Teal Group Corporation

The content presented below is taken form Teal Group's 2025/2026 World Civil Unmanned Aerial Systems Market Profile & Forecast The market for civil UAS will continue to be one of the most dynamic aerospace growth sectors through the beginning of the 2030s, emerging from a $10.8 billion market (value of air vehicles) in 2025 to double to $22.4 billion by 2034. That represents a 6.8% compound annual growth rate (CAGR) in constant dollars. Over the next 10 years the market will total $178 billion.

The C919 is a 150/180-seat single-aisle jet developed by China's COMAC. It is in the same size class as Airbus's A320neo and Boeing's 737MAX 8. In November 2023, COMAC unveiled two new variant concepts of the basic C919, a shrink to 130 seats and a stretch to 210 seats. Additional details were released in June 2025 at the Paris Air Show. Launched in 2008, the C919 uses General Electric Leap-1C engines as well as many other western sourced systems and components.

As a leading global aerospace & defense company, Lockheed Martin has looked to further its commanding market position through enhanced U.S. and international sales, new program wins, major acquisitions, and broadened capabilities in new and existing market segments. With F-35 looking to be growth constrained, Lockheed needs to win new opportunities that yield substantial revenue.

As we enter fall, we’ve taken the time to review our forecasts in a bit more detail now that most of the data for the first half of the year is in and we get a bit more clarity around trade policy. Subscribers can access the details through our web site. Business Aircraft The most significant change we’ve made is with business aircraft, so we’ll start there.

New Technologies for Golden Dome: OTH Radar A final important technology which is seeing a resurgence in need, applications, and funding – perhaps including and especially for Golden Dome – is Raytheon’s AN/TPS-71 ROTHR (Relocatable Over-The-Horizon Radar) network which currently provides valuable surveillance for the Coast Guard in anti-drug smuggling operations.

For full background and technical information and future evaluations, as well as comprehensive numerical 10-year forecasts for the full range of defense electronics systems, see Teal Group's three Military Electronics Briefing services at www.tealgroup.com Previously expected to be replaced by the F-35, the US now plans to keep the F-16 fleet flying well into the future.

Airbus maintains a leading position in the commercial jet airliner market. As Boeing continues to climb out of a deep hole, Airbus gains market share in the key narrow-body segment. It is working to solidify this position and extend its advantage into the foreseeable future. Yet the extent to which Airbus can take advantage of Boeing’s crisis is also limited. Both companies have years of jet backlogs.

BAE Systems plc (BAE), Europe’s largest defense contractor and the world's seventh largest, is broadly positioned to take advantage of increased defense spending by its major customer countries. Given its key product lines, it should see a strong boost to sales because of the Russian invasion of Ukraine. The company’s strategic expansion into the United States has been successful and lucrative.

Bombardier continues to recover financially from its over investment in the CSeries and CRJ aircraft. It must therefore aggressively manage its financial performance. It is heavily indebted, and its debt rating is significantly below its competitors’. But the situation is improving as it pays off debt. It sold off major portions of the company in order to stave off bankruptcy, repay debt and survive.

The production ramp-up of commercial airliners promises to drive growth in engine deliveries and equipment as the recent pandemic fades into the past. This will be further enhanced as the 737 MAX ramps up production in response to the large undelivered inventory that must be placed with airlines. Boeing will produce 38 aircraft per month during much of 2025. That is the limit imposed by the FAA and is well below the 50 per month that Boeing had targeted.