A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Germany’s Defense Minister Annegret Kramp-Karrenbauer announced toPparliament on April 21 the decision to split the replacement program for the Panavia Tornado combat aircraft into two platforms. The long-rumored purchase plans …
German Defense Minister Makes Tornado Replacement Plans Official Read More
The Norwegian government has released its Long-Term Defense Plan, which proposes to steadily increase defense investment to reach the NATO minimum goal of 2 percent of GDP by 2028. The …
Norway Unveils Latest Long-Term Defense Plan Read More
As South Korea seeks to mitigate economic fallout and social disruption in the wake of the novel coronavirus (COVID-19) pandemic, the government is looking for areas with which to shift …
South Korea Plans Defense Budget Reduction in Wake of COVID-19 Pandemic Read More
The outbreak of the worldwide novel coronavirus (COVID-19) pandemic is placing the global economy in a near-total freeze as governments are forced to undertake shelter-in-place and quarantine orders in order …
How Will Germany’s Defense Spending be Affected by the COVID-19 Pandemic? Read More
Bulgaria’s combat aircraft acquisition is now moving to the production phase, as the U.S. government has awarded Lockheed Martin a $512 million contract for manufacture of eight F-16V Block 70s. …
Lockheed Martin Gets Pentagon Contract for Bulgarian F-16s Read More
The novel coronavirus (COVID-19) pandemic that has swept the globe has come down particularly hard in Spain. The number of confirmed infections continues to grow day by day, placing the …
Spain’s Defense Market and the COVID-19 Crisis Read More
A report in the German business newspaper Handelsblatt indicates that Germany has coalesced around a plan to replace its legacy fleet of 85-93 Panavia Tornado IDS combat aircraft with a …
Germany Readying a Split Fighter Purchase for Tornado Replacement Read More
Brunei has announced its budget for the upcoming 2020-2021 fiscal year, with defense receiving an allocation of BND606 million ($430 million). This represents a 2.7 percent nominal increase over the …
Brunei Announces Upcoming Fiscal Year Defense Budget Read More
Japan remains open to partnership on its F-X Future Fighter program with both the United States and the United Kingdom, per a statement by its Acquisition, Technology & Logistics Agency …
Japan Leaves Door Open to U.K. Partnership in Its F-X Fighter Program Read More