A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Hyundai Heavy Industries’ presence in defense markets is largely centered on the production of naval warships via its Korea Shipbuilding & Offshore Engineering (KSOE) unit. Here the company is seeking to …
Hyundai Heavy Industries Facing Delays over Daewoo Shipbuilding Merger Read More
The Swiss government has tapped two American-sourced solutions to meet the requirements of its Air 2030 program to replace the Swiss Air Force’s aging fleet of both F-5 Tiger and …
Switzerland Taps F-35, Patriot to Meet Its Air 2030 Requirements Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. For years, Croatia has been in the process of modernizing its air force by replacing older Soviet-era aircraft with both new and secondhand …
Rafale Fighter Jet Acquisition: A Major Leap Forward for the Croatian Air Force Read More
by J. Kasper Oestergaard, European Correspondent, Forecast International. According to a government report submitted to the German parliament, new European partners are expected to join the Franco-German Main Ground Combat System …
Main Ground Combat System (MGCS) – Status and Path Forward Read More
The overall market for civil aircraft retrofit and modernization is, of course, directly tied to capacity. The COVID-19 pandemic has challenged the airline industry in ways it has never been …
Civil Retrofit & Modernization Recovery Led by Cargo Conversions Read More
Forecast International (FI), a world leader in aerospace and defense market intelligence, has released a new analysis of the airborne electro-optics market. The Market for Airborne Electro-Optical Systems is based …
Forecast International Unveils Freshly Updated Airborne Electro-Optical Market Analysis Read More
Year of Recovery Well Underway for Commercial Jet Makers – Strong Vote of Confidence in 737 MAX by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 77 and …
Airbus and Boeing Report First Quarter 2021 Commercial Aircraft Orders and Deliveries Read More
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