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 June 29, 2015

News: SpaceX Falcon 9 explodes moments after launch – A SpaceX rocket carrying supplies to the International Space Station blew up June 28 shortly after liftoff.   Business: How serious a setback is SpaceX rocket explosion? – Elon Musk had never come face to face with that rule before — at least not in space travel —...
 
 

News Briefs June 29, 2015

Iraqi pilot in Arizona plane crash found dead Officials say the body of an Iraqi pilot who had been training in the United States and crashed in southern Arizona has been located. Iraq’s Defense Ministry said June 26 that search teams found the body of Brig. Gen. Rasid Mohammed Sadeeq at the crash site five...
 
 
Huntington Ingalls Industries photograph

PCU John Warner delivered to Navy

Huntington Ingalls Industries photograph A dolphin jumps in front of the Virginia-class attack submarine Pre-Commissioning Unit (PCU) John Warner (SSN 785) as the boat conducts sea trials in the Atlantic Ocean. The U.S. Navy ac...
 

 
navair-helo

HX-21 completes first flight with developmental electronic warfare pod

On June 8, 2015, a UH-1Y from Air Test and Evaluation Squadron (HX) 21 completed the first test flight with a developmental electronic warfare pod.  The pod would represent a new tactical capability for U.S. Marine Corps rotar...
 
 

Northrop, Navy celebrate legacy of EA-6B Prowler

Northrop Grumman photograph by Edgar Mills The U.S. Navy’s last operational EA-6B Prowler, designed and built by Northrop Grumman, lifts off from Naval Air Station Whidbey Island, Wash. in a ceremonial fly-away June 27 from its long time operational base. The Navy is retiring the Prowler after nearly 45 years of service.   The U.S....
 
 
Air Force photograph by Capt. Tania Bryan

NORTHERN EDGE provides environment for testing new capabilities

Air Force photograph by Capt. Tania Bryan Aircraft from test and evaluation squadrons across the Air Force line up on the Joint Base Elmendorf-Richardson flightline. Northern Edge is Alaska’s premier joint training exercise d...
 




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=""> <s> <strike> <strong>