The Business Enterprise R&D expenditure in the US for the manufacture of air and spacecraft and related machinery is forecasted to decrease significantly from 2024 to 2028. In 2023, the actual spending stood at $14.84 billion. Forecasts indicate a consistent year-on-year decline, with figures of $13.59 billion in 2025, $12.36 billion in 2026, dropping further to $11.13 billion in 2027, and reaching $9.92 billion by 2028. The compound annual growth rate (CAGR) over this period reflects a negative trend, highlighting a substantial reduction in R&D investments over these forecasted years.
Future trends to watch for include:
- Technological shifts requiring innovation and efficiency
- Governmental policies affecting aerospace funding
- Global competition potentially altering R&D strategy
- The impact of sustainability initiatives on research funding priorities
