How does this market expansion compare to the growth trajectories of key competitors such as Airbus and Lockheed Martin?

Fundamental backdrop

The SkyQuest forecast projects the aerospace‑parts market to climb to USD 1.3 trillion by 2032, a CAGR of roughly 5‑6% driven by expanding commercial‑jet fleets and the post‑COVID rebound in international travel. Boeing (BA) is the primary beneficiary because the bulk of the spend is on air‑frame and engine components for its 737‑MAX, 787‑9/10 and upcoming 777X programs. By contrast, Airbus’ growth is anchored in a similar commercial‑jet pipeline (A320neo, A350, A220) but its revenue CAGR is expected to stay in the 4‑5% range as the company leans heavily on the same airline‑capacity expansion that fuels the parts market. Lockheed Martin, whose upside is tied to defense and the limited F‑35/Space‑X‑type programs, is forecast to post a 3‑4% CAGR—well below the broader aerospace‑parts trajectory—because its revenue is less sensitive to commercial‑jet demand and more to government budgeting cycles.

Technical and trading implications for BA

On the chart, BA is still below its 200‑day moving average and has yet to break the $210 resistance that coincides with the 5‑month downtrend. The market‑expansion outlook adds a fundamental catalyst that could push the stock toward a breakout if the 200‑DMA is retested with volume support. A bullish bias is justified if BA can capture a larger share of the $1.3 T parts spend—e.g., by accelerating 787/777X deliveries or securing new service‑contract pipelines. Conversely, any supply‑chain bottlenecks or delays in the 737‑MAX could keep BA lagging behind Airbus, limiting upside.

Actionable insight

Given the higher growth trajectory of the parts market versus Airbus (≈4‑5% CAGR) and Lockheed Martin (≈3‑4% CAGR), BA stands to out‑perform if it translates the macro‑trend into incremental revenue. Traders can accumulate on dips near the 200‑DMA (~$190‑$200) with a stop just below the 50‑day moving average, targeting a run to the $230‑$240 range as the market digests the parts‑sector expansion. A breakout above $210 with strong volume would be a cue to scale in, while a failure to hold that level may signal that Boeing’s capture‑share is weaker than the broader market’s growth, prompting a defensive exit.