A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The German Federal Cartel Office (Bundeskartellamt) has approved the formation of a joint venture between Germany’s defense systems producer Rheinmetall AG and Leonardo S.p.A., an Italian aerospace and defense company. …
Rheinmetall and Leonardo JV Receives Approval, to Focus on Italian Army Programs Read More
Sweden has embarked on a significant military modernization program, highlighted by a SEK17.2 billion ($1.54 billion) investment in its tank fleet. This substantial deal with KNDS Deutschland will see the …
Sweden to Significantly Enhance its Tank Forces Read More
Germany has approved the purchase of four additional Type 212CD submarines from thyssenkrupp Marine System (TKMS) in a deal valued at EUR4.7 billion ($4.92 billion). In addition, Norway has indicated …
German Government Orders Four More Type 212CD Submarines Read More KNDS Deutschland and Rheinmetall, through their joint venture ArGe D-LBO (Working group for digitalizing land-based operations), was awarded a EUR1.98 billion ($2.07 billion) contract from the German Federal Office of …
German Army Embarks on €3.2 Billion Digital Transformation with KNDS and Rheinmetall Read More
Portugal has awarded a contract to Turkish defense company STM for the construction of two Auxiliary Oiler Replenisher and Logistics Ships (AOR+) for the Portuguese Navy. STM’s proposal was chosen …
Portugal Selects Turkish Firm STM to Build Two Advanced Logistics Ships Read More
The Israeli Ministry of Defense (IMOD) has announced a $780 million deal with Israel Shipyards to acquire five advanced ‘Reshef’ missile ships. Approved by the Ministerial Procurement Committee and the …
Israel Approves $780 Million Deal for New Navy Missile Ships Read More
Nammo has begun construction on a new munition production facility in Raufoss. This expansion will increase the company’s production capacity for artillery ammunition and rocket engines. The project is part …
Nammo Begins Construction of New Ammunition Plant in Norway Read More
The Norwegian Ministry of Defence announced plans to initiate discussions with France, Germany, the United Kingdom, and the United States regarding a potential strategic partnership to acquire new frigates. This …
Norway Seeks International Partnership for Next-Gen Frigates Read More
Iveco Defence Vehicles (IDV) has signed a preliminary agreement with Leonardo to supply components for future contracts within the new Leonardo-Rheinmetall joint venture. IDV will contribute 12-15 percent of the …
Iveco Defence Vehicles to Supply Components for Leonardo-Rheinmetall JV Read More
The Swiss Federal Office of Armaments, armasuisse, has selected KNDS Deutschland’s RCH 155 AGM Artillery Gun Module system as the winner of a competitive tender for a new artillery system. …
Swiss Army Picks KNDS’ RCH 155 AGM Artillery Gun Module Read More