Aerospace manufacturing

An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry. The aircraft industry is the industry supporting aviation by building aircraft and manufacturing aircraft parts for their maintenance. This includes aircraft and parts used for civil aviation and military aviation. Most production is done pursuant to type certificates and Defense Standards issued by a government body. This term has been largely subsumed by the more encompassing term: "aerospace industry". In 2015 the aircraft production was worth US$180.3 Billion: 61$135.1 Bn or $Bn combined. The global aerospace industry was worth$838 billion in 2017: Aircraft & Engine OEMs represented 28% ( Bn), Civil & Military MRO & Upgrades 27% ( Bn), Aircraft Systems & Component Manufacturing 26% ( Bn), Satellites & Space 7% ( Bn), Missiles & UAVs 5% ($Bn) and other activity, including flight simulators, defense electronics, public research accounted for 7$ Bn). The countries with the largest industry were led by the United States with $408.4 Bn ($69 Bn (%) then China with $61.2 Bn ($48.8 Bn (%), Germany with $46.2 Bn ($27.1 Bn (%), Canada with $24 Bn ($21 Bn (%), Spain with $14 Bn ($11Bn (%). The top 10 countries represent $731 Bn or In 2018, the new commercial aircraft value is projected for$270.4 billion while business aircraft will amount for $18 billion and civil helicopters for$4 billion.