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Military Helicopter Market To Decline While Commercial Rebounds, Study Finds

Defense Daily Staff Defense Daily Staff
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Military Helicopter Market To Decline While Commercial Rebounds, Study Finds
CH-47 Chinook Helicopter. Photo: Boeing.

The military helicopter market is set to decrease due to budget constraints, but the commercial market will recapitalize in the coming years, according to a new study from business consulting firm Frost & Sullivan. The report found that the Department of Defense spent $12.41 billion on helicopters in fiscal year 2012, but that number will be cut in half to $6.7 billion by FY 2018. Instead of investing in new helicopter technology, DoD will focus on maintaining and upgrading the…

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