Auxiliary Power Units APU Sales

Auxiliary Power Units APU Sales Market Outlook

The global Auxiliary Power Units (APU) market is projected to reach approximately USD 4.5 billion by 2035, growing at a compound annual growth rate (CAGR) of around 6.2% during the forecast period from 2025 to 2035. This growth can be attributed to several factors including the increasing demand for fuel-efficient and eco-friendly solutions in the aerospace and marine industries, alongside a rising emphasis on operational efficiency across military and commercial applications. Moreover, advancements in APU technologies and their integration into emerging platforms, particularly within the unmanned aerial vehicle (UAV) sector, are expected to bolster market demand significantly. Furthermore, the growing trend of electrification in aircraft and marine vessels is anticipated to drive the development and adoption of innovative APU solutions, resulting in a notable impact on market dynamics. Enhanced regulatory frameworks promoting sustainability and reduced emissions are also acting as catalysts for the market, ensuring a positive outlook for the coming years.

Growth Factor of the Market

The Auxiliary Power Units (APU) market is experiencing substantial growth primarily due to the increasing need for energy-efficient and environmentally friendly power solutions across various industries. The aerospace sector, particularly, is witnessing a surge in demand for APUs in both commercial and military aircraft to optimize fuel consumption and enhance operational capability. Additionally, the growing trend towards the electrification of aircraft, driven by global initiatives aimed at reducing carbon emissions, is significantly influencing the market landscape. The rising adoption of unmanned aerial vehicles (UAVs) has further catalyzed innovations in APU technology, as these systems require reliable power sources for extended operations. Furthermore, advancements in materials and technology, which allow for lighter and more efficient designs, are expected to contribute to market growth as manufacturers seek to meet stringent regulatory requirements and consumer demands for higher performance at lower costs.

Key Highlights of the Market

• The APU market is expected to reach USD 4.5 billion by 2035, with a CAGR of 6.2%.
• Technological advancements in APU designs are driving efficiency and reducing operational costs.
• Growing demand for UAVs is fostering innovative APU solutions tailored for specific applications.
• Increased regulations promoting sustainability are influencing market dynamics towards greener alternatives.
• The rise of electric and hybrid APUs is reshaping traditional power solutions in the aerospace sector.

By Product Type

Diesel APU:

Diesel Auxiliary Power Units are widely utilized due to their efficiency and robustness, particularly in military and commercial aircraft. These units provide reliable power for various aircraft systems while the engines are off, thus minimizing fuel consumption during ground operations. Diesel APUs are favored for their high power output and long operational life, making them suitable for extended missions in military scenarios or prolonged ground operations in commercial aviation. Their capability to generate both electrical and pneumatic power further enhances their versatility, which is a significant advantage for operators looking to optimize maintenance and operational costs. The growing focus on reducing carbon emissions has also prompted manufacturers to innovate diesel APUs by integrating advanced technologies that improve fuel efficiency and reduce noise pollution, thus ensuring compliance with stringent regulations and enhancing their market appeal.

Electric APU:

Electric Auxiliary Power Units are gaining popularity as a sustainable solution in various applications, particularly in the aerospace sector. With the increasing push for eco-friendly technologies, electric APUs offer a clean and efficient alternative to traditional fuel-based systems. They are primarily powered by batteries or ground power sources, enabling aircraft to minimize their environmental impact during ground operations. The demand for electric APUs is driven by the need for reduced operational costs and the advancement of battery technology, which allows for longer durations of power supply without the need for auxiliary fuel sources. Moreover, the integration of electric APUs aligns with the overall trend towards electrification in aviation, helping airlines meet their sustainability goals while enhancing passenger comfort through reduced noise and emissions.

Hybrid APU:

Hybrid Auxiliary Power Units represent a transformative shift in power generation technology, combining both traditional fuel sources with electric power. This dual-source capability offers operational flexibility, enabling systems to switch between fuel and electric modes depending on availability and efficiency needs. Hybrid APUs are particularly beneficial in commercial aviation, as they can significantly reduce fuel consumption and emissions while still providing necessary power for onboard systems. The growing interest in hybrid technologies reflects the aerospace industry's commitment to sustainability and innovation, as these systems can dramatically lower operational costs while meeting regulatory standards for reduced emissions. Manufacturers are increasingly focusing on developing hybrid solutions that leverage the best aspects of diesel and electric power, creating tailored systems that meet specific operational requirements across various platforms.

Gas APU:

Gas Auxiliary Power Units are emerging as a viable alternative to traditional diesel APUs, particularly in applications where weight and size are critical factors. Gas APUs utilize natural gas as their primary fuel source, providing a cleaner-burning option that offers reduced emissions compared to diesel counterparts. This makes them an attractive choice for environmentally conscious operators looking to comply with stringent regulatory standards. The operational efficiency of gas APUs is enhanced by their ability to provide instantaneous power, which is especially valuable in situations where rapid deployment of systems is necessary. As technology advances, the development of compact and lightweight gas APUs is expected to gain traction, particularly in the commercial aviation and marine sectors, where fuel efficiency and performance are paramount considerations.

Others:

Other types of Auxiliary Power Units that fall outside the primary categories include various innovative designs and alternative fuel systems. These can include biofuel-powered APUs or specialized units designed for niche applications, such as remote operations in the oil and gas industry or emergency power systems for critical infrastructure. The diversity within the "Others" segment reflects the evolving nature of power requirements across different industries, as well as the ongoing search for solutions that reduce environmental impact and operational costs. As manufacturers continue to explore new technologies and develop tailored products, this segment is likely to see increased attention and investment, particularly as industries seek to innovate and adapt to changing regulatory landscapes and consumer preferences.

By Application

Military Aircraft:

The military aircraft application segment is a significant driver of the APU market, as these units are essential for ensuring operational readiness in a variety of scenarios. Military aircraft often operate in remote locations and require reliable power sources for critical systems such as avionics, weapons systems, and environmental controls while on the ground. The need for high-performance APUs that can withstand challenging conditions and provide uninterrupted power is paramount. Additionally, advancements in APU technology are enabling enhanced performance metrics, including reduced noise levels and improved fuel efficiency, which are particularly important for stealth operations. As military forces worldwide continue to modernize their fleets and incorporate advanced technologies, the demand for robust and efficient APUs is expected to increase, driving growth within this segment.

Commercial Aircraft:

Commercial aircraft applications constitute a substantial portion of the APU market, driven by the need for reliable ground power solutions to support passenger comfort and operational efficiency. APUs are utilized to provide power for cabin climate control, lighting, and other essential systems while the aircraft is parked, thus allowing the main engines to remain off during ground operations. The commercial aviation sector is increasingly focusing on reducing emissions and operational costs, leading to a greater demand for advanced APU technologies that optimize fuel consumption. As airlines strive to enhance passenger experience and adhere to sustainability commitments, the adoption of innovative and efficient APUs is anticipated to grow, further propelling market expansion.

Unmanned Aerial Vehicles:

The rise of Unmanned Aerial Vehicles (UAVs) is revolutionizing the APU market, as these platforms require specialized power solutions to support their unique operational needs. Modern UAVs often operate in scenarios that demand extended flight times and deep operational capabilities, necessitating efficient and lightweight power systems. APUs in UAV applications provide essential electrical power for onboard systems without the weight penalty associated with traditional fuel tanks. Innovations in APU technology are critical to meet these demands, leading to the development of compact and high-efficiency units tailored specifically for UAV use. As the UAV market continues to grow across military, commercial, and industrial applications, the demand for specialized APU solutions is expected to rise significantly, marking a transformative opportunity for manufacturers.

Marine:

In the marine sector, Auxiliary Power Units play a crucial role in providing necessary power for various onboard systems during docked operations or when the main engines are not running. The demand for efficient and reliable power solutions is increasing as ship operators strive to comply with stringent environmental regulations aimed at reducing emissions. APUs in marine applications help to ensure compliance with the International Maritime Organization (IMO) regulations by providing clean power for essential systems such as lighting, heating, and navigational equipment. Furthermore, advancements in APU technology are enabling the development of systems that reduce noise and vibration, enhancing the overall operational experience aboard vessels. As sustainability remains a key focus for the marine industry, the adoption of innovative APU solutions is expected to gain momentum, driving growth in this segment.

Others:

Other applications for Auxiliary Power Units include various niche markets such as emergency power systems, ground support equipment, and specialized industrial applications. These segments may utilize APUs to provide power in situations where grid access is unavailable or unreliable, such as disaster relief operations or remote site developments. The "Others" category underscores the versatility of APU technology, as manufacturers continue to explore new applications and market opportunities driven by specific power needs. By adapting APU solutions to meet unique operational requirements across different industries, manufacturers can tap into emerging markets and pursue innovative designs that enhance performance and reduce costs. This segment is likely to gain prominence as industries evolve and seek tailored power solutions to address their specific challenges.

By Distribution Channel

OEMs:

Original Equipment Manufacturers (OEMs) represent a significant distribution channel for Auxiliary Power Units, as they incorporate these systems into new aircraft and marine platforms. OEM partnerships are crucial for ensuring that APUs meet stringent performance and reliability standards, as these manufacturers often dictate specifications that APUs must adhere to in order to be integrated into their systems. Collaborating with OEMs allows APU manufacturers to align their product development strategies with market needs and emerging technological trends. As the aerospace and marine industries continue to innovate, the demand for APUs integrated into new builds is expected to grow, thus solidifying the importance of OEM partnerships in driving market growth.

Aftermarket:

The aftermarket segment for Auxiliary Power Units encompasses the replacement and maintenance of existing systems, which is vital for ensuring operational efficiency and reliability in aging fleets. As commercial and military aircraft age, the need for replacement APUs becomes critical to maintain performance standards and adhere to regulatory requirements. The aftermarket provides opportunities for APU manufacturers to offer updated and improved models that incorporate the latest technologies, further enhancing operational capabilities. Additionally, maintenance, repair, and overhaul (MRO) services play a significant role in this segment, as operators seek to extend the life of their APUs while minimizing downtime. Overall, the aftermarket segment is expected to experience substantial growth as operators prioritize reliability and performance in their fleets.

By User

OEMs:

Original Equipment Manufacturers (OEMs) are key players in the Auxiliary Power Units market, as they are responsible for integrating APUs into new aircraft and marine vessels. OEMs require high-performance and reliable APUs that meet stringent industry standards to ensure the safety and efficiency of their products. This segment is important for APU manufacturers, as partnerships with leading OEMs can lead to long-term contracts and stable revenue streams. As the aerospace and marine industries continue to evolve, OEMs will increasingly demand advanced APU solutions that provide fuel efficiency, reduced emissions, and enhanced performance. Consequently, APU manufacturers that can innovate and align their products with the needs of OEMs will be well-positioned for success in this competitive landscape.

Airlines:

Airlines constitute a vital user segment for Auxiliary Power Units, as they rely on these systems for operational efficiency and passenger comfort. APUs are essential for providing electrical power to cabin systems during ground operations, allowing the aircraft's main engines to remain off. This not only reduces fuel consumption but also lowers emissions, aligning with airlines' sustainability initiatives. As airlines seek to enhance operational efficiency and reduce costs, the demand for advanced APU technology is expected to grow, particularly in the context of fleet modernization and electrification strategies. Airlines that invest in modern APU solutions can benefit from improved reliability and lower operating expenses, making this segment a crucial driver of market growth.

MROs:

Maintenance, Repair, and Overhaul (MRO) providers play a critical role in the Auxiliary Power Units market, as they are responsible for ensuring the continued performance and reliability of APUs in operational fleets. MRO providers often work closely with airlines and other operators to perform routine maintenance, repairs, and replacements, ensuring that APUs remain compliant with safety standards and regulatory requirements. As fleets age and the demand for reliable power solutions grows, the MRO segment is expected to expand significantly. Additionally, MRO providers can leverage advancements in APU technology to offer upgraded solutions that enhance efficiency and reduce operational costs for their clients. This segment is essential for maintaining the longevity and performance of APUs in the aviation and marine industries.

Others:

Other users of Auxiliary Power Units include various industries that may require specialized power solutions for unique applications. This can encompass a wide range of sectors, including emergency services, remote operations, and industrial applications where reliable power is critical. The versatility of APUs allows them to be adapted for different environments and operational needs, making them valuable assets across various fields. As industries continue to evolve and seek tailored solutions for their power requirements, the demand for APUs in non-traditional applications is expected to grow. Manufacturers are increasingly targeting these niche markets, developing innovative designs that cater to specific operational challenges, thereby expanding the overall user base for APU technology.

By Region

The Auxiliary Power Units market is poised for regional growth, with North America leading the charge due to its established aerospace industry and robust military presence. This region is projected to account for approximately 35% of the global market share by 2035, driven by significant investments in aviation technologies and a growing fleet of commercial and military aircraft. The presence of major OEMs, MRO facilities, and industry stakeholders further solidifies North America's dominance in the APU market. Furthermore, the region's emphasis on sustainability and regulatory compliance is pushing manufacturers to innovate and implement advanced APU solutions that meet stringent environmental standards.

Europe ranks as the second-largest market for Auxiliary Power Units, expected to account for around 30% of the global market share by 2035. The region's commitment to reducing emissions and enhancing operational efficiency is driving demand for advanced APU technologies. Additionally, the increasing focus on security and defense capabilities among European nations is expected to bolster the military aircraft segment, thereby fueling APU growth. The Asia Pacific region is also projected to experience substantial growth, with a CAGR of 7.0%, as countries like China and India expand their aerospace and defense capabilities, further increasing the demand for reliable power solutions.

Opportunities

The Auxiliary Power Units market presents significant opportunities across various sectors, particularly as industries increasingly prioritize sustainability and efficiency. One of the prominent opportunities lies in the growing demand for electric and hybrid APUs, which align with global efforts to reduce carbon emissions in transportation. As airlines and marine operators look to modernize their fleets, there is a strong push towards adopting cleaner technologies that offer better fuel efficiency and lower operational costs. Manufacturers that invest in research and development to create innovative electric and hybrid APU solutions can capitalize on this trend, establishing themselves as leaders in a rapidly evolving market. Furthermore, the expansion of unmanned aerial vehicles (UAVs) presents exciting opportunities for tailored APU solutions that meet the unique power requirements of these advanced platforms.

Another avenue of opportunity stems from the expanding aftermarket services related to Auxiliary Power Units. As aging aircraft and marine vessels require maintenance, repair, and replacement of existing APU systems, the aftermarket segment is poised for growth. MRO providers play a critical role in ensuring the reliability and performance of APUs, creating demand for upgraded systems that incorporate the latest technologies. Additionally, as regulatory frameworks continue to evolve, the need for compliance with environmental standards will drive operators to seek efficient and reliable APU solutions. Manufacturers that focus on building strong partnerships with MRO providers and offering comprehensive service packages can enhance their market position and successfully navigate the evolving landscape of the APU market.

Threats

Despite the positive outlook for the Auxiliary Power Units market, several threats could impact growth trajectories. One of the primary challenges stems from the increasing competition among manufacturers, which could lead to price wars and reduced profit margins. As new players enter the market and existing companies expand their product offerings, maintaining competitiveness will require significant investment in research, development, and innovation. Additionally, rapidly changing technological landscapes demand that manufacturers continuously adapt to emerging trends, which can strain resources and disrupt traditional business models. Moreover, geopolitical tensions and fluctuations in the defense budgets of various nations could impact military aircraft demand, thereby affecting the APU market's growth potential in the segment.

Another potential threat arises from the global push towards alternative energy solutions, which may shift focus away from traditional APU technologies. As industries explore hydrogen fuel cells and other innovative power sources, manufacturers may face challenges in keeping their products relevant and competitive. Furthermore, regulatory changes aimed at reducing carbon emissions could impose additional compliance costs on APU manufacturers, potentially impacting their operations and profitability. Navigating these threats will require a proactive approach to innovation, market positioning, and strategic partnerships to ensure sustained growth in the evolving market landscape.

Competitor Outlook

• Honeywell International Inc.
• Raytheon Technologies Corporation
• Safran S.A.
• United Technologies Corporation
• Pratt & Whitney Canada Corp.
• Korean Air Aerospace Division
• MTU Aero Engines AG
• Textron Inc.
• Thales Group
• Elbit Systems Ltd.
• Moderna Industries, Inc.
• HMS Technologies, Inc.
• Woodward, Inc.
• Wabtec Corporation
• Viasat, Inc.

The competitive landscape of the Auxiliary Power Units market is characterized by a mix of established players and emerging companies that are leveraging advanced technologies to capture market share. Major manufacturers like Honeywell International Inc. and Raytheon Technologies Corporation are at the forefront of APU innovation, continually investing in research and development to enhance performance, reliability, and sustainability of their products. These companies benefit from their established relationships with OEMs and a strong presence in the military and commercial aviation sectors, allowing them to maintain a competitive edge. Furthermore, their extensive service networks support aftermarket services, ensuring continued reliability and performance for their customers.

Other notable competitors in the APU market include Safran S.A. and Pratt & Whitney Canada Corp., both of which are recognized for their commitment to developing cutting-edge power solutions tailored for various aerospace applications. Safran’s focus on sustainable technologies has positioned it well in the market, particularly given the increasing demand for low-emission power sources. Similarly, Pratt & Whitney’s innovative approaches to APU design and functionality have allowed it to secure a strong foothold in the commercial aircraft sector. These companies’ ability to adapt to changing market dynamics and regulatory environments will be crucial in maintaining their competitive positions as the industry evolves.

Emerging players in the market, such as Korean Air Aerospace Division and MTU Aero Engines AG, are also making significant advancements in APU technology, focusing on developing niche power solutions for both military and commercial applications. These companies are particularly adept at responding to specific customer needs, which allows them to carve out unique market positions. The competitive landscape will continue to evolve as manufacturers seek to differentiate their products and services in an increasingly crowded market, highlighting the importance of innovation, strategic partnerships, and customer-centric approaches in achieving long-term success.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Safran S.A.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Textron Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Thales Group
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Viasat, Inc.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Woodward, Inc.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Elbit Systems Ltd.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Wabtec Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 MTU Aero Engines AG
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 HMS Technologies, Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Moderna Industries, Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Honeywell International Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Pratt & Whitney Canada Corp.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Korean Air Aerospace Division
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 United Technologies Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Raytheon Technologies Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Auxiliary Power Units APU Sales Market, By Application
    • 6.1.1 Military Aircraft
    • 6.1.2 Commercial Aircraft
    • 6.1.3 Unmanned Aerial Vehicles
    • 6.1.4 Marine
    • 6.1.5 Others
  • 6.2 Auxiliary Power Units APU Sales Market, By Product Type
    • 6.2.1 Diesel APU
    • 6.2.2 Electric APU
    • 6.2.3 Hybrid APU
    • 6.2.4 Gas APU
    • 6.2.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Auxiliary Power Units APU Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Auxiliary Power Units APU Sales market is categorized based on

By Product Type

• Diesel APU
• Electric APU
• Hybrid APU
• Gas APU
• Others

By Application

• Military Aircraft
• Commercial Aircraft
• Unmanned Aerial Vehicles
• Marine
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Honeywell International Inc.
• Raytheon Technologies Corporation
• Safran S.A.
• United Technologies Corporation
• Pratt & Whitney Canada Corp.
• Korean Air Aerospace Division
• MTU Aero Engines AG
• Textron Inc.
• Thales Group
• Elbit Systems Ltd.
• Moderna Industries, Inc.
• HMS Technologies, Inc.
• Woodward, Inc.
• Wabtec Corporation
• Viasat, Inc.