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Consolidation Could Loom For Military Helicopter Industry, Chadwick Says

Consolidation Could Loom For Military Helicopter Industry, Chadwick Says
A US. Marine Corps V-22 lifting off a ship. Photo: U.S. Navy

Boeing’s [BA] top defense executive believes that less demand coupled with the possible return of sequestration could force some consolidation in the military helicopter business. “If, depending on how the next year or two of decisions go with sequestration, that could very well be the case,” Chris Chadwick, president and CEO of Boeing Defense, Space & Security, told Defense Daily in an interview last week. “Supply and demand.” Chadwick added that he believed Boeing will remain in good shape through…

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