Pentagon Helo Funding Drops, According to In-Depth Study of 2015 Federal Budget by Penton's Aviation Week

NEW YORK, March 26, 2014 /PRNewswire/ -- The U.S. Defense Department's proposed fiscal 2015 budget calls for a dip in rotorcraft spending of about $500M compared to enacted fiscal 2014 spending, according to an exclusive analysis of budget data by Penton's Aviation Week, the largest multimedia information and services provider to the global aviation, aerospace and defense industries.

The analysis, by Naval Editor Mike Fabey and Defense Data Analyst Dan Katz, shows the Pentagon spending about $9.9 billion for rotorcraft and related programs in fiscal 2015, compared to about $10.4 billion in fiscal 2014.  The Pentagon did not break out its proposed topline rotorcraft spending for fiscal 2015 as it did for fiscal 2014, when it proposed spending about $7.1 billion for such programs. 

Aviation Week's rotorcraft spending study, a result of a line-by-line review of DOD budget documents, is part of Aviation Week's extensive, ongoing coverage of the Obama administration's funding requests for the Army, Navy, Air Force, Marines, Coast Guard, NASA, the Department of Transportation, and the Federal Aviation Administration, including exclusive tables and graphs highlighting key budget areas.  As budget developments emerge, Aviation Week Intelligence Network (AWIN) subscribers can access continuous coverage at http://www.aviationweek.com/awin/USBudget2015.aspx.

Aviation Week's journalists and analysts are available for commentary.  To schedule interviews, contact Elizabeth Sisk, Marketing Director, Aviation Week, +1. 860.245.5632, elizabeth.sisk@aviationweek.com.  

About Aviation Week
Aviation Week, a division of Penton, is the largest multimedia information and services provider for the global aviation, aerospace and defense industries. Industry professionals rely on Aviation Week for analysis, marketing and intelligence. Customers include the world's leading manufacturers, suppliers, airlines, business aviation operators, militaries, governments and other organizations that serve this global market. The product portfolio includes Aviation Week & Space Technology, AC-U-KWIK, Aircraft Blue Book, Airportdata.com, Air Charter Guide, Air Transport World, AviationWeek.com, Aviation Week Intelligence Network, Business & Commercial Aviation, ShowNews, SpeedNews, Fleet and MRO forecasts, global maintenance, repair and overhaul (MRO) tradeshows and aerospace & defense conferences.

About Penton
Penton is a leading professional information services company that engages and informs millions of professionals every day, helping them grow and solve their most critical business challenges. As a provider of critical workflow solutions and insightful content, marketing services and networking, Penton helps businesses do business in five core growth markets: agriculture, transportation, natural products/food, infrastructure, and industrial design/manufacturing

Penton is a growth company with a track-record of strong performance and success and is backed by its co-owners: MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP.

For additional information on the company and its businesses, visit www.penton.com.

 

MEDIA CONTACT:

Liz Sisk
Marketing Director
Aviation Week
860.245.5632
elizabeth.sisk@aviationweek.com

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SOURCE Penton



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