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The Balkans News™ > Blog > Press relesaes > US Aerospace and Defense Market size to Reach USD 610.15 Billion by 2031 – Mordor Intelligence
Press relesaes

US Aerospace and Defense Market size to Reach USD 610.15 Billion by 2031 – Mordor Intelligence

Abdul Kader
Last updated: March 18, 2026 7:44 am
Abdul Kader
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Introduction 

 According to Mordor Intelligence, the US aerospace and defense market size is valued at USD 463.06 billion in 2026 and is expected to reach USD 610.15 billion by 2031, reflecting steady expansion supported by consistent government defense budgets, renewed commercial aircraft demand, and the rapid development of satellite infrastructure. 

The US aerospace and defense industry is driven primarily by federal defense allocations, which remain the core revenue contributor for contractors and suppliers. At the same time, commercial aerospace activities are gaining traction as airlines continue modernizing fleets and managing aircraft order backlogs. This dual momentum supports the broader US aerospace and defense market growth, creating opportunities across aircraft manufacturing, defense systems, and satellite technologies. 

Key Trends Shaping the US Aerospace and Defense Market 

Defense Budget Stability Supporting the US Aerospace and Defense Market Growth 

Government defense spending remains the central force behind the US aerospace and defense market growth. Large defense programs related to fighter aircraft, submarines, missile systems, and advanced military technologies continue to receive long-term funding commitments. 

Commercial Aviation Recovery Driving the US Aerospace and Defense Market Trends 

Commercial aviation is regaining strength as global travel demand stabilizes and airline operators move forward with fleet modernization. This recovery contributes significantly to the US aerospace and defense market trends, particularly in aircraft manufacturing and component production. 

Satellite Expansion and Space Programs Strengthening the US Aerospace and Defense Market Forecast 

The rapid expansion of satellite constellations is becoming a major contributor to the US aerospace and defense market forecast. Satellite networks supporting navigation, communication, and Earth observation are increasing in scale, creating opportunities for aerospace manufacturers and launch providers. 

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/us-aerospace-and-defense-market?utm_source=emailwire  

US Aerospace and Defense Market Segmentation 

By Sector 

  • Aerospace 
  • Defense 

By Platform 

  • Aerial 
  • Terrestrial 
  • Naval 
  • Space 

By Service Type 

  • Manufacturing 
  • Maintenance, Repair, and Overhaul 

By Component 

  • Airframes and Structures 
  • Propulsion Systems and Engines 
  • Electronics and Mission Systems 
  • Composite and Carbon Fibre Components 
  • Electronic Warfare Systems and Sensors 

Explore Our Full Library of Aerospace & Defense Research Report: https://www.mordorintelligence.com/market-analysis/aerospace-defense?utm_source=emailwire  

Competitive Landscape in the US Aerospace and Defense Market 

The competitive structure of the US aerospace and defense market is shaped by a combination of large prime contractors and an extensive network of suppliers. A limited group of major companies accounts for a large portion of defense contract value, while hundreds of specialized firms supply components, systems, and services across the US aerospace and defense industry. 

Key Players in the US Aerospace and Defense Market 

  • Lockheed Martin Corporation 
  • The Boeing Company 
  • RTX Corporation 
  • Space Exploration Technologies Corp. (SpaceX) 
  • Northrop Grumman Corporation 

Conclusion 

The US aerospace and defense market is expected to maintain a stable growth trajectory supported by sustained defense spending, expanding space programs, and the recovery of commercial aviation activity. These factors collectively contribute to the ongoing market growth and reinforce the country’s leadership in global aerospace manufacturing and defense systems development. 

In the coming years, the market forecast will be influenced by several structural factors, including satellite deployment programs, autonomous defense systems, and modernization initiatives across military platforms. These developments are expected to shape both the market and the competitive dynamics within the US aerospace and defense industry. 

Get detailed insights on the US aerospace and defense market: 

https://www.mordorintelligence.com/industry-reports/us-aerospace-and-defense-market?utm_source=emailwire  

Industry Related Reports 

Missiles and Missile Defense Systems Market: The Missiles and Missile Defense Systems Market is segmented by range, missile and defense system type, end-user, and geography, with market forecasts provided in terms of value (USD). 

Get more insights: https://www.mordorintelligence.com/industry-reports/missiles-and-missile-defense-systems-market?utm_source=emailwire 

Mortar Ammunition Market size: The mortar ammunition market is estimated at USD 3.96 billion in 2025 and is projected to reach USD 4.83 billion by 2030, growing at a CAGR of 4.05% during the forecast period. 

Get more insights: https://www.mordorintelligence.com/industry-reports/mortar-ammunition-market?utm_source=emailwire 

Military Electro-Optical and Infrared (EO/IR) Systems Market share: The military electro-optical and infrared (EO/IR) systems market is expected to grow from USD 9.35 billion in 2026 to USD 10.77 billion by 2031, registering a CAGR of 2.87% during the forecast period. 

Get more insights: https://www.mordorintelligence.com/industry-reports/military-electro-optical-and-infrared-systems-market?utm_source=emailwire 

 Get More information on Recently published posts on LinkedIn 

Aircraft Sensors Market: https://www.linkedin.com/pulse/aircraft-sensors-market-set-robust-growth-through-uspgc/?trackingId=… 

Drones Market: https://www.linkedin.com/feed/update/urn:li:activity:7436614274904485888/ 

Aircraft Interface Device (AID) Market: https://www.linkedin.com/pulse/aircraft-interface-device-aid-market-poised-steady-r1tyc/?trackingId… 

About Mordor Intelligence 

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. 

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. 

For any inquiries or to access the full report, please contact: 

media@mordorintelligence.com
https://www.mordorintelligence.com/ 

 



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