Airbus expected to lead light military helicopter market, report says

More than 1,600 light military helicopters will be built over the next 15-years by manufacturers worldwide for a value of about $22.2 billion, according to a market report.

Market intelligence and analysis firm Forecast International said Tuesday it came to the conclusion using data from its Platinum Forecast System 3.1.

Production of light military rotorcraft — those weighing less than 15,000 pounds — has been on the upswing since 2014, rising from the 160 units produced that year to 208 in 2016, the firm said. The upswing has continued in 2017, with 217 such aircraft expected to be built.

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