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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
When the President is riding in an HMX-1 Marine helicopter, the call sign is Marine One. The Sikorsky VH-3D (Sea King) is the main presidential chopper. Operational Testing and Evaluation of Assault Helicopters and Related Equipment for the US Marine Corps is the responsibility of HMX-1.
The major role of the helicopter is that of an armed, tactical helicopter with the ability to fly quickly, provide multiple weapon fire support, conduct aerial reconnaissance, and assist troop helicopters.
The Global Marine helicopter market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
The Marine Corps' CH-53K King Stallion heavy lift helicopter was last week designated suitable for full-rate manufacturing by the U.S. Navy, enabling the Marines to treble their annual purchases of the aircraft over the next three years. The performance and dependability of this aircraft have been satisfactorily shown by the service. With FRP, they'll keep advancing the CH-53K's solid manufacturing, sustainment, and support infrastructure.
To accommodate this enhanced production pace at its Connecticut factory, it has already purchased long-lead products and essential components. More than 200 businesses spread throughout 35 states make up the supplier base. The Marine Corps can expand its CH-53K King Stallion fleet and boost mission success by ramping up manufacturing of the most technologically advanced helicopter in the world.
This production authorization helps to maintain the stability of Sikorsky's domestic supply chain and demonstrates our steadfast relationship with the Marine Corps.
Six low-rate initial production contracts for 42 aircraft have been given to Sikorsky, a Lockheed Martin business. Lots 7 and 8, the first two lots under full-rate production, have already been given long-lead contracts by the service. The Marine Corps announced first operational capability for the helicopter in April, indicating that the organisation has the necessary training, supplies, and spare parts to support the helicopter's maiden deployment.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |