A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The U.S. State Department recently approved a Foreign Military Sale (FMS) to Egypt of M1A1 Abrams tank refurbishment, support, and related equipment for an estimated cost of $4.6 billion. The …
Massive Abrams Tank Refurbishment Sale to Egypt Features Advanced Electro-Optical Sensors Read More
In 2024, the U.S. Air Force and State Department authorized over $30 billion in contracts and Foreign Military Sales (FMS) focused on precision-guided munitions (PGMs). These agreements included seven critical …
U.S. Sees Surge in Small Diameter Bomb Acquisitions 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
U.S. lawmakers released the final version of the FY25 National Defense Authorization Act (NDAA) this past Saturday, omitting a significant funding boost recommended by the Senate Armed Services Committee earlier …
Defense Authorization Bill Abandons Senate’s Proposed Topline Increase 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 F-35 program, which faced significant challenges recently, is showing signs of recovery. After a period of delivery delays, including TR-3 software issues, which resulted in “training-only” jets and subsequent …
Lockheed Martin F-35 Gains Production Contract Momentum Read More
The integration of autonomous military systems across air, land, and sea is revolutionizing modern warfare, delivering unparalleled speed, precision, and firepower. In the skies, Uncrewed Aerial Vehicles (UAVs) provide superior …
Autonomous Systems of Impact In Modern Warfare Read More