Farnborough: Boeing bullish about state of rotorcraft business
Despite a projected fall in production numbers of US military rotorcraft in coming years, Boeing remains bullish about the long-term health of the segment.
The company has seen the peak of production in many of its multiyear contracts with the Pentagon but is confident that foreign sales and upgrades will offset this decline, according to Chris Chadwick, president and CEO of Boeing Defense, Space and Security.
‘If you look at rotorcraft as a whole, my estimate is that it’s going to maintain solid demand for some time,’ Chadwick said at a roundtable with reporters in advance of the Farnborough International
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