Military helicopter industry to decline by half
Frost and Sullivan has predicted that US DoD spending on military helicopters will decrease by almost half from $12.4 billion in 2012 to $6.7 billion in 2018.
As a result of tightening budgets, the major part of the spending will be on upgrading and remanufacturing existing platforms with OEMs increasingly focusing on efficiency of maintenance in order to reduce costs.
There will also be a number of new helicopter programmes as some aircraft is due for replacement after continuous deployment and operation in harsh environments over the last years.
‘New programmes will favour modifying commercial-off-the-shelf aircraft rather than developing aircraft
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