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July 11, 2023 | International, Aerospace

US Senator Warren, others warn against L3Harris plan to buy Aerojet

U.S. Senator Elizabeth Warren, a Democrat and frequent merger critic, joined three other lawmakers on Tuesday to urge the Defense Department to thoroughly review defense contractor L3Harris Technologies' $4.7 billion deal for Aerojet Rocketdyne Holdings .

https://www.reuters.com/markets/deals/us-senator-warren-others-warn-against-l3harris-plan-buy-aerojet-2023-07-11/

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  • Aviation Week Forecasts: Western Attack Helicopter MRO By Family 2020-2029

    June 1, 2020 | International, Aerospace

    Aviation Week Forecasts: Western Attack Helicopter MRO By Family 2020-2029

    June 01, 2020 Aviation Week Network forecasts that annual MRO demand for Western-designed attack helicopters will increase 11.1% during this decade, from $4.2 billion in 2020 to $4.6 billion in 2029. Aviation Week defines attack helicopters as rotary-wing aircraft that are unable to carry cargo internally, are armed with a forward-firing cannon of at least 20mm, and which can carry and self-designate targets for anti-tank guided missiles. Ninety percent of MRO demand in 2020 will be generated by just two helicopter families: the Boeing AH-64 Apache and Bell AH-1 Cobra. The AH-64 will see an 8% increase in its MRO demand over the next 10 years from $2.9 billion to $3.2 billion. Overall, the AH-64 will generate 68.6% of the global MRO demand total. The AH-1's MRO demand will drop 12.3% in the next ten years. Despite the decline, the AH-1 still will generate 18.2% of total attack helicopter MRO. The Airbus Tiger will see the largest decline in MRO demand of any attack helicopter. With no probable future export orders on the horizon and an early retirement by Australia, the Tiger's MRO demand will fall 23.5% from 2020 to 2029. The Leonardo AW129 family of attack helicopters could experience a 22.1% growth in its MRO demand over the forecast if TAI and its T129 derivative manages to hold on to its hard won, but now in danger, export orders by securing a non-US export-restricted engine. Open requirements and competitions will produce over a billion dollars of MRO demand in the next decade, a significant boost to any program. Source: Aviation Week Intelligence Network (AWIN) 2020 Military Fleet & MRO Forecast For more information about the 2020 Forecast and other Aviation Week data products, please see: http://pages.aviationweek.com/Forecasts https://aviationweek.com/defense-space/z/aviation-week-forecasts-western-attack-helicopter-mro-family-2020-2029

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