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Tuesday, November 4, 2008

FI Predicts Light Sector to Be Most Dynamic

Forecast International projects that 2,176 light rotorcraft will be produced for military use during the 10-year period from 2008 through 2107. The Connecticut-based firm estimates the value of this production at $22.3 billion. According to the company's recent study, yearly production of this sector is projected to rise steadily from an estimated 132 rotorcraft in 2008 to 291 rotorcraft in 2014.  Key factors in this growth include the U.S. Army's procurment programs and the proliferation of new civil helicopter models. FI also believes that Eurocopter and Bell will be the top two manufacturers in the light military rotorcraft market during the next 10 years with Eurocopter leading in units produced. For related news


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