If it hasn't been retrofitted out, then it's still in use today. That sentence would only be incorrect if the new solution was retrofitted on all aircraft.
I think it's the "so elegant" part that's wrong. It's not still being used today because it's so elegant. It's still being used today because the old helicopters haven't replaced it.
> is so elegant it’s still being used today
I think it's the "so elegant" part that's wrong. It's not still being used today because it's so elegant. It's still being used today because the old helicopters haven't replaced it.