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Defense Aircraft Summary

It provides a breakdown of government expenditure according to their function. To meet this end, economic flows of expenditure must be aggregated according to the Classification of the Functions of Government (COFOG).

These tables offer a summary of obligations and disbursements in current and constant dollars by funding agency, funding account, and country from 2001 to the most recent year.

Top Twenty U.S. Aerospace Export Markets F.A.S. Value in $ millions (Total Exports)

Top U.S. Trading Partners for Aerospace and Defense Data cited at:https://www.aia-aerospace.org/

The U.S. defense industry, which is composed of firms that manufacture defense equipment and supply defense-related parts and services, shipped approximately $20 billion worth of exports in 2017, which accounted for 1.3 percent of total U.S. exports for that year. Over the past ten years, U.S. defense exports grew by a considerable 75 percent, or from $11.5 billion in 2007 to $20 billion in 2017, with the largest growth taking place in the industry’s military aerospace subsector. The most recent data also show the U.S. maintaining its position as the world’s largest exporter of defense equipment. In 2016, the U.S. accounted for 32 percent of total global defense exports, followed by Russia (21%), Germany (9%), France (7%), and China (7%). On a geographic basis, the largest destinations for U.S. defense equipment were the Asia-Pacific and the Middle East, which collectively accounted for 62 percent of total defense exports in 2017, or $12.5 billion. Defense exports to the Americas, Africa and Europe accounted for the remaining 38 percent, or $7.5 billion. With regard to content, U.S. defense exports continue to be dominated by aerospace platforms, parts and components, which accounted for nearly 69 percent of total defense exports in 2017, or $13.9 billion, while exports of land systems, sea systems and weapons accounted for the remaining 31 percent, or $6.2 billion.   Data cited at:https://www.aia-aerospace.org/