On June 12, the U.S. State Department approved a Foreign Military Sale to India of six AH-64E Apache attack helicopters. The contract carries a potential value of $930 million. The contract also covers a host of specialized mission electronics, including the APG-78 Longbow fire control radar and M-TADS/PNVS electro-optical system. Continue reading
Multiple companies have recently been awarded contracts for international AH-64 retrofit programs. As one of the world’s premier attack helicopters, the Apache is well funded, and is upgraded regularly with new and improved technologies. Continue reading
Following a difficult year into the company’s rebranding, Leonardo’s management has launched another industrial plan, dubbed Leonardo 2.0, that aims to achieve double-digit profitability over the next five years, tighten project cost control, and invest some EUR500 million ($624 million) in core technologies. This move follows lackluster results for 2017, which saw sales drop 4 percent – from EUR12.0 billion in 2016 to EUR11.5 billion in 2017. The company reported net income of EUR274 million for the year, compared to EUR507 million for 2016. Continue reading
The Netherlands has received approval from the U.S. State Department for the upgrade and remanufacture of its AH-64D Block II Apache attack helicopters to the AH-64E configuration. While the contract would largely entail work on the helicopter itself, it would also include the replacement of many of the helicopters’ primary electronics systems. The overall deal carries an estimated value of $1.191 billion. Continue reading
Data from Forecast International’s unique Platinum Forecast System underscores the importance of the medium/heavy military rotorcraft segment to the world’s rotorcraft manufacturers. Over the next 15 years, from 2018 to 2032, the medium/heavy military sector will be the largest segment of the world rotorcraft market in terms of monetary value, and second only to the light civil rotorcraft segment in terms of unit production. Continue reading
Utilizing data from its innovative Platinum Forecast System® 3.1, Forecast International projects that a total of 1,610 light military rotorcraft will be produced during the 15-year period from 2017 through 2031. The value of this production is estimated at $22.2 billion in constant 2017 U.S. dollars. In general, we define a military rotorcraft as light when it has a maximum gross weight of less than 6,804 kilograms (15,000 lb). Continue reading
Forecast International is pleased to announce the launch of a newly enhanced U.S. Defense Budget Forecast database, now featuring the ability to track major program spending and identify winners and losers within every Pentagon budget request. FI’s budget database provides quick access to DoD request and forecast budget data, justification documents, congressional markups, and more. The Pentagon’s massive weapons spending plan can be sorted by value, with options for filtering programs by appropriation title (R1/P1), service, and appropriation account. Continue reading
This blog post briefly highlights Airborne Retrofit & Modernization news from the past week. More in-depth news can be found in Forecast’s E-Market Alert. To the minute R&M news can also be found via the Forecast R&M twitter account, @MBeresFI.
Forecast International’s Platinum Forecast System 3.1 indicates that a total of 6,175 medium/heavy military rotorcraft will be produced during the 15-year period from 2017 through 2031. The value of this production is estimated at $158.4 billion (in FY17 dollars). We define a medium/heavy military rotorcraft as one having a gross weight of at least 6,804 kilograms (15,000 lb). Continue reading
Bell Helicopter plans to terminate production of the 206L4 LongRanger during the first half of 2017, according to a report by Flight International.
The seven-seat LongRanger remained in production long after production of its smaller sibling, the iconic five-seat Bell 206B, ended in 2010, but sales have been declining for years. Continue reading