Business

March 27, 2013

Forecast International sees intensifying competition in the medium/heavy military rotorcraft market

Forecast International is projecting that 4,796 medium/heavy military rotorcraft will be produced between 2013 and 2022.

The Connecticut-based market research firm estimates the value of this production at $114.4 billion in constant 2013 U.S. dollars. The company defines a medium/heavy rotorcraft as one having a gross weight of 6,804 kilograms (15,000 pounds) or greater.

Annual medium/heavy military rotorcraft production has grown steadily since 2005. The Forecast International study projects that this growth will continue into 2013, when production is forecast to reach 615 rotorcraft. Thereafter, however, the study projects that yearly production will enter into a period of gradual decline, falling to only 380 rotorcraft by the year 2022.

This anticipated decline is attributable to several factors. The budgetary environment in the United States and many other nations has become severe, and high levels of government debt are forcing officials to look for areas, such as military budgets, in which to reduce spending.

Meanwhile, a number of key military rotorcraft acquisition programs are well into their production runs and will soon run their course. Other programs have been stretched out, with smaller annual procurement lots. At the same time, few major new procurement programs have emerged that would help keep overall build rates growing. Order backlogs at manufacturers are declining. As the market shrinks, the competition among manufacturers for market share will become ever more fierce.

Beyond the forecast timeframe, the study points to the U.S. military’s Future Vertical Lift program as being especially important to the long-term future of the military rotorcraft industry. The FVL project involves the development and manufacture of a new rotorcraft family to meet future U.S. attack, scout, and utility rotorcraft needs. Service entry is tentatively planned for around 2030. U.S. military acquisition of FVL-based rotorcraft, combined with possible export sales, means that the market potential for such a rotorcraft family is substantial. According to Forecast International senior aerospace analyst Raymond Jaworowski, “The contractor or contractor team ultimately selected to produce the FVL series could be in a position to eventually dominate the military rotorcraft market.”




All of this week's top headlines to your email every Friday.


 
 

 

Headlines January 30, 2015

News: Taliban claims responsibility for attack on Americans at military base near airport - The Taliban claimed responsibility Jan. 30 for a shooting incident at a military base attached to Kabul’s international airport yesterday that killed three American civilian contractors and an Afghan national, saying the attacker had infiltrated the ranks of the security forces. Commission...
 
 

News Briefs January 30, 2015

Military judge weighs restrictions on Gitmo female guards A military judge is deciding whether to continue restricting the use of female guards at Guantanamo. Navy Capt. J. Kirk Waits heard closing arguments Jan. 29 at the base in Cuba during a pretrial hearing for Abd al-Hadi al-Iraqi. Waits didn’t say when he will rule. Hadi...
 
 
Air Force photograph by 1st Lt. Jake Bailey

Cope South experts exchange knowledge, techniques

Air Force photograph by 1st Lt. Jake Bailey TSgt. Sam Bishop, center left, and SSgt. Jeffrey Stephens discuss propeller maintenance with Bangladesh air force maintainers, from the 101st Special Flying Unit, during exercise Cope...
 

 

Air Force names 2-star to lead F-35 Integration Office

With the initial operating capability date of the F-35 Lightning II quickly approaching, the Air Force appointed Maj. Gen. Jeffrey Harrigian as the director of a larger Air Force F-35 Integration Office, Feb. 1. In addition to gaining new leadership, the F-35 Integration Office will also grow from a staff of four to 12 and...
 
 
boeing-ana2

Boeing announces ANA’s commitment to more jetliners

Airline continues fleet modernization with Boeing airplanes Boeing and All Nippon Airways announced Jan. 30 the airline’s intent to purchase three 787-10 Dreamliners to add additional flexibility to the airline’s 787 fleet....
 
 
Air Force photograph by Scott M. Ash

Air Force risks becoming too small to succeed under sequestration

Air Force photograph by Scott M. Ash Air Force Chief of Staff Gen. Mark A. Welsh III testifies before the Senate Armed Services Committee Jan. 28, 2015, in Washington, D.C., as Commandant of the Marine Corps Gen. Joesph F. Dunf...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>