NEWTOWN, Conn., 4 April 2013. The U.S. military's Future Vertical Lift (FVL) program is especially important to the long-term future of the military rotorcraft industry, according to Forecast International analysts in the market research firm’s latest report.
The FVL project involves the development and manufacture of a new rotorcraft family to meet future U.S. attack, scout, and utility rotorcraft needs. Service entry is tentatively planned for 2030.
U.S. military acquisition of FVL-based rotorcraft, combined with possible export sales, means that the market potential for such a rotorcraft family is substantial.
"The contractor or contractor team ultimately selected to produce the FVL series could be in a position to eventually dominate the military rotorcraft market," explains Forecast International Senior Aerospace Analyst Raymond Jaworowski.