Avionics Sales Top $1.72B in Third Quarter
Worldwide avionics sales in the third quarter totaled more than $1.72 billion, according to the Aircraft Electronics Association’s latest quarterly avionics market report. In the first nine months, the industry recorded more than $5.1 billion in total worldwide avionics sales. Last year, nearly $6.3 billion in avionics were sold. The amounts include all aircraft electronic products (both certified and noncertified), hardware, batteries and chargeable product upgrades from the 20 participating avionics manufacturers. They do not include repairs and overhauls, extended warranty or subscription services.