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One of the most lucrative sectors of the global economy is the defence business. With firms like Lockheed Martin, the defence industry generates $389 billion in revenues in the United States alone.
The Lockheed Martin Company
assuming the initiative. It boasts profits of more than $760 billion worldwide. A significant portion of that money is derived from aircraft technologies.
Warplane manufacturing is somewhat more recent than other areas of the defence sector. The Wright Brothers competed fiercely to create the Wright Military Flyer in 1909 for the U.S. Army Signal Corps, which became the first aircraft built expressly for the military. In the twenty-first century, it is not unusual for advanced military aircraft to cost close to $1 billion.
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