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.


 
 

 
LM-F35-hours

F-35 fleet surpasses 15,000 flying hours

The Lockheed Martin F-35 Lightning II fleet recently surpassed 15,000 flight hours, marking a major milestone for the program.  “Flying 15,000 hours itself demonstrates that the program is maturing, but what I think is e...
 
 

Raytheon awarded first international contract for Paveway IV

Raytheon has received a contract from an international customer for Pavewayô IV precision guided bombs valued at more than $200 million. As part of the sale Raytheon will deliver hundreds of the advanced munitions, which are regarded as the ‘weapon of choice’ for the Royal Air Force. The contract represents the first sale of Pavewayô...
 
 
Northrop Grumman photograph

Northrop Grumman dedicates Aircraft Integration Center of Excellence in Florida

Northrop Grumman photograph Tom Vice, corporate vice president and president, Northrop Grumman Aerospace Systems, addresses the media with, from left, Florida State Sen. John Thrasher, Florida Gov. Rick Scott, U.S. Rep. Ron DeS...
 

 

Lockheed Martin GMLRS alternative warhead logs successful flight test series, shifts to next testing phase

Lockheed Martin successfully conducted the fifth and final Production Qualification Test for the new Guided Multiple Launch Rocket System Alternative Warhead recently at White Sands Missile Range, N.M. During the long-range test, four rockets were fired from a HIMARS launcher and destroyed their respective targets approximately 65 kilometers away. The test is the final milestone...
 
 

Forecast International expects UAV market to rise strongly through next decade

The wars in Iraq and Afghanistan sent unmanned aerial vehicle production to record heights, but with the last U.S. military troops in Afghanistan slated to depart the country this year, the Pentagon’s demand for unmanned air vehicles is slackening. However, while fewer UAVs are expected to roll off the production lines from 2014 to 2023,...
 
 
sikorsky-china

China certifies Sikorsky S-76D™ helicopter

Sikorsky Aircraft Corp. announced April 15 that the Civil Aviation Administration of China has issued a validation type certificate for the S-76D™ aircraft, allowing Sikorsky to begin delivering the commercial helicopter  to...
 




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>