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 May 1, 2015

Business: Airbus says it will file criminal complaint over U.S. spy claims - European aviation and aeronautics giant Airbus said April 30 it would file a criminal complaint against persons unknown following German media reports it had become a target of U.S. industrial espionage. Finmeccanica outlines way ahead in U.K. market - Details have emerged about how...
 
 

News Briefs May 1, 2015

U.S. commander says NATO to step up its intelligence-sharing The top U.S. commander for NATO says the alliance will begin to improve intelligence-sharing with members and cooperation about the movement of foreign fighters from Iraq and Syria to the U.S. and other Western countries. Air Force Gen. Philip Breedlove says individual nations have been sharing...
 
 
Photograph by Linda KC Reynolds

A Million Makes a Difference

Presidential Lifetime Achievement Awards were presented to Lockheed Martin employees Richard Heinstedt and Jerry Dougherty, for serving more than 4,000 hours since 2003. Sherry Imil (center) received an honorable mention for vo...
 

 
Home-for-Good-logo

Coalition comes together to house area’s homeless vets

A coalition of Antelope Valley social service and community organizations has banded together with the ambitious goal of housing the area’s homeless veteran population by December 2015. The initiative, dubbed Home for Good, h...
 
 

Airbus profit up on Dassault sale but orders down

European planemaker Airbus says it has seen its profit jump in the first quarter thanks to the sale of a stake in rival Dassault Aviation, though its plane orders and deliveries fell slightly. Airbus reported net profit of 792 million euros ($871 million) in the first quarter, compared with 439 million euros a year earlier....
 
 
Air Force photograph by SSgt. DeNoris A. Mickle

‘Sentient data’ may one day augment Soldier capability

Air Force photograph by SSgt. DeNoris A. Mickle Air Force photograph by SSgt. DeNoris A. Mickle “Sentient data,” or information that can feel and perceive things, might one day protect Soldiers and their networks, s...
 




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>