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
Lockheed Martin has been awarded a contract for one Freedom class Littoral Combat Ship (LCS 31), the last of three LCS funded by the U.S. Navy in FY19. The other …
U.S. Navy Awards Contract for Third FY19 Littoral Combat Ship 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 The Egyptian military is to start receiving locally-produced mine-resistant, ambush-protected (MRAP) armored vehicles. Citing reports in local media, defenceWeb reported on January 15, 2019, that the Egyptian Army will soon …
Egypt Procuring Local Armored Vehicle Read More Spanish shipmaker Navantia will soon cut steel for a corvette for Saudi Arabia. On January 15, 2019, Navantia is to cut steel at its San Fernando shipyard for the first …
Saudi Corvette Construction Begins 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 The Algerian military has apparently taken delivery of MaxxPro MRAPs. On January 10, 2019, the website MENA Defense reported the delivery of MaxxPro MRAPs to the Algerian Army, sharing a …
Algeria Receives MaxxPro MRAP Read More
South Korea’s Defense Ministry unveiled its next five-year budgetary blueprint on January 11, which indicates an average annual hike of 7.5 percent. The blueprint covers the fiscal period between 2019 …
South Korea Plans Five-Year Defense Spending Hike with Missile Defense and Counter-Fire Capability in Mind Read More The Iranian Air Force has conducted a training exercise, dubbed “Modafe’an-e Harim-e Velayat,” in central Isfahan province, at the Shahid Babayee airbase. In a statement, the spokesman for the drills, …
Iranian Air Force Conducts Training Exercise Read More