A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
The Russian defense industry is to modernize the Su-34 fighter-bomber. In an interview with RIA Novosti, the director of United Aircraft Corporation, Yuri Slyusar, said that the Russian state-owned aircraft …
Russian Air Force to Receive Modernized Su-34 Read More
The Russian Navy has commissioned a new missile boat. On December 29, Izvestia reported that the Black Sea Fleet has commissioned the Ingushetia, a Project 21631 Buyan-M missile boat. Vessels …
New Missile Boat Enters Russian Service Read More
On December 17, in a ceremony overseen by President Xi Jinping, China’s first domestically built aircraft carrier was commissioned into service with the People’s Liberation Army Navy (PLAN). Construction of …
China Commissions First Domestically Built Aircraft Carrier into PLAN Service Read More
737 MAX Fleet Still Grounded as Company Rolls Out First 737 MAX 10 by J. Kasper Oestergaard, European Correspondent, Forecast International. Boeing and Airbus delivered 24 and 78 commercial jets …
Airbus and Boeing Report November 2019 Commercial Aircraft Orders and Deliveries Read More
Triumph Group’s restructuring efforts are coming to completion, with over a dozen operations divested so far. The transformation is part of the company’s “One Triumph” initiative begun some four years …
Triumph’s Restructuring Coming to a Close; Aerospace Structures on the Block Read More
A new defense policy bill Congress released this week gives the green light to establishing a new Space Force as the sixth Armed Service of the U.S. The new service will fall …
U.S. Defense Policy Bill Establishes Space Force Read More
The U.S. Congress has reached an agreement on a defense bill covering funding for 2020 that will allocate military assistance to Ukraine. This week, following months of dialogue between members …
U.S. Allocates $300 Million in Military Aid to Ukraine Read More
AVIC is the Airbus, Boeing, and Lockheed Martin of China. The firm consolidates all of China’s aviation activities under its aegis in one form or another. The goal behind its …
AVIC Acquisition Growth Slowing; Program Delays Continue Read More
Saudi Arabia is planning to further shrink its defense budget for the upcoming year. This week, Saudi Arabia unveiled its plan for the budget in 2020. Overall, the government is …
Saudi Arabia Cuts Defense Budget Read More
Nearly two years after an earlier deal was nixed, the Czech Republic has reached a $125 million government-to-government deal with Israel for the procurement of eight ELM-2084 Iron Dome multimission …
Czech Republic Orders Eight Israeli Multimission Radars Read More