The US aerospace market is still dominated by a few big companies, Boeing Loma leads.

category:Military
 The US aerospace market is still dominated by a few big companies, Boeing Loma leads.


The reference news network reported in April 24th that the American space news network published a report entitled Boeing, Lockheed, ULA monopolized by the government funded space market in April 22nd. Attracting new players to compete for national security and civil space contracts is a long-term goal of Congress, The Pentagon and NASA. But figures show that a small number of contractors split up most of the federal governments space program. The Govini market research companys latest report, the space platform and hypersonic technology classification, said the US government invested $83 billion in the space platform and hypersonic technology from 2011 to the fiscal year 2017. Govini estimates that Lockheed Martin, ULA - Lockheed Martin and Boeings joint venture - have got more than half the contract with Boeing. Space exploration technology (SpaceX) ranked fourth in fiscal year 2017, leading the new space company to compete for government contracts. ULA is the biggest winner in terms of market share growth over the past six years. According to Govini, the average value of each contract of ULA rose from 10 million 100 thousand US dollars in 2011 to US $23 million 600 thousand in 2017. Judging by the top 15 space contractors, there has been little fluctuation in the past six years. Three companies withdrew: iridium systems, Johns Hopkins University Applied Physics Laboratory and General Dynamic Corp. The top 15 members include Raytheon Co, Harris Corp and United Technologies Company. Joint technology ranks among the 15 suppliers in 2017 due to booster technology for NASAs space launch system. Raytheon gained the 15 force in winning the hypersonic vehicle development contract. Govini, an analyst at Govini, told the space news network that the governments total expenditure on space and hypersonic technology increased by 6% annually during the six years, and the forecast for sustained growth is attracting new suppliers. He said that although a few large contractors have dominated the overwhelming dominance, the number of private enterprises in the space sector has surged, which shows that the entry threshold is beginning to decline. Data and pictures: Boeings XS-1 imagine for the US air force. (source from the Internet) the source: Reference News Editor: Lee Ying Ying _NBJS5961 Data and pictures: Boeings XS-1 imagine for the US air force. (the picture comes from the network)