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
President Joe Biden said he would veto a proposed House defense spending bill if it were to be put on his desk in its current form. The House defense appropriations …
White House Cites Multiyear Munitions Buys in Veto Threat of House Appropriations Bill Read More
On September 5, the U.S. Air Force, on behalf of itself and at least 29 Foreign Military Sales (FMS) partners, awarded ELB Services LLC of Columbus, Georgia, a single-award, indefinite …
ELB Services Will Support Aircraft Mission Planning Systems Worldwide Under $600M Award Read More
When is a monopoly not a monopoly? When it is a joint venture – until it’s not. Sonobuoy manufacturer ERAPSCO (a joint venture between Sparton and Ultra Maritime) announced on …
Sonobuoy Olympus Has Fallen Read More
The primary objective of the U.S. Army’s Future Attack Reconnaissance Aircraft (FARA) program is to produce a next-generation scout aircraft to replace the previously retired Bell OH-58 Kiowa Warrior. FARA …
BRIEFER: Future Attack Reconnaissance Aircraft (FARA) – U.S. Army Read More
This past February, an advanced self-protection system for helicopters, in development for over 10 years, reached a transformative milestone. Northrop Grumman Corporation’s Common Infrared Countermeasures (CIRCM) system achieved Initial Operational …
Advanced Helicopter Self-Protection System Reaches New Heights Read More
For five decades, Forecast International (FI) has done what was often seen as the impossible — take the guesswork out of defense and aerospace forecasting. Read on to learn more …
Forecast International Celebrates 50 Years of Defense Industry Forecasting 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
The operation of a ballistic missile nuclear submarine (SSBN) fleet is the price of admission to the “top table” of national prestige and influence. A great power operates SSBNs; if …
With Silent Power Comes Unspoken Responsibility Read More