Fighter jet may seem more glamorous than non-combat aircraft. But believe it or not, non-combat jet products are often more profitable for investors.
Take for example the C-130. Since 1954, Lockheed Martin has built and sold about 2,500 C-130 Hercules. With an average price of US $ 30 million per unit which is not far adrift with US $ 38 million for the F-14 is built Northrop Grumman (NYSE: NOC). And Lockheed has sold three times as many C-130s as Northrop sold F-14s.
There are many players in the class of non-combat aircraft, especially air transport. We’ll try to look at the 10 best in the world seen from the level of sales.
Lockheed Martin C-130 Hercules, List price: $68.1 million
Lockheed’s C-130 remains hands down the most popular military aircraft (that isn’t a fighter jet) on the planet.
According to the latest stats from Flightglobal Insight’s “World Air Forces” report (link leads to a free download of the report), 947 of these big birds are flying around the world today — down only slightly from this time last year. What’s more, between improvements made in the aircraft, and the inexorable march of inflation, BGA-Aeroweb reports that C-130J Super Hercules aircraft sell for more than twice what the aircraft has cost, on average, over its history: $68.1 million, each.
Lockheed’s C-130 leads the world with 22% global market share in military transports, which is more than three times the share of its closest rival.
Textron Beechcraft King Air, List price: $7.7 million
302 King Airs are now in service around the world, up from 295 a year ago.
Boeing C-17 Globemaster III, price: $225 million
Airbus CN-235, List price: $23 million
At a list price just one-tenth that of the C-17, Airbus calls its CN235 the world’s “lowest cost tactical airlifter.” This low cost has helped it win military customers in more than two dozen nations. Together with the larger C295, 261 units of the planes are in service globally, giving this airframe a 6% market share, similar to the C-17’s.
Antonov An-26 Curl, price: $150,000 (on the resale market)
Curiously, that’s two more aircraft than Flightglobal reported last year, indicating that at least two aircraft, previously defunct, have been returned to service. An-26 models now command 5% market share worldwide.
Ilyushin Il-76, price: ~$50 million
Antonov An-32 Cline, price: $12 million
Textron Cessna 208 Caravan, price: $1.6 million
Making its second appearance on this list, Textron offers another popular plane to foreign buyers in the form of its Cessna 208. According to deagel.com, Textron has built more than 2,000 of these planes since production began in 1985, most for civilian use. According to Flightglobal, 128 of them are in service with militaries around the world. Market share: 3%.
Transall Allianz C-160, price: $7 million (in 1970)
CASA C212 Aviocar, price: $4.2 million