The business aircraft market has been flat for over three years. There were 305 business jet deliveries in 1993, 315 in 1994 and 307 in 1995. And 10% of deliveries in each of these years were Beechjet T-1s for the USAF Tanker, Transport Training System (TTTS) program. WAITING FOR GROWTH

While the long-term future of the manned combat aircraft is heavily debated, the future of the manned strategic bomber is fairly obvious: in the long run, it is doomed. The U.S. has the only active production strategic bomber program, and the most capable bomber fleet. Russia, which inherited most of the ex-Soviet bomber force, has the only other strategic bomber force. It flies some Tupolev Tu-95s and Tu-160s, but these are not being upgraded. The replacement program, Sukhoi's T-60, is dormant.

The commercial jet transport market has returned to prosperity. Orders are up, airlines are making money, and only about 200 used planes are on the market, down from 1,000 a few years ago. Two questions remain: is this recovery sustainable, and does a rising tide lift all boats?