MENU

Teal Group In The Media

Our analysts are sought out by the business community and by the media for their independent insights and forecasts.

02
April
2014

Report: Technology in the search for Flight 370

Report: Technology in the search for Flight 370

“Technology can track a flight, but assuming malice was involved, it wouldn’t change the outcome of this disaster. Only better human intelligence and screening can do that,” said Richard Aboulafia, an aviation consultant with the Teal Group.

MEDIA OUTLET: Manila Bulletin TAGS: Malaysia Airlines 370

31
March
2014

Cold War-era U-2 spy plane set for replacement by unmanned craft

Cold War-era U-2 spy plane set for replacement by unmanned craft

Weather and the operating in contested airspace are two other major concerns, says Richard L. Aboulafia, a vice president for the Teal Group Corp., an aerospace and defense industry market analysis firm.  “There are many circumstances that the Global Hawk just can’t fly in right now,” says Aboulafia, who advises aerospace companies and financial institutions. “They can’t fly in seriously bad weather. The U-2 can fly in anything.”

MEDIA OUTLET: Tampa Tribune TAGS: Global Hawk

30
March
2014

Weapons Spending Inches Upward

Weapons Spending Inches Upward

"It's 50 percent off the peak, which is pretty draconian," Richard Aboulafia, vice president of analysis at the Virginia-based Teal Group, said of the military helicopter market projections. A big unknown in this sector is the procurement rate for the Air Force's Combat Rescue Helicopter program. The Air Force intends to award to Sikorsky a contract for 112 new Black Hawk helicopters that will replace HH-60G Pave Hawks by the end of June, according to service officials. The Air Force says it plans to spend just over $1 billion between 2015 and 2019 for the effort. But the Army plans to retire the Bell Kiowa Warrior and has not funded a new armed aerial scout program. It did, however, fund procurement of 100 new Airbus Lakota helicopters, adding more than $800 million for that effort in the coming four years.

The downturn in military helicopter purchases could lead to a major merger within the industry, Aboulafia said. The military has relied heavily on helicopters over the past decade, particularly in Afghanistan, where rugged terrain has limited the access of fixed-wing aircraft and ground vehicles. Production rates have soared for the big US helicopter makers Sikorsky, Boeing and Bell over this period.

The projected downturn in the helicopter market sounds bad, “but on the other hand we were at a very high [production] peak,” Aboulafia said. Fewer military buys could lead to the acquisition or merger of one of the three big US helicopter makers, the analyst said. “You have to ask the question, is three primes the right number for the US, especially when there is foreign competition from another two primes?” Aboulafia said. “You’re going to almost certainly see the impetus for a merger or for some kind of asset swap,” he said. “It’s just a question of whether [the Justice Department] and DoD permit it.”

The three prime helicopters survived defense spending declines in the 1990s and the current projected downturn is still not as severe as two decades ago. “Even with this downturn, there’s more business than there was,” Aboulafia said. “On the negative side, corporations have different expectations of growth and profitability today.”

MEDIA OUTLET: Defense News, Federal Times TAGS: Defense Budget | Helicopters

29
March
2014

Scrapping U-2 Won’t Save As Much As Touted

Scrapping U-2 Won’t Save As Much As Touted

The money is still significant, since it roughly covers funding the service’s Combat Rescue Helicopter program. But budget sequestration has forced the service to look for cuts “measured in billions rather than ‘just’ millions of dollars,” as Air Force testimony to Congress put it. “I expect it will be a wash cost-wise, with a certain degree of risk in that capability gap,” said Richard Aboulafia, an aviation expert with the Teal Group. “That’s a short-term illusion of savings.”

MEDIA OUTLET: Defense News TAGS: Defense Budget | Sequestration

29
March
2014

Boeing’s Iconic 747 May Be Flying Into The Sunset

Boeing’s Iconic 747 May Be Flying Into The Sunset

“You used to get quite a lot of 747s, but not that many that come in here now,” Chester says. “I think 747s will be a thing of the past in the not-too-distant future.” In fact, industry analysts have predicted that for some time, Richard Aboulafia, a commercial and military aircraft expert with the Teal Group consulting firm, says that with its four engines, the 747 is a gas-guzzler. Airlines are opting instead for newer, two-engine planes — like Boeing’s 787 Dreamliner. “Getting rid of engines is a great thing in terms of fuel efficiency,” Aboulafia says. “That’s why more and more airlines are focusing on those smaller-sized planes.”

MEDIA OUTLET: North Carolina Public Radio TAGS: 747 | 787 Dreamliner | Boeing | Engines

<<  23 24 25 26 27 [2829 30 31 32  >>  
Respected Analysis
Highly respected analysis and opinions on global aircraft supply and demand and the competitive profiles of leading manufacturers.
UAS/UAV Authority
The leading authority on the global markets for Unmanned Aerial Systems (UAS) and Unmanned Aerial Vehicles (UAV), including military, government and commercial markets.
Comprehensive Coverage
The industry’s most comprehensive coverage of the global aerospace sector, including military and civilian markets.