Table of Contents Introduction 16 What is this report about? 16 Who is the target reader? 16 How to use this report 16 Definitions 16 Group of Eight (G8) Aerospace & Defense 17 Industry Outlook 17 Aerospace & Defense in Canada 21 Market Overview 21 Market Data 22 Market Segmentation 23 Market outlook 25 Five forces analysis 26 Macroeconomic indicators 32 Aerospace & Defense in France 35 Market Overview 35 Market Data 36 Market Segmentation 37 Market outlook 39 Five forces analysis 40 Macroeconomic indicators 46 Aerospace & Defense in Germany 48 Market Overview 48 Market Data 49 Market Segmentation 50 Market outlook 52 Five forces analysis 53 Macroeconomic indicators 59 Aerospace & Defense in Italy 61 Market Overview 61 Market Data 62 Market Segmentation 63 Market outlook 65 Five forces analysis 66 Macroeconomic indicators 72 Aerospace & Defense in Japan 74 Market Overview 74 Market Data 75 Market Segmentation 76 Market outlook 78 Five forces analysis 79 Macroeconomic indicators 85 Aerospace & Defense in Russia 87 Market Overview 87 Market Data 88 Market Segmentation 89 Market outlook 91 Five forces analysis 92 Macroeconomic indicators 98 Aerospace & Defense in The United Kingdom 100 Market Overview 100 Market Data 101 Market Segmentation 102 Market outlook 104 Five forces analysis 105 Macroeconomic indicators 111 Aerospace & Defense in The United States 113 Market Overview 113 Market Data 114 Market Segmentation 115 Market outlook 117 Five forces analysis 118 Macroeconomic indicators 124 Company Profiles 126 Leading Companies 126 Appendix 195 Methodology 195 About MarketLine 196

List of Tables Table 1: G8 aerospace & defense industry, revenue($m), 2012-21 Table 2: G8 aerospace & defense industry, revenue by country ($m), 2012-16 Table 3: G8 aerospace & defense industry forecast, revenue by country ($m), 2016-21 Table 4: Canada aerospace & defense sector value: $ million, 2012-16 Table 5: Canada aerospace & defense sector category segmentation: $ million, 2016 Table 6: Canada aerospace & defense sector geography segmentation: $ million, 2016 Table 7: Canada aerospace & defense sector value forecast: $ million, 2016-21 Table 8: Canada size of population (million), 2012-16 Table 9: Canada gdp (constant 2005 prices, $ billion), 2012-16 Table 10: Canada gdp (current prices, $ billion), 2012-16 Table 11: Canada inflation, 2012-16 Table 12: Canada consumer price index (absolute), 2012-16 Table 13: Canada exchange rate, 2012-16 Table 14: France aerospace & defense sector value: $ billion, 2012-16 Table 15: France aerospace & defense sector category segmentation: $ billion, 2016 Table 16: France aerospace & defense sector geography segmentation: $ billion, 2016 Table 17: France aerospace & defense sector value forecast: $ billion, 2016-21 Table 18: France size of population (million), 2012-16 Table 19: France gdp (constant 2005 prices, $ billion), 2012-16 Table 20: France gdp (current prices, $ billion), 2012-16 Table 21: France inflation, 2012-16 Table 22: France consumer price index (absolute), 2012-16 Table 23: France exchange rate, 2012-16 Table 24: Germany aerospace & defense sector value: $ billion, 2012-16 Table 25: Germany aerospace & defense sector category segmentation: $ billion, 2016 Table 26: Germany aerospace & defense sector geography segmentation: $ billion, 2016 Table 27: Germany aerospace & defense sector value forecast: $ billion, 2016-21 Table 28: Germany size of population (million), 2012-16 Table 29: Germany gdp (constant 2005 prices, $ billion), 2012-16 Table 30: Germany gdp (current prices, $ billion), 2012-16 Table 31: Germany inflation, 2012-16 Table 32: Germany consumer price index (absolute), 2012-16 Table 33: Germany exchange rate, 2012-16 Table 34: Italy aerospace & defense sector value: $ million, 2012-16 Table 35: Italy aerospace & defense sector category segmentation: $ million, 2016 Table 36: Italy aerospace & defense sector geography segmentation: $ million, 2016 Table 37: Italy aerospace & defense sector value forecast: $ million, 2016-21 Table 38: Italy size of population (million), 2012-16 Table 39: Italy gdp (constant 2005 prices, $ billion), 2012-16 Table 40: Italy gdp (current prices, $ billion), 2012-16 Table 41: Italy inflation, 2012-16 Table 42: Italy consumer price index (absolute), 2012-16 Table 43: Italy exchange rate, 2012-16 Table 44: Japan aerospace & defense sector value: $ billion, 2012-16 Table 45: Japan aerospace & defense sector category segmentation: $ billion, 2016 Table 46: Japan aerospace & defense sector geography segmentation: $ billion, 2016 Table 47: Japan aerospace & defense sector value forecast: $ billion, 2016-21 Table 48: Japan size of population (million), 2012-16 Table 49: Japan gdp (constant 2005 prices, $ billion), 2012-16 Table 50: Japan gdp (current prices, $ billion), 2012-16 Table 51: Japan inflation, 2012-16 Table 52: Japan consumer price index (absolute), 2012-16 Table 53: Japan exchange rate, 2012-16 Table 54: Russia aerospace & defense sector value: $ billion, 2012-16 Table 55: Russia aerospace & defense sector category segmentation: $ billion, 2016 Table 56: Russia aerospace & defense sector geography segmentation: $ billion, 2016 Table 57: Russia aerospace & defense sector value forecast: $ billion, 2016-21 Table 58: Russia size of population (million), 2012-16 Table 59: Russia gdp (constant 2005 prices, $ billion), 2012-16 Table 60: Russia gdp (current prices, $ billion), 2012-16 Table 61: Russia inflation, 2012-16 Table 62: Russia consumer price index (absolute), 2012-16 Table 63: Russia exchange rate, 2012-16 Table 64: United Kingdom aerospace & defense sector value: $ billion, 2012-16 Table 65: United Kingdom aerospace & defense sector category segmentation: $ billion, 2016 Table 66: United Kingdom aerospace & defense sector geography segmentation: $ billion, 2016 Table 67: United Kingdom aerospace & defense sector value forecast: $ billion, 2016-21 Table 68: United Kingdom size of population (million), 2012-16 Table 69: United Kingdom gdp (constant 2005 prices, $ billion), 2012-16 Table 70: United Kingdom gdp (current prices, $ billion), 2012-16 Table 71: United Kingdom inflation, 2012-16 Table 72: United Kingdom consumer price index (absolute), 2012-16 Table 73: United Kingdom exchange rate, 2012-16 Table 74: United States aerospace & defense sector value: $ billion, 2012-16 Table 75: United States aerospace & defense sector category segmentation: $ billion, 2016 List of Figures Figure 1: G8 aerospace & defense industry, revenue($m), 2012-21 Figure 2: G8 Aerospace & Defense industry, revenue by country (%), 2016 Figure 3: G8 aerospace & defense industry, revenue by country ($m), 2012-16 Figure 4: G8 aerospace & defense industry forecast, revenue by country ($m), 2016-21 Figure 5: Canada aerospace & defense sector value: $ million, 2012-16 Figure 6: Canada aerospace & defense sector category segmentation: % share, by value, 2016 Figure 7: Canada aerospace & defense sector geography segmentation: % share, by value, 2016 Figure 8: Canada aerospace & defense sector value forecast: $ million, 2016-21 Figure 9: Forces driving competition in the aerospace & defense sector in Canada, 2016 Figure 10: Drivers of buyer power in the aerospace & defense sector in Canada, 2016 Figure 11: Drivers of supplier power in the aerospace & defense sector in Canada, 2016 Figure 12: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Canada, 2016 Figure 13: Factors influencing the threat of substitutes in the aerospace & defense sector in Canada, 2016 Figure 14: Drivers of degree of rivalry in the aerospace & defense sector in Canada, 2016 Figure 15: France aerospace & defense sector value: $ billion, 2012-16 Figure 16: France aerospace & defense sector category segmentation: % share, by value, 2016 Figure 17: France aerospace & defense sector geography segmentation: % share, by value, 2016 Figure 18: France aerospace & defense sector value forecast: $ billion, 2016-21 Figure 19: Forces driving competition in the aerospace & defense sector in France, 2016 Figure 20: Drivers of buyer power in the aerospace & defense sector in France, 2016 Figure 21: Drivers of supplier power in the aerospace & defense sector in France, 2016 Figure 22: Factors influencing the likelihood of new entrants in the aerospace & defense sector in France, 2016 Figure 23: Factors influencing the threat of substitutes in the aerospace & defense sector in France, 2016 Figure 24: Drivers of degree of rivalry in the aerospace & defense sector in France, 2016 Figure 25: Germany aerospace & defense sector value: $ billion, 2012-16 Figure 26: Germany aerospace & defense sector category segmentation: % share, by value, 2016 Figure 27: Germany aerospace & defense sector geography segmentation: % share, by value, 2016 Figure 28: Germany aerospace & defense sector value forecast: $ billion, 2016-21 Figure 29: Forces driving competition in the aerospace & defense sector in Germany, 2016 Figure 30: Drivers of buyer power in the aerospace & defense sector in Germany, 2016 Figure 31: Drivers of supplier power in the aerospace & defense sector in Germany, 2016 Figure 32: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Germany, 2016 Figure 33: Factors influencing the threat of substitutes in the aerospace & defense sector in Germany, 2016 Figure 34: Drivers of degree of rivalry in the aerospace & defense sector in Germany, 2016 Figure 35: Italy aerospace & defense sector value: $ million, 2012-16 Figure 36: Italy aerospace & defense sector category segmentation: % share, by value, 2016 Figure 37: Italy aerospace & defense sector geography segmentation: % share, by value, 2016 Figure 38: Italy aerospace & defense sector value forecast: $ million, 2016-21 Figure 39: Forces driving competition in the aerospace & defense sector in Italy, 2016 Figure 40: Drivers of buyer power in the aerospace & defense sector in Italy, 2016 Figure 41: Drivers of supplier power in the aerospace & defense sector in Italy, 2016 Figure 42: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Italy, 2016 Figure 43: Factors influencing the threat of substitutes in the aerospace & defense sector in Italy, 2016 Figure 44: Drivers of degree of rivalry in the aerospace & defense sector in Italy, 2016 Figure 45: Japan aerospace & defense sector value: $ billion, 2012-16 Figure 46: Japan aerospace & defense sector category segmentation: % share, by value, 2016 Figure 47: Japan aerospace & defense sector geography segmentation: % share, by value, 2016 Figure 48: Japan aerospace & defense sector value forecast: $ billion, 2016-21 Figure 49: Forces driving competition in the aerospace & defense sector in Japan, 2016 Figure 50: Drivers of buyer power in the aerospace & defense sector in Japan, 2016 Figure 51: Drivers of supplier power in the aerospace & defense sector in Japan, 2016 Figure 52: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Japan, 2016 Figure 53: Factors influencing the threat of substitutes in the aerospace & defense sector in Japan, 2016 Figure 54: Drivers of degree of rivalry in the aerospace & defense sector in Japan, 2016 Figure 55: Russia aerospace & defense sector value: $ billion, 2012-16 Figure 56: Russia aerospace & defense sector category segmentation: % share, by value, 2016 Figure 57: Russia aerospace & defense sector geography segmentation: % share, by value, 2016 Figure 58: Russia aerospace & defense sector value forecast: $ billion, 2016-21 Figure 59: Forces driving competition in the aerospace & defense sector in Russia, 2016 Figure 60: Drivers of buyer power in the aerospace & defense sector in Russia, 2016 Figure 61: Drivers of supplier power in the aerospace & defense sector in Russia, 2016 Figure 62: Factors influencing the likelihood of new entrants in the aerospace & defense sector in Russia, 2016 Figure 63: Factors influencing the threat of substitutes in the aerospace & defense sector in Russia, 2016 Figure 64: Drivers of degree of rivalry in the aerospace & defense sector in Russia, 2016 Figure 65: United Kingdom aerospace & defense sector value: $ billion, 2012-16 Figure 66: United Kingdom aerospace & defense sector category segmentation: % share, by value, 2016 Figure 67: United Kingdom aerospace & defense sector geography segmentation: % share, by value, 2016 Figure 68: United Kingdom aerospace & defense sector value forecast: $ billion, 2016-21 Figure 69: Forces driving competition in the aerospace & defense sector in the United Kingdom, 2016 Figure 70: Drivers of buyer power in the aerospace & defense sector in the United Kingdom, 2016 Figure 71: Drivers of supplier power in the aerospace & defense sector in the United Kingdom, 2016 Figure 72: Factors influencing the likelihood of new entrants in the aerospace & defense sector in the United Kingdom, 2016 Figure 73: Factors influencing the threat of substitutes in the aerospace & defense sector in the United Kingdom, 2016 Figure 74: Drivers of degree of rivalry in the aerospace & defense sector in the United Kingdom, 2016 Figure 75: United States aerospace & defense sector value: $ billion, 2012-16 Figure 76: United States aerospace & defense sector category segmentation: % share, by value, 2016 Figure 77: United States aerospace & defense sector geography segmentation: % share, by value, 2016 Figure 78: United States aerospace & defense sector value forecast: $ billion, 2016-21 Figure 79: Forces driving competition in the aerospace & defense sector in the United States, 2016 Figure 80: Drivers of buyer power in the aerospace & defense sector in the United States, 2016 Figure 81: Drivers of supplier power in the aerospace & defense sector in the United States, 2016 Figure 82: Factors influencing the likelihood of new entrants in the aerospace & defense sector in the United States, 2016 Figure 83: Factors influencing the threat of substitutes in the aerospace & defense sector in the United States, 2016 Figure 84: Drivers of degree of rivalry in the aerospace & defense sector in the United States, 2016 Figure 85: CAE Inc.: revenues & profitability Figure 86: CAE Inc.: assets & liabilities Figure 87: Magellan Aerospace Corporation: revenues & profitability Figure 88: Magellan Aerospace Corporation: assets & liabilities Figure 89: MacDonald, Dettwiler and Associates Ltd.: revenues & profitability Figure 90: MacDonald, Dettwiler and Associates Ltd.: assets & liabilities Figure 91: Safran SA: revenues & profitability Figure 92: Safran SA: assets & liabilities Figure 93: Thales SA: revenues & profitability Figure 94: Thales SA: assets & liabilities Figure 95: Rheinmetall AG: revenues & profitability Figure 96: Rheinmetall AG: assets & liabilities Figure 97: Bombardier Inc: revenues & profitability Figure 98: Bombardier Inc: assets & liabilities Figure 99: Kawasaki Heavy Industries, Ltd.: revenues & profitability Figure 100: Kawasaki Heavy Industries, Ltd.: assets & liabilities Figure 101: Mitsubishi Heavy Industries, Ltd.: revenues & profitability Figure 102: Mitsubishi Heavy Industries, Ltd.: assets & liabilities Figure 103: Russian Helicopters: revenues & profitability Figure 104: Russian Helicopters: assets & liabilities Figure 105: United Aircraft Corporation: revenues & profitability Figure 106: United Aircraft Corporation: assets & liabilities Figure 107: Airbus Group SE (formerly Airbus Group NV): revenues & profitability Figure 108: Airbus Group SE (formerly Airbus Group NV): assets & liabilities Figure 109: BAE Systems plc: revenues & profitability Figure 110: BAE Systems plc: assets & liabilities Figure 111: Leonardo Spa: revenues & profitability Figure 112: Leonardo Spa: assets & liabilities Figure 113: Rolls-Royce Holdings Plc: revenues & profitability Figure 114: Rolls-Royce Holdings Plc: assets & liabilities Figure 115: The Boeing Company: revenues & profitability Figure 116: The Boeing Company: assets & liabilities Figure 117: Lockheed Martin Corporation: revenues & profitability Figure 118: Lockheed Martin Corporation: assets & liabilities Figure 119: Northrop Grumman Corporation: revenues & profitability Figure 120: Northrop Grumman Corporation: assets & liabilities Figure 121: United Technologies Corporation: revenues & profitability Figure 122: United Technologies Corporation: assets & liabilities