Dream

Aerospace manufacturing is a high technology industry that produces "aircraft, guided missiles, space vehicles, aircraft engines, propulsion units, and related parts".^[1] Most of the industry is geared toward governmental work. For each Original Equipment Manufacturer (OEM), the US government has assigned a CAGE code. These codes help to identify each manufacturer, repair facilities, and other critical aftermarket vendors in the aerospace industry.

In the European Union, aerospace companies such as EADS, BAE Systems, Thales, Dassault, Saab and Finmeccanica account for a large share of the global aerospace industry and research effort, with the European Space Agency as one of the largest consumers of aerospace technology and products.

In the People's Republic of China, Beijing, Xian, Chengdu, Shanghai, Shenyang and Nanchang are major research and manufacture centers of the aerospace industry. China has developed an extensive capability to design, test and produce military aircraft, missiles and space vehicles. Despite the cancellation in 1983 of the experimental Shanghai Y-10, China is still developing its civil aerospace industry.

In India, Bangalore is a major center of the aerospace industry, where Hindustan Aeronautics Limited, the National Aerospace Laboratories and the Indian Space Research Organisation are headquartered. The Indian Space Research Organisation (ISRO) launched India's first Moon orbiter, Chandrayaan-1, in October 2008.

In Russia, large aerospace companies like Oboronprom and the United Aircraft Building Corporation (encompassing Mikoyan, Sukhoi, Ilyushin, Tupolev, Yakovlev, and Irkut which includes Beriev) are among the major global players in this industry. The historic Soviet Union was also the home of a very major aerospace industry.

The United Kingdom formerly attempted to maintain its own large aerospace industry, making its own airliners, warplanes, etc., but it has largely turned its lot over to cooperative efforts with continental companies, and it has turned into a large import customer, too, from countries like the United States. However, the UK has a very active aerospace sector supplying components, sub-assemblies and sub-systems to other manufacturers, both in Europe and all over the world, including the United States.

In the United States of America, the Department of Defense and the National Aeronautics and Space Administration (NASA) are the two largest consumers of aerospace technology and products. Others include the very large airline industry. The aerospace industry employed 472,000 wage and salary workers in 2006^[2]. Most of those jobs were in Washington state and in California, with Missouri and Texas also important. The leading aerospace manufacturers in the U.S. are Boeing, United Technologies Corporation, and Lockheed Martin.

Important locations of the civilian aerospace industry worldwide include Washington state (Boeing), California (Boeing, Lockheed Martin, etc.); Montreal, Canada (Bombardier, Pratt & Whitney Canada); Toulouse, France (Airbus/EADS); and Hamburg, Germany (Airbus/EADS); as well as São José dos Campos, where the Brazilian Embraer company is based.

Canada has formerly manufactured some of its own designs for jet warplanes, etc. (e.g. the CF-100 fighter), but for some decades, it has relied on imports from the United States to fill these needs. However Canada still manufactures some military planes although they are generally not combat or fighter planes.

France has continued to make its own warplanes for its air force and navy, and Sweden continues to make its own warplanes for the Swedish Air Force—especially in support of its position as a neutral country. (See SAAB.) Other European countries either team up in making fighters (such as the Panavia Tornado and the Eurofighter), or else to import them from the United States.

Pakistan is also undertaking advancements in the field of aerospace engineering. It is now fulfilling its needs in the guided missile technology. After the establishment of the Institute of Space Technology, Pakistan is looking to advance in space technology as well as aircraft design and manufacturing.

The aircraft parts industry was born out of the sale of second-hand or used aircraft parts from the aerospace manufacture sector. Within the United States there is a specific process that parts brokers or resellers must follow. This includes leveraging a certified repair station to overhaul and "tag" a part. This certification guarantees that a part was repaired or overhauled to meet OEM specifications. Once a part is overhauled its value is determined from the supply and demand of the aerospace market. When an airline has an aircraft on the ground, the part that the airline requires to get the plane back into service becomes invaluable. This can drive the market for specific parts. There are several online marketplaces that assist with the commodity selling of aircraft parts.