MBDA and Raytheon Battle for Air-to-Air Missile Market Dominance

Forecast International, NEWTOWN: A recent analysis by Forecast International estimates that the market for air-to-air missiles will be worth $15.4 billion over the next 10 years, with Raytheon and MBDA sharing the lead. According to Larry Dickerson, Missile Analyst for Forecast International, the continued strong demand for combat aircraft and the drive to modernize air forces is fueling demand for these missiles. More than 52,000 air-to-air missiles will be built worldwide between 2006 and 2015.