A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
As part of an effort to expand its operations in Romania and Europe overall, Rheinmetall is acquiring a controlling stake in Romanian vehicle maker Automecanica Mediaș. The announcement follows an …
Rheinmetall Acquires Majority Stake In Romanian Military Vehicle Maker Read More
The U.S. State Department reported that FY2023 U.S. military exports rose to a record $238 billion, up almost 16 percent from $206 billion in FY2022. The major driver in this …
Strong Global Demand Pushes U.S. Military Exports to a Record $238 Billion Read More
Airbus Helicopters has agreed to acquire Aerovel and its signature Flexrotor system to bolster its unmanned aerial capabilities. This strategic move bolsters Airbus’ presence in the tactical UAS market, offering …
Airbus Helicopters Adds Aerovel to Unmanned Aerial System Portfolio Read More
The Canadian government has chosen General Dynamics Land Systems-Canada as the preferred bidder for the Logistics Vehicle Modernization (LVM) program, a major initiative to upgrade the Canadian Armed Forces (CAF) …
Canada Selects Winner for Logistics Vehicle Modernization Project Read More
ELLSWORTH AIR FORCE BASE, S.D — A U.S. Air Force B-1B Lancer bomber crashed on January 4th, 2024, while attempting to land at Ellsworth Air Force Base in South Dakota. …
B-1B Lancer Crashes at Ellsworth Air Force Base Read More
Leonardo and KNDS, under the Italian Ministry of Defense’s guidance, have forged a strategic alliance to strengthen Europe’s defense capabilities and develop the next generation of armored vehicles. This partnership, …
KNDS and Leonardo Team on Leopard 2A8 Tanks as Italy Joins MGCS Future Armor Program Read More
PARIS — The Organisation for Joint Armament Cooperation (OCCAR) has signed a contract with Arquus and Nexter, a company of KNDS, for the development of the Véhicule Blindé d’Aide à …
Development of New VBAE Light Armored Vehicle Launched Read More
After a challenging FY23, ThyssenKrupp has laid the groundwork for a transformed company in the year ahead. For the company’s 2023 fiscal year ended September 30, 2023, ThyssenKrupp’s sales fell …
ThyssenKrupp Restructuring Moving Forward, Plans to Spin-Off Marine Unit Read More
Boeing has been dropped from the USAF competition to develop a successor to the E-4B Nightwatch, according to a Reuters report. The E-4B, a modified Boeing 747, serves as a …
Boeing Out of Running to Build New Air Force ‘Doomsday Plane’ Read More
Four contractors have been selected for DARPA’s Speed and Runway Independent Technologies (SPRINT) project. The Speed and Runway Independent Technologies (SPRINT) project is a joint DARPA/U.S. Special Operations Command effort …
DARPA Selects Four Contractors for SPRINT Program Read More