Sikorsky Venture to Develop Unmanned Black Hawk

Sikorsky is jumping into a lucrative and growing market. Steven Zaloga, a senior analyst at Teal Group Corp. in Fairfax, Virginia, said unmanned aerial vehicles represent “one of the few dynamic markets” in the aerospace industry hit hard in the recession. The Teal Group estimates the global market for unmanned aerial vehicle hardware will rise from $2.9 billion this year to $5.5 billion in 2019, Zaloga said.