Monday, September 17, 2012

Drone Market Will Shrink After Withdrawal Of US From Afghanistan

Boeing: Drone market will shrink

Boeing: Drone market will shrink
ST. LOUIS — The unmanned aircraft market will shrink once U.S. troops complete their scheduled withdrawal from Afghanistan in 2014, said Boeing Military Aircraft President Christopher Chadwick.
Boeing analysts expect the UAV market to shrink by 20 percent in 2014, Chadwick said. That’s not to say military aviation will return to manned aircraft and shirk the advances seen the past five years in growing unmanned fleets.
Chadwick expects U.S. Air Force leaders to keep pursuing the development of more drones, especially ones to support persistent intelligence, surveillance and reconnaissance missions.

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