Data generated by Forecast International’s Platinum Forecast System 4.0 indicate that a number of planned new-start acquisition programs will kick-start demand in the long term in the light military rotorcraft market. A total of 1,630 light military rotorcraft is projected to be produced during the 15-year timeframe between 2018 and 2032. The value of this production is estimated at $24.4 billion in constant 2018 U.S. dollars. In general, we define a light military rotorcraft as having a maximum gross weight of less than 6,804 kilograms (15,000 pounds). 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
Bell and Boeing have been awarded a U.S. Navy contract, worth $332 million, to supply five MV-22s to Japan through the U.S. government’s Foreign Military Sales program. The deal marks the first-ever export sale of the tiltrotor aircraft.
The five MV-22s are intended to be the first batch of a larger Japanese procurement of the tiltrotor aircraft. Japan’s New Medium Term Defense Program, which covers the five-year period FY14 through FY18, calls for the Japan Ground Self-Defense Force to acquire a total of 17 MV-22s. Continue reading
On the opening day of the Paris Air Show, United Technologies Corp (UTC) revealed that it has decided to proceed with a sale or spinoff of its Stratford, Connecticut-based Sikorsky Aircraft subsidiary. Earlier this year, UTC had announced that it was reviewing strategic alternatives regarding Sikorsky’s future within the UTC corporate portfolio.
At the time, Forecast International wrote that Sikorsky had a bright future with or without UTC. We pointed to such factors as Sikorsky’s continuing leadership in the military rotorcraft market among Western manufacturers, underscored by robust U.S. Army procurement of Black Hawk helicopters as well as key wins in such contests as the U.S. Air Force combat rescue helicopter and U.S. Navy VXX presidential helicopter programs. Added to this are Sikorsky’s smaller but growing presence in the civil rotorcraft market and the bright outlook for the firm in the increasingly important helicopter aftermarket.