Lockheed Martin Helicopter Business May Suffer In Third Quarter | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-12.01.25

AirborneNextGen-
12.02.25

Airborne-Unlimited-12.03.25

Airborne-FltTraining-12.04.25

AirborneUnlimited-12.05.25

AFE 2025 LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

Thu, Oct 06, 2016

Lockheed Martin Helicopter Business May Suffer In Third Quarter

Downturn In The Oil And Gas Industry Slowing Demand

An ongoing downturn in the oil and gas industry may affect Lockheed Martin's Sikorsky helicopter division, according to analysts.

The website Marketrealist.com reports that research from the firm Wood Mackenzie indicates that the oil and gas industry is looking at investment cuts of more than $1 trillion for the remainder of the decade, causing some helicopters servicing the industry to be idled. Currently, about 25 percent of the global helicopter fleet serves the oil and gas sector.

Sikorsky currently has the largest backlog on its order book among helicopter manufacturers. But 75 percent of those orders are from military customers, while the oil and gas industry represents only seven percent.

The analysis also indicates that Sikorsky has a larger aftermarket risk than other manufacturers.

(Image from file)

FMI: www.woodmac.com

Advertisement

More News

Classic Aero-TV: VerdeGo Debuts VH-3 Hybrid-Electric Powerplant

From 2023 (YouTube Edition): New Propulsion Scheme Optimized for AAM Applications Founded in 2017 by Eric Bartsch, Pat Anderson, and Erik Lindbergh (grandson of famed aviation pion>[...]

NTSB Prelim: Grumman American Avn. Corp. AA-5B

During The Initial Climb, The Engine Began To Operate Abnormally And, After About Three Seconds, Experienced A Total Loss Of Power On October 29, 2025, about 1820 Pacific daylight >[...]

ANN's Daily Aero-Linx (12.02.25)

Aero Linx: Women in Aviation International Women in Aviation International is the largest nonprofit organization that envisions a world where the sky is open to all, and where avia>[...]

Aero-News: Quote of the Day (12.02.25)

“We’ve paid for the cable line’s repair for the customer and have apologized for the inconvenience this caused them...” Source: Some followup info from an A>[...]

Aero-News: Quote of the Day (12.03.25)

“We have long warned about the devastating effects of pairing optimization. Multiple times over many months, we highlighted how schedule manipulation, unbalanced schedules, a>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC