A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
Congress is at a crossroads over the FY25 defense budget. Although the Biden administration’s FY25 budget request adhered to Fiscal Responsibility Act (FRA) spending caps, House and Senate defense committees …
Competing Visions for the Pentagon’s FY25 Budget Read More
Boeing has announced plans to sell its Digital Receiver Technology (DRT) subsidiary to Thales Defense & Security, a division of Thales Group for an undisclosed amount. DRT produces surveillance equipment …
Boeing to Sell Digital Receiver Technology to Thales Read More
The U.S. Army has decided not to pursue a new interceptor missile to replace the venerable Patriot air defense missile, according to Maj. Gen. Frank Lozano, program executive officer for …
U.S. Army Scraps Program to Replace Patriot Interceptor Read More
Boeing is under increasing pressure from both the U.S. and Israeli governments to fast-track production of its F-15EX aircraft. In August 2024 the U.S. approved the possible sale of up …
Boeing Pressured To Expedite F-15EX Production Amid Middle-East Conflict Read More
Defense industry giants Leonardo and Rheinmetall have officially formed a new joint venture, Leonardo Rheinmetall Military Vehicles (LRMV), dedicated to the development and production of military combat vehicles. This partnership …
Leonardo and Rheinmetall Join Forces to Create European Combat Vehicle Powerhouse Read More
In the rapidly changing landscape of modern conflict, unmanned aerial systems (UAS) are taking center stage. From the battlefields of Ukraine to the Middle East, drones are reshaping military …
Countering Unmanned Aerial Systems – 10 Programs To Watch Read More
“This time, for sure, the tank is dead.” Despite the repeated predictions of the tank’s demise, the anti-armor missile market continues to thrive. The ongoing Russo-Ukrainian War has once again …
Russo-Ukrainian War Fuels Demand for Anti-Tank Missiles Read More
The U.S. and Poland have agreed to a Foreign Military Financing loan worth $3.08 billion. The deal represents the third loan by the U.S. to the Polish Ministry of National …
U.S. and Poland Fortify Defense Ties with Aircraft and Financing Deals Read More
Turkish defense company Otokar announced on Friday that it has been selected to proceed with negotiations for a major sale of armored vehicles to the Romanian Army, as the eastern …
Romania Selects Otokar for Major Armored Vehicle Acquisition Read More
September and October have been experiencing a flurry of contract awards and contract modification increases for the United States Navy’s Virginia class submarine program. Below are two of the latest …
U.S. Virginia Class Submarine Program Sees Flurry of Contract Activity Read More