A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The White House has announced that its FY22 budget request will seek $753 billion for national defense, a 1.7 percent increase over the FY21 enacted level. That figure includes the …
White House Proposes $715 Billion Defense Budget for FY22 Read More
The latest U.K. defense review document – the Defence Command Paper titled “Defence in a Competitive Age” – was released to the public on March 22, to much commentary. Thoughts …
The U.K. Defence Command Paper in Review Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. In a scathing March 14 report released by the U.K. Parliament’s Defence Committee, the British Army’s armored fighting vehicle capability is called deplorable, …
Scathing Report on the British Army’s Armored Fighting Vehicle Capability: ‘Deplorable, Obsolescent and Outgunned’ Read More
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
by J. Kasper Oestergaard, European Correspondent, Forecast International. Summary: Revenues, cash flow and liquidity greatly improved in fourth quarter Reported €1.6 billion net profit in Q4 – first quarterly profit since …
Airbus Fourth Quarter and Full Year 2020 Earnings Review and 2021 Outlook Read More
The following is a list of the Top 100 U.S. Department of Defense prime contractors in fiscal year 2020 ranked by total contract funds awarded. In FY20, the DoD awarded …
Top 100 Defense Contractors 2020 Read More
The long national awakening to a renewed threat presented by Russia has prompted Sweden’s political leadership to dip into its past to prepare for potential future conflict. The new preparations …
Sweden Looks to the Past to Prepare for Its Defense Future Read More
2021 Expected to Be Year of Recovery for Commercial Plane Makers by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 39 and 89 commercial jets in December 2020, …
Airbus and Boeing Report December and Full-Year 2020 Commercial Aircraft Orders and Deliveries Read More
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
The U.S. Navy has released the long-awaited update to its 30-year shipbuilding plan. The public release of the strategy document was delayed early this year when then-Defense Secretary Mark Esper …
Washington Releases Lame-Duck Shipbuilding Plan that Requires $45 Billion in Offsets Read More