A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
A government-to-government Foreign Military Sale (FMS) request by South Korea for acquisition of the F-35 combat aircraft has been approved by the U.S. State Department. Notification of the estimated $5.06 …
Republic of Korea Air Forces Get Clearance to Grow F-35 Fleet Read More
The Polish draft budget for FY24 released by the Ministry of Finance indicates a sharp year-on-year increase for the country’s defense budget. The proposed earmark reflects a rise from the …
Poland Proposes Double-Digit 2024 Budgetary Increase for Defense Read More
The South Korean government has approved a Defense Ministry request to raise the topline defense budget by 4.5 percent nominally year-on-year in 2024. The government intends to submit the budget …
South Korean Government Plans 4.5 Percent Rise for 2024 Defense Budget Read More
During a visit to Boeing’s St. Louis factory, Indonesia’s Minister of Defense, Prabowo Subianto, signed a Memorandum of Understanding (MoU) to acquire up to 24 F-15EX combat aircraft. From Boeing …
Indonesia Inks Memorandum of Understanding for F-15EX Purchase Read More
Forecast International analyst Dan Darling and Defense One editor Marcus Weisgerber discuss the state of the global defense industry. Video – Defense One “Follow the money” is a famous quote …
Follow the Money: Global Defense Spending Markets and Trends Read More
By Aja Melville, Daniel Darling, and Derek Bisaccio The onset of the Russian invasion of Ukraine in February 2022 awoke Europe from its post-Cold War slumber. Within a matter of …
From Crisis to Opportunity: Europe’s Defense Industry Transformation in the Post-Ukraine Crisis Read More
The Indian government is ready to move forward with a procurement of 26 French-built Rafale combat aircraft. The selection of the Rafale M (Marine) variant to meet the Indian Navy’s …
India Picks Rafale M to Meet Carrier Combat Aircraft Requirement Read More A Czech Republic government-to-government foreign military sales (FMS) request for procurement of 24 F-35A Lightning II stealth combat aircraft has been given the go-ahead by Washington. Formal notification of approval …
Czech Request for F-35A Combat Aircraft Gets U.S. Approval Read More
Following the arrival of Germany’s Defense Minister Boris Pistorius in New Delhi for a two-day visit, reports indicate that a Memorandum of Understanding is expected to be signed regarding a …
German Submarine Deal Nears as India Seeks Non-Russian Defense Solutions Read More
The Malaysian government inked over 40 defense deals worth $2.2 billion at the Langkawi International Maritime and Aerospace (LIMA) exhibition last week. The series of new defense contracts include agreements …
Malaysia Goes on an Aviation Systems Shopping Spree Read More