Looking at markets--combat aircraft: the view now shifts to a particular market area in the shape of combat aircraft and, as has already been seen, there are a number of major combat aircraft acquisition programmes in progress around the world.

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Looking at markets--combat aircraft: the view now shifts to a particular market area in the shape of combat aircraft and, as has already been seen, there are a number of major combat aircraft acquisition programmes in progress around the world.

According to the American analysts of the Teal Group, a total of 2951 combat aircraft valued at $139.6 billion (in current year dollars) will be built worldwide between now and 2011. Teal state that 175 fighters, worth some $7.2 billion, will be delivered this year, with 193 fighters valued at $8.1 billion being delivered next year. According to Teal, this will be the first rise in four years. The key issue in the Teal Group's analysis is the fact that the fighter market is actually in transition, in effect it can be characterised as a market that will change is shape dramatically in 2015 when the Lockheed Martin F-35 Joint Strike Fighter (JSF) becomes available for export.

This characterisation of the fighter market as pre- and post-JSF would seem to be a fair assumption. If the JSF programme remains on track with initial operational capability achieved in 2010, the aircraft should start to make inroads in the export market from 2015 onwards. Th...

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