War is a business and business is apparently booming. Well, at least for global attack helicopter manufacturers.
Research and Markets released a new report this week revealing that the global attack helicopter market is expected to have a compound annual growth rate of 5.21% in the next four years.
Attack helicopters and gunships are used by the military to carry anti-tank Hellfire misses, rockets, machine guns and air-to-air missiles. As the report points out, attack helicopters have the ability to attack enemies and provide strategic support to ground forces. In addition, gunships can also engage with enemy combatants. Analysts argue that more and more civilians are getting killed in recent years due to terrorism and in response, militaries are using attack helicopters to provide an aerial attack.
Researchers predict that the global attack helicopter market will continue to grow at a compound annual growth rate of over 5%. In addition, Research and Markets lists the companies that are expected to profit from the growing global attack helicopter market. The list includes: Airbus Helicopters, Bell Helicopter, Boeing and HAL.
Moreover, researchers report that many countries are updating their airborne defense strategies by investing in their line of attack helicopters. Furthermore, military drones have gained in popularity thanks to advanced technological systems. Not to mention analysts assert that the rise of artificial intelligence in warfare has caused “the new revolution in warfare.”
This news comes after the Department of Defense announced that they were able to successfully complete a micro-drone demonstration with over 100 Perdix drones.
The Pentagon explained the micro-drones displayed “advanced swarm behaviors such as collective decision-making, adaptive formation flying, and self-healing.”
Named after the god Athena, Perdix drones are a group of drones that can be dropped out of the sky at high speeds and are relatively inexpensive. The Pentagon plans to produce more micro-drones and releasing them in groups of up to 1,000.