Analyst: It’s the End of an Era for Military Aviation Industry

In a few years, Lockheed Martin Corp. might be the sole U.S. manufacturer of military fighter aircraft. Lockheed's current rival, The Boeing Co., would limit its offerings to jetliner derivatives such as refueling tankers and surveillance planes.

This is the picture that is emerging from the Pentagon's buying decisions over the past decade, says Richard Aboulafia, aviation analyst at the Teal Group.

What he sees in the U.S. military aircraft budget is "death and destruction" for the industrial base, Aboulafia tells executives Feb. 19 during a lunch meeting of the National Aeronautic Association.

Read more