A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The German Bundeswehr will be getting a much-needed injection of funding in 2019 following approval for the spending hike in parliament on November 9. Under the budget that was passed …
Germany’s Parliament Green-Lights Defense Spending Hike for 2019 Read More Russia’s official defense import and export agency, Rosoboronexport, is preparing its display for the Bahrain International Airshow 2018. In a press release, the general director of Rosoboronexport, Alexander Mikheev, said, …
Russia Preparing for Bahrain Military Exhibition Read More Manufacturer Phazotron-NIIR Corporation is soon to complete development of the Zhuk-AM AESA radar, according to Russian media. TASS, citing a source in the Russian defense industry, reported on November 8, …
New AESA Radar for MiG-29 Completing Development Read More The British Ministry of Defense (MoD) has published its latest Defense Equipment Plan, a rolling ten-year plan that outlines major equipment programs and funding plans. The plan involves an allocation …
U.K. Defense Equipment Plan Faces Affordability Hurdles Read More A Russian Soyuz 2.1b launch vehicle carried a GLONASS-M navigation satellite into orbit from the Plesetsk Space Center in northern Russia on November 3, 2018 at 11:17 p.m. Moscow Time …
Russia Launches Latest GLONASS Satellite on Soyuz Rocket Read More The Turkish government has selected three local companies to head its indigenous long-range air and missile defense system “Siper” (“Ditch” in Turkish) project. The Turkish companies spearheading the initiative include …
Turkey Selects Companies for Indigenous Long-Range Air Defense System Read More The populist coalition government in Italy intends to pair-down defense spending during the country’s 2019 fiscal period. The government – consisting of the populist League party and the anti-establishment Five …
Italy Plans Defense Spending Reversal for 2019 Read More
The Belgian government has signaled its intent to modernize and recapitalize its long-neglected military capability with funding worth nearly €9.2 billion ($10.45 billion) directed towards defense investments. The fiscal commitment …
Belgium Moves Forward on Major Military Investment Package Read More The British Ministry of Defense will receive an additional GBP1 billion ($1.28 billion) boost to its in-year budget following an announcement by U.K. Treasury Chancellor Philip Hammond on October 29. …
British MoD to Receive Additional Funding in Effort to Protect Key Programs Read More by Dan Darling, International Military Markets Analyst, Forecast International. With deterrence against a Russian incursion along its Baltic flank a paramount strategic concern of NATO, military mobility has emerged …
NATO Military Mobility in Europe Remains Key Focus of Alliance Read More