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July 14, 2026
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Defense Security Monitor

Defense Security Monitor

A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.

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Richard Pettibone

A navy fighter jet lands on an aircraft carrier with mountains in the background
Military Electronics / Military Space / US Defense

L3Harris Hits Post-Merger Goals as It Tightens Operations

January 7, 2022November 28, 2022 - by Richard Pettibone

While L3Harris Technologies has weathered the COVID-19 pandemic quite well, global supply chain issues are beginning to wear on the firm.  The company’s growth trajectory petered out somewhat in late …

L3Harris Hits Post-Merger Goals as It Tightens Operations Read More
GE Aviation to Stand Alone as GE Splits into Three
Civil & Commercial Aerospace / Commercial Aircraft / Featured / Power Systems

GE Aviation to Stand Alone as GE Splits into Three

November 9, 2021November 28, 2022 - by Richard Pettibone

It has been a wild ride for one of America’s most storied companies.  After struggling for years to get its house in order, the company has announced its plan to …

GE Aviation to Stand Alone as GE Splits into Three Read More
Safran Charts Steady Course Toward Post-Pandemic Recovery
Commercial Aircraft / Power Systems

Safran Charts Steady Course Toward Post-Pandemic Recovery

November 8, 2021November 28, 2022 - by Richard Pettibone

Safran is slowly working its way through the COVID-19 pandemic, with the initiatives it took at the beginning of the crisis helping it along. As Safran focuses primarily on the …

Safran Charts Steady Course Toward Post-Pandemic Recovery Read More
Rolls-Royce and Babcock Sell Stakes in AirTanker Holdings
Military Aircraft / US Defense

Rolls-Royce and Babcock Sell Stakes in AirTanker Holdings

September 14, 2021September 14, 2021 - by Richard Pettibone

Rolls-Royce and Babcock Engineering announced that they have reached an agreement with Equitix Investment Management Limited to sell their respective stakes in AirTanker Holdings Limited. AirTanker Holdings Limited, a joint …

Rolls-Royce and Babcock Sell Stakes in AirTanker Holdings Read More
2018 World General Aviation Aircraft Shipments Up 5 Percent
Civil & Commercial Aerospace / Commercial Aircraft / Featured

Bombardier Now Solely Focused on Aerospace

August 16, 2021November 28, 2022 - by Richard Pettibone

With the disposal of its rail-related transportation division, Bombardier has reached the zenith of its restructuring efforts.  After years of divestments and restructurings, today’s Bombardier is a pure-play aerospace company …

Bombardier Now Solely Focused on Aerospace Read More
Hyundai Heavy Industries Facing Delays over Daewoo Shipbuilding Merger
Featured / Naval Systems / US Defense

Hyundai Heavy Industries Facing Delays over Daewoo Shipbuilding Merger

July 8, 2021July 7, 2021 - by Richard Pettibone

Hyundai Heavy Industries’ presence in defense markets is largely centered on the production of naval warships via its Korea Shipbuilding & Offshore Engineering (KSOE) unit.  Here the company is seeking to …

Hyundai Heavy Industries Facing Delays over Daewoo Shipbuilding Merger Read More
Welcome to L3Harris.com_
Military Electronics / US Defense

L3Harris Reaching Its Portfolio Reshaping Goals

June 28, 2021June 28, 2021 - by Richard Pettibone

  L3Harris Technologies weathered the COVID-19 crisis quite well, with sales rising 3 percent to $18.2 billion.  The growth trajectory continued in the first part of 2021, and the company …

L3Harris Reaching Its Portfolio Reshaping Goals Read More
Lockheed Martin and Northrop Grumman to Compete for Next-Generation Interceptor
Missiles / US Defense

Lockheed Martin and Northrop Grumman to Compete for Next-Generation Interceptor

March 26, 2021March 26, 2021 - by Richard Pettibone

The Missile Defense Agency (MDA), in a competitive downselect phase, selected Lockheed Martin and partner Aerojet Rocketdyne and a Northrop Grumman and Raytheon Missiles & Defense team to develop and …

Lockheed Martin and Northrop Grumman to Compete for Next-Generation Interceptor Read More
Aero Vodochody Celebrates 100 Years with New Trainer Success
Featured / Military Aircraft / US Defense

Aero Vodochody Continues Trainer Focus Under New Owners

March 8, 2021March 8, 2021 - by Richard Pettibone

With Aero Vodochody successfully refocused on its training aircraft operations, owner Penta decided the time was ripe to divest.  In mid-2020, a joint venture firm led by Hungarian businessman Andras …

Aero Vodochody Continues Trainer Focus Under New Owners Read More
MTU Aero Engines Sees MRO Recovery In 2021
Commercial Aircraft / COVID-19 / Featured / Power Systems

MTU Aero Engines Sees MRO Recovery In 2021

January 4, 2021December 31, 2020 - by Richard Pettibone

A little over a year into the COVID-19 pandemic, the aviation industry remains under pressure – a status that is likely to linger for some time to come.  Air traffic, …

MTU Aero Engines Sees MRO Recovery In 2021 Read More

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International Military Markets

Forecast International’s International Military Markets service provides a country-by-country examination of the military capabilities, equipment requirements, and inventories of over 120 nations. The individual country reports are structured to condense a vast range of information into concise segments. Governmental and political structures, political and economic trends, national and defense budgets, force structures, military planning requirements, recent and future procurements, the security environment, threat assessments, and military postures – all are detailed in these six services broken out by region (click each title for more details).

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