Monday, March 19, 2012
Report: Military Helicopter Mod Market Near $4 Bil
A report from UK-based Visiongain places the 2012 value of the worldwide military helicopter modernization, upgrade an retrofit market at $3.98 billion. The report examines global demand and seven regional submarkets to form a larger picture of the current helicopter upgrades situation over the next decade, with future spending largely tied to available budgets. The aftermarket services sector is expected to benefit from financial cutbacks in the U.S. and Europe, according to the forecast.
Related: Military Helicopter News