Welcoming sign at the Singapore Airshow
A worker packs up after completing a Singapore Airshow signage made up of steel "paper planes" glued onto the wall at the exhibition venue in Singapore February 7, 2014. Aerospace firms will finalise billions of dollars of deals at next week's Singapore Airshow, hoping to ride out a storm in emerging markets whose prosperity is vital to their plans to keep producing record numbers of jets. Asia's largest aerospace gathering is usually a "show and tell" event where executives come to mingle with some of the world's biggest long-haul carriers and Asia's ambitious new travel tycoons, as well as the region's busy military buyers. REUTERS/Edgar Su (SINGAPORE - Tags: TRANSPORT BUSINESS) - RTX18C7S

The Singapore Airshow opened on Tuesday and will run for five days until February the 15th. The event promises to see a rekindling of the rivalry between The Boeing Company (NYSE:BA) and the EADS-owned Airbus (EPA:AIR) to scoop up the large orders for aircraft that are typically announced at major airshows. This year will also be a big year for U.S. military companies that are trying to drum up new business abroad, in light of Pentagon cuts and the buildup of military forces in the Middle East.

South Korean Air force Manoeuver
South Korea Air Force's Black Eagles perform a manoeuver during an aerial display ahead of the Singapore Airshow February 9, 2014. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS TRANSPORT MILITARY) - RTX18G1M
Two Korean Fly Close by
South Korea Air Force's Black Eagles perform a manoeuvre during an aerial display ahead of the Singapore Airshow February 9, 2014. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS TRANSPORT MILITARY) - RTX18G1O
The Black Eagles
South Korea Air Force's Black Eagles perform a manoeuvre during an aerial display ahead of the Singapore Airshow February 9, 2014. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS TRANSPORT MILITARY) - RTX18G3U
Three Black Eagle Aircraft
South Korea Air Force's Black Eagles perform a manoeuvre during an aerial display ahead of the Singapore Airshow February 9, 2014. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS TRANSPORT) - RTX18G3V
Indonesian Air Force
Indonesia Air Force's Jupiter Aerobatic team performs a manoeuvre during an aerial display ahead of the Singapore Airshow February 9, 2014. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS TRANSPORT) - RTX18G40
Airbus A350
An exhibitor looks at a model of the Airbus A350 aircraft ahead of the Singapore Airshow February 10, 2014. Aerospace firms will finalise billions of dollars of deals at Tuesday's Singapore Airshow, hoping to ride out a storm in emerging markets whose prosperity is vital to their plans to keep producing record numbers of jets. Asia's largest aerospace gathering is usually a "show and tell" event where executives come to mingle with some of the world's biggest long-haul carriers and Asia's ambitious new travel tycoons, as well as the region's busy military buyers. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS TRANSPORT) - RTX18IBY
Singaporean Air Force
Republic of Singapore Air Force's Black Knights perform a manoeuvre during an aerial display at the Singapore Airshow February 11, 2014. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS TRANSPORT MILITARY SOCIETY) - RTX18KCV
Airbus A350 On Tarmac
An Airbus A350 sits on the tarmac among static display of planes at the Singapore Airshow February 11, 2014. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS TRANSPORT) - RTX18KD7
Korean Black Eagles
The Republic of Korea Air Force's Black Eagles perform during an aerial display at the Singapore Airshow February 11, 2014. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS TRANSPORT) - RTX18KGH
Koean Air Force
The Black Eagles aerobatic team of South Korean Air Force (ROKAF) perform with their T-50 aircraft during the Singapore Airshow in Singapore February 11, 2014. REUTERS/Tim Chong (SINGAPORE - Tags: MILITARY TRANSPORT BUSINESS) - RTX18KPK
Koean T-50 aircraft
The Black Eagles aerobatic team of South Korean Air Force (ROKAF) perform with their T-50 aircraft during the Singapore Airshow in Singapore February 11, 2014. REUTERS/Tim Chong (SINGAPORE - Tags: MILITARY TRANSPORT BUSINESS) - RTX18KPN
U.S. Marine Corps MV-22B
A trade visitor looks at a hovering U.S. Marine Corps' MV-22B Osprey aircraft during the Singapore Airshow in Singapore February 11, 2014. REUTERS/Tim Chong (SINGAPORE - Tags: MILITARY TRANSPORT BUSINESS) - RTX18KPQ
Airbus Aircraft Engine
Journalists work next to the Rolls Royce engine of an Airbus A350 on display at the Singapore Airshow February 11, 2014. Airbus claimed bragging rights as the Asia-Pacific's dominant aircraft supplier on Tuesday, saying the region's fast growing economies and rising passenger demand will continue to drive demand over the next 20 years. REUTERS/Edgar Su (SINGAPORE - Tags: BUSINESS TRANSPORT MEDIA) - RTX18KRG
Airbus A350-900
An Airbus A350-900 aircraft performs a flight pass during the Singapore Airshow in Singapore February 11, 2014. Airbus claimed bragging rights as the Asia-Pacific's dominant aircraft supplier on Tuesday, saying the region's fast growing economies and rising passenger demand will continue to drive demand over the next 20 years. REUTERS/Tim Chong (SINGAPORE - Tags: TRANSPORT BUSINESS) - RTX18L9H