Fri, May 27, 2011
Major European Powers Like The UK, France, Italy And Germany
Remain Key Markets Despite Frozen Or Reduced Overall Defence
Budgets
A new market study "The Military Helicopter Market 2011-2021"
finds helicopters certainly play key roles and are expected to
remain doing so in the foreseeable future. Thus, programs related
to their development and acquisition remains remarkably resilient
to cuts in defence spending. Although there have been fears
helicopter spending would be scaled back, after recent
announcements in major markets, helicopter programs have mainly
survived or even thrived, enjoying the support of government
budgets. Consequently, countries are expected to continue making
military helicopter a priority. Based on the study, global spending
on military helicopters amounted to $12.6 billion in 2010.
Not surprisingly, the report finds that the US spends the most
on military helicopters, as these aircraft are in great demand in
its military operations, increasingly so in the vast spaces of
Afghanistan. Major European powers like the UK, France, Italy and
Germany remain key markets despite frozen or reduced overall
defence budgets. Countries such as India, South Korea and Turkey
are also embarking on major helicopter development and acquisition
programs.
Helicopters have time and again proven to be essential to the
majority of 21st century military operations in both conventional
wars and counter-insurgency-type campaigns. Helicopters, the report
says, can provide a means for moving personnel and cargo even in
areas where prepared airfields and even roads are poor or do not
exist. The ability of these rotorcraft to hover or to fly slower
than fixed-wing aircraft also make them invaluable in surveillance
and providing air support. Helicopters embarked on naval vessels
also significantly extend the reach and capabilities of these
ships. Helicopters have further been useful in humanitarian
operations where they are often the best, or even the only, means
of transport in disaster-stricken areas.
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