A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
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 Spain’s Socialist government signed off on an investment package worth €7.331 billion ($8.306 billion) on December 14 that covers defense and security programs within a multi-year period culminating in 2032. …
Spanish Government Clears $8 Billion Armament Package Read More A new Russian corvette has completed sea trials, paving the way for commissioning into service. On December 17, 2018, the Eastern Military District’s press service announced that Gromkiy, a corvette …
New Russian Corvette Ready for Commissioning Read More by Thomas Dolzall, Defense Analyst, Forecast International. Over the past two decades, the international market for wheeled armored vehicles has witnessed tremendous expansion in demand, as well as a coinciding …
Cayman ARV Procurement Reflects Belarus’s Pursuit of Strategic Autonomy, Part II Read More