includes corresponding Graph/Chart)                         II-154

      Table 66: World Recent Past, Current & Future Analysis for
      Space Equipment by Product Segment - Launch Vehicles,
      Communications Satellites, and Earth Observation Satellites
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2013 through 2020 (includes corresponding
      Graph/Chart)                                                      II-155

      Table 67: World Historic Review for Space Equipment by Product
      Segment - Launch Vehicles, Communications Satellites, and
      Earth Observation Satellites Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2006 through
      2012 (includes corresponding Graph/Chart)                         II-156

      Table 68: World 15-Year Perspective for Space Equipment by
      Product Segment - Percentage Breakdown of Dollar Sales for
      Launch Vehicles, Communications Satellites, and Earth
      Observation Satellites for Years 2006, 2014 & 2020 (includes
      corresponding Graph/Chart)                                        II-157

      Table 69: World Recent Past, Current & Future Analysis for GPS
      (Geotechnologies) by Geographic Region - US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Middle East, and Latin
      America Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2013 through 2020 (includes
      corresponding Graph/Chart)                                        II-158

      Table 70: World Historic Review for GPS (Geotechnologies) by
      Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Middle East, and Latin America Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2006 through 2012 (includes corresponding
      Graph/Chart)                                                      II-159

      Table 71: World 15-Year Perspective for GPS (Geotechnologies)
      by Geographic Region - Percentage Breakdown of Dollar Sales
      for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
      Middle East, and Latin America Markets for Years 2006, 2014 &
      2020 (includes corresponding Graph/Chart)                         II-160

      Table 72: World Recent Past, Current & Future Analysis for GPS
      (Geotechnologies) by Product Segment - Commercial Satellite
      Imaging, Commercial Aerial Imaging, GIS Software, Commercial
      SAR Data, and Commercial SAR Software Independently Analyzed
      with Annual Sales Figures in US$ Million for Years 2013
      through 2020 (includes corresponding Graph/Chart)                 II-161

      Table 73: World Historic Review for GPS (Geotechnologies) by
      Product Segment - Commercial Satellite Imaging, Commercial
      Aerial Imaging, GIS Software, Commercial SAR Data, and
      Commercial SAR Software Independently Analyzed with Annual
      Sales Figures in US$ Million for Years 2006 through 2012
      (includes corresponding Graph/Chart)                              II-162

      Table 74: World 15-Year Perspective for GPS (Geotechnologies)
      by Product Segment - Percentage Breakdown of Dollar Sales for
      Commercial Satellite Imaging, Commercial Aerial Imaging, GIS
      Software, Commercial SAR Data, and Commercial SAR Software for
      Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)      II-163


 III. MARKET

  1. THE UNITED STATES                                                  III-1
      A.Market Analysis                                                 III-1
        US A&D Industry                                                 III-1
        Improving Commercial Aviation Sector to Boost Demand
         Prospects for Aircraft Products & Services                     III-2
        Despite Military Budget Cuts, Aircraft Products & Services
         and Other Defense Related Solutions to See Considerable
          Growth Prospects                                              III-2
        Market Trends and Issues                                        III-2
         Flight Simulation Technology Continues to Find Adoption        III-2
         Increasing Safety-Awareness Boosts Flight Simulation Market    III-3
         Search, Detection, and Navigation Instruments to Witness
          Rapid Growth                                                  III-3
         Unmanned Aerial Vehicles - Defense Programs Perk Up Sector     III-3
         Absence of Dedicated Regulatory Body: Major Bottleneck in
          Commercial UAV Missions                                       III-4
         Aircraft Replacements Drive Demand for Aircraft Products       III-4
         “Availability Contracting” Commanding Increased Preference
          in MRO Arena                                                  III-4
         Defense Contracting - Primarily Dictated by Government         III-4
         Outsourcing - Looming Large Over the Aerospace Industry        III-5
        US Commercial Space Transportation Sector: An Overview          III-5
         Smaller Satellite Launches Keeps Orders for New Launch
          Vehicles Coming Despite Decommissioning of US Space
           Shuttles                                                     III-6
         Development of Space Based Infrastructure to Support Anti
          Ballistic Missile Shield - Spurs Activity in Satellite
           Launch Business                                              III-6
        Major Aerospace and Defense Federal Departments                 III-6
         National Aeronautics and Space Administration (NASA)           III-7
         Department of Defense (DoD)                                    III-7
         Federal Aviation Administration (FAA)                          III-7
         Department of Homeland Security (DHS)                          III-7
        Regulatory Environment                                          III-7
         Environmental Regulations                                      III-8
         Regulatory Framework for Defense Related Exports               III-8
         Select Regulatory Bodies                                       III-8
          The Office of Defense Trade Controls                          III-8
          The Bureau of Export Administration                           III-9
        Industry Structure                                              III-9
         Challenges for Market Participants                             III-9
          High Entry Barriers                                           III-9
          Rising Production Costs                                       III-9
          Industry Structure Undergoing Transformation                  III-10
          Increasing Competition                                        III-10
          The European Onslaught                                        III-10
           A Focus on Major US and European Players by Competitive Area III-10
          Federal Control - Major Bottleneck for US Aerospace and
           Defense Sales                                                III-10
           Risk Elements for US Commercial Remote Sensing Satellite
            Companies                                                   III-11
        Recent Industry Activity                                        III-11
        Key Players                                                     III-19
      B.Market Analytics                                                III-28
        Table 75: US Recent Past, Current & Future Analysis for
        Aerospace and Defense Industry by Industrial Sector/Segment -
        Aircraft Products & Services; Missiles; Aircraft Training &
        Simulation; C4ISR & Related; Space Equipment; and GPS
        (Geotechnologies) Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart)                                      III-28

        Table 76: US Historic Review for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies)
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-30

        Table 77: US 15-Year Perspective for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Percentage
        Breakdown of Dollar Sales for Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-32

  2. CANADA                                                             III-33
      A.Market Analysis                                                 III-33
        Profile of the Canadian Aerospace and Defense Industry          III-33
        Competitive Scenario                                            III-33
        Planning the Future                                             III-34
        Recent Industry Activity                                        III-34
        Bombardier, Inc. A Key Canadian Player                          III-34
      B.Market Analytics                                                III-35
        Table 78: Canadian Recent Past, Current & Future Analysis
        for Aerospace and Defense Industry by Industrial
        Sector/Segment - Aircraft Products & Services; Missiles;
        Aircraft Training & Simulation; C4ISR & Related; Space
        Equipment; and GPS (Geotechnologies) Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-35

        Table 79: Canadian Historic Review for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies)
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-37

        Table 80: Canadian 15-Year Perspective for Aerospace and
        Defense Industry by Industrial Sector/Segment - Percentage
        Breakdown of Dollar Sales for Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-39

  3. JAPAN                                                              III-40
      A.Market Analysis                                                 III-40
        Aerospace Industry: An Overview                                 III-40
         Evolution of the Japanese Aerospace Industry                   III-40
         Increasing Role of Joint Ventures in Industry Development      III-40
         Progress of the Aeroengines Sector                             III-41
         Initiative for Developing Regional Jet Indigenously Bodes
          Well For Japanese Aerospace Market                            III-41
         Business Aviation: An Overview                                 III-41
          Regulatory Barriers Faced by Business Aviation                III-41
        Defense Procurement Programs                                    III-42
        Japan’s Journey Through Space Over the Years                    III-42
         Satellite Launches                                             III-42
          Japanese Scientific & Engineering Test Satellites and Purpose III-43
        Recent Industry Activity                                        III-43
        Key Players                                                     III-43
      B.Market Analytics                                                III-46
        Table 81: Japanese Recent Past, Current & Future Analysis
        for Aerospace and Defense Industry by Industrial
        Sector/Segment - Aircraft Products & Services; Missiles;
        Aircraft Training & Simulation; C4ISR & Related; Space
        Equipment; and GPS (Geotechnologies) Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-46

        Table 82: Japanese Historic Review for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies)
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-48

        Table 83: Japanese 15-Year Perspective for Aerospace and
        Defense Industry by Industrial Sector/Segment - Percentage
        Breakdown of Dollar Sales for Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-50

  4. EUROPE                                                             III-51
      A.Market Analysis                                                 III-51
        From Competing to Collaborating - The Changing Face of
         European Aerospace Industry                                    III-51
        Low Cost Carriers to Rise in Number - Drive Demand for
         Commercial Aircraft Products & Services                        III-52
        Industry Characteristics                                        III-52
         Civil and Defense Relationships                                III-52
         Cyclical Nature of Industry                                    III-52
         A Capital-Intensive Industry                                   III-53
         The ‘Consolidation’ Episode                                    III-53
          European Missile Sector Consolidation                         III-54
         Privatization                                                  III-55
        Relationship between the EU and the US Over the Years           III-55
         EU Lends Massive Push to R&D Funding                           III-55
         Widening Technological Divide between Europe and the US        III-55
          Where the Europeans Fall Behind the Americans?                III-56
           Programs:                                                    III-56
           Procurements:                                                III-56
           Consolidation:                                               III-56
           Bridging the Technology Gap: Vital for European Aerospace
            & Defense Companies                                         III-56
           Technology Transfer - A Key Issue                            III-56
           European Companies Gain Foothold                             III-56
        European Aerospace Companies Head Eastwards                     III-57
         Destination China                                              III-57
         India - Another Potential Market in Sight                      III-57
        Aviation Regulator Body                                         III-57
         European Aviation Safety Agency (EASA)                         III-57
      B.Market Analytics                                                III-58
        Table 84: European Recent Past, Current & Future Analysis
        for Aerospace and Defense Industry by Geographic Region -
        France, Germany, Italy, UK, Spain, Russia and Rest of Europe
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart)                                      III-58

        Table 85: European Historic Review for Aerospace and Defense
        Industry by Geographic Region - France, Germany, Italy, UK,
        Spain, Russia and Rest of Europe Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2006 through 2012 (includes corresponding Graph/Chart)          III-59

        Table 86: European 15-Year Perspective for Aerospace and
        Defense Industry by Geographic Region - Percentage Breakdown
        of Dollar Sales for France, Germany, Italy, UK, Spain,
        Russia and Rest of Europe Markets for Years 2006, 2014 &
        2020 (includes corresponding Graph/Chart)                       III-60

        Table 87: European Recent Past, Current & Future Analysis
        for Aerospace and Defense Industry by Industrial
        Sector/Segment - Aircraft Products & Services; Missiles;
        Aircraft Training & Simulation; C4ISR & Related; Space
        Equipment; and GPS (Geotechnologies) Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-61

        Table 88: European Historic Review for Aerospace and Defense
        Industry by Industrial Sector/Segment - Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies)
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-63

        Table 89: European 15-Year Perspective for Aerospace and
        Defense Industry by Industrial Sector/ Segment - Percentage
        Breakdown of Dollar Sales for Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-65

  4a. FRANCE                                                            III-66
      A.Market Analysis                                                 III-66
        Civil Aviation Industry                                         III-66
        Defense-Related Sector: An Overview                             III-66
         OCCAR to Play Key Role in Future Procurement Programs          III-66
         DGA - Direction General de l'Armement                          III-66
        Recent Industry Activity                                        III-67
        Key Players                                                     III-67
      B.Market Analytics                                                III-72
        Table 90: French Recent Past, Current & Future Analysis for
        Aerospace and Defense Industry by Industrial Sector/Segment -
        Aircraft Products & Services; Missiles; Aircraft Training &
        Simulation; C4ISR & Related; Space Equipment; and GPS
        (Geotechnologies) Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart)                                      III-72

        Table 91: French Historic Review for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies)
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-74

        Table 92: French 15-Year Perspective for Aerospace and
        Defense Industry by Industrial Sector/Segment - Percentage
        Breakdown of Dollar Sales for Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-76

  4b. GERMANY                                                           III-77
      A.Market Analysis                                                 III-77
        Recent Industry Activity                                        III-77
        Key Players                                                     III-77
      B.Market Analytics                                                III-78
        Table 93: German Recent Past, Current & Future Analysis for
        Aerospace and Defense Industry by Industrial Sector/Segment -
        Aircraft Products & Services; Missiles; Aircraft Training &
        Simulation; C4ISR & Related; Space Equipment; and GPS
        (Geotechnologies) Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart)                                      III-78

        Table 94: German Historic Review for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies)
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-80

        Table 95: German 15-Year Perspective for Aerospace and
        Defense Industry by Industrial Sector/Segment - Percentage
        Breakdown of Dollar Sales for Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-82

  4c. ITALY                                                             III-83
      A.Market Analysis                                                 III-83
        Industry Overview and Issues                                    III-83
        Industry Structure                                              III-83
        Recent Industry Activity                                        III-84
        Key Players                                                     III-84
      B.Market Analytics                                                III-86
        Table 96: Italian Recent Past, Current & Future Analysis for
        Aerospace and Defense Industry by Industrial Sector/Segment -
        Aircraft Products & Services; Missiles; Aircraft Training &
        Simulation; C4ISR & Related; Space Equipment; and GPS
        (Geotechnologies) Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart)                                      III-86

        Table 97: Italian Historic Review for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies)
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-88

        Table 98: Italian 15-Year Perspective for Aerospace and
        Defense Industry by Industrial Sector/Segment - Percentage
        Breakdown of Dollar Sales for Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-90

  4d. THE UNITED KINGDOM                                                III-91
      A.Market Analysis                                                 III-91
        Industry Overview                                               III-91
         UK’s South East Region - The Hub of Domestic Aerospace
          Industry                                                      III-91
         Government Support: The Crucial Component                      III-91
        Recent Industry Activity                                        III-92
        Key Player                                                      III-93
      B.Market Analytics                                                III-94
        Table 99: UK Recent Past, Current & Future Analysis for
        Aerospace and Defense Industry by Industrial Sector/Segment -
        Aircraft Products & Services; Missiles; Aircraft Training &
        Simulation; C4ISR & Related; Space Equipment; and GPS
        (Geotechnologies) Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2013 through 2020 (includes
        corresponding Graph/Chart)                                      III-94

        Table 100: UK Historic Review for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies)
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-96

        Table 101: UK 15-Year Perspective for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Percentage
        Breakdown of Dollar Sales for Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-98

  4e. SPAIN                                                             III-99
      A.Market Analysis                                                 III-99
        Overview                                                        III-99
      B.Market Analytics                                                III-100
        Table 102: Spanish Recent Past, Current & Future Analysis
        for Aerospace and Defense Industry by Industrial
        Sector/Segment - Aircraft Products & Services; Missiles;
        Aircraft Training & Simulation; C4ISR & Related; Space
        Equipment; and GPS (Geotechnologies) Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-100

        Table 103: Spanish Historic Review for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies)
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-102

        Table 104: Spanish 15-Year Perspective for Aerospace and
        Defense Industry by Industrial Sector/Segment - Percentage
        Breakdown of Dollar Sales for Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-104

  4f. RUSSIA                                                            III-105
      A.Market Analysis                                                 III-105
        Aerospace & Defense Industry Flourishes in Russia               III-105
        Encouraging Demand for Commercial Aircraft Boosts Prospects
         for Aircraft Products & Services                               III-105
        Aerospace Industry Over the Years - A Historical Perspective    III-106
        Consolidation to Pool Resources                                 III-107
        Challenges                                                      III-107
        Recent Industry Activity                                        III-107
        Key Players                                                     III-108
      B.Market Analytics                                                III-110
        Table 105: Russian Recent Past, Current & Future Analysis
        for Aerospace and Defense Industry by Industrial
        Sector/Segment - Aircraft Products & Services; Missiles;
        Aircraft Training & Simulation; C4ISR & Related; Space
        Equipment; and GPS (Geotechnologies) Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-110

        Table 106: Russian Historic Review for Aerospace and Defense
        Industry by Industrial Sector/ Segment - Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies)
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2006 through 2012 (includes corresponding
        Graph/Chart)                                                    III-112

        Table 107: Russian 15-Year Perspective for Aerospace and
        Defense Industry by Industrial Sector/Segment - Percentage
        Breakdown of Dollar Sales for Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) for Years 2006,
        2014 & 2020 (includes corresponding Graph/Chart)                III-114

  4g. REST OF EUROPE                                                    III-115
      A.Market Analysis                                                 III-115
        Recent Industry Activity                                        III-115
        Key Players                                                     III-115
      B.Market Analytics                                                III-118
        Table 108: Rest of Europe Recent Past, Current & Future
        Analysis for Aerospace and Defense Industry by Industrial
        Sector/Segment - Aircraft Products & Services; Missiles;
        Aircraft Training & Simulation; C4ISR & Related; Space
        Equipment; and GPS (Geotechnologies) Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-118

        Table 109: Rest of Europe Historic Review for Aerospace and
        Defense Industry by Industrial Sector/Segment - Aircraft
        Products & Services; Missiles; Aircraft Training &
        Simulation; C4ISR & Related; Space Equipment; and GPS
        (Geotechnologies) Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart)                                      III-120

        Table 110: Rest of Europe 15-Year Perspective for Aerospace
        and Defense Industry by Industrial Sector/Segment -
        Percentage Breakdown of Dollar Sales for Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies) for
        Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)    III-122

  5. ASIA-PACIFIC                                                       III-123
      A.Market Analysis                                                 III-123
        Asia-Pacific: In a Nutshell                                     III-123
        Booming Commercial Aviation Sector Offers Plenty of
         Opportunities for A&D Industry                                 III-123
         Aircraft Leasing Extends Aircraft Fleet - Bodes Well for
          Aircraft Products & Services                                  III-124
        Focus on Defense Industry in Asia-Pacific                       III-124
         Defense Spending on the Rise                                   III-124
         Center Stage of Future Defense Market Growth                   III-124
        MRO Market Takes Off                                            III-124
         Deregulation of Airline Industry Sounds Positive for MRO
          Market                                                        III-125
        Partnerships to Drive the Asian Aerospace & Defense Industry    III-125
        Focus on Select Regional Markets                                III-125
         Australia                                                      III-125
         China                                                          III-126
          Current Scenario                                              III-126
          Industry Structure                                            III-126
           AVIC I & II Enterprises                                      III-126
           Key Manufacturing Companies                                  III-126
            Major Companies and Organizations in China’s Civil
             Aviation Sector                                            III-127
             Manufacturing Companies                                    III-127
             Government Organizations                                   III-127
             Import & Export Companies                                  III-127
          Industry Overview and Trends                                  III-128
           The Dragon Gets off to Flying Start                          III-128
           An Aircraft Hub in the Making                                III-128
           Future Holds Immense Potential                               III-128
           Increasing Outbound Air Travel Boosts Chinese Aviation
            Market                                                      III-129
           Beijing, Shanghai, and Guangzhou: The Hub of Chinese Air
            Travel Demand                                               III-129
           Extensive Development on Cards                               III-129
           Continuing Liberalization in the Chinese Aviation Industry   III-130
           What’s in Store?                                             III-130
            China to Dominate the Global Aircraft Market in Next 20
             Years                                                      III-130
            China Well Poised to Lead Global Helicopter Market          III-131
            A Rapidly Growing Air Traffic Control Equipment Market      III-131
            Exhibits Significant Progress in Remote Sensing Technology  III-131
           Regional Jet Market Potential in China                       III-131
           Leading International Companies in the Chinese Aerospace
            Market                                                      III-132
            Airbus                                                      III-132
            Boeing                                                      III-132
            Rolls-Royce                                                 III-132
           Competition                                                  III-132
           Aircraft Parts Distributors                                  III-132
          Chinese and Foreign Aerospace Players - A Focus on Mutual
           Relationships                                                III-133
           Foreign Companies: Tracing Out New Opportunities in China    III-133
           Turning Over a New Leaf in the Relationship                  III-133
          Chinese Aircraft Parts & Components Industry                  III-133
          Chinese Defense Industry                                      III-134
           Industry Drawing Leverage from China’s Growing Technology
            Pool                                                        III-134
           Defense Industry Draws Significant Government Funding        III-134
           Ambiguity Surrounds China’s Technological Innovation
            Capability                                                  III-134
          Despite Substantial Growth  Inadequacies Remain               III-135
          Chinese Maintenance, Repair and Overhaul (MRO) Industry       III-135
           MRO Market Making Rapid Moves                                III-135
          Regulatory Environment                                        III-135
         Hong Kong                                                      III-136
         India                                                          III-136
          Current Scenario                                              III-136
          Trends                                                        III-137
           Indian Aviation Sector: On an Upward Trajectory              III-137
           Indian Helicopter Market                                     III-137
           India to Expand Cruise Missile Production                    III-138
           Air Freight Market Gathers Momentum                          III-138
          Industry Overview                                             III-138
          Trends & Issues                                               III-138
           Growing Transformation in Indian Aerospace and Defense
            Sector                                                      III-138
           Bangalore: Home for Aircraft Research and Manufacturing
            Companies                                                   III-139
           Indian Aerospace Industry: Hotspot for Foreign Companies     III-139
            Outsourcing and Offsetting/Offshoring:                      III-139
            Raw Materials Supply:                                       III-139
            Supply of Fractional Aircraft and Executive Jets:           III-139
            Training Facilities:                                        III-139
            Catering Maintenance, Repair and Overhaul (MRO) Facility:   III-139
            Massive Growth in Civil Aviation Sector                     III-140
           India is Rapidly Becoming the Global Center for Aircraft
            Engineering Design                                          III-140
           MRO Market: Modest Growth Path                               III-140
           Issues Restricting the Modernization of Indian Defense
            Industry                                                    III-141
           ISRO Plays a Vital Role in the ‘Indigenous’ Indian Space
            Sector                                                      III-141
         Malaysia                                                       III-141
          Industry Overview                                             III-141
          Country Pursues Defense Upgradation Program                   III-141
         Singapore                                                      III-142
         South Korea                                                    III-142
          Aerospace and Defense Industry - A Review                     III-142
           On Going Modernization                                       III-142
           Strengthening Self-Defense                                   III-143
           Marching Ahead                                               III-143
           Defense Industry                                             III-143
           Korea Government Gives Green Signal to KHP Helicopter
            Development Program                                         III-143
         Taiwan                                                         III-144
          Aerospace Industry - An Overview                              III-144
         Thailand                                                       III-144
          Aerospace Industry - An Overview                              III-144
         Vietnam                                                        III-144
          Major Challenges Faced by Vietnam Aviation Sector             III-144
          New Strategies to Tap Opportunities                           III-145
          Vietnam Open to New Suppliers                                 III-145
         Philippines                                                    III-145
          Overview of the Aviation and Defense Industry                 III-145
        Recent Industry Activity                                        III-146
      B.Market Analytics                                                III-148
        Table 111: Asia-Pacific Recent Past, Current & Future
        Analysis for Aerospace and Defense Industry by Industrial
        Sector/Segment - Aircraft Products & Services; Missiles;
        Aircraft Training & Simulation; C4ISR & Related; Space
        Equipment; and GPS (Geotechnologies) Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-148

        Table 112: Asia-Pacific Historic Review for Aerospace and
        Defense Industry by Industrial Sector/Segment - Aircraft
        Products & Services; Missiles; Aircraft Training &
        Simulation; C4ISR & Related; Space Equipment; and GPS
        (Geotechnologies) Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart)                                      III-150

        Table 113: Asia-Pacific 15-Year Perspective for Aerospace
        and Defense Industry by Industrial Sector/Segment -
        Percentage Breakdown of Dollar Sales for Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies) for
        Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)    III-152

  6. THE MIDDLE EAST & AFRICA                                           III-153
      A.Market Analysis                                                 III-153
        Middle East Market - A Review                                   III-153
         Gulf Aviation Industry Growing                                 III-153
         International Operations - The Mainstay of Middle East LCCs    III-154
        Focus on Select Markets                                         III-154
         Saudi Arabia                                                   III-154
         United Arab Emirates                                           III-154
          UAE Venturing into Aircraft Leasing and Financing Business    III-154
          African Aerospace Market                                      III-155
           Europe- Africa’s Principal Trade Partner                     III-155
           A Prolific Market for Regional Jets                          III-155
        Recent Industry Activity                                        III-155
        Israel Aerospace Industries Ltd: A Key Regional Player          III-156
      B.Market Analytics                                                III-158
        Table 114: Middle East and Africa Recent Past, Current &
        Future Analysis for Aerospace and Defense Industry by
        Industrial Sector/Segment - Aircraft Products & Services;
        Missiles; Aircraft Training & Simulation; C4ISR & Related;
        Space Equipment; and GPS (Geotechnologies) Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2013 through 2020 (includes corresponding Graph/Chart)          III-158

        Table 115: Middle East and Africa Historic Review for
        Aerospace and Defense Industry by Industrial Sector/Segment -
        Aircraft Products & Services; Missiles; Aircraft Training &
        Simulation; C4ISR & Related; Space Equipment; and GPS
        (Geotechnologies) Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart)                                      III-160

        Table 116: Middle East and Africa 15-Year Perspective for
        Aerospace and Defense Industry by Industrial Sector/Segment -
        Percentage Breakdown of Dollar Sales for Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies) for
        Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)    III-162

  7. LATIN AMERICA                                                      III-163
      A.Market Analysis                                                 III-163
        Latin American Aviation Industry                                III-163
         Focus on Cost Optimization Spur Single-Aisle and Regional
          Jets Demand                                                   III-163
        Focus on Select Markets                                         III-163
         Mexico                                                         III-163
          Current Scenario                                              III-163
          Ongoing Projects in the Mexican Aerospace Industry            III-164
         Brazil                                                         III-164
          Commercial Aviation Sector                                    III-164
          Aeronautic Maintenance Sector                                 III-164
         Chile                                                          III-165
        Recent Industry Activity                                        III-165
        Embraer SA A Key Brazilian Player                               III-166
      B.Market Analytics                                                III-167
        Table 117: Latin American Recent Past, Current & Future
        Analysis for Aerospace and Defense Industry by Industrial
        Sector/Segment - Aircraft Products & Services; Missiles;
        Aircraft Training & Simulation; C4ISR & Related; Space
        Equipment; and GPS (Geotechnologies) Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2013
        through 2020 (includes corresponding Graph/Chart)               III-167

        Table 118: Latin American Historic Review for Aerospace and
        Defense Industry by Industrial Sector/Segment - Aircraft
        Products & Services; Missiles; Aircraft Training &
        Simulation; C4ISR & Related; Space Equipment; and GPS
        (Geotechnologies) Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2006 through 2012 (includes
        corresponding Graph/Chart)                                      III-169

        Table 119: Latin American 15-Year Perspective for Aerospace
        and Defense Industry by Industrial Sector/Segment -
        Percentage Breakdown of Dollar Sales for Aircraft Products &
        Services; Missiles; Aircraft Training & Simulation; C4ISR &
        Related; Space Equipment; and GPS (Geotechnologies) for
        Years 2006, 2014 & 2020 (includes corresponding Graph/Chart)    III-171


 IV. COMPETITIVE LANDSCAPE

     Total Companies Profiled: 368 (including Divisions/Subsidiaries - 477)

     The United States (214)
     Canada (21)
     Japan (18)
     Europe (174)
     - France (32)
     - Germany (31)
     - The United Kingdom (46)
     - Italy (10)
     - Spain (4)
     - Rest of Europe (51)
     Asia-Pacific (Excluding Japan) (30)
     Latin America (1)
     Africa (4)
     Middle East (15)
Additional Information:
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Date of Publication:
Aug 26, 2014
Number of Pages:
845 Pages
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