FIREFIGHTER SIMULATOR TRAINING SERVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In December 2023, the U.S. State Department approved Saudi Arabia's request for military training worth USD 1 billion to enhance its air force's capabilities against current and future threats. This deal covers various training programs and support services for the Royal Saudi Air Force and related forces.
• In April 2021, the U.S. Army awarded Science Applications International Corp. contracts exceeding US$ 4 billion for engineering modeling, simulation systems, and hardware development for the Aviation & Missile Center
• In March 2021, CAE Inc. is a company that specializes in providing training solutions for various industries, including aviation, defense, healthcare, and mining announced the acquisition of L3Harris Technologies' Military Training division for USD 1.05 billion. This move is aimed at expanding both companies' market presence and increasing their revenue share. With growing demand from customers, competition among companies is expected to intensify. Those offering top-notch products within budget constraints, along with related services, are likely to see the most success.
• In January 2021, Top Aces Corp is a leading provider of advanced adversary training solutions for military forces worldwide announced the launch its first batch of F-16 aircraft for military pilot training purposes