A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
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
With Aero Vodochody successfully refocused on its training aircraft operations, owner Penta decided the time was ripe to divest. In mid-2020, a joint venture firm led by Hungarian businessman Andras …
Aero Vodochody Continues Trainer Focus Under New Owners Read More
BAE Systems has received a $183.8 million contract for Amphibious Combat Vehicles (ACVs) for the Marine Corps. The award is a fixed-price incentive modification to a previously awarded contract (M67854-16-0006) …
BAE Systems Awarded Contract for 36 Amphibious Combat Vehicles Read More
The following is a list of the Top 100 U.S. Department of Defense prime contractors in fiscal year 2020 ranked by total contract funds awarded. In FY20, the DoD awarded …
Top 100 Defense Contractors 2020 Read More
Uzbekistan’s defense industry recently showed off new military vehicles entering production. During President Shavkat Mirziyoyev’s visit to the Academy of the Armed Forces of Uzbekistan on January 12, the president …
Uzbekistan Displays New Military Vehicles Read More
The Israeli Defense Minister expressed his preference for the country to acquire a third F-35 squadron in comments to media on Monday. Speaking to Ynet TV, Defense Minister Benjamin Gantz …
Israeli Defense Minister Seeks Third F-35 Squadron Read More
The U.S. Navy has released the long-awaited update to its 30-year shipbuilding plan. The public release of the strategy document was delayed early this year when then-Defense Secretary Mark Esper …
Washington Releases Lame-Duck Shipbuilding Plan that Requires $45 Billion in Offsets Read More
Russia is continuing to consolidate its defense industry, and now its aviation industry, around its largest state-owned defense industry holding, Rostec. According to Rostec, the inclusion of United Aircraft Corporation …
United Aircraft Corporation the Centerpiece of Rostec’s Aviation Cluster Read More
The race was too close to call on election day, but former Vice President Joe Biden has unseated incumbent Donald Trump in the presidential election, multiple news outlets are reporting. …
How the Biden Win Impacts Defense Read More
System’s use on the rise in response to the need for breaking news and updated forecasts. Forecast International reports that sales and use of its dynamic Platinum Forecast System 4.4 …
Forecast International’s Platinum Forecast System Proving Its Value During Pandemic Read More