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Within the United States, there is only one major aircraft manufacturer?Boeing. Its only domestic rival, McDonnell Douglass, was swallowed up by the maker of 747s in 1997. However, buying McDonnell Douglass didn't take out the competition?Europe's Airbus Industries has been steadily gaining market share in recent years and now ranks as the number-one aircraft manufacturer in the world.
Other companies manufacture aircraft parts?GE manufactures engines and Raytheon makes radar systems?but nearly half of all aerospace dollars come from the defense market (Hoover's). Lockheed Martin derives about 80 percent of its revenue from defense contracts with the U...
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Common topics in this essay:
- Aerospace industry analysis
- British Aerospace Operating Environment
- The Aerospace Industry
- U.S. Federal Budget Deficit
- UK Aerospace sector
- Important figures in Aerospace History
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