February 21, 2007 – Reston, VA – Future trends in the markets for civil and military aircraft, aero turbine engines, UAVs, defense electronics, and satellites will be the topics of Aerospace Markets – The Decade Ahead, a Teal Group forum presented by the American Institute of Aeronautics and Astronautics (AIAA) on March 6, 2007, at the Renaissance Washington Hotel, Washington, D.C.

“Last year marked the second consecutive year of growth in the number of commercial communications satellites launched to geostationary orbit,” says Marco Caceres, Teal Group senior space analyst. “This hasn’t happened in at least the past 20 years, and it may signal the start of an up cycle for the overall market.”

Other satellite market findings Teal Group will detail at the conference include:

  • Orders for more than 200 geostationary commercial communications satellites worth more than $25 billion through 2016.
  • Orders for more than 100 low earth orbit mobile communications replacement satellites, worth up to $4 billion in business.
  • Next-generation U.S. military satellite programs estimated at a total cost of $100 billion.

The Aerospace Markets forum provides CEOs, financial executives, business developers, strategic planners and others a comprehensive look at aerospace business strategies and market trends from the unbiased viewpoints of expert analysts from Teal Group, an independent aerospace and defense consulting firm based in Fairfax, Virginia. Attendees will also hear expert discussion on international technology transfer issues and growth opportunities in international markets, homeland security and netcentric warfare.

Aerospace Markets – The Decade Ahead is supported by The Boeing Company, Lockheed Martin Corporate Engineering and Technology, Northrop Grumman, Rolls-Royce and Safran USA. – For program and registration information, please visit: http://www.aiaa.org/events/aeromarkets.

Media Registration: Members of the news media may pre-register with Sharon Grace, 703/264-7532, sharong@aiaa.org.

Teal Group is a defense and aerospace market analysis firm based in Fairfax, Virginia, USA. It provides competitive intelligence to industry and government worldwide. Visit www.tealgroup.com

AIAA advances the state of aerospace science, engineering, and technological leadership. Headquartered in suburban Washington, D.C., the Institute serves over 35,000 members in 65 regional sections and 79 countries. AIAA membership is drawn from all levels of industry, academia, private research organizations, and government. For more information, visit www.aiaa.org.

Media Contacts: Sharon Grace, AIAA, sharong@aiaa.org, 703/264-7532

Douglas Cornell, Teal Group, dcornell@tealgroup.com, 703/573-5374