Military helicopter upgrades worth $3.98 billion in 2012

The military helicopter modernization, upgrade & retrofit market will reach a value of $3.98 billion in 2012, according to a report released by Visiongain, a market research company in London. The strains of recent operations combine with tighter budgets, and a need to maintain a qualitative advantage drive the upgrade and retrofit of existing helicopter platforms, the company said.

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