A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
by J. Kasper Oestergaard, European Correspondent, Forecast International. British defense giant BAE Systems has sold a majority stake in its Land UK tank and combat vehicle division to German competitor …
Rheinmetall and BAE Systems Establish U.K.-Based Land Systems Joint Venture Read More
Russia has rejected the U.S. demand for the elimination of the 9M729 cruise missile, as the two countries continue a spat over the INF Treaty.
Russia Rejects U.S. Demands on 9M729 Elimination Read More
The Russian Aerospace Forces will receive several MiG-35 fighter jets this year and is planning on a new contract for more of the aircraft.
Russian Aerospace Forces Receiving MiG-35s Read More The Austrian government has ring-fenced over EUR300 million ($343 million) under a special budget intended for the purchase of up to 15 new helicopters. The helicopters being procured will include …
Austria Earmarks Helicopter Procurement Funding Read More The Russian government will sign a contract for the procurement of another batch of Su-57 fighter jets next year, TASS reports. A source in the Russian aircraft industry told TASS …
Russia to Sign Second Su-57 Contract in 2020 Read More Ukraine will acquire the Bayraktar TB2 unmanned combat aerial vehicle (UCAV). Several months after reports emerged of the deal, Ukrainian President Petro Poroshenko confirmed on January 12, 2019, that Ukraine …
Ukrainian President Confirms TB2 Buy Read More A $500 million deal involving the sale of second-hand Israel F-16s to Croatia appears to have reached a dead end due to U.S. objections. The sale of 12 ex-Israeli Air …
Croatia’s F-16 Acquisition from Israel Falters over U.S. Objections Read More Russia is working on an upgraded version of the Kalibr cruise missile. Speaking to TASS Russian News Agency on January 8, 2019, a source in the military-industrial complex said, “The …
Russia Upgrading Range of Kalibr Cruise Missile Read More Turkey’s defense and aerospace sectors generated exports tipping over $2 billion in value for 2018. This marked the first time that Turkey reached or surpassed the $2 billion export milestone …
Turkey Defense and Aerospace Exports Top $2 billion in 2018 Read More Following years of waffling, Spain has pulled the trigger on its option for a second-batch order of NH90 helicopters under a €1.38 billion ($1.57 billion) after receiving cabinet approval of …
Spain Orders New Batch of NH90 Helicopters Read More